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The Media

A Wikipedia Conspiracy and the Wall Street Meltdown 485

PatrickByrne writes "This is The Register's world-class investigative piece concerning one aspect of the meltdown on Wall Street ('naked short selling') and how the criminals engaged a journalist to distort Wikipedia to confuse the discourse. The article explicitly and formally accuses a well-known US financial journalist, Gary Weiss, of lying about his efforts to distort a Wikipedia page under assumed names, and accuses the Powers That Be in Wikipedia (right up to and including Jimbo Wales) of complicity in protecting Weiss. This is not another story about a 15-year-old farm kid in Iowa pretending to be a professor. This is like the worst Chomskian view of Elites manipulating mass opinion. But it is all documented." We discussed the alleged Wikipedia manipulation when The Register first wrote about it last December. The submitter is the CEO of Overstock.com and a major player in this drama from the beginning.
Transportation

Japanese Begin Working On Space Elevator 696

thebryce writes "From cyborg housemaids and waterpowered cars to dog translators and rocket boots, Japanese boffins have racked up plenty of near-misses in the quest to turn science fiction into reality. Now the finest scientific minds of Japan are devoting themselves to cracking the greatest sci-fi vision of all: the space elevator. Man has so far conquered space by painfully and inefficiently blasting himself out of the atmosphere but the 21st century should bring a more leisurely ride to the final frontier. Japan is increasingly confident that its sprawling academic and industrial base can solve those issues, and has even put the astonishingly low price tag of a trillion yen (£5 billion) on building the elevator. Japan is renowned as a global leader in the precision engineering and high-quality material production without which the idea could never be possible."

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The difference between reality and unreality is that reality has so little to recommend it. -- Allan Sherman

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