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Comment: Nuclear plant generation cost. (Score 1) 409

If what happened here in Illinois is typical there won't be any Nuke plants running. None of the existing nuclear plants cleared the most recent auction to to supply the grid here with power. Below is an excerpt from an Excelon conference call explaining the situation to investment analyst. "On the PJM auction results, as you know, the auction cleared at $120 a megawatt day, it was higher than most anticipated due to primarily, the rule changes around lower imports, lower demand response, and participants bidding behavior. We think the results are encouraging for our plants that cleared, but there is an opportunity for further improvements in the market rules in the future, such as, firm fuel commitments, anti-speculation rules, and with the recent ruling, court ruling looking for clarity on the role of demand response, energy efficiency in the capacity markets. Our nuclear units: Oyster Creek, Quad Cities, and Byron, five in total did not clear the auction. For Quad Cities and Byron, these units are important for grid reliability, environmental and from an economic standpoint, are especially critical in helping Illinois meet its environmental goals in light of the recent EPA rules. To that extent, Illinois House passed a House Resolution 1146 in May recognizing the value of nuclear energy for its reliability and its carbon-free benefits and urged the expiration of our opportunities to avoid closing nuclear plants. We have agreed not to make any decisions about retiring these units until June of next year to allow for the Illinois legislature time to enact market-based reforms at the state level that this could be items such as joining Reggie or a clean energy standard. However, as we’ve said in the past, if we are unsuccessful and we do not see a path to sustain profitability for these units in question, we will be forced to retire them to avoid long-term losses. I do want to be clear, again, about one thing, we are not looking and do not want contracts for subsidies from Illinois, only contracts that recognize the environmental benefit in the reliability of the assets."

+ - Crytek USA Collapses, Sells Game IP To Other Developers->

Submitted by MojoKid
MojoKid (1002251) writes "Game developer Crytek's problems have been detailed recently from various source, and it's now clear that it wasn't just the company's UK studios that were affected. Crytek announced today that it has officially moved development of its F2P shooter "Hunt: Horrors of the Guilded Age" to a German developer, ignoring the fact that the majority of the US team had apparently already quit the company. The problem? Just as in the UK, the US employees weren't getting paid. In a separate announcement, Crytek also declared that development of the Homefront series had passed entirely to developer Deep Silver. The company has stated, "On completion of the proposed acquisition, the Homefront team from Crytek's Nottingham studio would transfer their talents to Koch Media in compliance with English law and continue their hard work on upcoming shooter, "Homefront: The Revolution". Both parties hope to finalize and implement a deal soon." It's hard to see this as good news for Crytek. The company can make all the noise it wants about moving from a development studio to a publisher model, but Crytek as a company was always known for two things — the CryEngine itself, adapted for a handful of titles and the Crysis series. Without those factors, what's left?"
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+ - Tor Sniffs Out Attacks Trying to De-Anonymize Users->

Submitted by msm1267
msm1267 (2804139) writes "For a little more than six months, attackers were on the Tor network trying to deanonymize users who operate or use Tor hidden services.

Tor issued a security advisory this morning warning users who operated or accessed hidden services between Jan. 30 and July 4 that they were likely affected. Tor officials are also recommending users to upgrade relays to the most recent Tor release, which closes off the vulnerability exploited by the attackers. Hidden service operators are also advised to change the location of their services."

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+ - Biggest "patent troll" slapped hard by appeals court->

Submitted by mpicpp
mpicpp (3454017) writes "Dozens of companies were sued over an old Polaroid digital imaging patent.

The most litigious "patent troll" in the US has lost a major case after the US Court of Appeals for the Federal Circuit found its patent was too abstract.

Court declines to stop software patents altogether.

The ruling from last week is one of the first to apply new Supreme Court guidance about when ideas are too "abstract" to be patented. In the recent Alice v. CLS Bank case, the high court made clear that adding what amounts to fancy computer language to patents on basic ideas shouldn't hold up in court.

The patents in this case describe a type of "device profile" that allows digital images to be accurately displayed on different devices. US Patent No. 6,128,415 was originally filed by Polaroid in 1996. After a series of transfers, in 2012 the patent was sold to Digitech Image Technologies, a branch of Acacia Research Corporation, the largest publicly traded patent assertion company. A study on "patent trolls" by RPX found that Acacia Research Corporation was the most litigious troll of 2013, having filed 239 patent lawsuits last year."

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+ - CEOs who make outragous pecentages of company revenues->

Submitted by bizwriter
bizwriter (1064470) writes "Top earning Charif Souki of Cheniere Energy had a compensation package last year of almost $142 million, even as company revenue was $267 million with a loss of $554 million. His pay package was more than half company revenue. It turns out that hundreds of companies devote 1 percent or more — sometimes a lot more — of their revenue to pay their CEOs, including heads of such tech companies as Zynga, Splunk, TripAdvisor, Progress Software, and zulily."
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+ - HackingTeam Mobile Malware, Infrastructure Uncovered->

Submitted by msm1267
msm1267 (2804139) writes "Controversial spyware commercially developed by Italy’s HackingTeam and sold to governments and law enforcement for the purpose of surveillance, has a global command and control infrastructure and for the first time, security experts have insight into how its mobile malware components work.

Collaborating teams of researchers from Kaspersky Lab and Citizen Lab at the Monk School of Global Affairs at the University of Toronto today reported on their findings during an event in London. The breadth of the command infrastructure supporting HackingTeam’s Remote Control System (RCS) is extensive, with 326 servers outed in more than 40 countries; the report also provides the first details on the inner workings of the RCS mobile components for Apple iOS and Android devices."

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+ - What businesses need to know about OS X Yosemite->

Submitted by Copy that 2
Copy that 2 (2700183) writes "The big news about the upcoming OS X Yosemite at Apple's Worldwide Developers Conferencefocused on two primary areas — the visual overhaul that makes Apple's desktop OS look and feel much more like iOS 7 (and iOS 8), and a new set of features called Apple Continuity that delivers tightly integrated user experiences when moving between iOS devices and Macs. Here's a rundown of some of the known Yosemite features and functionality that apply to enterprise environments."
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+ - UK Solar Farms to Welcome Visitors on Solar Independence Day->

Submitted by MatthewConnery
MatthewConnery (3662999) writes "A number of Solar farms in the UK will throw open their doors to members of the public on 4th July as part of Solar Independence Day, a nationwide event organized by the Solar Trade Association(STA). The STA has designed the event to show how solar farms can benefit local environments while reducing the UK’s dependence on fossil fuels."
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+ - US Court Rules Against Government for Using Seized Data Beyond Scope of Warrant

Submitted by Anonymous Coward
An anonymous reader writes "The U.S. Court of Appeals for the 2nd Circuit last week reversed a tax evasion conviction against an accountant because the government had used data from his computers that were seized under a warrant targeting different suspects. The Fourth Amendment, the court pointed out, 'prevents the seizure of one thing under a warrant describing another.' Law enforcement originally made copies of his hard drives and during off-site processing, separated his personal files from data related to the original warrant. However, 1.5 years later, the government sifted through his personal files and used what it found to build a case against him. The appeals court held that '[i]f the Government could seize and retain non-responsive electronic records indefinitely, so it could search them whenever it later developed probable cause, every warrant to search for particular electronic data would become, in essence, a general warrant', which the Fourth Amendment protects against. The EFF hopes that the outcome of this appeal will have implications for the NSA's dragnet surveillance practice."

+ - Emails Show Feds Asking Florida Cops to Deceive Judges-> 1

Submitted by Advocatus Diaboli
Advocatus Diaboli (1627651) writes "Police in Florida have, at the request of the U.S. Marshals Service, been deliberately deceiving judges and defendants about their use of a controversial surveillance tool to track suspects, according to newly obtained emails. At the request of the Marshals Service, the officers using so-called stingrays have been routinely telling judges, in applications for warrants, that they obtained knowledge of a suspect’s location from a “confidential source” rather than disclosing that the information was gleaned using a stingray."
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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. 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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+ - Congress's Scientific Illiterates Are Resigning the World to Ruin-> 1

Submitted by Lasrick
Lasrick (2629253) writes "Brian Merchant at Motherboard examines the March 26th at the House Committee on Science, Space, and Technology's 2015 budget request hearing...the one White House adviser Dr. John Holdren addressed to defend funding for science programs. Video clips prove the comments that are difficult to believe, when you read them. It's pretty appalling, and it isn't any better in the US Senate, as Merchant points out."
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+ - Saturn's Moon Enceladus Has Underground Ocean->

Submitted by astroengine
astroengine (1577233) writes "Gravity measurements made with the Saturn-orbiting Cassini spacecraft indicate the small moon Enceladus has an ocean sandwiched between its rocky core and icy shell, a finding that raises the prospects of a niche for life beyond Earth. The Cassini data shows the body of water, which is in the moon’s southern hemisphere, must be as large or larger than Lake Superior and sitting on top of the moon’s rocky core at a depth of about 31 miles. "The ocean may extend halfway or more toward the equator in every direction," said planetary scientist David Stevenson, with the California Institute of Technology in Pasadena."
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+ - ZunZuneo: USAID funded "Cuban Twitter" to undermine Communist regime->

Submitted by barlevg
barlevg (2111272) writes "In a country where the government severely limits access to the world wide web, ZunZeneo, an anonymous SMS-based social network, drew more than 40,000 Cuban users at its peak, the Associated Press reports. On it, people shared news and opinions about music and culture. But what none of its subscribers knew was that the project was secretly funded by the United States Agency for International Development (USAID), though a series of shell corporations and foreign bank accounts, and that its stated goal was “renegotiate the balance of power between the state and society” in the Communist stronghold, hopefully leading to a "Cuban Spring.""
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"Whoever undertakes to set himself up as a judge of Truth and Knowledge is shipwrecked by the laughter of the gods." -- Albert Einstein