linzeal writes: Nanex, the data services firm, has discovered mysterious and possibly nefarious trading algorithms are operating every minute of every day in the nation’s stock exchange. Unknown entities for unknown reasons are sending thousands of orders a second through the electronic stock exchanges with no intent to actually trade.
Often, the buy or sell prices that they are offering are so far from the market price that there’s no way they’d ever be part of a trade. The bots sketch out odd patterns with their orders, leaving patterns in the data that are largely invisible to market participants.
The company’s software engineer Jeffrey Donovan thinks that the odd algorithms are just a way of introducing noise into the works. Other firms have to deal with that noise, but the originating entity can easily filter it out because they know what they did. Perhaps that gives them an advantage of some milliseconds.
linzeal writes: Dostoyevsky and Tolstoy portrayed Russians as a brooding, complicated people, and ethnographers have confirmed that Russians tend to focus on dark feelings and memories more than Westerners do. But a new University of Michigan study from a doctoral candidate in social psychology finds that even though Russians tend to brood, they are less likely than Americans to feel as depressed as a result.
linzeal writes: Directors whose films have done poorly at the box office are increasingly being solicited by high-power law firms shopping to file lawsuits with offers of settlement. The practice of which the EFF has been calling extortive and "mafia-like", with the courts starting to rule in favor of the consumer and in some cases throwing out the lawsuits. This is all fine and dandy, however, when you are considered the world's worst director and you largely finance films through your own holding company, the rhetoric and ridicule gets ratcheted up rather quickly.
linzeal writes: Despite it being pretty-much closed off to the world, North Korea is the next boom place for IT and tech outsourcing, PC World has reported. Flash games are being developed there for outside publishers, largely thanks to the home-grown talent. Does this mean that the the cartoon company that makes the Simpsons might use North Korea as well? Well it looks like they already have started.
linzeal writes: The US government has been giving signs in the past 48 hours that it is increasingly worried that Wikileaks may be on the verge of publishing a batch of up to 260,000 secret State Department cables involving raw commentary on Middle Eastern leaders, investigators are searching for founder Julian Assange to no avail. Early this morning the Wikileaks twitter page posted the following. " Any signs of unacceptable behavior by the Pentagon or its agents towards this press will be viewed dimly. " than 2 hours later announced that Julian would be appearing at an.investigate journalism conference in Las Vegas tonight, but did not show up. Daniel Ellsberg, the military analysis who leaked the infamous Pentagon Paperssuggested the pentagon might be willing to kidnap or kill him to keep him quiet. Nixon allegedly organized a hit squad for Ellenburg with the threat to " totally incapacitate him on the steps of the capital building " and since Obama has given orders for an extra-judicial execution of an American citizen abroad there is a worrying reality that the US is willing to use force to control those whose actions would incite violence against the United States. Whatever is in those cables may be worth killing over.
linzeal writes: The US government has been giving signs in the past 48 hours that it is increasingly worried that Wikileaks may be on the verge of publishing a batch of 250,000 secret State Department cables involving raw commentary on Middle Eastern leaders, investigators are searching the last known whereabouts of founder Julian Assange to no avail. Early this morning the Wikileaks twitter page posted the following. " Any signs of unacceptable behavior by the Pentagon or its agents towards this press will be viewed dimly. " than 2 hours later announced that Julian would be appearing at a investigate journalism conference in Las Vegas tonight.
linzeal writes: The US government has been giving signs in the past 48 hours that it is increasingly worried that Wikileaks may be on the verge of publishing a batch of 250,000 secret State Department cables, investigators are searching the last known whereabouts of founder Julian Assange to no avail. Early this morning the Wikileaks twitter page posted the following;
" Any signs of unacceptable behavior by the Pentagon or its agents towards this press will be viewed dimly. "
linzeal writes: The newly minted National Declassification Center has been tasked by President Obama with eliminating the backlog of more than 400 million pages of classified records that are more than 25 years old by the end of 2013. The National Archives has prepared a draft prioritization plan to guide its declassification activities, and has invited public input on the plan. A public forum on the subject will be held on June 23. This may be a bonanza for the community of historians and intelligence buffs who have been left without significant source material to work with; in some cases since WWII, especially in terms of any information on cryptography, image analysis and espionage.
linzeal writes: When the police act as though cameras were the equivalent of guns pointed at them, there is a sense in which they are correct. Cameras have become the most effective weapon that ordinary people have to protect against and to expose police abuse. And the police want it to stop. Judges, juries and legislatures support the police overwhelmingly on this issue with only a few cases where those accused of "shooting" the cops being vindicated through the courts.
linzeal writes: The program will be ended formally in 100 days and the 30 dollar cards will then no longer able to be used for identification anywhere in Europe. The NIC program which was pushed through by the Labour party under the leadership of Gordon Brown was ostensibly set forth for for crime prevention, immigration and welfare fraud but was never popular and became a rallying cry across party lines against government intrusion into law-abiding citizen's lives.
If only the US populace could muster the courage to force the Congress of the US to overturn the Patriot Act and deal with the beginnings of its own national ID program before it becomes a fiasco.
linzeal writes: " If all goes well, Iceland may be about to make history. No, I don't mean the refusal of the populace to get saddled with Iceland'(TM)s $5 billion bad “Icesave” bank debt. Rather, I'm referring to the Icelandic Modern Media Initiative [IMMI], which combines the world'(TM)s best legislation to protect press and information freedom into one path-breaking information freedom bill for Iceland. " Link to Wikileak's Coverage.