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+ - Mt. Gox files for liquidation

Submitted by Anonymous Coward
An anonymous reader writes "The Japanese edition of The Wall Streeet Journal reports that Mt. Gox has filed for liquidation under Japanese bankruptcy law (link to article in Japanese). The article cites a "related party" as saying that Mt. Gox was unable to work out how to deal with creditors spread out all over the globe, nor design a realistic rebuilding plan. The article adds a comment from the company lawyer: Mark Karpeles will not be attending the bankruptcy court hearing in the United States scheduled for April 17th."

Comment: Re:Good luck reading that data in 3 years time (Score 1) 153

by shimpei (#46117795) Attached to: Facebook Puts 10,000 Blu-ray Discs In Low-Power Storage System

The failure rate on dye-based writeable optical disk based storage is horrific. There is reason to think that foil based CDs, DVDs and Bluray disks- the ones you buy with films and music pre-recorded, could last an extraordinary age if well manufactured and carefully stored, but the write-once disks are a very different technology indeed.

The organic dye used on CD-R and DVD-R has a durability problem because it is susceptible to light. BD-R uses inorganic dye, which is not susceptible to light. Completely different ballgame.

And then again, light is pretty much a non-issue in data centers because the discs will be operating inside sealed servers anyway.

Comment: Hard part still remains (Score 5, Insightful) 162

by shimpei (#38286426) Attached to: Gas Powered Fuel Cell Could Help EV Range Anxiety

Temperature is actually more important than the energy density in this case. At 650C never mind 900C, you'll still have a lot of trouble with heat--material have an unfortunate tendency to expand and warp (or, worse, snap) at that kind of temperature. Thus, you may be able to turn your car on and off only dozens of times before the SOFC breaks down. This is the real reason why SOFC has never been seriously considered for cars--SOFC has always been relatively compact for the amount of energy they produce (except for the apparatus you'd need to get rid of the huge amounts of heat).

Now, 650C is easy, at least if you are using natural gas as feedstock. (Gasoline may be somewhat more difficult, but not impossible.) Other solid oxide fuel cells that are trying to enter the market operate at or near that temperature range. 350C, though--wow. That will be remarkable, and may indeed be able to brings in an era of fuel cell vehicles, but it'll involve whole new set of chemistry, and I won't believe it until I see it.

Comment: Re:Why the big long trains? (Score 1) 387

by shimpei (#36460196) Attached to: China Begins To Extend High Speed Rail Across Asia

Highly-utilitized systems like the shinkansen are already often running near track capacity, and shorter trains couldn't be run any more frequently in many cases.

The Tokyo-Osaka Shinkansen route is so crowded now that they only allow 16-car trainsets on the tracks. I suspect the only reason they won't make the trainsets even longer is because they don't have the physical room to extend station platforms.

Comment: Re:Nothing to see here (Score 1) 664

by shimpei (#36113732) Attached to: Engineers Find Nuclear Meltdown At Fukushima Plant

Not to cool down the core but to prevent the spent fuel rods from starting up again.

No, the spent rods won't start up again, in the sense of reaching criticality. There's a reason why they're called "spent rods." They do melt down without cooling, however, and that was a big concern because, as you point out, they weren't covered by anything but water.

NASA

Ares Manager Steve Cook Resigns From NASA 153

Posted by timothy
from the but-it's-a-revolving-door-in-space dept.
FleaPlus writes "Steve Cook, project manager for the Ares I-X, Ares I, and Ares V rockets, announced that he will resign from NASA MSFC after 19 years at the agency, leaving for an executive position at Dynetics, Inc. This raises doubts about the future of the Ares program, which has been plagued with development problems and massive cost/schedule overruns since its inception. Steve Cook also oversaw the (since discredited) 2005 ESAS study which scrapped NASA's prior plans to adapt already-existing commercial rockets for human/beyond-LEO exploration in favor of internally developing the Ares rockets."
Cellphones

Verizon Tells Cops "Your Money Or Your Life" 593

Posted by Soulskill
from the pay-it-forward dept.
Mike writes "A 62-year-old man had a mental breakdown and ran off after grabbing several bottles of pills from his house. The cops asked Verizon to help trace the man using his cellphone, but Verizon refused, saying that they couldn't turn on his phone because he had an unpaid bill for $20. After an 11-hour search (during which time the sheriff's department was trying to figure out how to pay the bill), the man was found, unconscious. 'I was more concerned for the person's life,' Sheriff Dale Williams said. 'It would have been nice if Verizon would have turned on his phone for five or 10 minutes, just long enough to try and find the guy. But they would only turn it on if we agreed to pay $20 of the unpaid bill.' Score another win for the Verizon Customer Service team."

Comment: Re:In a word... (Score 1) 1385

by shimpei (#27622463) Attached to: Obama Proposes High-Speed Rail System For the US

Coming from Japan, the most frustrating aspect of Acela is that it routinely runs late, due to having to share tracks with those damned freighter trains. The Shinkansen's average delay is measured in seconds; the Japanese routinely plan trips with 5 minute transit time because they can trust the trains to arrive on time.

The main reason Shinkansen trains are fast and on time is because the main routes run on dedicated tracks. On the Yamagata and Akita lines, they do share tracks with local passenger trains, but Shinkansen gets preferred right-of-way.

This, incidentally, is why splitting track and train ownership is a bad idea for high speed rail. Neither side can take full ownership in assuring the most convenience to the end users, which is what generates revenue at the end of the day.

The Internet

ICANN Takes a Step Toward Ending Domain Tasting 155

Posted by kdawson
from the what-we-don't-need-when-we-don't-need-it dept.
An anonymous reader writes "For years, domain squatters have exploited an ICANN loophole: whenever a domain name is registered, ICANN collects a 20-cent fee from the registrar. To allow for non-paying customers, the registrar can return it five days later for a full refund. The loophole has let unscrupulous registrars constantly create and refund domain-squatting websites, selling 'what you need when you need it' advertising. The problem has grown so bad that every month the world's top three domain squatters, all located in Miami with the same address and represented by the same lawyer, recycle 11 million domain names. After years of complaints, ICANN has finally begun moving on the problem. On April 17 ICANN's Generic Names Supporting Organization voted to make the ICANN 20-cent fee non-refundable. If the ICANN board ratifies this position in June, those top three squatters will be getting a monthly bill for $2.2M. News of the ICANN changes has been applauded by legitimate Internet businesses, tired of having to choose nonsense names because all the good ones have been squatted. ICANN has published an analysis of the economics of ending domain squatting."

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