universe520 writes: Since 2005 YC has taken on batches of promising founders, and this month will celebrate the funding of its 1,000th startup. Though about half of its startups have failed, which is typical of early-stage investing, it has had a head-turning record of success. In addition to Airbnb, YC has had a hand in Dropbox, a cloud-storage firm, and Stripe, a payments company. Eight of its firms have become what Valley folk call 'unicorns', valued at $1 billion or more. Combined, the companies it has invested in are worth around $65 billion (based on their most recent funding round), although YC's share is only a small fraction of that total—perhaps $1 billion-$2 billion. It is because of this record that YC has become a juggernaut in Silicon Valley.

First time accepted submitter YurB writes "Matthew Garrett, a Linux kernel developer who was investigating the recent Linux-on-Samsung-in-UEFI-mode problem, has bricked a Samsung laptop using a test userspace program in Windows. The most fascinating part of the story is on what is actually causing the firmware boot failure: 'Unfortunately, it turns out that some Samsung laptops will fail to boot if too much of the [UEFI] variable storage space is used. We don't know what "too much" is yet, but writing a bunch of variables from Windows is enough to trigger it. I put some sample code here — it writes out 36 variables each containing a kilobyte of random data. I ran this as an administrator under Windows and then rebooted the system. It never came back.'"

Hugh Pickens writes "Michael Grynbaum writes that 40,000 ultra-Orthodox Jewish men filed through the gates of Citi Field to discuss the dangers of the Internet. For the attendees, many of whom said they came at the instructions of their rabbis, it was a chance to hear about a moral topic considered gravely important in the Hasidic community: the potential problems that can stem from access to pornography and other explicit content on the uncensored, often incendiary Web. Schlomo Cohen, 24, said he came to Citi Field because the rally was a good way to remind his community to keep temptation at bay. 'Desires are out there,' said Cohen. 'We have to learn how to control ourselves.' The rally was sponsored by a rabbinical group, Ichud Hakehillos Letohar Hamachane, that is linked to a software company that sells Internet filtering software to Orthodox Jews. Those in attendance were handed fliers that advertised services like a 'kosher GPS App' for iPhone and Android phones, which helps users locate synagogues and kosher restaurants. 'No one here is a Luddite who denies the manifold benefits that technology has brought to mankind as a whole,' says Eytan Kobre, spokesman for the event. 'But at a certain point, a mature, thinking individual stops and says, "I've got to make a cost-benefit analysis [of] what ways it is enriching my life, [and] in what ways it is undermining it."'"

MrSeb writes "Hot on the heels of the most successful storage mediums of all time — MiniDisc and Zip disks — Sony has announced the Optical Disc Archive, a system that seems to cram up to 30 Blu-ray discs into a single, one-inch-thick plastic cassette, which will have a capacity of between 300GB and 1.5TB. As far as I can tell, the main selling point of the Optical Disc Archive is, just like MiniDisc, the ruggedness of the cassettes. Optical discs themselves are fairly resistant to changes in temperature and humidity, and the cassettes are dust and water resistant. What is the use case for these 1.5TB MiniDiscs, though? In terms of pure storage capacity, tape drives are still far superior (you can store up to 5TB on a tape!) In terms of speed and flexibility, hard drives are better. If you're looking for ruggedness, flash-based storage is smaller, lighter, and can easily survive a dip in the ocean. The Optical Disc Archive might be good as extensible storage for TV PVRs, like TiVo and Sky+ — but as yet, we don't even know the cost of the system or the cassettes, and I doubt either will be cheap."

duh P3rf3ss3r writes "The Tenth Circuit Court of Appeals has just affirmed the District Court ruling in SCO v Novell (PDF) in its entirety. The decision is quite a good read and lays out the reasons why the court has rejected, in toto, SCO's attempt to re-argue the case before the Court of Appeals. Is this the last gasp for SCO or will they try to appeal this to the Supreme Court? The betting lines open at 11..." Realistically this is the end of the line for the case.

BioWare's sci-fi RPG epic Mass Effect has now 'gone gold'. Essentially, the game is done and is ready to be pressed onto discs in time for its November 20th launch date. "The Limited Collector's Edition of Mass Effect will include a wealth of background on the game. Foremost among the premium package's offerings is a pair of 36-page booklets, one of which offers a primer on the game's universe and timeline, and the other a collection of concept artwork. The set will also include a bonus DVD with documentaries on the making of the game, a look inside BioWare, 18 Xbox Live gamer pics, 16 dashboard themes, 10 songs from the soundtrack, and 600 concept images with commentary from the game's art directors. [Z: But sites have noted it is only available for purchase online.] On top of that, gamers who preorder ... will receive a bonus disc with an introductory documentary on the game, a dozen gamer pics, eight dashboard themes, three songs from the soundtrack, and various trailers."

prostoalex writes "Microsoft has launched a site dedicated to collaboration between Microsoft and open source community. The site helps developers, IT administrators, and IT buyers find out what Microsoft's product offerings are, and read articles about open source such as 'Open Source Provider Sees Sales Doubling After Moving Solutions to the Windows Platform.'" Relatedly, CNet has the news that the company has submitted its shared-sources license to the OSI for approval.

Sony fans undoubtedly cheered the news of a $100 drop in price for the 60GB PS3, but even with the price drop there are several issues surrounding the console. 1up reports that the 80GB PS3 is following the lead of the EU-released PS3s by removing the Emotion engine and relying on software emulation for backwards compatibility. In an effort to decrease costs Sony continues to reduce features and develop their product. Meanwhile, Konami executive Kazumi Kitaue doesn't see much impact from the cut ... and in fact told Reuters that they're seriously considering a multi-platform release for Metal Gear Solid 4. "Kitaue said Konami may need to expand the target hardware for its blockbuster fighting game Metal Gear Solid, which has so far been developed for Sony's PlayStation machines, to other consoles in the future to recoup development costs ... The release of the latest version of Metal Gear Solid series is expected to help lure hard-core gamers to the PS3 and alleviate concerns over scarcity of strong PS3 titles. Underscoring sluggish PS3 sales and robust demand for the Wii, Nintendo shot past Sony in market value last month and bumped the Tokyo-based electronics conglomerate off the list of Japan's 10 most valuable companies."

An anonymous reader writes "According to a memo being reported on by Information week, the US Department of Transportation has issued a moratorium on upgrading Microsoft products. Concerns over costs and compatability issues has lead the federal agency to prevent upgrades from XP to Vista, as well as to stop users from moving to IE 7 and Office 2007. As the article says, 'In a memo to his staff, DOT chief information officer Daniel Mintz says he has placed "an indefinite moratorium" on the upgrades as "there appears to be no compelling technical or business case for upgrading to these new Microsoft software products. Furthermore, there appears to be specific reasons not to upgrade."'"

anaesthetica writes "The New Yorker writes that Nintendo is fine with third place. Between Sony and Microsoft both trying to build the most comprehensively next-generation console, and barely breaking even in their efforts [Zonk: Though that's changing for Microsoft], Nintendo has decided to go a different route. Wii doesn't have all the bells and whistles, but it focuses on simple fun playing games — a strategy which turns out to be much better for Nintendo's bottom line and stock prices. From the article: 'A recent survey of the evidence on market share... found that companies that adopt what they call "competitor-oriented objectives" actually end up hurting their own profitability. In other words, the more a company focuses on beating its competitors, rather than on the bottom line, the worse it is likely to do.'"

An anonymous reader writes "Kotaku is running an article prompted by an email from a foreign student in Japan. The reader unveils the sad reality of the modern gaming industry. Japanese businessmen made ample use of homeless people and Chinese nationals to obtain PS3s for re-sale. There was also a large amount of pushing and shoving, some fights, and almost no police presence at the most crowded stores." From the article: "Based on my observations of the first twenty PS3s sold at Bic Camera, they were all purchased by Chinese nationals, none of whom bought any software. After making their purchase, television crews asked for interviews but all were declined. These temporary owners of PS3s would then make their way down the street where their bosses waited. After several minutes, a dozen PS3s were rounded up, as their Japanese business manager paid out cash to those who waited in line for them. I witnessed a homeless-looking Chinese man, in his sixties or seventies get paid 20,000 yen for his services and was then sent away." Update: 11/12 05:40 GMT by Z : You're right. Sony only shares a portion of the blame here. Offsides on my part.

MonsieurCreosote writes "The Playstation 3 apparently demands eight times as much electricity as the Playstation 2, and more than twice as much as the Xbox 360. It also consumes much more power than a top-end PC gaming rig. It's not clear what's causing the massive drain, but Sony is now denying reports that the PS3 experienced overheating problems at the Tokyo Games Show last month. From the article: 'While an Intel Core 2 Duo PC with high-end graphics card chews politely on a 160 watt entré, the PlayStation 3 gorges itself on 380 watts... The extra power consumption of the PS3 over the PS2 suggests that we're not really getting much better at designing efficient systems, we're just pumping more 'fuel' into existing paradigms'. Are modern console hardware designers getting sloppy?"

PetManimal writes "Wired has an excellent analysis of Sony as it struggles to overcome the failures of the 1990s and make the PS3 live up to its promise. Sony is counting on the PS3 turning around the company's fortunes, but it may have been too ambitious. Besides being hamstrung with an unusual company culture that emphasizes small hardware teams and proprietary formats, Sony's efforts to make the PS3 kill several birds with one stone and appeal to a wider customer base is turning off the PS3's core support network: gamers. From the article: 'Then there was the decision to build Blu-ray into the PlayStation 3. Sony's logic seemed ironclad: Not only would the hi-def drive's huge storage capacity allow for far-more-realistic and complex games, the PS3 would carry Blu-ray into millions of households and drive sales of HDTVs as well. As it turned out, however, Blu-ray has done nothing good for the PS3. Blu-ray was the main reason gamers weren't able to get the new machine last spring: The launch had to be postponed because the new format's digital rights management system did not yet satisfy every Hollywood studio.'"

fkx writes to mention an eWeek article suggesting that, finally, the PC-using public is going to 'get' the Mac. According to the article, the new advertising, increased functionality of OSX, and Intel-based machines are all raising the profile of Apple's machines to new heights. From the article: "However, this cycle isn't your usual processor upgrade cycle that comes every time Intel or Advanced Micro Devices tweaks a process. This is a major shift that affects all parts of the Mac customer-developer-vendor ecology. Longtime Apple watchers can count two earlier events of similar magnitude. The first such transition occurred in March 1994 with the arrival of the PowerPC architecture. The Motorola 680x0 architecture that had served the Mac platform for a decade was quickly supplanted by a set of new, more powerful machines. "

Gamespot is carrying the news that Microsoft is aiming to sell 13 to 15 Million consoles by June of next year. The story shows good and bad news for the company; While they've already sold 5 Million units, the Home Entertainment division lost about $1.2 billion for the last year. From the article: "Will Microsoft make its goal in the face of not one, but two rival next-gen console launches this fall? That remains to be determined, but the console will have the advantage of being cheaper than the Sony PlayStation 3 and having a bigger game library than the Nintendo Wii. The upcoming 12 months will also see several exclusive 'system seller' titles be released for the 360, including Epic Games' Gears of War, which is tentatively due this holiday season." Kotaku points out that, to sweeten the pot, a new bundle pack may be in the offing for the system.