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Businesses

Algorithmic Pricing On Amazon 'Could Spark Flash Crash' 274

Posted by timothy from the these-tulips-on-special dept.
DerekduPreez writes "Sellers on Amazon's retail site are increasingly using high-speed algorithmic trading tools to automatically set prices, which could lead to a malfunction similar to the 2010 flash crash. According to the Financial Times, prices on Amazon's website change as often as every 15 minutes, where sellers are using tools traditionally developed by data miners at banks to ensure that their prices are always below their rivals'. Third-party software is allowing sellers to detect a competitor's price and automatically undercut that price by, for example, £1. However, this could lead to a situation similar to the U.S. flash crash, where algorithmic trading was blamed for stock prices falling to near zero and then bouncing back within 20 minutes." At Slashdot's sister site for Business Intelligence, Nick Kolakowski has some more information on this possibility.
Biotech

Cloned Horses Ok To Compete In Olympics 87

Posted by timothy from the horse-is-a-horse-of-course-of-course-of-course dept.
wisebabo writes with the news of a forward-thinking decision handed down by the Federation Equestre Internationale (reversing an earlier ban, so it's been on their minds) to not prohibit cloned horses from competing in the events it sanctions, including the Olympics. "Of course they'll still be restricted to the equestrian events (ha ha). One wonders if they'll be allowed to do the same in say, horse or dog racing. It'll then just come down to the ability of the jockeys I guess (or training). I wonder why they don't make all Olympic athletes use the same exact 'equipment' as their competitors. That would get rid of situations like with those super efficient swimsuits that were banned. Of course they really should return to the spirit of the original Games and compete naked. That would really improve ratings! (But it would make the winter games rather hazardous.) When do you think cloning athletes will become legal?" (Note to those who wish to enter more than one event: ultra-slippery swimsuits are back).
GUI

Ubuntu Still Aims For Wayland in Quantal Quetzal 230

Posted by timothy from the hard-to-please-everyone dept.
jones_supa writes "While there's still more than one month until the Ubuntu 12.10 feature freeze, Ubuntu developers continue to work towards their tight schedule of having Wayland serve as the compositor for the Quantal Quetzal release due out in October. Canonical's intends to provide smooth transitions from boot to shutdown. Wayland is also used for session switching and other operations, avoiding traditional VT switching, providing a consistent monitor layout, using the greeter as the lock screen, ensuring that locked sessions are actually secure from displaying, and showing the greeter while the session loads. Phoronix remains skeptical about Ubuntu making the deadline."
Security

Paul Vixie On DNS Changer: We're Dealing With Malware the Wrong Way 163

Posted by timothy from the should-be-using-branding-irons dept.
AlistairCharlton writes with this snippet: "Victims of the DNS Changer malware think they have better things to do than check their internet security, and as a digital society we're dealing with malware in completely the wrong way. These are the thoughts of Paul Vixie who worked with the FBI in intercepting servers used by a gang of Estonian hackers who made millions of dollars from redirecting internet users away from the websites they requested, directing them to advertisements instead." The linked article also offers an interesting description of how the FBI's quiet takeover of a botnet came to be.
Businesses

Microsoft Buys Multi-Touch Pioneer Perceptive Pixel 85

Posted by timothy from the it-sounds-very-sensitive dept.
theodp writes "Back in 2006, a post on Jeff Han's multi-touch screen technology — a real TED crowd-pleaser — gave Slashdot readers a taste of the iPhone and iPad future. Han spun off his NYU Research into a company called Perceptive Pixel which, among other things, gave the world CNN's Amazing Magic Wall. On Monday, Steve Ballmer announced that Microsoft is acquiring Perceptive Pixel, which not only means you'll be able to run Windows 8 on an 82-inch touchscreen, but that the Apple v,. Motorola Mobility lawsuit is about to get more interesting!"
Science

Weak Solar Convection 100 Times Slower Than Predicted 95

Posted by Unknown Lamer from the magnetic-field-a-lie dept.
An anonymous reader writes about an observation that convection in the outer layer of the Sun seems not to behave how it ought to: "These new findings based on SDO imagery, if verified, would upend our understanding of how heat is transported outwards by the Sun and challenges existing explanations of the formation of sunspots, the magnetic field generation of the sun, not to mention the concept of convective mixing of light and heavy elements in the solar atmosphere. 'However, our results (PDF) suggest that convective motions in the Sun are nearly 100 times smaller than these current theoretical expectations,' continued Hanasoge, also a postdoctoral fellow at the Max Plank Institute in Katlenburg-Lindau, Germany. 'These motions are indeed that slow in the Sun, then the most widely accepted theory concerning the generation of solar magnetic field is broken, leaving us with no compelling theory to explain its generation of magnetic fields and the need to overhaul our understanding of the physics of the Sun's interior.'"
Canada

Bye ACTA, Hello CETA 225

Posted by Unknown Lamer from the hide-it-in-subsection-c-part-seventeen dept.
New submitter xSander writes "Is anyone really surprised by this? ACTA may have been rejected by the European Parliment, but it is far from dead yet. Apparently, the EU is trying to revive ACTA through the Canada-EU Trade Agreement (CETA)." The article contains a handy side-by-side comparison of the CETA clauses that are nearly identical to ones found in ACTA.
The Almighty Buck

Hans Reiser Sued By Own Kids For $15 Million 265

Posted by Unknown Lamer from the serious-news-for-serious-people dept.
New submitter haruchai writes "The Reiser kids, now aged 12 and 11, have had a lawsuit filed against the former Linux developer, inventor of ReiserFS and convicted murderer of the mother of his children, to the tune of $15 million. It's believed he may have hidden assets and a judgment is sought so a search for these can be conducted." A judge denied requests that the kids testify or return to the U.S. for their own well-being.
Censorship

Russian Wikipedia Shutters In Protest of Internet Blacklist Plans 84

Posted by Unknown Lamer from the sarah-palin-to-liberate-russian-people dept.
decora writes "If you visit Russian Wikipedia today you will be forgiven for thinking the entire site has crashed. It is not a crash, but a protest of the Russian State Duma's Bill 89417-6 According to Ria Novosti, the bill is 'proposing a unified digital blacklist of all websites containing pornography, drug ads and promoting suicide or extremist ideas.' Russian Wikipedia's main page has been replaced with a redacted logo and a protest text, part of which says 'The Wikipedia community protests against censorship, dangerous to free knowledge, open to all mankind. We ask you to support us in opposing this bill.' (translation by Google Translate)"
Android

Google Releases Android 4.1 Source Code 211

Posted by Unknown Lamer from the getting-better-each-time dept.

Unlike previous releases, where months passed between Google announcing a new version and the code being released, Google has made good on their promise to release the source code to Jelly Bean in record time. Unfortunately, the gitweb instance on kernel.org is still down so you'll have to download the entire thing to take a peek. Hopefully the Cyanogenmod team will find time to start on a community enhanced version soon.
Security

Criminals Distribute Infected USB Sticks In Parking Lot 298

Posted by Unknown Lamer from the our-dear-friend-social-engineering dept.
New submitter sabri writes "The Dutch news-site Elsevier is reporting that cybercriminals attempted to steal data from a multinational chemicals company by 'losing' spyware-infected USB sticks on the company's parking lot. Their attempt failed as one of the employees who found the stick dropped it off at the company's IT department, who then found the spyware and issued a warning. So next time, don't expect to find someone's dirty pictures on a USB stick you just found..."
Science

"Magnetic Cells" Isolated For First Time 72

Posted by Unknown Lamer from the designer-babies-with-builtin-compasses dept.
sciencehabit writes "For the first time, researchers have isolated magnetic cells in an animal. The cells--found in this case in rainbow trout--may help the fish respond to Earth's magnetic fields, allowing it to find its way home after spending 3 years at sea and traveling up to 300 kilometers away. The advance may help researchers get to the root of magnetic sensing in a variety of creatures, including birds."
Space

Space Worms Live Long and Prosper 78

Posted by samzenpus from the tell-him-about-the-worms dept.
astroengine writes "A microscopic worm used in experiments on the space station not only seems to enjoy living in a microgravity environment, it also appears to get a lifespan boost. This intriguing discovery was made by University of Nottingham scientists who have flown experiments carrying thousands of tiny Caenorhabditis elegans (C. elegans) to low-Earth orbit over the years. It turns out that this little worm has genes that resemble human genes and of particular interest are the ones that govern muscle aging. Seven C. elegans genes usually associated with muscle aging were suppressed when the worms were exposed to a microgravity environment. Also, it appears spaceflight suppresses the accumulation of toxic proteins that normally gets stored inside aging muscle. Could this have implications for understanding how human physiology adapts to space?"
Businesses

General Motors To Slash Outsourcing In IT Overhaul 232

Posted by samzenpus from the bringing-it-home dept.
gManZboy writes "GM's new CIO Randy Mott plans to bring nearly all IT work in-house as one piece of a sweeping IT overhaul. It's a high-risk strategy that's similar to what Mott drove at Hewlett-Packard. Today, about 90% of GM's IT services, from running data centers to writing applications, are provided by outsourcing companies such as HP/EDS, IBM, Capgemini, and Wipro, and only 10% are done by GM employees. Mott plans to flip those percentages in about three years--to 90% GM staff, 10% outsourcers. This will require a hiring binge. Mott's larger IT transformation plan doesn't emphasize budget cuts but centers on delivering more value from IT, much faster--at a time when the world's No. 2 automaker (Toyota is now No. 1) is still climbing out of bankruptcy protection and a $50 billion government bailout."

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