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The Almighty Buck

US Has Been In Recession Since December 2007 540

The National Bureau of Economic Research said Monday that the US has been in a recession since December 2007. The NBER is a private, nonprofit research organization of academic economists who determine business cycles. The stock market took a dip on the news that reached double-digit percentages for some tech stocks.
The Internet

Bittorrent To Cause Internet Meltdown 872

Gimble writes "Richard Bennett has an article at the Register claiming that a recent uTorrent decision to use UDP for file transfers to avoid ISP 'traffic management' restrictions will cause a meltdown of the internet reducing everybody's bandwidth to a quarter of their current value. Other folks have also expressed concern that this may not be the best thing for the internet."

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