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Businesses

GoDaddy Files For $100 Million IPO 110

Posted by Unknown Lamer
from the if-at-first-you-don't-succeed dept.
mpicpp (3454017) writes with news that GoDaddy has filed to make an initial public offering "This is the second time GoDaddy has tried to go public. It went this route back in 2006, but then backed out when it didn't get the pricing it wanted." The SEC Filing indicates that they are not in the greatest financial condition. Quoting CNN: "GoDaddy hasn't made a profit since 2009. The company lost $279 million in 2012. It bled another $200 million last year. This year doesn't look much better, with another $51 million lost in the first quarter." Founder Bob Parsons, currently executive chairman, will be stepping down but remaining on the board of directors.
Networking

UPS Denies Helping the NSA 'Interdict' Packages 207

Posted by Soulskill
from the what-can-brown-do-for-you dept.
An anonymous reader writes "When Glenn Greenwald's book came out recently, one of the most startling revelations was that the NSA has been intercepting shipments of networking gear to add spyware. Cisco was one of the vendors whose gear was altered, and now their shipping provider has spoken up about it: 'UPS, which Cisco has used since 1997 to ship hardware to customers around the world, said on Thursday that it did not voluntarily allow government officials to inspect its packages unless it is required to do so by law. "UPS' long-standing policy is to require a legal court-ordered process, such as a subpoena, before responding to any third-party requests," UPS spokeswoman Kara Ross wrote in an e-mail to TheBlot Magazine. "UPS is not aware of any court orders from the NSA seeking to inspect technology-related shipments." In a follow-up e-mail, Ross said UPS had no knowledge of similar orders from the FBI, CIA or any other federal agency.' That sounds like carefully parsed language to me. 'Did not voluntarily,' 'unless it is required to do so by law.' Perhaps they're bound by a National Security Letter?"
Patents

Study: Royalty Charges Almost On Par With Component Costs For Smartphones 131

Posted by samzenpus
from the cost-of-things dept.
Bismillah (993337) writes "An interesting study by WilmerHale lawyers and Intel's assistant general counsel Ann Armstrong looked into how much royalty payments and demands actually amount to per device, and found the cost so high it threatens industry profitability and competitiveness. 'As the bank robber Willie Sutton is reported to have said, he robbed banks 'because that's where the money is' - so too of smartphones for patent holders,' the authors wrote."
Power

US Nuclear Plants Expanding Long-Term Waste Storage Facilities 187

Posted by Unknown Lamer
from the just-make-sure-not-to-use-organic-litter dept.
mdsolar (1045926) writes with news of nuclear plants across the U.S. dealing with the consequences of the failure of Yucca Mountain. From the article: "The steel and concrete containers used to store the waste on-site were envisioned as only a short-term solution when introduced in the 1980s. Now they are the subject of reviews by industry and government to determine how they might hold up — if needed — for decades or longer. With nowhere else to put its nuclear waste, the Millstone Power Station overlooking Long Island Sound is sealing it up in massive steel canisters on what used to be a parking lot. The storage pad, first built in 2005, was recently expanded to make room for seven times as many canisters filled with spent fuel. ... The government is pursuing a new plan for nuclear waste storage, hoping to break an impasse left by the collapse of a proposal for Nevada's Yucca Mountain. The Energy Department says it expects other states will compete for a repository ... But the plan faces hurdles including a need for new legislation that has stalled in Congress." There's always recycling or transmutation.
Australia

Dump World's Nuclear Waste In Australia, Says Ex-PM Hawke 213

Posted by Soulskill
from the just-wants-mutant-kangaroos dept.
mdsolar writes: "[Former Australian Prime Minister Bob Hawke said] Australia bore a responsibility to assist with the safe disposal of radioactive waste, given the ample space the country possesses. 'If Australia has – as we do – the safest remote locations for storing the world's nuclear waste, we have a responsibility to make those sites available for this purpose,' he said. Hawke based this conclusion on a 25-year-old report made by Ralph Slayter, whom the former prime minister appointed as Australia's first chief scientist back in 1989. According to Slayter's report, some of the remote reaches of the Northern Territory and Western Australia could provide apt dumping grounds for radioactive waste."
AT&T

AT&T Hacker 'weev' Demands One Bitcoin For Each Hour He Spent In Jail 449

Posted by Unknown Lamer
from the re-arrested-on-terror-charges-in-3-2-... dept.
Daniel_Stuckey (2647775) writes "The notorious troll and hacker known as Andrew 'weev' Auernheimer spent 13 months in jail for exposing an AT&T security flaw. He was recently released when a federal court overturned the conviction on grounds of improper venue. Now, Auernheimer has penned an open letter to the Department of Justice in which he demands reparations for acts of 'fraud' and 'violence' carried out against him over the past three years. Those reparations must be paid in Bitcoin, he says — 28,296, to be exact. At current market value, that comes out to $13.7 million. The bombastic letter is titled 'Open letter to federal scum,' and was allegedly bcc'd to 'a few hundred journalists.' In it, 28-year-old Auernheimer writes that he calculated the sum owed to him based on his market value:" A gem: "Know that all this wealth will be directed towards a good and charitable cause. I am building a series of memorial groves for the greatest patriots of our generation: Timothy McVeigh, Andrew Stack, and Marvin Heemeyer. You see, In the 'Special Housing Unit,' which is Bureau of Prisons codespeak for 'solitary confinement' and 'torture,' I had enough time to think about the current state of federal government. "
The Internet

Major ISPs Threaten To Throttle Innovation and Slow Network Upgrades 286

Posted by Soulskill
from the doubling-down-on-being-jerks dept.
An anonymous reader writes "In a letter released on Tuesday and addressed to the FCC chairman, a group of the U.S.'s top ISPs have warned that if the FCC re-classifies the internet as telecommunications, then innovation would slow or halt and network upgrades would be unaffordable. 'Under Title II, new service offerings, options, and features would be delayed or altogether foregone. Consumers would face less choice, and a less adaptive and responsive Internet. An era of differentiation, innovation, and experimentation would be replaced with a series of 'Government may I?' requests from American entrepreneurs.' They add, 'even the potential threat of Title II had an investment-chilling effect by erasing approximately 10% of some ISPs' market cap.' Ars Technica highlights earlier doomsday predictions by AT&T. The FCC is scheduled to vote May 15 on the chairman's recent proposal encompassing this reclassification option that the ISPs vehemently oppose." Reader Bob9113 adds that a protest is planned for the same day by those who oppose the FCC's plans.
Bitcoin

New Cologne Answers the Question: "What Does a Bitcoin Smell Like?" 61

Posted by samzenpus
from the because-we-can dept.
samzenpus (5) writes "You may not be Satoshi Nakamoto, but thanks to Virginia-based eco-products company Eruditium, you can now smell like him, her, or them. The company claims Bitcologne is "made for peer-to-peer interaction" adding, "It's an aromatic blend of spicy, floral, oak and citrus notes your 'partner' may find it hard to resist initiating a more private transaction.'" A bottle costs about $26 or 0.0608 Bitcoin."
Facebook

New Facebook Phone App Lets You Stalk Your Friends 61

Posted by samzenpus
from the I-won't-be-ignored dept.
Hugh Pickens DOT Com (2995471) writes "Iain Thomson reports that Facebook is adding a new application called 'Nearby Friends' that alerts smartphone users when their friends are nearby. 'If you turn on Nearby Friends, you'll occasionally be notified when friends are nearby, so you can get in touch with them and meet up,' says Facebook in a statement. 'For example, when you're headed to the movies, Nearby Friends will let you know if friends are nearby so you can see the movie together or meet up afterward.' The feature, which is opt-in, allows users to select which friends get a warning that you are in the area, and prepare a subset of people who might like to know when you're near, if they have the Nearby Friends activated as well. According to Josh Constine what makes 'Nearby Friends' different than competitors and could give it an advantage is that it's centered around broadcasting proximity, not location. 'If someone's close, you'll know, and can ping them about their precise location and meeting up. Broadcasting location is creepy so we're less likely to share it, and can cause awkward drop-ins where someone tries to come see you when you didn't want them to.'"
Power

Vermont Nuclear Plant Seeks Decommission But Lacks Funds 179

Posted by Unknown Lamer
from the just-keep-it-running? dept.
mdsolar (1045926) writes with this bit of news about the Vermont Yankee Nuclear Plant shutdown. From the article: "On Friday, the Vermont Public Service Board voted to authorize Entergy Nuclear Operations, Inc., the operators of the Vermont Yankee electricity generating station ..., to close down their nuclear power plant by the end of this year. Because Entergy planned to shut the Vermont nuclear plant down prior to its licensed end-term, the board was required to approve the shutdown....

Entergy has reserved just over $600 million to date for decommissioning the Vermont nuclear plant, according to the Department of Public Service. This amount will not be adequate to meet the costs of full deconstruction, estimated at more than $1 billion according to the company's 2012 Decommissioning Cost Analysis report."
Google

Google Tries To Defuse Glass "Myths" 363

Posted by timothy
from the not-all-opinions-are-myths dept.
As reported by Beta News, Google has tried to answer some of the criticism that its Glass head-mounted system has inspired with a blog post outlining and explaining what it calls 10 "myths" about the system. Google's explanation probably won't change many minds, but in just a few years the need to defend head-worn input/output devices might seem quaint and backwards.
Space

Planet Mercury Has Shrunk More Than Thought 58

Posted by samzenpus
from the getting-small dept.
sciencehabit writes "Measuring just 4880 kilometers across, Mercury is a small world. The planet became slightly smaller as its interior cooled, which caused Mercury to shrink, buckling its surface and creating numerous cliffs and ridges. Now, after studying 5934 of these features, researchers report online today in Nature Geoscience that Mercury's contraction was much greater than previously thought: During the past 4 billion years, the planet's diameter decreased by 7 to 14 kilometers. The greater estimate of shrinkage accords with models that predict how much a rocky planet should contract as its interior cools; the new work may also lend insight into the evolution of extrasolar planets that, like Mercury and unlike Earth, lack any moving continents."
Medicine

Measles Outbreak In NYC 747

Posted by Soulskill
from the please-vaccinate-your-brood dept.
sandbagger writes "New York City may have to deal with a measles problem. New Yorkers are being urged to make sure all household members, including young children, are vaccinated. To date, there have been 16 confirmed cases and four hospitalizations. This follows news from the CDC in December that 2013 saw triple the average number of yearly measles cases. 2014 is off to an even worse start; there have been cases recently in the Boston metropolitan area and more than a dozen in the Bay Area as well. Vaccinations seem to be a victim of their own success — people look around and see no polio or measles and wonder why they should bother. Others repeat bogus claim about vaccines causing autism. How do you think we can get through to the anti-vaxxers?"
Government

NRC Expects Applications To Operate Reactors Beyond 60 Years 135

Posted by Unknown Lamer
from the maybe-we-should-build-new-ones dept.
mdsolar writes with news that the aging reactor fleet in the U.S. will likely see units hitting 80 or more years of use before being decommissioned. From the article: "Officials of the US Nuclear Regulatory Commission and the nuclear power industry expect the first application to be filed with the agency in 2018 or 2019 for a license renewal to operate a power reactor or reactors beyond 60 years. At a Nuclear Energy Institute forum in Washington Tuesday, neither NRC nor industry officials named specific plants considered likely to apply, and it was not clear from their remarks if any nuclear operator has yet volunteered to be the first to apply." Also see the staff report on preparing for the first applications. The proposed operating license changes would place no limit on the number of 20 year extensions, so perhaps a few reactors will end up in operation for a full century (if there's anyone left who can remember how to operate them then).
Science

Dogs' Brains Have Human-like "Voice Area" 139

Posted by samzenpus
from the listen-up-lassie dept.
sciencehabit writes "When you hear a friend's voice, you immediately picture her, even if you can't see her. And from the tone of her speech, you quickly gauge if she's happy or sad. You can do all of this because your human brain has a 'voice area.' Now, scientists using brain scanners and a crew of eager dogs have discovered that dog brains, too, have dedicated voice areas. The finding helps explain how canines can be so attuned to their owners' feelings."

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