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Comment Wow! An honest investment banker!?! (Score 1) 307

When two companies begin negotiations for one to buy the other, each has its own investment banker. The bankers only make money if the deal goes through. Even if the bankers know that the deal is stupid (like Time-Warner and AOL), they'll push it no matter how much value they know they'll destroy because otherwise, they get nothing. Even companies themselves will sometimes go through with a transaction that everyone begins to realize is bad the deeper they get into it, if only because they already put so much time and sunk costs into it. They ignore the rule: "if you're in a hole, stop digging" because they protest, "but we've already dug so much, let's dig ourselves a little deeper!"

Who was Apple's investment banker who effectively killed the deal? That's who I'd want to hire as my own banker if I ever had to sell my company or buy another one.

Comment Re:What cloud? (Score 3, Interesting) 142

I am a reasonable, in-house system architect for a major federal agency. Yes, we use virtual servers for most of our applications. This doesn't reduce the number of operating systems that we have, but it certain reduces the number of physical servers and disk arrays that we have to maintain. It's a scalable environment and allows for redundancy between data centers. Most of our users who access our systems are scattered nationwide, so network outages either affect only them, or must be so severe that they take down mutiple data centers each with multiple ISP connections, power sources and HVAC. I supposed that you could call this operating our own "cloud." I don't really care what you call it. I believe it's the among the most efficient and effective solutions for our needs, but doesn't hold us hostage to any one service provider. During out last phase of the migration to our current architecture, our P2V process was straightforward and comfortable. The tools are robust and mature.

If you are thinking of replacing physical servers with virtual or a "cloud," please either build the cloud yourself, or encrypt at the LUN or virtual disk level. For God's sake don't allow any data at rest or in transit to reside or cross over networks owned by third-parties, contractors, etc.

BTW, yes, an MBA or MPP or even PMP probably would go father to get to up to the higher grades in federal public service than a computer science degree. Then again, a CCIE wouldn't hurt either.


Japanese Researchers Make Plastic Out of Water 117

greenrainbow writes with this excerpt from Inhabit: "The material shown in the picture above is just ice, right? Look again. Elastic water, a new substance invented by researchers at Tokyo University, is a jelly-like substance made up of 95% water along with two grams of clay and a small amount of organic materials. As is, the all-natural substance is perfect for medical procedures, because it's made of water, poses no harm to people, and is perfect for mending tissue. And, if the research team can increase the density of this exciting new substance, it could be used in place of our current oil-based plastics for a host of other things."

FDA Approves Vaccine For Prostate Cancer 194

reverseengineer writes "The US Food and Drug Administration has given its first first approval for a therapeutic cancer vaccine. In a clinical trial 'involving 512 men, those who got Provenge (sipuleucel-T) had a median survival of 25.8 months after treatment, while those who got a placebo lived a median of 21.7 months. After three years, 32 percent of those who got Provenge were alive, compared with 23 percent of those who got the placebo. ... "The big story here is that this is the first proof of principle and proof that immunotherapy works in general in cancer, which I think is a huge observation," said Dr. Philip Kantoff, chief of solid tumor oncology at the Dana-Farber Cancer Institute in Boston and the lead investigator in Dendreon's largest clinical trial for the drug. "I think this is a very big thing and will lead to a lot more enthusiasm for the approach."'"

Man Sues Neighbor For Not Turning Off His Wi-Fi 428

Scyth3 writes "A man is suing his neighbor for not turning off his cell phone or wireless router. He claims it affects his 'electromagnetic allergies,' and has resorted to being homeless. So, why doesn't he check into a hotel? Because hotels typically have wireless internet for free. I wonder if a tinfoil hat would help his cause?"
PlayStation (Games)

US Air Force Buying Another 2,200 PS3s 144

bleedingpegasus sends word that the US Air Force will be grabbing up 2,200 new PlayStation 3 consoles for research into supercomputing. They already have a cluster made from 336 of the old-style (non-Slim) consoles, which they've used for a variety of purposes, including "processing multiple radar images into higher resolution composite images (known as synthetic aperture radar image formation), high-def video processing, and 'neuromorphic computing.'" According to the Justification Review Document (DOC), "Once the hardware configuration is implemented, software code will be developed in-house for cluster implementation utilizing a Linux-based operating software."

Submission + - Three Years of Prison Possible for Uploading TV Sh 1

EaglesNest writes: A Chicago man is facing up to three years in prison for uploading pirated episodes of the popular Fox television series "24" to the Internet. The FBI has accused Jorge Romero, 24, of uploading the first four episodes of the show's latest season to nearly a week before their Jan. 14 and Jan. 15 prime-time premieres. The criminal complaint handed down in the U.S. District Court for the Central District of California also alleges Romero posted links to the pirated content on other Web sites to make it easier for viewers to find them.

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The only possible interpretation of any research whatever in the `social sciences' is: some do, some don't. -- Ernest Rutherford