Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
×
The Almighty Buck

PwC Auditors Arrested In Satyam Fraud Inquiry 158

theodp writes "Indian police arrested two employees from the affiliate of PricewaterhouseCoopers who audited Satyam Computer Services, the IT outsourcing giant at the center of the nation's largest fraud inquiry. The move comes after Satyam founder Ramalinga Raju said he had fabricated $1 billion of assets and confessed to making up more than 10,000 employees to siphon money from the software company. State Farm Insurance has severed its ties with Satyam, citing uncertainty about the company's future as 'the only factor responsible for the termination of the contract,' which will reportedly affect at least 400 on-site Satyam employees. Other customers, including GE, are standing by Satyam, one of the top recipients of H-1B and L visas (so much for those $500 Fraud Prevention and Detection fees!)."
Government

Obama To Launch Website For Tracking Tax Expenditures 358

internationalflights tips news that Barack Obama, in his first weekly address as President, has mentioned plans to set up a website for tracking "how and where we spend taxpayer dollars." Details about the website, Recovery.gov, are available within the American Recovery and Reinvestment Act of 2009 (PDF). The website "shall provide data on relevant economic, financial, grant, and contract information in user-friendly visual presentations to enhance public awareness of the use funds made available in this Act," and will also "provide a means for the public to give feedback on the performance of contracts awarded for purposes of carrying out this Act." The site itself currently contains a placeholder until the passage of the Act.
Security

Monster.com Data Stolen, Won't Email Users 200

chiguy writes "There's been another break-in at Monster.com. It's surprising that there are still unencrypted passwords stored in database despite the previous hack, as is the decision to not email users — presumably so that no one will make a fuss. From PC World: 'Monster.com user IDs and passwords were stolen, along with names, e-mail addresses, birth dates, gender, ethnicity, and in some cases, users' states of residence. The information does not include Social Security numbers, which Monster.com said it doesn't collect, or resumes. Monster.com posted the warning about the breach on Friday morning and does not plan to send e-mails to users about the issue, said Nikki Richardson, a Monster.com spokeswoman. The SANS Internet Storm Center also posted a note about the break-in on Friday.'"
Microsoft

Microsoft To Exit the Zune Business? 361

thefickler writes "According to Microsoft's quarterly filings to the Securities and Exchange Commission, the Zune platform experienced a revenue drop of 54 percent, or $100 million. This compares to relatively healthy sales of the iPod, which were up 3 percent in the same period (though revenue did drop by 16 percent). Obviously, with the recent job cuts at Microsoft's Entertainment and Devices Division, pundits are wondering how soon until the Zune also gets the chop. As one pundit wrote: 'Microsoft, by now, should be realizing that it's never going to be as "cool" as Apple, so why waste its time with the Zune where it has no competitive advantage?'"
Censorship

National Censorship Plan Offensive, Says Aussie Shadow Minister 116

downundarob writes "Senator Nick Minchin, the Australian Shadow Minister for broadband, communications and the digital economy, has written (or more likely a staffer has written) this interesting article on the Australian Federal Government's continued zeal to enforce ISP-level filtering in Australia. In the article he posits that 'Underlying the Rudd Government's plan to screen the internet is an offensive message: that parents cannot be trusted to mind their children online.' Meanwhile, we wait for filtering trials to start, trials that have been delayed and which have next-to-no support among the industry. Telstra BigPond — Australia's largest ISP — has refused to take part, comparing internet filtering to 'like trying to boil the ocean.' The third largest, iiNet, is prepared to participate to highlight flaws."
It's funny.  Laugh.

After Monty Python Goes YouTube, Big Jump In DVD Sales 281

An anonymous reader writes "Apparently it with the release of all of Monty Python's material on YouTube, their sales have blown through the roof on Amazon.com. It is too bad there isn't any proper news article about this, but I think it bodes well for those who champion free content. More importantly, it forces the MPAA's feet into their mouths." Not every performer (or group of performers) has the decades-strong appeal of Monty Python, but this is a great thing to see. The linked article claims that the sales increase in the Python DVDs is 23,000 percent; there are probably some other ways to figure the numbers, but a big increase is easy to see.
Hardware Hacking

New Connections For Stretchable, Twistable Electronics 60

tugfoigel writes "Jizhou Song, a professor in the University of Miami College of Engineering and his collaborators Professor John Rogers, at the University of Illinois and Professor Yonggang Huang, at Northwestern University have developed a new design for stretchable electronics that can be wrapped around complex shapes, without a reduction in electronic function. The new mechanical design strategy is based on semiconductor nanomaterials that can offer high stretchability (e.g., 140%) and large twistability such as corkscrew twists with tight pitch (e.g., 90 degrees in 1 cm). Potential uses for the new design include electronic devices for eye cameras, smart surgical gloves, body parts, airplane wings, back planes for liquid crystal displays and biomedical devices."
Microsoft

Microsoft 'Vista Capable' Settlement Cost Could Be Over $8 Billion 313

bk- writes with news that documents from the "Vista Capable" class-action lawsuit against Microsoft indicate the software giant could be on the hook for as much as $8.52 billion in upgrade costs. "[University of Washington economist Keith] Leffler came up with his total upgrade costs by calculating how much it would cost to upgrade each of the 19.4 million PCs with 1 GB of memory and graphics cards or onboard chipsets able to run Aero, according to Keizer. Leffler put the maximum cost of upgrading the desktops at $155, while positing that the notebooks' integrated graphics would be more tricky to replace and would cost between $245 and $590 per unit. The total price tag for Microsoft would thus range from $3.92 billion to $8.52 billion and in some cases would include complete replacements of notebooks that could not be feasibly upgraded, Leffler testified. Microsoft in its response argued that giving litigants 'a free upgrade to Premium-ready PCs would provide a windfall to millions.'"
Networking

Comcast's Congestion Catch-22 177

An anonymous reader sends us to Telephony Online for a story about Comcast's second attempt at traffic management (free registration may be required). After the heavy criticism they received from customers and the FCC about their first system, they've adopted a more even-handed "protocol agnostic" approach. Nevertheless, they're once again under scrutiny from the FCC, this time for the way their system interacts with VOIP traffic. By ignoring specific protocols, the occasional bandwidth limits on high-usage customers interferes with those customers' VOIP, yet Comcast's own Digital Voice is unaffected. Quoting: "The shocking thing is just how big a Pandora's box the FCC has appeared to open — and it just keeps getting bigger. When the FCC first started addressing bandwidth usage and DPI issues, it quickly found itself up to its knees in network management minutia. Not long after that, it followed another logical path of the DPI question and asked service providers and Web companies about their use of DPI for behavioral targeting. Now it seemingly has opened up huge questions about what it means to be a voice carrier in the age of IP. It's not hard to imagine the next step: What about video? Telco IPTV services are delivered in roughly the same way as carrier VoIP services — via packets running on the same physical network but a prioritized logical signaling stream. Is that fair to over-the-top video service providers?"
Microsoft

Senator Prods Microsoft On H-1B Visas After Layoff Plans 574

CWmike writes "US Sen. Charles Grassley (R-Iowa) told Microsoft this week that US citizens should get priority over H-1B visa holders as the software vendor moves forward on its plan to cut 5,000 jobs. 'These work visa programs were never intended to allow a company to retain foreign guest workers rather than similarly qualified American workers, when that company cuts jobs during an economic downturn,' Grassley wrote in a letter sent Thursday to Microsoft CEO Steve Ballmer. The letter asked Microsoft to detail the types of jobs that will be eliminated and how those cuts will affect the company's H-1B workers." Reader theodp adds, "On Friday, Microsoft coincidentally announced it would postpone construction of a planned $500 million data center in Grassley's home state of Iowa, although work on data centers in Chicago and Dublin will continue."
Education

Texas Board of Education Supports Evolution 344

somanyrobots writes with this excerpt from the Dallas News: "In a major defeat for social conservatives, a sharply divided State Board of Education voted Thursday to abandon a longtime state requirement that high school science teachers cover what some critics consider to be 'weaknesses' in the theory of evolution. Under the science curriculum standards recommended by a panel of science educators and tentatively adopted by the board, biology teachers and biology textbooks would no longer have to cover the 'strengths and weaknesses' of Charles Darwin's theory that man evolved from lower forms of life. Texas is particularly influential to textbook publishers because of the size of its market, so this could have a ripple effect on textbooks used in other states as well."
Education

A Teacher Asking Students To Destroy Notes? 931

zwei2stein writes "I found this question with far-reaching implications in the off-topic section of a forum I frequent: 'My economics teacher is forcing us to give up all of our work for the semester. Every page of notes and paper must be turned over to her to be destroyed to prevent future students from copying it. My binder was in my backpack, and she went into my backpack to take it. Is that legal?' Besides the issue with private property invasion, which was the trigger of that post, there is much more important question: Can a teacher ask a student not to retain knowledge? How does IP law relate to teaching and sharing knowledge? Whose property are those notes?"
The Internet

Network Solutions Under Large-Scale DDoS Attack 139

netizen writes "CircleID is reporting a large-scale DDoS attack affecting all of Network Solutions' name servers for the past 48 hours, potentially affecting millions of websites and emails around the world hosting their domain names on the company's servers. The NANOG mailing list indicates that it is due to a very large-scale UDP/53 DDoS which Network Solutions has also confirmed: 'There is a spike in DNS query volumes that is causing latency for the delay in web sites resolving. This is a result of a DDOS attack. We are taking measures to mitigate the attack and speed up queries.""
Transportation

Scientists Teleport Information Between Ions a Meter Apart 220

erickhill writes with word that scientists from the University of Maryland have successfully transferred information from one charged atom to another without having it cross the intervening space of about one meter. The academic paper is available in the journal Science, though it requires a subscription to see more than the abstract. Scientists have previously teleported unmolested qubits between photons of light, and between photons and clouds of atoms. But researchers have long sought to teleport qubits between distant atoms. Light's high speed of travel makes photons good transporters of information, but for storing quantum information, atoms are a much better choice because they're easier to hold on to. 'This is a big deal,' comments Myungshik Kim, a quantum physicist at Queen's University Belfast in the United Kingdom. 'To store information as it is in quantum form, you have to have a teleportation scheme available between two stationary qubits. Then you can store them and manipulate them later on.'"
The Courts

Televised RIAA Hearing Adjourned, Briefs Scheduled 72

NewYorkCountryLawyer writes "After the lower court adjourned the hearing scheduled to be televised in SONY BMG Music v. Tenenbaum, in order to give the appeals court time to determine the RIAA's petition for a writ of 'mandamus or prohibition', the appeals court set a briefing schedule. Apparently expecting amicus curiae briefs to be submitted, the appellate court set January 29th as a deadline for filing of amicus briefs. One commentator opines that 'the last thing Vivendi Universal, EMI, Warner Music and Sony BMG RIAA attack lawyers want is for people to see them live and in full, glorious color', while another noted Judge Gertner's observation that the arguments raised by the RIAA in the appeals court, relating to the manner of administering the broadcast, had never been raised in the lower court."

Slashdot Top Deals

After the last of 16 mounting screws has been removed from an access cover, it will be discovered that the wrong access cover has been removed.

Working...