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+ - Michael Lewis inside view of high-frequency trading (HFT)->

Submitted by Mof-Tan
Mof-Tan (108800) writes "NY Times Magazine is running an adaptation of Michael Lewis new book Flash Boys: A Wall Street Revolt. The story tracks how a team originally from Royal Bank of Canada, later independent, set out to understand how Wall Street has been rigged and how to fix it. Their new exchange, IEX opened on Oct. 25th 2013 and has quickly grown enormously thanks to investors trying to avoid getting fleeced in the process of trading stocks. Is this the end of HFT?"
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Comment: Why is Slashdot & tech media behind on this st (Score 1) 334

As a European living in a country with a fairly well working public health system (Sweden), and a tech background, I am amazed that Slashdot and other tech media is behind the curve on this story. Why is NYTimes and other mainstream media the ones running with this and finding the background etc? Damn common sense tech people in the U.S.! Get on top of this to fix it!
Cellphones

Sony Pondering Game/Phone Hybrid 80

Posted by Soulskill
from the too-little-too-late dept.
A report from a Japanese business publication says Sony is currently making plans to develop a cell phone with gaming capabilities in order to compete with the iPhone. "Sony plans to set up a project team as early as July to develop a new product that combines functions of its portable game player and Sony Ericsson's mobile phones, the Nikkei said." This comes shortly after news that the new PSP Go will be open to "non-gaming applications."

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