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The Almighty Buck

Massive Bank Fraud In EVE Online 138

djconrad was one of several readers to point out the latest major scandal in EVE Online, the space MMO notable for its large, player-driven economy and the entertaining stories it often generates. A player named Ricdic, chairman of a large in-game bank, decided to embezzle roughly 200 billion ISK (the game's currency). Ricdic exchanged the ISK for about $5,000 to pay off real-life debts. Massively has an in-depth write-up about how the theft affects the game and its players. Since the scandal became public, there's been a run on the virtual bank, and its executives are doing what they can to reassure people that it will continue to exist. Ricdic was banned, not for the embezzlement, but for trading 200 billion ISK for real currency, which is forbidden by EVE's EULA.
Biotech

Hawking Says Humans Have Entered a New Stage of Evolution 398

movesguy sends us to The Daily Galaxy for comments by Stephen Hawking about how humans are evolving in a different way than any species before us. Quoting: "'At first, evolution proceeded by natural selection, from random mutations. This Darwinian phase, lasted about three and a half billion years, and produced us, beings who developed language, to exchange information. I think it is legitimate to take a broader view, and include externally transmitted information, as well as DNA, in the evolution of the human race,' Hawking said. In the last ten thousand years the human species has been in what Hawking calls, 'an external transmission phase,' where the internal record of information, handed down to succeeding generations in DNA, has not changed significantly. 'But the external record, in books, and other long lasting forms of storage,' Hawking says, 'has grown enormously. Some people would use the term evolution only for the internally transmitted genetic material, and would object to it being applied to information handed down externally. But I think that is too narrow a view. We are more than just our genes.'"
The Media

Data Mining Rescues Investigative Journalism 91

John Mecklin sends in word of initiatives through which the digital revolution that has been undermining in-depth reportage may be ready to give something back, through a new academic and professional discipline known as "computational journalism." "James Hamilton, director of the DeWitt Wallace Center for Media and Democracy at Duke University, is in the process of filling an endowed chair with a professor who will develop sophisticated computing tools that enhance the capabilities — and, perhaps more important in this economic climate, the efficiency — of journalists and other citizens who are trying to hold public officials and institutions accountable. The goal: Computer algorithms that can sort through the huge amounts of databased information available on the Internet, providing public-interest reporters with sets of potential story leads they otherwise might never have found. Or, in short, data mining in the public interest."

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