An anonymous reader writes The Chinese e-commerce giant Alibaba has made headlines lately in US financial news. At the closing of its Initial Public Offering (IPO) on Friday, it had raised $21.8 billion on the New York Stock Exchange, larger even than Visa's ($17.9 billion), Facebook's ($16 billion), and General Motors ($15.8 billion) IPOs. Some critics do say that Alibaba's share price will plummet from its current value of $93.60 in the same way that Facebook's and Twitter's plummeted dramatically after initial offerings. Before we speculate, however, we should take note of what Alibaba is exactly. Beyond the likes of Amazon and eBay, Alibaba apparently links average consumers directly to manufacturers, which is handy for an economy ripe for change. Approximately half of Alibaba's shares "were sold to 25 investment firms", and "most of the shares went to US investors."
An anonymous reader writes Microsoft's Trustworthy Computing Group is headed for the axe, and its responsibilities will be taken over either by the company's Cloud & Enterprise Division or its Legal & Corporate Affairs group. Microsoft's disbanding of the group represents a punctuation mark in the industry's decades-long conversation around trusted computing as a concept. The security center of gravity is moving away from enterprise desktops to cloud and mobile and 'things,' so it makes sense for this security leadership role to shift as well. According to a company spokesman, an unspecified number of jobs from the group will be cut. Also today, Microsoft has announced the closure of its Silicon Valley lab. Its research labs in Redmond, New York, and Cambridge (in Massachusetts) will pick up some of the closed lab's operations.
"With iKeg's Technology We Guarantee You Will Never Run Out of Beer," boasts the SteadyServ website. As you listen to interviewee Mike Flockenhaus, though, you'll realize almost immediately that SteadyServ isn't making equipment for home use, but for bars and taverns that serve draft beer. Here's another good line from their site: "With the new iKeg® system, we aim to ensure that you get your beer, in the right place, at the right time. We also want to simplify the lives of all the hard-working people in the beer industry. After all, wanting and having your beer are not the same thing." Even better, it looks like they're hiring. Wouldn't it be wonderful to help keep America from running out of draft beer? (Alternate Video Link)
An anonymous reader writes: Next year will be the start of my 10th year as a software developer. For the last nice years I've worked for a variety of companies, large and small, on projects of varying sizes. During my career, I have noticed that many of the older software developers are burnt out. They would rather do their 9-5, get paid, and go home. They have little, if any, passion left, and I constantly wonder how they became this way. This contradicts my way of thinking; I consider myself to have some level of passion for what I do, and I enjoy going home knowing I made some kind of difference.
Needless to say, I think I am starting to see the effects of complacency. In my current job, I have a development manager who is difficult to deal with on a technical level. He possesses little technical knowledge of basic JavaEE concepts, nor has kept up on any programming in the last 10 years. There is a push from the upper echelon of the business to develop a new, more scalable system, but they don't realize that my manager is the bottleneck. Our team is constantly trying to get him to agree on software industry standards/best practices, but he doesn't get it and often times won't budge. I'm starting to feel the effects of becoming complacent. What is your advice?
An anonymous reader writes: Netflix appeared before the Canadian broadcast regulator today, resulting in a remarkably heated exchange, with threats of new regulation. The discussion was very hostile — the CRTC repeatedly ordered Netflix to provide subscriber information and other confidential data. As tempers frayed, the Canadian regulator expressed disappointment over the responses from a company that it said "takes hundreds of millions of dollars out of Canada." The CRTC implicitly threatened to regulate the company by taking away its ability to rely on the new media exception if it did not cooperate with its orders.
storagedude writes: Amid ongoing security concerns, the popular open source encryption program TrueCrypt may have found new life under a new name. Under the terms of the TrueCrypt license — which was a homemade open source license written by the authors themselves rather than a standard one — a forking of the code is allowed if references to TrueCrypt are removed from the code and the resulting application is not called TrueCrypt. Thus, CipherShed will be released under a standard open source license, with long-term ambitions to become a completely new product.
cold fjord writes: Phys.org reports, "The life sciences have come under fire recently with a study published in PLOS ONE that investigated the level of sexual harassment and sexual assault of trainees in academic fieldwork environments. The study found 71% of women and 41% of men respondents experienced sexual harassment, while 26% of women and 6% of men reported experiencing sexual assault. The research team also found that within the hierarchy of academic field sites surveyed, the majority of incidents were perpetrated by peers and supervisors. The New York Times notes, "Most of these women encountered this abuse very early in their careers, as trainees. The travel inherent to scientific fieldwork increases vulnerability as one struggles to work within unfamiliar and unpredictable conditions."
HughPickens.com writes: Michael Agger has an interesting article in the New Yorker about parenting in the internet era and why Minecraft is the one game parents want their kids to play. He says, "Screens are no longer simply bicycles for the mind; they are bicycles that children can ride anywhere, into the virtual schoolyard where they might encounter disturbing news photos, bullies, creeps, and worse. Setting a child free on the Internet is a failure to cordon off the world and its dangers. It's nuts. ... The comfort of games is that they are partially walled off from the larger Internet, with their own communities and leaderboards. But what unsettles parents about Internet gaming, despite fond memories of after-school Nintendo afternoons, is its interconnectivity. Minecraft is played by both boys and girls, unusually. ... At its best, the game is not unlike being in the woods with your best friends. Parents also join in."
According to Agger, the significance of Minecraft is how the game shows us that lively, pleasant virtual worlds can exist alongside our own, and that they are places where we want to spend time, where we learn and socialize. "To me what Minecraft represents is more than a hit game franchise," says new Microsoft CEO Satya Nadella. "It's this open-world platform. If you think about it, it's the one game parents want their kids to play." We need to meet our kids halfway in these worlds, and try to guide them like we do in the real world, concludes Agger. "Who knows how Minecraft will change under Microsoft's ownership, but it's a historic game that has shown many of us a middle way to navigate the eternal screens debate."
gbjbaanb writes: This year's Ig Nobel prize was won by Japanese researchers investigating why banana skins produced a frictionless surface compared to apple and orange peels. (Apparently, "The polysaccharide follicular gels that give banana skins their slippery properties are also found in the membranes where our bones meet," so its not all fun and jollity). Other prizes were awarded for noting that dogs only defecate when aligned with north-south magnetic fields, and that "night owl" people are more likely to be psychopaths than early risers. Yes, that probably includes you.
An anonymous reader sends this news from the BBC:
Scotland voters decided to remain part of the United Kingdom on Friday, rejecting independence in a historic referendum. The decision prevented a rupture of a 307-year union with England, bringing a huge sigh of relief to the British political establishment. Scots voted 55.3 percent to 44.7 percent against independence in a vote that saw an unprecedented turnout. "Like millions of other people, I am delighted," Prime Minister David Cameron said in a speech outside 10 Downing Street on Friday morning. "It would have broken my heart to see our United Kingdom come to an end." Cameron promised new powers for Scotland in the wake of the vote, but also warned that millions of voices in England must also be heard, calling for a "balanced settlement" that would deliver more power to England, Wales and Northern Ireland.
(Somewhat related: according to a Reuters poll, one in four Americans want their state to secede from the union.)
Squiff writes U2 and Apple are apparently collaborating on a new, "interactive format for music," due to launch in "about 18 months." (A direct interview is available at Time, but paywalled.) Bono said the new tech "can't be pirated" and will re-imagine the role of album artwork. Marco Arment has some suitably skeptical commentary: "Full albums are as interesting to most people today as magazines. Single songs and single articles killed their respective larger containers. ... This alleged new format will cost a fortune to produce: people have to take the photos, design the interactions, build the animations, and make the deals with Apple. Bono’s talking point about helping smaller bands is ridiculous ... There's nothing Apple or Bono can do to make people care enough about glorified liner notes. People care about music and convenience, period. As for “music that can’t be pirated”, I ask again, what decade is this? That ship has not only sailed long ago, but has circled the world hundreds of times, sunk, been dragged up, turned into a tourist attraction, went out of business, and been gutted and retrofitted as a more profitable oil tanker."
jfruh writes Despite being largely manufactured in China, iPhones are still too expensive for most Chinese to afford — new ones, anyway. That's why thousands come to a bustling marketplace in Shenzen that specializes in older grey-market iPhones. Many of them are damaged phones that have been refurbished by enterprising merchants. From the story: "Reselling iPhones can be a lucrative business. The Shenzen mall, called Open World Communication City, is based in the Huaqiangbei district, which attracts buyers from around the world who come here to shop for cheap devices and components. But some of the business is shady. Earlier this year, a person who claimed to have worked at the mall posted pictures online showing how dealers can refurbish an iPhone 5 to make it look like an 5s."
MojoKid writes Facebook has become too crowded and too mundane. With around 1.3 billion Facebook users, it's understandable to be overwhelmed by everything and want to get away from it all. However, unlike Facebook which is looking to connect everyone to the internet, there is a new site called Netropolitan that focuses more on exclusivity and privacy. The site was founded by composer and former conductor of the Minnesota Philharmonic Orchestra James Touchi-Peters who wanted to provide a social media site for affluent and accomplished individuals. People wishing to join need only pay a mere $9,000 to join. Of that amount, $6,000 is the initiation fee and the remaining $3,000 is for the annual membership fee which users will continue to pay. So what does the initiation and annual fee get you? For starters, Netropolitan will offer an ad-free experience and will not promote any kind of paid promotions to its members. However, it will allow the creation of groups by businesses in which members can advertise to each other under certain guidelines.