A U.S. District Court judge on Thursday allowed New York-based startup Kalshi to legally offer betting on the outcome of the November Congressional elections (Warning: source paywalled; alternative source), despite opposition from the Commodity Futures Trading Commission (CFTC), which plans to appeal the decision due to concerns about potential market manipulation and public trust in the electoral process. Within minutes of the ruling, people began placing bets on Kalshi's website. It's currently the only legal opportunity for Americans to bet on U.S. elections under government regulation. Fortune reports: A startup company on Thursday began taking what amounts to bets on the outcome of the November Congressional elections after a judge refused to block them from doing so. The ruling by U.S. District Court Judge Jia Cobb in Washington permitted the only legally sanctioned bets on U.S. elections by an American jurisdiction. It enabled, at least temporarily, New York-based Kalshi to offer prediction contracts -- essentially yes-or-no bets -- on which party will win control of the Senate and the House in November. The company and its lawyer did not respond to requests for comment, but within 90 minutes of the judge's ruling, the bets were being advertised on the company's web site. Earlier in the day, the website had said they were "coming soon."

It was not clear how long such betting might last; the Commodity Futures Trading Commission, which last year prohibited the company from offering them, said it would appeal the ruling as quickly as possible. Contrasting his client with foreign companies who take bets from American customers on U.S. elections without U.S. government approval, Roth said Kalshi is trying to do things the right way, under government regulation. "It invested significantly in these markets," he said during Thursday's hearing. "They spent millions of dollars. It would be perverse if all that investment went up in smoke."

But Raagnee Beri, an attorney for the commission, said allowing such bets could invite malicious activities designed to influence the outcome of elections and undermine already fragile public confidence in the voting process. "These contracts would give market participants a $100 million incentive to influence the market on the election," she said. "There is a very severe public interest threat." She used the analogy of someone who has taken an investment position in corn commodities. "Somebody puts out misinformation about a drought, that a drought is coming," she said. "That could move the market on the price of corn. The same thing could happen here. The commission is not required to suffer the flood before building a dam."

mikemuch writes "Imran Haque has developed a mashup of Google Earth with data from the U.S. Census Bureau, called gCensus. The app uses the XML format known as KML (Keyhole Markup Language), which can create shapes and colors on the maps displayed by GE. Haque had to build custom code libraries (which he's made available as open source) that could generate KML for the project. He also had to extract the relevant data from the highly counter-intuitive Census Bureau files and store them in a database that could handle geographic data. gCensus lets you do stuff like create colorful overlays on maps showing population ages, race, and family size distributions."

rednuhter writes "Nature online is reporting scientists have used drugs to selectively remove one memory while not affecting another. Musical tones were played to the rats and at the same time the subjects were given a mild electric shock. Half the study group were given the drug (not approved for use in humans) and then the experiment was repeated with a new tone. The following day the rats that had not been given the treatment were afraid of both tones while the treated half were only afraid of the second tone: the memory of fear of the first had been erased."

Krishna Dagli writes "Two Ph.D. students at the University of California at Berkeley say that Daylight Saving Shift will not do any good or create any energy savings. We are already spending money for software upgrades in the name of saving energy and after reading following article I wonder has congress really studied the impact of DST shift? " I also read some back story on the concept; OTOH, I found TiVo's suggestions that I manually change everything on my Series 1 device to be somewhat...insulting.

Thelomen writes "Opera Browser contains an Easter egg that is not widely known, recently reported over at OperaWatch.com: type /. in the address bar and you are taken directly to slashdot.org. Other recent news from Opera is their new Speed Dial feature, present in the most recent build from Desktop Team. At first glance Speed Dial just looks like 9 bookmarks you can open with CTRL+1 to CTRL+9. However, the pages on the Speed Dial are shown in thumbnail and are automatically pre-fetched in background — a useful thing if you have some heavy pages among your top bookmarks."

With JavaScript/AJAX being used to place dynamic content in pages, I was wondering how Google indexed web page content that was placed in a page using the JavaScript "document.write" method. I created a page with six unique words in it. Two were in the plain HTML; two were in a script within the page document; and two were in a script that was externally sourced from a different server. The page appeared in the Google index late last night and I just wrote up the results.

derrida sends us to an article in the Guardian by Jack Schofield explaining why he believes Dell won't offer Linux on its PCs. In the end he suggests that those lobbying Dell for such a solution go out and put together a company and offer one themselves. Quoting: "The most obvious [problem] is deciding which version of Linux to offer. There are more than 100 distros, and everybody seems to want a different one — or the same one with a different desktop, or whatever. It costs Dell a small fortune to offer an operating system... so the lack of a standard is a real killer. The less obvious problem is the very high cost of Linux support, especially when selling cheap PCs to naive users who don't RTFM... and wouldn't understand a Linux manual if they tried. And there's so much of it! Saying 'Linux is just a kernel, so that's all we support' isn't going to work, but where in the great sprawling heap of GNU/Linux code do you draw the line?"