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Submission + - Elsevier to offer DRM-free ebook bundling through BitLit->

peterhudson writes: Elsevier has partnered with BitLit to offer readers highly discounted DRM-free "bundled" eBook editions on for 5000 of their titles. Elsevier which has courted controversy over the years in its journal business, may be adopting a more progressive stance on both DRM and consumer demand for format shifting physical media to digital.

Unlike the Kindle Matchbook bundling program which relies on amazon.com billing records (and doesn't have any large scientific or technical publishers participating), the Elsevier-BitLit bundling program doesn't require receipts or point-of-sale records to prove ownership of the print copy. To claim the bundled eBook, a reader writes her name in ink on the copyright page and snaps a photo using the BitLit app. BitLit is free for iOS and Android and offers free or highly discounted bundled eBooks form over 200 publishers including other tech publishers: Packt and O'Reilly.

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Comment Valid technology for "non-critical" firearms (Score 1) 765

I understand the debate related to the possible "failures" in critical situations... but aren't there other scenarios where this technology could be useful where it wouldn't really matter if there was a failure. Hunting? Target shooting? In those cases it seems that a system failure would be merely an inconvenience, not a matter of life and death.
EU

International Organization To Assess Earth Defense From Space Dangers 93

arisvega writes in with a story about an international organization that is trying to come up with options to save the planet from a large asteroid or comet collision. "NEOShield is a new international project that will assess the threat posed by Near Earth Objects (NEO) and look at the best possible solutions for dealing with a big asteroid or comet on a collision (PDF) path with our planet. The effort is being led from the German space agency's (DLR) Institute of Planetary Research in Berlin, and had its kick-off meeting this week. It will draw on expertise from across Europe, Russia and the US. It's a major EU-funded initiative that will pull together all the latest science, initiate a fair few laboratory experiments and new modelling work, and then try to come to some definitive positions. Industrial partners, which include the German, British and French divisions of the big Astrium space company, will consider the engineering architecture required to deflect one of these bodies out of our path."

Comment Re:Company owning itself (Score 4, Informative) 521

Yes, the shares are "extinguished." So all the remaining shareholders now own a larger percentage share of the company, because there are fewer shares in existence. I just sold a bunch of shares back to a company... it was somewhat handy because they gave preference to odd lots (had 84 shares) so it helps to "clean things up" a bit. Also, they paid above the market rate (which didn't quite jump to the buyback value because they did not buy an unlimited number).

The way to make a small fortune in the commodities market is to start with a large fortune.

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