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Businesses

N. Carolina May Ban Tesla Sales To Prevent "Unfair Competition" 555

Posted by timothy
from the rento-polo-rento-polo dept.
nametaken writes with this excerpt from Slate: "From the state that brought you the nation's first ban on climate science comes another legislative gem: a bill that would prohibit automakers from selling their cars in the state. The proposal, which the Raleigh News & Observer reports was unanimously approved by the state's Senate Commerce Committee on Thursday, would apply to all car manufacturers, but the intended target is clear. It's aimed at Tesla, the only U.S. automaker whose business model relies on selling cars directly to consumers, rather than through a network of third-party dealerships. ... [The article adds] it's easy to understand why some car dealers might feel a little threatened: Tesla's Model S outsold the Mercedes S-Class, BMW 7 Series, and Audi A8 last quarter without any help from them. If its business model were to catch on, consumers might find that they don't need the middle-men as much as they thought." State laws imposing restrictions on manufacturers in favor of dealers aren't new, though; For more on ways that franchise operations have "used state regulations to protect their profits" long before Tesla was in the picture, check out this 2009 interview with Duke University's Michael Munger.
Businesses

Is Buying an Extended Warranty Ever a Good Idea? 329

Posted by Soulskill
from the planning-to-break-things dept.
waderoush writes "Consumer Reports calls extended warranties 'money down the drain,' and as a tech journalist and owner of myriad gadgets — none of which have ever conked out or cracked up during the original warranty period — that was always my attitude too. But when I met recently with Steve Abernethy, CEO of San Francisco-based warranty provider SquareTrade, I tried to keep an open mind, and I came away thinking that the industry might be changing. In a nutshell, Abernethy says he's aware of the extended-warranty industry's dreadful reputation, but he says SquareTrade is working to salvage it through a combination of lower prices, broader coverage, and better service. On top of that, he made some persuasive points – which don't seem to figure into Consumer Reports' argument – about the way the 'risk vs. severity' math has changed since the beginning of the smartphone and tablet era. One-third of smartphone owners will lose their devices to drops or spills within the first three years of purchase, the company's data shows. If you belong to certain categories — like people in big households, or motorcycle owners, or homeowners with hardwood floors — your risk is even higher. So, in the end, the decision about buying an extended warranty boils down to whether you think you can defy the odds, and whether you can afford to buy a new device at full price if you're one of the unlucky ones."

Comment: it was a charge card (Score 1) 228

by YesIAmAScript (#43562859) Attached to: Salesforce, a Pillow Maker and a $125k AmEx Bill

Back when credit cards were still charge cards too. When revolving credit cards (where you don't have to pay each money) changed their names to credit cards (credit is a positive, charge is a negative), AMEX kept the charge card description.

AMEX reminded me of this twice when I didn't pay in full at the end of the month. They said they didn't work that way and I wouldn't be able to charge anything until I paid it off. I replied that I didn't mind because I only used it on corporate trips and I didn't have another one for months, by which point the company would have reimbursed me and I would pay AMEX.

Comment: I'm pretty impressed with the passports (Score 4, Interesting) 236

by YesIAmAScript (#43539935) Attached to: Smartphone Used To Scan Data From Chip-Enabled Credit Cards

I was very much against them, in fact swearing I would smash my passport's smart chip when I got a new passport that had one.

But having read it with my phone, I'm impressed. You need key data from the printed page to make the NFC work and as you mention, the passports are unreadable when closed.

I think it's really well done. I'm a bit unsure quite what it's good for since it is slower than swiping it, I can only figure it was done just because putting that much info in a barcode was infeasible.

Now let me submit my pic as a link to a PNG or whatever instead of printing out a picture, having them scan it back in and turn it into a JPEG2000.

Input Devices

Omnidirectional Treadmill: The Ultimate FPS Input Device? 292

Posted by timothy
from the pricey-but-cool dept.
MojoKid writes "The concept of gaming accessories may have just been taken to a whole new level. A company called Virtuix is developing the Omni, which is essentially a multidirectional treadmill that its creators call 'a natural motion interface for virtual reality applications.' The company posted a video showing someone playing Team Fortress 2 and using the Omni along with the Oculus Rift virtual reality headset. You can see in the video how much running and movement this fellow performs. With something like the Omni in your living room, you'd likely get into pretty good shape in no time. Instead of Doritos and Mountain Dew, folks might have to start slamming back Power Bars and Gatorade for all night gaming sessions."
Earth

Is Bitcoin Mining a Real-World Environmental Problem? 595

Posted by samzenpus
from the ready-set-panic dept.
First time accepted submitter HeadOffice writes "Mark Gimein points out that Bitcoing mining uses a lot of power, enough that it is a real world problem: 'About 982 megawatt hours a day, to be exact. That’s enough to power roughly 31,000 US homes, or about half a Large Hadron Collider. If the dreams of Bitcoin proponents are realized, and the currency is adopted for widespread commerce, the power demands of bitcoin mines would rise dramatically. If that makes you think of the vast efforts devoted to the mining of precious metals in the centuries of gold- and silver-based economies, it should. One of the strangest aspects of the Bitcoin frenzy is that the Bitcoin economy replicates some of the most archaic features of the gold standard. Real-world mining of precious metals for currency was a resource-hungry and value-destroying process. Bitcoin mining is too.' However, not everyone is convinced that virtual mining is as bad for the environment as the real thing."

Comment: uh-huh (Score 2) 112

by YesIAmAScript (#43448175) Attached to: Corruption Allegations Rock Australia's CSIRO

And yet here is the other side of the story.

http://en.wikipedia.org/wiki/List_of_Australian_inventions

Wi-Fi being on that list.

CSIRO talks out of two sides of its mouth. It wants to take credit for Wi-Fi. They promote themselves this way, and you even see the Science Minister of Australia (Evans) stating "It's hard to imagine an Australian-invented technology that has had a greater impact on the way we live and work".

But then in technical circles where they face informed response, they play things down.

And no, CSIRO did not discuss with IEEE the use of the patent prior to its inclusion in the standard. The standard was published in 1997 and CSIRO didn't pipe up until later. They were not even on the 802.11 committee. This is standard submarine trolling.

And their FRAND terms? They wanted $4 per device. This would amount to more than the entire cost of a WiFi chip.

http://arstechnica.com/tech-policy/2012/04/how-the-aussie-government-invented-wifi-and-sued-its-way-to-430-million/

Comment: this isn't a precedent (Score 1) 388

Brazil confiscated huge amounts of money 23 years ago.

http://www.bbc.co.uk/news/business-21876149

'In her first act, Zelia, as she was known, went on national television to tell the country that all bank accounts were being frozen and that no-one could access more than 50,000 new cruzados in the currency of the time (a sum then worth about $1,250).'

This isn't a new thing, you just didn't know about it before. It's not necessarily going to shake all confidence in the system just because you suddenly found out about confiscation.

Comment: They'll monetize the world's problems... (Score 4, Insightful) 303

by YesIAmAScript (#43300545) Attached to: Geeks On a Plane Proposed To Solve Global Tech Skills Crisis

What is it they think SV CEOs and VCs really know how to do well actually?

It isn't solve the world's problems, it's monetize them.

It's more along the lines of turning what used to be a one-time $35 dollar product you purchase into a $8/month for-the-rest-of-your-life monthly service fee.

Cloud

A Glimpse of a Truly Elastic Cloud 201

Posted by timothy
from the nice-to-meet-you-goodbye dept.
New submitter cloudozer writes "Virtual servers in the future may stop using OSes entirely. As recently demonstrated OS-less platforms may change our understanding of how long does it take to bring a server up. A demo server gets created, booted up, configured, runs an application and shuts down in under 1 second. Radically lower startup latency means that the computing infrastructure may be woven strictly on demand, during the processing window allotted for a given request. Currently cloud providers round an instance uptime to the full hour when calculating charges. They might need to switch to per-second billing if OS-less instances get traction. The demo uses a new Erlang runtime system capable of running directly on Xen hypervisor."

Comment: Re:Ahh, Pentium. (Score 1) 197

by YesIAmAScript (#43255201) Attached to: Intel's Pentium Chip Turns 20 Today

No, Slot 1 was to allow them to put the cache on the same board as the processor soldered down so they could sell you the cache RAM instead of empty sockets you could fill with cheaper SRAM from another company.

And yeah, once they moved the L2 cache RAM on-die, there was no advantage to slot 1 anymore and a ton of downside in the cost of it. So they dumped it.

Intel has frequently leveraged their CPU dominance to try to become the #1 seller for other items on the motherboard too. They did it with their special gigabit ethernet chips that attached to the FSB instead of PCI for example.

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