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Businesses

$529M Gov't Loan To Develop $89,000 Hybrid Sports Car 293

Posted by Soulskill from the please-tell-me-it-has-lasers dept.
theodp writes "The WSJ reports that a tiny car company backed by former VP Al Gore has just gotten a $529M US government loan to help build an $89,000 hybrid sports car in Finland. The award this week to California startup Fisker Automotive follows an earlier $465M government loan to Tesla Motors, purveyors of a $109,000 British-built electric Roadster. Fisker's other investors (PDF) include the Al Gharaffa Investment Co., a Cayman Islands corporation."
Programming

The Duct Tape Programmer 551

Posted by kdawson from the coders-at-work dept.
theodp writes "Joel Spolsky sings the praises of The Duct Tape Programmer, who delivers programming teams from the evil of 'architecture astronauts' who might otherwise derail a project with their faddish programming craziness. The say-no-to-over-engineering attitude of the Duct Tape Programmer stems not from orneriness, but from the realization that even a 50%-good solution that people actually have solves more problems and survives longer than a 99% solution that nobody has because it's in your lab where you're endlessly polishing the damn thing. Like Steve Jobs, Duct Tape Programmers firmly believe that Real Artists Ship."
Businesses

Time Warner To Spin Off AOL 141

Posted by samzenpus from the goodbye dept.
Hugh Pickens writes "Time Warner is inching closer to untangling one of the worst mergers in American corporate history that began with the merger of Time Warner with America Online, a deal that has resulted in the evaporation of more than $100 billion of shareholder value. "Although the company's board of directors has not made any decision, the company currently anticipates that it would initiate a process to spin off one or more parts of the businesses of AOL to Time Warner's stockholders, in one or a series of transactions," Time Warner said in the filing. Tech industry analysts have speculated for years that Time Warner would spin off AOL; the two companies merged in 2001 with the idea that AOL's strengths as a new media company could benefit an old media company like Time Warner, and vice versa. But few synergies ever arose from the marriage and even AOL founder Steve Case, who is no longer with the company, has said that he believes the two companies should be separated."
Space

Black Hole At Center of Milky Way Confirmed 392

Posted by CmdrTaco from the i-can-see-it-from-here dept.
Smivs writes "The BBC are reporting that a German team has confirmed the existence of a Black Hole at the center of the Milky Way. Astronomers tracked the movement of 28 stars circling the center of the Milky Way, using the 3.5m New Technology Telescope and the 8.2m Very Large Telescope (VLT) in Chile. Both are operated by the European Southern Observatory (Eso). The black hole is four million times heavier than our Sun, according to the paper in The Astrophysical Journal. According to Dr Robert Massey, of the Royal Astronomical Society (RAS), the results suggest that galaxies form around giant black holes in the way that a pearl forms around grit."
Government

Anti-Matter Created By Laser At Livermore 465

Posted by kdawson from the billions-and-billiions dept.
zootropole alerts us to a press release issued today by Lawrence Livermore National Laboratory, announcing the production of 'billions of particles of anti-matter.' "Take a gold sample the size of the head of a push pin, shoot a laser through it, and suddenly more than 100 billion particles of anti-matter appear. The anti-matter, also known as positrons, shoots out of the target in a cone-shaped plasma 'jet.' This new ability to create a large number of positrons in a small laboratory opens the door to several fresh avenues of anti-matter research, including an understanding of the physics underlying various astrophysical phenomena such as black holes and gamma ray bursts." The press release doesn't characterize the laser used in this experiment, but it may have been this one.

Comment Very "Free Market" Thinking (Score 1) 847

by NetStryder (#11607562) Attached to: Fans Attempting to Pay for Enterprise
This is the way everything should work. This could kick off a ne wave of Supply and Demand that may eventually change the course of television. Imagine a time in the not too distant future where the only shows that air are the ones worthy of continuing to exist based upon the merits of writing and performing. A brave new world ;-)

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