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Submission + - Bitcoin Price Drops as Mt. Gox Exchange Closes Indefinitely

knightmad writes: According to Business Week bitcoin plunged more more than 7 percent today after a major Tokyo-based exchange halted withdrawals of the digital currency.

Citing technical problems Mt. Gox said in a blog post that it needed to "temporarily pause on all withdrawal requests to obtain a clear technical view of the currency processes."

Submission + - 40 Years Of The Microprocessor (v3.co.uk)

An anonymous reader writes: The Microprocessor turns 40 this year and V3.co.uk celebrates by producing this visual timeline to look back at the history of one of the most important inventions of the last century.
Bitcoin

Submission + - bitcoin value implodes (arstechnica.com)

An anonymous reader writes: Apparently unbeknownst to slashdot's editors and in spite of their relentless promotion of bitcoin a few months ago, bitcoin value has completely tanked in the few short months since June. Is it still too late to return those mining GPUs we've bought to Best Buy?
Technology

Submission + - The birth of technology in Silicon Valley (digitaltrends.com)

mihamicka writes: A great story about how Silicon Valley showed up and also a story who destroys myths like "Microsoft and Apple made Silicon Valley" when in fact was the other way around.

"From the early days of Stanford, to pioneers who revolutionized the world while Steve Jobs was still in diapers, this is how a humble farming valley transformed into the epicenter of all things tech."

Education

Submission + - More Schools Go to 4 Day Week to Cut Costs 1

Hugh Pickens writes writes: "Time Magazine reports that as schools return to session in South Dakota, more than one-fourth of students in the state will only be in class from Monday through Thursday as budget constraints lead school districts to hack off a day from the school week. Larry Johnke, superintendant of the Irene-Wakonda school district, says the change will save his schools more than $50,000 per year and in order to make up for the missing day, schools will add 30 minutes to each of the other four days and shorten the daily lunch break. “In this financial crisis, we wanted to maintain our core content and vocational program, so we were forced to do this,” says Johnke. Experts say research is scant on the effect of a four-day school week on student performance but many of the 120 districts that have the shortened schedule nationwide say they've seen students who are less tired and more focused, which has helped raise test scores and attendance while others say that not only did they not save a substantial amount of money by being off an extra day, they also saw students struggle because they weren't in class enough and didn't have enough contact with teachers. "Teachers tell me they are much more focused because they've had time to prepare. They don't have kids sleeping in class on Tuesday," says LaKeisha Johnson, a parent in Peach County Georgia, who sends her fourth-grade daughter to the Boys & Girls Club on Mondays. "Everything has taken on a laser-light focus.""

Submission + - Victory for music locker services? (arstechnica.com)

Gaygirlie writes: "Michael Robertson, the owner and founder of the MP3Tunes music locker service, has been locked in a copyright infringement case with EMI Records for a while now, especially because of the Sideloading search engine that is tacked along with the locker service. Now the case has been resolved though: EMI Records won. But lost on all the accounts that actually really matter.

Michael Robertson is a man known to not shy away from legal fights and is known to always be seeking new boundaries to push. He founded the MP3Tunes service in 2005 with mostly the money he gained from running Linspire back in the day."

Hardware

Submission + - The 12 Biggest PC Duds Ever

adeelarshad82 writes: We're all familiar with the most successful personal computers—the IBM PC, the Apple Macintosh, the Commodore 64—but what about the other side of the coin? In the 30 years since the IBM PC was introduced there have been dozens, if not hundreds, of models that arrived with great fanfare only to tank at the marketplace. These are the redundant, the shameful, the stupid. These are the duds.
Games

Submission + - EA Says Battlefield 3 Not To Come on Steam (itproportal.com)

hypnosec writes: Computer games developer Electronic Arts (EA) has revealed that the company will not release Battlefield 3 on Steam. After a long pause from either side on the matter, EA has announced that its highly anticipated hard core computer game Battlefield 3 will not be made available to game lovers via Steam. Interestingly, this time the statement has been accompanied by reasons for the feud between the two firms. EA has released an official statement informing that the company has no option left but to discontinue its long partnership with Valve and stop selling its games through America’s leading game distributors due to change in policies by the hosting company.
Encryption

Submission + - What Really Breaks SSL? (net-security.org)

Orome1 writes: For an average web site, the security of the communication channel is rarely compromised by attackers using advanced exploitation techniques. On the contrary, the compromises virtually always come from the flaws in the way SSL is deployed. These problems are created by those implementing and maintaining web sites. And, in most cases, they can relatively easily be fixed. In the most recent round of SSL research, SSL Labs focused on programming and deployment errors that compromise SSL security even when SSL is properly configured, with strong cryptographic primitives and up-to-date libraries.
Apple

Submission + - Macs More Vulnerable Than Windows for Enterprise (theregister.co.uk)

sl4shd0rk writes: At a Black Hat security conference in Las Vegas, researches presented exploits on Apples DHX authentication scheme which can compromise all connected Macs on the LAN within minutes. “If we go into an enterprise with a Mac and run this tool we will have dozens or hundreds of passwords in minutes,” Stamos said. Macs are fine as long as you run them as little islands, but once you hook them up to each other, they become much less secure.
Patents

Submission + - Patent Troll Lawyer Sanctioned: Extortion Tactics (techdirt.com)

An anonymous reader writes: For all the stories of patent trolls and copyright trolls, there haven't been too many stories of either being sanctioned for abusive or extortion-like practices... until now. The Court of Appeals for the Federal Circuit (one level below the Supreme Court) has approved over $600,000 in sanctions against a lawyer for a patent troll, saying that filing over a hundred lawsuits, each of which was followed up almost immediately with offers to settle at fees much cheaper than it would cost to fight, has the "indicia of extortion." Now if only judges started doing that more often.

Submission + - 100 P2P users create 75% of BitTorrent traffic (thinq.co.uk)

Stoobalou writes: A study carried out at a university in Spain has discovered that just 100 hard-core users are responsible for three quarters of the traffic on popular file-sharing portals.

Researchers at the Carlos III University of Madrid say they have developed a tool which exposes "the name of the user who published the content, his/her IP address (which provides the user’s city, country and the service provider’s name) and the IP address of those users who later used the BitTorrent application to download the contents".

Perhaps the most surprising result of the research is that a hard core of around 100 regular users are responsible for 66 per cent of the uploads, or content published, as well as a whopping 75 per cent of all downloads.

Submission + - RIAA Threatens ICANN with lawsuit (icann.org)

think_nix writes: A letter from Victoria Sheckler, Deputy General Counsel the RIAA to ICANN threatens to sue ICANN over the future implementation of the .music gTLD if certain "measures" are not met by ICANN in compliance with the RIAA. The letter states and points out such concerns as 'Community Objections', 'Lack of Transparency' , and 'Malicious Conduct' the reasons of concern from the RIAA.

As noted above, we are concerned that a music themed gTLD will be used to enable wide scale copyright and trademark infringment


Google

The Ambiguity of "Open" and VP8 Vs. H.264 493

An anonymous reader writes "With all the talk about WebM and H.264, how the move might be a step backwards for openness, and Google's intention to add 'plugins' for IE9 and Safari to support WebM, this article attempts to clear misconceptions about the VP8 and H.264 codecs and how browsers render video. Firefox, Opera and Google rely on their own media frameworks to decode video, whereas IE9 and Safari will hand over video processing to the operating system (Windows Media Player or QuickTime), the need for the web to establish a baseline codec for encoding videos, and how the Flash player is proprietary, but implementation and usage remain royalty free."

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