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MSM Noticing That Patent Gridlock Stunts Innovation 233

trichard tips a column on the editorial page at that most traditional of mainstream media, the Wall Street Journal, arguing the point (obvious to this community for a decade) that the US patent system costs more than the value it delivers. The columnist is L. Gordon Crovitz and here is an excerpt: "New drugs require great specificity to earn a patent, whereas patents are often granted to broad, thus vague, innovations in software, communications, and other technologies. Ironically, the aggregate value of these technology patents is then wiped out through litigation costs. Our patent system [is] a disincentive at a time when we expect software and other technology companies to be the growth engine of the economy. Imagine how much more productive our information-driven economy would be if the patent system lived up to the intention of the Founders, by encouraging progress instead of suppressing it."

Journal Journal: Google: Announcing Project Virgle

Google has announced project Virgle, a joint effort between Google and the Virgin Group.
From the article, "Virgle's goal is simple: the establishment of a permanent human settlement on Mars. Larry Page, Sergey Brin and I feel strongly that contemporary technology is sufficiently advanced to make such an effort both successful and economical, and that it's high time that humanity moved beyond Earth and be
Social Networks

Ringside Networks To Unveil Social App Server 44

eWeekPete writes "Ringside Networks tomorrow will formally launch as a company and also launch what it calls the first open-source social application server that seamlessly integrates Facebook applications with any Web site. The Ringside Social Application Server includes a Social Application Engine that enables Web site developers to quickly build, customize, and deploy their own social applications as well as the included set of standard social applications such as user profiles, friends, groups, comments, ratings, favorites, and events. Ringside also delivers support for federated social graphs for integrating Ringside-based social graphs with other social networks, such as Facebook. In addition, the product features an extensible API and tag library to enable developers to extend Facebook's API and markup language, as well to as define their own application-specific APIs and tags to handle custom behavior and improve Web site integration." Matt Asay had an advance look at Ringside a few days back.

Submission + - World Wide Economic Crash (

orionop writes: From the article:

Thai stocks lost 4.4 per cent of their value by mid-day Tuesday in response to growing worries about a recession in the US. The Stock Exchange of Thailand (SET) index dropped 34.09 points, or 4.4. per cent, to end at 732.44 at the mid-day break. link

Same thing happened in Europe link, India link. It is predicted that it will happen in the USA next.

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