CurrentEvents
29
Feb 12
James Murdoch Quits as News International Chairman – Business – The Atlantic Wire
Wow. This is big.
It seems pretty clear to the outside observer that James Murdoch resigned as a result of the U.K. Leveson inquiry into press ethics, where he appeared out of touch with his operation as the British government investigated phone hacking and bribery allegations at now-shuttered News of the World and the newly expanded Sun.
via James Murdoch Quits as News International Chairman – Business – The Atlantic Wire.
22
Feb 12
Google to Sell Heads-Up Display Glasses by Years End – NYTimes.com
Pocket protector still sold separately.
According to several Google employees familiar with the project who asked not to be named, the glasses will go on sale to the public by the end of the year. These people said they are expected “to cost around the price of current smartphones,” or $250 to $600.
via Google to Sell Heads-Up Display Glasses by Years End – NYTimes.com.
21
Feb 12
Strauss-Kahn suspect in sex ring
I am shocked to discover that bankers like prostitutes. I had held them to such a high standard, but I suppose it must be the stress.
19
Feb 12
Financial Trading Markets Actually Giant Botnets
It’s like a botnet worm. Only, instead of eating data it erases market value.
…the Dow Jones stock index fell 600 points in just 6 minutes. Its nadir represented the deepest single-day decline in that market’s 114-year history… the “flash crash,” as it came to be known, was big, unexpected and scary — and a new study says flash events actually happen routinely, at speeds so fast they don’t register on regular market records, with potentially troubling consequences for market stability.
via Nanosecond Trading Could Make Markets Go Haywire | Wired Science | Wired.com.
Kyle Hayes