Sarbanes-Oxley Costs Exceed Benefits 371

coondoggie writes "Two years of compliance with the Sarbanes-Oxley Act (SOX) have shored up corporate accounting practices - but with lopsided costs compared to benefits gained. Bill Gradison, acting chairman of the Public Company Accounting Oversight Board (PCAOB), said that guidance the SEC issued last year and PCAOB's latest auditing standard may not be enough to clarify the rules that govern the reporting and auditing of internal controls. 'Based on the information we already have, it would seem that some further changes may be in order,' Gradison said."
Education

Leveraging Development Skills in Other Fields? 57

It Can't Be All Bad asks: "I've been working as a programmer for a few years now, and I really love the work. I'm trying to think ahead of possible ways to leverage my skills into more specific areas where programmers are welcome and can find work. Areas like bio and chemical informatics appear very interesting ,but for the most part they seem to be for chem/bio majors with masters degrees. My biggest problem is that I'm self taught with only about a years worth of college experience. At this point in my life (with a family, kids, and bills), going back to school just isn't an option anymore. I wanted to know if anyone has had any success utilizing their development skills in specific fields that don't require masters degrees, and what areas I could be overlooking. Like most people here, I just want to be a part of exciting projects with some sort of purpose behind them."

Critical Flaw Found in VNC 4.1 175

jblobz writes "IntelliAdmin has discovered a critical flaw that allows an attacker to control any machine running VNC 4.1. The flaw grants access without the attacker obtaining a password. The details of the vulnerability have not been released, but their website has a proof of concept that allows you to test your own VNC installation for the vulnerability"

Light so Fast it Travels Backward 415

An anonymous reader writes "Slowing down light used to be considered a neat trick for physics wonks. But researchers in New York now say they've pushed light into reverse. And as if to defy common sense, the backward-moving light travels faster than light." While there's not much use to come of it yet, it will be interesting if Einstein himself is proved wrong.

Explaining Complexity in Software Development? 202

BMazurek asks: "I'm stumped by how to explain software development complexity (not theoretical big-O notation, that's easy) to non-developers. When it comes to people who aren't in the code, my explanations fall flat. It's not that the people I'm talking to are stupid, they're quite honestly people at the top of their respective (non-tech) fields. How do -you- explain software development complexity to non-developers? What analogies do you use?"

Email Bomber Faces Retrial 106

An anonymous reader writes "A UK teenager who was cleared last year of launching a denial-of-service attack now faces a retrial. Judges have ruled that crashing a server with five million emails probably isn't permitted under the law. With NASA hacker Gary McKinnon vowing to fight on after losing his extradition fight yesterday, it's been a busy few days for the UK courts."

Core 2 Extreme 40% faster than Pentium EE 965? 282

Marc writes "As far as I know, this is the first time that Intel has talked about what we can expect from its new gaming CPU, Core 2 Extreme. For once, there is no word on power consumption on this new chip, but Intel talks about raw speed and a 40% gain over the current 3.73 GHz Extreme Edition 965 - which would be rather impressive and could indicate a problem for AMD. In this interview with TG Daily, Intel also claims that a Core 2 Extreme-based enthusiast PC will leave the pixel power of a Playstation 3 in the dust. Gamers, this appears to become the most exciting year for you in a long time!"

An Ajax Reality Worth Worrying About 79

An anonymous reader writes "This article discusses the hype that currently surrounds Ajax and it's shortcomings. Reliable Ajax frameworks are still under construction, and you should worry about navigation history, bookmarkability, feedback, persistence, concurrency, and security. This article will help you avoid the major problems inherent in Ajax development."

Electric Companies Get Involved With Broadband 221

Billosaur writes "The Marketplace Morning Report on NPR has an interesting piece on how electric companies are getting into the high-speed Internet business with 'Broadband over Power Lines', or BPL." From the article: "By purchasing the right equipment power companies can quickly offer Internet service to millions of new customers. There are several pilot projects being launched in the US, including one in the Pittsburgh suburb of Monroeville. That service is being offered by Duquesne Broadband -- a spinout of the local power company.'"

Self-Censoring 'Chinese Wikipedia' Launched 429

Billosaur writes "New Scientist is reporting that Baidu, China's largest search engine, is launching its own version of Wikipedia. The site, Baidupedia, differs from the more well-known Wikipedia in that it is self-censoring." From the article: "Unlike Wikipedia, which allows anyone to create and modify entries, Baidupedia is censored by the company to avoid offending the Chinese government. Entries to the encyclopaedia must first pass a filtering system before being added to the site. Baidupedia bars users from including any 'malicious evaluation of the current national system', any 'attack on government institutions', and prevents the 'promotion of a dispirited or negative view of life'."

Tech Workers of the World Unite? 1254

okidokedork writes "Wired News reports on the lack of unions in the IT workplace. If you could join a union in your workplace, would you?" From the article: "The rich get richer, the shareholder is valued more than the employee, jobs are eliminated in the name of bottom-line efficiency (remember when they called firing people 'right-sizing'?) and the gulf between the rich and the working class grows wider every year. You see this libertarian ethos everywhere, but nowhere more clearly than in the technology sector, where the number of union jobs can be counted on one hand. Tech is the Wild West as far as the job market goes and the robber barons on top of the pile aim to keep it that way. They'll offshore your job to save a few bucks or lay you off at the first sign of a slump, but they're the first to scream, 'You're stifling innovation!' at any attempt to control the industry or provide job security for the people who do the actual work."

Guitar Hero 2 Impressions Roundup 52

The folks at Red Octane (now owned by Activision), are in the process of making a sequel to the hit PS2 title Guitar Hero. From the IGN hands-on: "Today we checked out 'John the Fisherman' on bass and 'War Pigs' on guitar. Being that you have Les Claypool on bass for 'John the Fisherman', it's not going to be the easiest bass line in the game by a long shot. But on the other hand, there isn't any sort of bass solo in the song so once you get down the main two or three licks, then you've got the song nailed. But it's seriously awesome - Claypool's playing in that song is heavy and pounding so playing his part is rad."

D-Link Settles Danish Time Dispute 192

igb writes "The Register reports that DLink has settled the time server dispute described a little over a month ago here on Slashdot. They're going to stop using an NTP server they're not really authorized to chime with, and they've reached an amicable settlement over the use by existing products. The details of the settlement are, not unsurprisingly, somewhat vague, but let's hope that the good guys aren't out of pocket any more."

Dell Cheating on the Direct-Sales Model? 116

capt turnpike writes "Despite its CEO saying that the direct model is the company's 'religion', according to eWEEK.com, Dell seems to be moving away from direct sales and working with value-added resellers." From the article: "Still, 'they'll never admit it or make [the channel] a formal program,' said one analyst who asked not to be identified. 'If you look at Dell's stock versus HP's, part of the difference has to do with Dell's reputation for owning the customer. There's a sense they own the entire margin and have higher profits because they sell directly. It makes them appear more valuable to Wall Street.'"

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