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Businesses

Submission + - If You Live by Free, You Will Die by Free

Hugh Pickens writes: "Internet entrepreneur Mark Cuban writes that the problem with companies who have built their business around free is that the more success you have in delivering free, the more expensive it is to stay at the top. "They will be Facebook to your Myspace, or Myspace to your Friendster or Google to your Yahoo," writes Cuban. "Someone out there with a better idea will raise a bunch of money, give it away for free, build scale and charge less to reach the audience." Cuban says that even Google, who lives and dies by free, knows that "at some point your Black Swan competitor will appear and they will kick your ass" and that is exactly why Google invests in everything and anything they possibly can that they believe can create another business they can depend on in the future searching for the "next big Google thing." Cuban says that for any company that lives by Free, their best choice is to run the company as profitably as possible, focusing only on those things that generate revenue and put cash in the bank. "When you succeed with Free, you are going to die by Free. Your best bet is to recognize where you are in your company's lifecycle and maximize your profits rather than try to extend your stay at the top," writes Cuban. "Like every company in the free space, your lifecycle has come to its conclusion. Don't fight it. Admit it. Profit from it.""
Security

Estimating the Time-To-Own of an Unpatched Windows PC 424

An anonymous reader notes a recent post on the SANS Institute's Internet Storm Center site estimating the time to infection of an unpatched Windows machine on the Internet — currently about 4 minutes. The researcher stipulated that the sub-5-minute estimate was valid for an unpatched machine in an ISP netblock with no NAT or firewall. The researcher, Lorna Hutcheson, called for others to post data on time-to-infection, and honeypot researchers in Germany did so the same day. They found longer times to infection, an average of 16 hours. Concludes the ISC's Hutchinson: "While the survival time varies quite a bit across methods used, pretty much all agree that placing an unpatched Windows computer directly onto the Internet in the hope that it downloads the patches faster than it gets exploited are odds that you wouldn't bet on in Vegas."
Supercomputing

IBM's Eight-Core, 4-GHz Power7 Chip 425

pacopico writes "The first details on IBM's upcoming Power7 chip have emerged. The Register is reporting that IBM will ship an eight-core chip running at 4.0 GHz. The chip will support four threads per core and fit into some huge systems. For example, University of Illinois is going to house a 300,000-core machine that can hit 10 petaflops. It'll have 620 TB of memory and support 5 PB/s of memory bandwidth. Optical interconnects anyone?"
The Almighty Buck

eBay Beats Tiffany In Net Trademark Case 61

sm62704 notes a Reuters story reporting that eBay has beat Tiffany in court in a "knockout" decision. If this had gone the other way, not only would eBay be in trouble (especially after the loss of a similar case in France), but so would Net commerce as a whole. Tiffany seems certain to appeal. "All of Tiffany's trademark infringement claims against eBay were rejected — a knockout blow to the four-year-old lawsuit that had been closely watched by Internet companies as well as luxury goods makers seeking to stop the sale of counterfeit products online. Tiffany & Co. had alleged that eBay turned a blind eye to the sale of fake Tiffany silver jewelry on its site. EBay had countered that it was not in a position to determine which goods were knock-offs... and had said the jeweler did not adequately participate in eBay's programs that help brand owners prevent fraud. The judge... said he was 'not unsympathetic' to Tiffany and others who have invested in building their brands only to see them exploited on the Web. But he said the law was clearly on eBay's side."

Comment Re:How did they get the safeway info?? (Score 4, Informative) 505

According to the Safeway Privacy Statement for their card, all the cops have to do is ask nicely for some specific question:
Safeway may disclose personally-identifying information in response to a subpoena, court order or a specific request by a law enforcement agency, or as required by law.
User Journal

Journal Journal: Procrastination sucks.

Over a year, eh? Sheesh, I need to pay more attention to the important stuff.

User Journal

Journal Journal: Amazing

Funny that I never noticed the journal system before. I should poke around more.

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