beaverdownunder writes "After losing another 8.9% of its IPO value in its third day of trading, SEC Chairman Mary Schapiro has called for a review of the circumstances surrounding Facebook's IPO on the NASDAQ late last week. Unable to sell Facebook short, investors have instead taken to short-selling funds that owned pre-IPO shares as revelations come out that the underwriters involved revised their Facebook profit forecasts downward in the days before the offering without similarly revising the opening share price. Meanwhile, Thomson Reuters Starmine has come out with a post-party Facebook estimate of a meager 10.8 per cent annual growth rate, valuing the stock at a paltry $US9.59 a share, a 72 per cent discount on its IPO price, signaling that the battered stock may not have found the bottom yet."

kdawson writes "io9 has a scary outline of five times the US came close to accidental nuclear disasters. Quoting: 'In August of 1950, ten B-29 Superfortress bombers took off from what was then called Fairfield-Suisun Air Force Base in California, headed for Guam. Each was carrying a Mark IV atom bomb, which was about twice as powerful as the bombs dropped on Japan at the end of World War II. Shortly after takeoff, one of the B-29s had engine trouble. On board was General Robert Travis. He commanded the plane to turn back to the base when the landing gear refused to retract. Sensing the plane was going down, the pilot tried to avoid some base housing before crashing at the northwest corner of the base. The initial impact killed 12 of the 20 people aboard, including General Travis. The resulting fire eventually detonated the 5,000 pounds of conventional explosives that were part of the Mark IV. That massive explosion killed seven people on the ground. Had the bomb been armed with its fissile capsule, the immediate death toll may have reached six figures.'"

nk497 writes "Veteran Hi-Fi journalist Malcolm Steward has pushed newfangled Super SATA cables via his blog as a way to improve the sound quality of music, saying: 'My only guess is that the Super SATAs reject interference significantly better than the standard cables and in so doing lower the noise floor revealing greater low-level musical detail and presentational improvements in the soundstage and the "air" around instruments.' If that doesn't sound right to you, you're not alone. As PC Pro blogger Sasha Muller argues: 'How on earth can a SATA cable delivering 0s and 1s to their respective destination have any effect on those 0s and 1s? The answer is, it can't. Unless it's a magical one made of pixie shoes.' So maybe don't invest in Super SATA cables unless you have proof they're magical first."

OzPeter writes "Last week I won an Xbox 360 Pro. However, I am not a gamer, and after looking at the current MS offerings, I am not tempted to become one. But I am in the market for a Media Center PC that I can use for streaming TV shows off the 'net as well as general web browsing and displaying video through the HDMI port. With that in mind, I again looked at MS and saw they seemed to have positioned the Xbox as an adjunct to a separate Windows Media Center PC and not as a stand alone unit (which is not what I want). So, once again, I did some more research into the Xbox homebrew scene and discovered things like Xbox Linux. But after reading that site, it is apparent that MS is trying to beat down the homebrewers, and I am left wondering how much hassle it would be to go down that path. So my question is: how should I re-purpose my Xbox? Is it worthwhile doing the Homebrew/Linux option (and can anyone share any experiences)? Are there other ways of re-purposing the device that I haven't considered? Or should I just keep it boxed up as a Christmas present for a favorite nephew?"

GameboyRMH writes "The Boston Globe reports that major MMO publishers (Blizzard, Turbine, SOE, NCSoft, and Jagex) are being sued by Paltalk, which holds a patent on 'sharing data among many connected computers so that all users see the same digital environment' — a patent that would seem to apply to any multiplayer game played between multiple systems, at the very least. Paltalk has already received an out-of-court settlement from Microsoft earlier this year in relation to a lawsuit over the Halo games. If Microsoft can't fend off Paltalk's legal attacks, the odds don't look good for their latest group of targets."

GalaticGrub writes "Technology Review has an article about a startup that wants to build a business out of crowd-sourcing the developing world. The company, called txteagle, seems to be interested mainly in using local knowledge to translate information into less common languages. The Finnish cell-phone company Nokia is a partner in the project, and CEO Nathan Eagle says that it provides a good example of a Western company that could benefit from txteagle workers. Eagle explains that Nokia is interested in 'software localization,' or translating its software for specific regions of a country. 'In Kenya, there are over 60 unique, fundamentally different languages,' he says. 'You're lucky to get a phone with a Swahili interface, but even that might be somebody's third language. Nokia would love to have phones for everyone's mother tongues, but it has no idea how to translate words like "address book" into all of these languages.'"

theodp writes "Last June, Google rolled out a new favicon, the small branding icon that graces your URL bar when you visit Google. Which, as it turned out, bore a striking similarity to Garth Brooks' Circle-G logo. Well, Google went back to the drawing board and has come back with a new favicon, which it says was inspired by — not copied from, mind you — its users' submitted ideas. Some are also seeing inspiration elsewhere for the new favicon, which consists of white 'g' on a background of four color swatches. Take the AVG antivirus icon, for instance. Or everybody's favorite memory toy, Simon. Or — in perhaps the unkindest cut of all — the four-color Microsoft Windows logo, shown here with a superimposed white '7'. Anything else come to mind?" What comes to mind for me is just how obsessed many people are with the Google favicon.

overheardinpdx writes "I'm sad to report that longtime HPC technology pundit Roland Piquepaille (rpiquepa) died this past Tuesday. Many of you may know of him through his blog, his submissions to Slashdot, and his many years of software visualization work at SGI and Cray Research. I worked with Roland 20 years ago at Cray, where we both wrote tech stories for the company newsletter. With his focus on how new technologies modify our way of life, Roland was really doing Slashdot-type reporting before there was a World Wide Web. Rest in peace, Roland. You will be missed." The notice of Roland's passing was posted on the Cray Research alumni group on Linked-In by Matthias Fouquet-Lapar. There will be a ceremony on Monday Jan. 12, at 10:30 am Paris time, at Père Lachaise.

animusCollards writes "Slate ponders a post-Steve Jobs Apple, including possible successors, and the future is... boring. '..it's certainly true that Jobs' style is central to the company's brand and the fierce connection it forges with its customers. His product announcements prompt hundreds of millions of dollars worth of free press coverage and whip up greater and more loyal fans, generating ever-greater interest in the company. ... At some point, all that will end. Jobs will eventually leave the company. There are no obvious plans for succession; in addition to Schiller, observers finger Tim Cook, Apple's COO, and Scott Forstall, who helped develop Mac OS X and the iPhone's software, as contenders for the job. But Tuesday's keynote illustrated how difficult it will be for any of those guys to replace Jobs.'"

UnknowingFool writes "As a followup to the Zune New Year's Eve meltdown, Microsoft has issued a workaround for what some users have correctly guessed was a bug caused by a leap year. To recover from the problem, let the Zune drain the batteries and restart it after noon on January 1, 2009. Many sites are reporting that Microsoft has 'fixed' the issue, but technically all Microsoft has done is to ask users to wait out the conditions that triggered the bug. Unless a software patch comes out, Zunes will suffer the same problem again in four years." Reader ndtechnologies adds, "According to posts in the Toshiba forum at anythingbutipod.com, the same bug that shut down millions of Zune 30's also affects the Toshiba Gigabeat S. The Zune 30 is based off of the Gigabeat S series and was co-developed by Microsoft with Toshiba."

Roland Piquepaille writes "An international team of researchers has begun collecting imaging data on the Soufriere Hills Volcano in Montserrat, which has been erupting regularly since 1995. They're using the equivalent of a CAT scan to understand its internal structure and how and when it erupts. The experiment is dubbed SEA-CALIPSO and 'will use air guns and a string of sensors off the back of a research ship combined with sensors on land to try to image the magma chamber.' Early results are surprising. Quoting one of the leading scientists: 'The interesting thing is that much more magma is erupting than appears represented by the subsiding bowl. ... The magma volume in Montserrat eruptions is much larger than anyone would estimate from the surface deformation, because of the elastic storage of magma in what is effectively a huge magma sponge.'"

arcticstoat writes to tell us that despite the many game download sites already available, another one has decided to give it a go; only this time, with a twist. UK-based Game Domain International is launching their AWOMO service that will allow you to play the game before it's done downloading. As an added incentive to get people to sign up, you can try out the beta now and get Rome: Total War for free. "The trick, according to GDI, is its 'unique technology' that 'lets you start playing before the game has finished downloading, meaning you can be up and running, jumping and fragging in minutes rather than hours.' Although some other download services allow you to start playing a game before it's fully downloaded, you usually still have to download a big chunk of data before you can start, and GDI reckons that it's cracked this problem. According to GDI, AWOMO takes a look at your PC's spec and connection speed, and then hooks you up with a sufficient buffer to stop your game stalling during gameplay. The company is confident that 'the delivery system accurately predicts the data you require next and ensures it's already there waiting before you need it.'"

Falkkin writes "Ars Technica reports that audio CAPTCHAs consisting of only distorted digits or letters can be easy to crack using machine learning techniques. This includes most of the audio CAPTCHAs currently in use on the Web. The reCAPTCHA team has discussed their new audio CAPTCHA, which is resistant to this attack."

Idzuna writes "With the somewhat recent announcement of Tabula Rasa shutting down, I have been thinking about what will happen to the Server/Client code. Does it get used as a guide for other projects? Does it get destroyed? Or does it just sit there on a hard drive somewhere in storage? The same question applies to many other failed creations. I know the likelihood of the code being distributed freely is next to nil, as most companies probably recycle code. If a vulnerability was found in old code, it could be applied to other products that the company has released. But wouldn't it help development of different projects if such a resource was available?"

holy_calamity writes "Article One Partners is a new startup that offers $50,000 rewards to people that find prior art for certain valuable patents. The company's founder told New Scientist she thought the initiative would improve 'patent quality' by increasing scrutiny on poor patents. She aims to profit by selling the information contributors collect, or trade stocks based on it. Current patents they are looking for help to bust include those being used by Konami to sue Harmonix over Rock Band and Guitar Hero."