LingNoi writes with this excerpt from ComputerWorld UK: "The London Stock Exchange has said its new Linux-based system is delivering world record networking speed, with 126 microsecond trading times. The news comes ahead a major Linux-based switchover in twelve days, during which the open source system will replace Microsoft .Net technology on the group's main stock exchange. The LSE had long been criticised on speed and reliability, grappling with trading speeds of several hundred microseconds. The 126 microsecond speed is 'twice as fast' as its main international competitors, the London Stock Exchange said. BATS Europe and Chi-X, two dedicated electronic rivals to the LSE, are reported to have an average latency of 250 and 175 microseconds respectively. Neither company immediately provided details. But many of the LSE's older and more traditional rivals offer speeds of around 300 to 400 microseconds. Nevertheless, Linux is now standard in many exchanges, including the New York Stock Exchange."

250,000 street signs in New York City feature street names in capital letters only, which is not the national standard. Having no other issues on the table, The New York City Department of Transportation has decided to fix the problem and put up proper signs featuring both capital and lower-case letters at a cost of $27.5 million. The Transportation Department hopes to have the job completed by 2018 with 11,000 of the most important improperly capitaled signs fixed by the end of the year. Catastrophe averted.

theodp writes "You know what they say — it takes money to avoid paying money. TechFlash reports that Microsoft CEO Steve Ballmer and Amazon.com CEO Jeff Bezos have contributed $100,000 each to an effort to defeat an income tax on individuals in Washington state making more than $200,000. The backers of Initiative 1098, which is set for the November ballot, include Bill Gates (Sr.), who has emerged as one of the most vocal proponents of the income tax. Under the proposal, which has drawn the ire of the Bezos and Ballmer-backed Defeat 1098, no tax would be due on the first $200K of income, 5% tax would be owed on income between $200K and $500K, and everything above $500K would be subject to a 9% tax (cutoffs are doubled for joint returns)."

An anonymous reader writes "With Oracle suing Google over 'unofficial' support for Java in Android, Microsoft has come out and said it has no intention of taking action against the Mono implementation of C# on the Linux-based mobile OS. That's good news for Novell, which is in the final stages of preparing MonoDroid for release. Miguel de Icaza is not concerned about legal challenges by Microsoft over .Net implementations, and even recommends that Google switch from using Java. However, Microsoft's Community Promise has been criticized by the Free Software Foundation for not going far enough to protect open source implementations from patent litigation, which is at the heart of the Oracle-Google case."

littlekorea writes "US intellectual property law expert Jonathan Band has warned that Silicon Valley's search engines, hosting companies, and e-commerce giants have much to fear from the Anti-Counterfeiting Trade Agreement, negotiations for which continued in Switzerland today. The fear for search engines in particular is the erosion of 'fair use' protections and introduction of statutory damages, both of which could lead to more copyright claims from rights holders." The article links a marked-up ACTA draft (PDF) that Band and a coalition of library organizations and rights groups believe is more balanced. Quoting Band: "Our high-level concern is that ACTA does not reflect the balance in US IP law, [which] contains strong protections and strong exceptions. ACTA exports only the strong protections, but not the strong exceptions."

CWmike writes "Mozilla has shipped a release candidate build of Firefox 3.6 that, barring problems, will become the final, finished version of the upgrade. Firefox 3.6 RC1, which followed a run of betas that started in early November, features nearly 100 bug fixes from the fifth beta that Mozilla issued Dec. 17. The fixes resolved numerous crash bugs, including one that brought down the browser when it was steered to Yahoo's front page. Another fix removed a small amount of code owned by Microsoft from Firefox. The code was pointed out by a Mozilla contributor, and after digging, another developer found the original Microsoft license agreement. 'Amusingly enough, it's actually really permissive. Really the only part that's problematic is the agreement to "include the copyright notice ... on your product label and as a part of the sign-on message for your software product,"' wrote Kyle Huey on Mozilla's Bugzilla. Even so, others working on the bug said the code needed to be replaced with Mozilla's own."

mauriceh writes "Since Monday Dec. 7, the Microsoft eOpen license website has been mostly 'Down for Maintenance.' When we do not see this message, we still do not see most of the normal functionality. As this is Microsoft's main channel for managing and installing licenses for products such as Server, and for open license products for business, this makes the company effectively 'closed for business!' Attempts to connect to https://eopen.microsoft.com/ are redirected (after a bad certificate warning) to https://www.microsoft.com/licensing/servicecenter/sitemaintenance.html. For those who wish to activate Microsoft Business Solutions software need to obtain Software Registration keys, and these also can not be obtained, as the site http://www.microsoft.com/BusinessSolutions/MBSRegistration does not resolve; instead one gets a Microsoft Search page. Telephone calls to their support numbers for the licensing program yield either busy signals, or a message saying one should 'call back later.'"

Keldrin_1 writes "Researchers Alfredo Ortega and Anibal Sacco, from Core Security Technologies, have discovered a vulnerability in the 'Computrace LoJack for Laptops' software. This is a BIOS-level application that calls home for instructions in case the laptop is ever lost or stolen. However, what the application considers 'home' is subject to change. This allows the creation of malware capable of 'infecting the BIOS with persistent code that survive reboots and reflashing attempts.' Computers from Dell, Lenovo, HP, Toshiba, Asus, and others may be affected."

Michael_Curator writes "Developers are finally getting their hands on the developer preview of Google's Wave, which means we can finally get some first-hand accounts of what it's really like to use, unfiltered by Google's own programmers. Ben Rometsch, a developer with U.K. Web development firm Solid State, blogged that, it's 'probably the most advanced application in a browser that I've seen.' Wave is like giant Web page onto which users can drag and drop any kind of object, including instant messaging and IRC [Internet Relay Client] clients, e-mail, and wikis, as well as gadgets like maps and video. All conversations, work product and applications are stored on remote servers — presumably forever. 'It's like real time email. On crack,' he wrote. And unlike the typically minimalist Google UI, 'It feels a lot more like a desktop application that just so happens to live in your browser.'" User molex333 has already written a Slashdot app and shares his initial reactions here.

careysb writes to mention that in the same vein as '*nix tricks' and 'VIM tricks', it would be nice to see one on regular expressions and the programs that use them. What amazingly cool tricks have people discovered with respect to regular expressions in everyday life as a developer or power user?"