DMandPenfold writes "Algorithmic trading, also known as high frequency trading (HFT), is rapidly replacing human decision making, according to a UK government panel which warned that the right regulations need to be introduced to protect stock markets. Around one third of share trading in the UK is conducted by computers fulfilling commands based on complex algorithms, said the Foresight panel in a working paper published yesterday. Nevertheless, this proportion is significantly lower than in the U.S., where three-quarters of equity dealing is computer generated. The Foresight panel, led by Dame Clara Furse, the former chief executive of the London Stock Exchange, argued that there are both benefits and severe risks to algorithmic trading. There was 'no direct evidence' that the computer trading in itself increased volatility, it said, but in specific circumstances it was possible for a series of events with 'undesired interactions and outcomes' to occur and cause massive damage."

An anonymous reader writes "There's not another nation in the world that can wage kinetic warfare as effectively as the United States, and that's probably at the heart of the reason why the United States will lose a war fought in cyberspace, leading cyber security analyst Jeffrey Carr writes."

fysdt writes "Iran has been targeted by a second computer virus in a 'cyber war' waged by its enemies, its commander of civil defense said on Monday. Gholamreza Jalali told the semi-official Mehr news agency that the new virus, called 'Stars,' was being investigated by experts."

Several sources are reporting that in spite of LHC hype, Fermilab's Tevatron has produced another feat for scientific discovery. Currently the world's most powerful operating particle accelerator, the Tevatron has allowed researchers to observe a rare single Top Quark. "Previously, top quarks had only been observed when produced by the strong nuclear force. That interaction leads to the production of pairs of top quarks. The production of single top quarks, which involves the weak nuclear force and is harder to identify experimentally, has now been observed, almost 14 years to the day of the top quark discovery in 1995."

An anonymous reader writes "The Canadian PC retailer Eurocom is planning to ship a 12-pound laptop with Intel's Core i7 chip, which might go down well with deep-pocketed geeks. The Core i7 was designed with desktop computers and servers in mind; later members of the Nehalem chip family are planned to address portables. The 17" notebook's price, not yet announced, will certainly be in excess of $5,000."

Ensign Taco writes "I'm sure nearly every one of us has had it happen. All of a sudden your Windows PC slows to a crawl for no apparent reason. Yeah, we all like Linux because it doesn't do annoying things like this, but the Windows desktop still reigns supreme in most managed LAN work environments. I'm running XP with 4G of RAM and a decent CPU, and everything was fine, until one day — it wasn't. I've run spybot, antivirus, and looked at proc explorer — no luck. There is no one offending, obvious process. It seems every process decides to spike at once at random intervals. So I'm wondering if there's a few wizards out there that know what to look at. Could this be a very clever virus that doesn't run as a process? Or could this just be some random application error that's causing bad behavior? I've encountered this a few times with Windows PCs, but the solution has always been to just add more hardware. Has anyone ever successfully diagnosed this kind of issue?" And whether such a problem is related to malware or not, what steps would you take next?