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Submission Summary: 0 pending, 69 declined, 39 accepted (108 total, 36.11% accepted)

+ - Paypal Jumps into Bitcoin with Both Feet->

Submitted by retroworks
retroworks (652802) writes "BBC, WSJ, Bloomberg, Forbes and several other business sites are buzzing with Paypal's incorporation of Bitcoin transactions. According to Wired, Paypal will be "the best thing ever to happen to bitcoin" http://www.wired.com/2014/09/p... Paypal-owned Braintree not only brings 150 million active users in close contact with Bitcoin, it signals "mainstreaming" similar to cell phone app banking, perceived as experimental just a few years ago.

Meanwhile Wired News reports on "someone's efforts" to expose or unmask Bitcoin guru Satoshi Nakamoto... http://www.wired.com/2014/09/s..."

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+ - Apple Stock falls 3-4% after "Nude Celeb Scandal"->

Submitted by retroworks
retroworks (652802) writes "Both the Wall Street Journal (paywall http://blogs.wsj.com/moneybeat...), USA

Today, and Business Insider are all running stories about the big dip in Apple stock, close to the eve of the iPhone 6 rollout. Huffington Post's Headline is "Apple Stock Getting Killed" http://www.huffingtonpost.com/...

There are two different explanations given for the tanking Apple stock. To be sure, potential liabilities over The iCloud photo scandal and leaked celebrity nude photos gets its share of the blame. But and a note from Pacific Crest analyst Andy Hargreaves telling investors to sell Apple shares seems to carry more weight.

"Last week, the company was flying high as anticipation built for the iPhone 6, and the iWatch, which are expected to be announced next week. The stock was hitting new all-time highs...It all came to a screeching halt over the weekend for Apple, when nude photos of celebrities hit the web. Apple's weak security on iCloud, where the photos were backed up, was blamed for the photos hitting the web."

Apple's new mobile payments feature, as well as health tracking data tied to the iPhone, may feel the pinch from the data security breach (although most of that data is likely to be stored right on the phone, not in the iCloud, BusinessInsider points out). Pacific Crest's Hargreaves says, "We recommend taking profits in Apple.""

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+ - Burger King Announces Possible Move to Canada, Eh?-> 1

Submitted by retroworks
retroworks (652802) writes "The announced merger discussions of Burger King and Canadian Burger-Coffee Chain Tim Hortons sets the stage for an "inverse acquisition", where the smaller company winds up the HQ. This tactic has long been used in domestic markets (waste giants BFI and Waste Management both had inverse mergers with smaller waste hauling firms more than a decade ago). http://www.nytimes.com/1998/03...

The spin on the Burger King — Tim Horton's deal is that it would allow Burger King itself to move to Canada, where corporate taxes are lower. Similar "big pharma" deals are cited in the WSJ coverage of the BK-TH deal. WSJ notes that since 2010, Burger King has been owned by a Brazilian company, 3G Capital Management, which took BK stock private, and purchased Heinz (the ketchup chain) and Anheiser Busch... so making an example out of Burger King could put Obama (who has publicly professed a willingness to "take action" on inverse mergers and expatriation) could take the USA out of the frying pan and into the flame broiler. WSJ http://online.wsj.com/articles..."

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+ - Potentially Immortal Single Cell Life form Eats, Breathes, Electrons ->

Submitted by retroworks
retroworks (652802) writes "University of Southern California, Los Angeles researchers are studying forms of bacteria, found on the sea bed, which can feed directly on electrons from electric current. Unlike any other living thing on Earth, electric bacteria use energy in its purest form – naked electricity in the shape of electrons harvested from rocks and metals. NewScientist reports on cells which make ATP, a molecule that acts as an energy storage unit for almost all living things. This life form needs no sugar or protein, it can consume electrons, from electricity, directly.

"To grow these bacteria, the team collects sediment from the seabed, brings it back to the lab, and inserts electrodes into it. First they measure the natural voltage across the sediment, before applying a slightly different one. A slightly higher voltage offers an excess of electrons; a slightly lower voltage means the electrode will readily accept electrons from anything willing to pass them off. Bugs in the sediments can either "eat" electrons from the higher voltage, or "breathe" electrons on to the lower-voltage electrode, generating a current. That current is picked up by the researchers as a signal of the type of life they have captured.""

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+ - Dubai's Climate-Controlled "Dome City": Members Only?->

Submitted by retroworks
retroworks (652802) writes "Motherboard.vice reports on Dubai's planned 7Km "pedestrian city", complete with retractable air conditioned dome. The mega-project is projected to open at the United Arab Emirates World Expo Trade Fair (2020). Dubai's demographics — 85% expatriot imported labor (mostly Asian) http://en.wikipedia.org/wiki/D... — is already one of the most polarized by income level, and Motherboard finds the air conditioned cityscape artwork "dystopian". Prime Minister Mohammed Bin Rasheed, on the other hand, sees it as a move towards a tourism economy, and part of the kingdom's plan for post-petroleum. "We plan to transform Dubai into a cultural, tourist and economic hub for the two billion people living in the region around us; and we are determined to achieve our vision," Bin Rasheed explains in a press release. http://www.dubaiholding.com/me...

Details of the "Mall of the World" project include:
- World’s largest mall occupying 8 million sq. ft. connected to 100 hotels and serviced apartments buildings with 20,000 hotel rooms
- Temperature-controlled covered retail street network spreading over 7 km
- Largest indoor family theme park in the world
- Wellness district catering to medical tourists in 3 million sq. ft."

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+ - British Airways Experiments with Electronic Mood Reading Blankets->

Submitted by retroworks
retroworks (652802) writes "From Bloomberg Businessweek: "British Airways (BAY:LN), the airline that pioneered the flat-bed seats in the 1990s, has taken the business of in-flight sleep to its next (logical? absurd?) level: The airline has developed a blanket to analyze the “meditative state” of premium cabin fliers. The wool “happiness blanket” is embedded with tiny fiber-optic LEDs that change color based on brainwaves transmitted via Bluetooth from a band worn on a passenger’s head. Blue signifies calm, peace, and relaxation and is seen most often when the person is sleeping deeply."

A British Airways video (embedded in the article) http://www.businessweek.com/ar... describes how its gizmo monitors "neurons in the brain" sensing when a passenger is enjoying a state of well being. Information is transferred via bluetooth to microfibers in the blanket, which turn bright red if the passenger feels anxious. Now, the video explains, British Airways knows — scientifically — that people like to sleep during their flight."

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+ - NIgerian born UK TV repairman sentenced 16 months prison for 91% reuse-> 1

Submitted by retroworks
retroworks (652802) writes "The Guardian uses a stock photo of obvious electronic junk in its coverage of the sentencing of Joseph Benson of BJ Electronics. But film of the actual containers showed fairly uniform, sorted televisions which typically work for 20 years. In 2013, the Basel Convention Secretariat released findings on a two-year study of the seized sea containers containing the alleged "e-waste", including Benson's in Nigeria, and found 91% working and repaired product. The study, covered in Slashdot last February, declared the shipments legal, and further reported that they were more likely to work than new product sent to Africa (which may be shelf returns from bad lots, part of the reason Africans prefer used TVs from nations with strong warranty laws).

Director of regulated industry Harvey Bradshaw of the UK tells the Guardian: "This sentence is a landmark ruling because it's the first time anyone has been sent to prison for illegal waste exports." But 5 separate university research projects question what the crime was, and whether prohibition in trade is really the best way to reduce the percentage of bad product (less than 100% waste). Admittedly, I have been following this case from the beginning and interviewed both Benson and the Basel Secretariat Executive Director, and am shocked that the UK judge went ahead with the sentencing following the publication of the E-Waste Assessment Study last year. http://retroworks.blogspot.com... But what do Nerds at Slashdot think about the campaign to arrest African geeks who pay 10 times the value of scrap for used products replaced in rich nations?"

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+ - PR Firms Admit: Whitewashing Wikipedia Articles is a "Black Hat" Process->

Submitted by retroworks
retroworks (652802) writes "In the wake of a dispute over paid edits of Wikipedia pages, 11 of the largest public relations firms have agreed to comply with the online encyclopedia's rules. The move comes after Wikimedia Foundation, the organization that administers Wikipedia, threatened legal action for "suspicious edits", citing FTC laws.

Acknowledging that "prior actions of some in our industry have led to a challenging relationship" with Wikipedia editors, the firms vowed to abide by the site's policies, guidelines and terms of service. The firms also promised to police their own industry and counsel their clients in regard to proper conduct on the site.

The WSJ Blogger Jeff Elder quotes Wikipedia representatives position that whitewashing Wikipedia articles is a "black hat" process. http://blogs.wsj.com/digits/20..."

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+ - Australian Solar Power Breaks Key Milestone: Subcritical Steam->

Submitted by retroworks
retroworks (652802) writes "Gizmag and ScienceAlert.com report that a solar thermal test plant in Newcastle, Australia, has generated “supercritical” steam. According to the reports, CSIRO is claiming it as a world record, and a big step for solar thermal energy. Using a field of more than 600 directional mirrors (heliostats) directed at two towers housing solar receivers and turbines, the researchers generated steam at a pressure of 23.5 mpa (3,400 psi) and 570 C (1,058 F).

"It's like breaking the sound barrier; this step change proves solar has the potential to compete with the peak performance capabilities of fossil fuel sources," Dr Alex Wonhas, CSIRO’s Energy Director, told Colin Jeffrey for Gizmag. Supercritical steam is used to drive the world’s most advanced power plant turbines, but the articles claim it was previously only been possible by burning fossil fuels (or I'd presume nuclear fission)."

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+ - Saturated Fat and Heart Disease Studies Full of Baloney (NYT, WSJ)->

Submitted by retroworks
retroworks (652802) writes "The NYT and WSJ both report growing frustration with long-held medical "wisdom" on saturated fats in the human diet. While medical associations continue to caution against saturated fats, the strongest correlations seem to stem from research bias.

Per wikipedia: "Medical, heart-health, and governmental authorities, such as the World Health Organization, the American Dietetic Association, the Dietitians of Canada, the British Dietetic Association, American Heart Association, the British Heart Foundation, the World Heart Federation, the British National Health Service, the United States Food and Drug Administration, and the European Food Safety Authority advise that saturated fat is a risk factor for cardiovascular disease (CVD)."

However, original studies may have been influenced by "big corn". Nina Tiecholz (WSJ) writes "The fact is, there has never been solid evidence for the idea that these [saturated] fats cause disease... Nutrition policy has been derailed over the past half-century by a mixture of personal ambition, bad science, politics and bias... Too much whole-grain oatmeal for breakfast and whole-grain pasta for dinner, with fruit snacks in between, add up to a less healthy diet than one of eggs and bacon."

"Butter and lard had long been staples of the American pantry until Crisco, introduced in 1911, became the first vegetable-based fat to win wide acceptance in U.S. kitchens. Then came margarines made from vegetable oil and then just plain vegetable oil in bottles. All of these got a boost from the American Heart Association—which Procter & Gamble, the maker of Crisco oil, coincidentally helped launch as a national organization. " Tiecholz goes on to document the concerns now associated with saturated fats replacements, from oxidation to Alzheimers. "In short, the track record of vegetable oils is highly worrisome—and not remotely what Americans bargained for when they gave up butter and lard."

http://online.wsj.com/news/art..."

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+ - Arkansas Tornado Coverage with Drone Camera Raises Legal Questions->

Submitted by retroworks
retroworks (652802) writes "In the latest tornado and storm tragedy to hit the USA's south and midwest, small drone cameras steered by storm-tracker and videographer Brian Emfinger gathered stunning bird's-eye footage of the wreckage. Forbes magazine covers the [paywalled] Arkansas Democrat-Gazette's speculation that Emfinger has violated FAA rules which prohibit commercial use of small drones. The laws, designed years ago to restrict hobbyists use of model airplanes, may conflict with USA First Amendment free press use. So far, nothing in the article says that the FAA is enforcing the rule on the media outlets that may pay Emfinger for his video coverage, but interest in the footage will probably create a business economy for future commercial drone use if the FAA does not act."
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+ - Is facial recognition at retailers being used to target banner ads online?-> 1

Submitted by retroworks
retroworks (652802) writes "Yesterday I had to go to a retail store (Staples) for something unrelated to laser printers. While I was in the store, I decided to check out the laser printers, see what's new, though I don't really need one.

Now my Sunday morning news search is filled with laser printer ads for HP. I have not been searching online. Looking for updates on whether stores are selling my aisle browsing habits to online advertisers, I found this NYT article by Natasha Singer to be quite informative, with interesting links to varying leads from Snowden testimony to Silicon Valley startups to National Telecom and Information Agency web pages."

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+ - WSJ: Prepare to hang up the phone - forever-> 1

Submitted by retroworks
retroworks (652802) writes "Telecom giants AT&T and Verizon Communications are lobbying states, one by one, to hang up the plain, old telephone system, what the industry now calls POTS--the copper-wired landline phone system whose reliability and reach made the U.S. a communications powerhouse for more than 100 years. Is landline obsolete, and should be immune from grandparents era social protection?"
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