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Submission + - Fed in Hot Water Over Secret Bailouts (csmonitor.com)

An anonymous reader writes: The Fed has finally came clean. It now admits it bailed out Bear Stearns — taking on tens of billions of dollars of the bank's bad loans — in order to smooth Bear Stearns' takeover by JPMorgan Chase. The secret Fed bailout came months before Congress authorized the government to spend up to $700 billion of taxpayer dollars bailing out the banks, even months before Lehman Brothers collapsed. The Fed also took on billions of dollars worth of AIG securities, also before the official government-sanctioned bailout.
Games

Submission + - Why the you should care about PS3 dropping Linux (tomshardware.com)

Crazzaper writes: So today Sony dished out the latest firmware for the PS3, which disables the ability to install your own OS. But the implications go far beyond cost-cutting--it attacks directly at the open source community. Sony was once an open-source evangelist, but with copy-protection pressure from publishers, it looks like there's more than meets the eye. Interesting piece on that by Alan Dang, at Tom's.
Open Source

Licensing an Abandonware Game? 148

WolverineOfLove writes "I'm recreating a 1980s abandonware game with copyrights that have been seemingly unused for the past 18 years. The situation is detailed further in a Slashdot journal entry I just wrote, but in short: Is it worth dealing with all the copyrights and paying money if I want to recreate an abandonware title as an open source game? I know there are legal implications to certain decisions I might make, but there is a real possibility that this game's copyright holder will do nothing with the rights, and I'd much prefer preserving it for others than letting it fade away."
Role Playing (Games)

Fallout: New Vegas Coming This Fall, Trailer Released 100

Bethesda announced today that Fallout: New Vegas is scheduled for release sometime this fall, and they released a trailer as well. Details are scant yet on the official site, but they had this to say: "Experience all the sights and sounds of fabulous New Vegas, brought to you by Vault-Tec, America's First Choice in Post Nuclear Simulation. Explore the treacherous wastes of the Great Southwest from the safety and comfort of your very own vault: Meet new people, confront terrifying creatures, and arm yourself with the latest high-tech weaponry as you make a name for yourself on a thrilling new journey across the Mojave wasteland. A word of warning, however — while Vault-Tec engineers have prepared for every contingency,* in Vegas, fortunes can change in an instant. Enjoy your stay. (* Should not be construed as a legally-binding claim.)"
Space

Space Photos Taken From Shed Stun Astronomers 149

krou writes "Amateur astronomer Peter Shah has stunned astronomers around the world with amazing photos of the universe taken from his garden shed. Shah spent £20,000 on the equipment, hooking up a telescope in his shed to his home computer, and the results are being compared to images taken by the Hubble Space Telescope. 'Most men like to putter about in their garden shed,' said Shah, 'but mine is a bit more high tech than most. I have fitted it with a sliding roof so I can sit in comfort and look at the heavens. I have a very modest set up, but it just goes to show that a window to the universe is there for all of us – even with the smallest budgets. I had to be patient and take the images over a period of several months because the skies in Britain are often clouded over and you need clear conditions.' His images include the Monkey's head nebula, M33 Pinwheel Galaxy, Andromeda Galaxy and the Flaming Star Nebula, and are being put together for a book."
Space

15-Year-Old Student Discovers New Pulsar 103

For the second time in as many years, a student has made a discovery while participating in the Pulsar Search Collaboratory (PSC), a joint program between the National Radio Astronomy Observatory and West Virginia University designed to get students and teachers involved in analyzing data from the Robert C. Byrd Green Bank Telescope (GBT). This time it was high school sophomore Shay Bloxton, who discovered a brand new pulsar. "For Bloxton, the pulsar discovery may be only her first in a scientific career. 'Participating in the PSC has definitely encouraged me to pursue my dream of being an astrophysicist,' she said, adding that she hopes to attend West Virginia University to study astrophysics. Late last year, another West Virginia student, from South Harrison High School, Lucas Bolyard, discovered a pulsar-like object called a rotating radio transient. His discovery also came through participation in the PSC."

Comment Little DRM rant here... a bit off-topic (Score 0, Redundant) 222

DRM is a tool to create artificial scarcity. Scarcity, virtual or real makes the scarce item more valuable, or so is thought. Only one (1) person needs to crack the 'scarcity' and the whole (economic) system comes tumbling down. Let DRM be implemented, and let it be cracked, it will lead to yet another market-crash. However, if the DRM can not or isn't cracked it will lead to the loss of the item, destroying the information locked by its DRM inside forever. An information black-out will be the result in our history.

Its a very strange thing that DRM is hailed upon by the biggest players in the 'free market'. All for profit and profit for all as they say. Money seems to be more valuable than anything else. This to me is a very freightning attitude. But reacting upon angst is even more freighting. We need to look at the root cause of the issue here, authors/creators feeling they're not duly compensated for their work. If we solve this issue there is no need for DRM.

A lot of research is being done in the field of new media and especially its distribution, but these reports don't seem to hit home (the publishers/law makers/etc).

Need an example on how stuff can change? Watch this lecture,1st part is a dull intro to bittorrent, after that it really gets interesting: pt1: http://www.youtube.com/watch?v=LxCoCTc3T5Q pt2: http://www.youtube.com/watch?v=oIqG7WgqQ-w

Comment Germany... (Score 1) 442

I heard that in Germany, in places where you can not bring some piece of hardware with cam, a disabled (read: physically removed) camera isn't even allowed. Motivation: it can be placed back into the system, when you are in the cam-free-zone. Since the cameramodules are so small I understand this.

Comment YAY (Score 1) 1

4 rainy days of enjoying lectures, workshops and interesting (and not so interesting) discussions with smelly people and drinking lots of beer! Count me in!
Security

Submission + - Hacking at Random 1

gmc2000 writes: "On their site, the people behind Hacking at Random (the successor of What the Hack, a four day outdoor hackers conference) announced a date and location: "On August 13-16, 2009 the 20th anniversary edition of the four-yearly Dutch outdoor technology-conference will take place near Vierhouten, NL". This event promises "four days of technology, ideological debates and hands-on tinkering". Given that these events happen only once every four years, I wouldn't want to miss it for the world!"
The Media

Submission + - Hostile takeover of Open Source Project TWiki 2

Michael Daum writes: "On 2008-10-27, 21:00 GMT, just a minute before the regular TWiki release meeting, the company TWIKI.NET announced unilaterally that the best for the TWiki.org project would be for them to take over governance. With it comes a complete lock down of the community site. From that minute on, all long-time contributors have lost access to their code. Counter-reaction: the community has left the building, leaving TWIKI.NET without a contributing community. Question: is it a sensible move for a venture capital firm that depends on a healthy Open Source community to lock it out?

Access to the site is only granted if contributors agree to a set of newly installed terms and conditions dictated by TWIKI.NET, a company founded by Peter Thoeny 12 months ago. His power to do so grows out of two sources: (a) he is the sole owner of the trademark on TWiki and (b) he is sponsoring the server hardware and thus had root access.

And now he has triggered the trademark gun and fired the TWiki community. He even repeatedly threatened people on the #twiki IRC channel that "[he has] been advised by one of [his] investors, [[http://www.wsgr.com/WSGR/Index.aspx][Wilson Sonsini Goodrich and Rosati]], that [they] need to protect [their] trademark". Clearly, their VC people have no picture of the situation other than their own return of investment. Sure, protecting a registered trademark is what it is all about. But threatening the community that has been working on TWiki on a volunteer basis for the recent 10 years that way is a bit strong. Too strong for the TWiki community.

If there was ever any hope to re-establish a relationship of trust and faith to create a win/win situation by combining community & commerce, this is totally gone now. Thoeny installed himself as BDFL (Benevolvent Dictator for Life) again, despite being rejected by a community vote during the TWiki Summit in Berlin last month.

During the TWiki Summit in Berlin 4+5 September 2008, it became clear that Thoeny has sold part of his trademark rights to his venture capital funded company. Part of that deal was that while he remains ownership on the trademark itself, TWIKI.NET gained the sole right to exploit the brand on a commercial basis. This created a completely new situation for the Open Source project and all of its already existing commercial eco-system. As a consequence, TWIKI.NET was asked to grant a perpetual license to the community to secure the legal situation for contributors and commercial stakeholders, a license that would only have formalized the way TWiki has been running for more than 10 years with Thoeny promising to "take care of the brand".

As faith in him as a leader diminished over the years, and the foreboding of a trademark problem increased, the community asked Thoeny to write down the rights he has granted orally before. Which he didn't. Instead he pulled the trademark trigger in a move he calls "relaunching the project" to "weed out" the good and the bad. Trust in Thoeny as a leader diminished last but not least when his role as a community leader became more and more mixed up with his interests as a CTO of TWIKI.NET, up to the point where he obviously showed more interest to cement a genuine marketing advantage for TWIKI.NET.

The rise of his newly created company continually eroded willingness to contribute to TWiki as an Open Source project. People were more and more irritated by the changed rules of the game. The community has been watching the actions of TWIKI.NET with a lot of interest, in the hope that they would add significant value to this very successful project. Unfortunately, they took an approach of recasting the success of the product, created with years of volunteer work, as their own success.

That's where Open Source shows its ugliest face. And there's definitely no beauty in this shock therapy, even though Tom Barton, CEO of TWIKI.NET says: "the beautiful thing about open source is you don't need to recognize the authority of TWiki.net". What an irony to close another very sad chapter. The last one for TWiki.org as we knew it before.

The appearance of TWIKI.NET on the scene forced a governance crisis TWiki was not able to overcome, despite the good progress that was made up to a couple of hours before. On the TWiki Summit in Berlin last month, a democratically elected Interim Board of Directors was founded whose sole agenda was to negotiate the conditions under which this governance crisis could have been overcome.

The plan was to create a TWiki Association consisting of a Board of Directors and a General Assembly following the example of KDE e.V. The board itself would have created so called Task Teams that manage the operational part of the project to a finer granularity.

The members of the Interim Board of Directors were in the process of creating the Articles of Association and were prepared for the next logical move in an ever growing project, organizing it similarly to other projects in the Open Source business. This formal body would also have been an entry path for sponsors and other organizations willing to partner with TWiki as a project. No such thing was available before. The only way outside parties could have made donations was to give them directly to Thoeny and thereby TWIKI.NET.

This was the case when Sun donated server hardware to power the TWiki.org community site. Sun sponsored TWiki as an Open Source project, not TWIKI.NET. However, there was no entity other than Thoeny and TWIKI.NET to handle these opportunities and resources. It now is clear that the access to these server resource has been used against the TWiki community itself by locking it out.

The democratically elected Interim Board of Directors of TWiki has been displaced by the trademark holder of TWiki as a final chord on the governance crisis. Now, Thoeny is sending around emails to high profile contributors individually to invite them to come back subordinate to the governance of TWIKI.NET. He obviously seems to be in hope that people will do so once the situation has settled. Quite far-fetched and not very likely to happen. Those same contributors who implemented the features he is praising aloud as the shiny new TWiki, are far too displeased by his hostile behavior to be willing to go back to business as usual.

TWIKI.NET is striving to repaint their move as a "new opportunity". What they don't see is that they have put their own business case into severe danger. They just lost the horse power for a product that they were selling. They have been signaling to the community that they don't have the manpower for certain developments and were seeking for help, even willing to pay work for hire. Another error. Adding money as an incentive to Open Source is changing the game completely. Before, people volunteered as part of an act of free speech. Add money to it and nobody will work for free anymore. This poisoned the dynamics.

The current situation is that all core developers have left the ship and joined a new undertaking with the working title NextWiki. This is a fork based on the current code in TWiki that will soon be released under a new name. The goals of NextWiki are clear. Basically, the plan is to found an Association as a formal body for the project, including the reorganization of its governance down to all operational questions, as was in progress for the TWiki project.

The result will be a much strengthened new player, much more agile as it just got rid of the reason for TWiki's ongoing paralysis.

There remains a message for TWiki's users: no worries, we continue working, faster and more productive than ever before, embedded in a volunteer-friendly environment. Sure, this fork now introduces a new choice that was not there before. Well, it _was_ there before and it was introduced by TWIKI.NET, not those guys that "asked for a fork". TWiki users already had the choice between TWIKI.NET's product (a rebranded version of an old TWiki release, packaged as a VMware image), or Open Source TWiki, most recent stable version. This choice more or less remains available with the difference that you will get the real thing from a new site, reworked to be real Open Source, backed up by a large and highly motivated community as a guarantor for continuity and innovation."

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