Netflix Confirms Deal For Access To Verizon's Network
This is about monopoly pricing and you will pay the price.
Verizon already charges consumers the most they can. They have maximized the revenue flow from consumers.
Now they want to charge content providers for access to their users. A whole new source of incremental revenue.
This has nothing to do with the cost of providing service. This is all about maximizing revenue. There is NO benefit to the consumer other than Verizon will provide the service they already paid for. Consumer bills will not be reduced since the consumer is already willing to pay it. But the cost of services like Netflix will increase. So there will be a net increase in wealth transfer from consumers to the shareholders of Verizon and ATT.
It will mean that content providers will no longer be able to buy bandwidth from one source. They will need to make deals with every ISP. It is exactly like every road becoming a toll road.
The actual cost of data center to data center bandwidth is shockingly low. I buy bandwidth for our data center and the stated arguments from Verizon to justify the new toll rings hollow. The new charges are not to upgrade equipment. That costs very little. It is just a new revenue source.
AT&T's Gigabit Smokescreen
Verizon Fios works great... As long as you dont want to watch Netflix...
If you actually want to make use of all those megabits you bought, then well...
Our Netflix has been rebuffing more and more, even with a direct wired connection between the player and the router.
Bitcoin Inventor Satoshi Nakamoto Outed By Newsweek
Hugely disappointed it that is just some old slightly crazy geezer.
It would make a great sci-fi story if it was really a rouge AI that became incredibly powerful by redefining the concept of money in a way that it could create at will. It would create a new empire without anyone realizing that it was not actually human.
Ask Slashdot: Best Way To Destroy Hard Drives?
Works great. 3-4 holes drilled through the drive will make it impractical to recover.
Make sure you clean up the shavings. A shop vac is fine.
NASA May Drop Ares I-Y Test Flight
NASA is paralized by its own size and poltical bagage.
Space should be explored and public money should go to help fund it, but by people not afraid to try new things and maybe die in the process.
People are going to die, while exploring space, just like every other new environemnt. I dont see anything wrong with that. It is still worth doing.
Congress Mulls Research Into a Vehicle Mileage Tax
Just wait until someone sells a box that spoofs the gps signal and tells your tracker that you never left the parking spot.
It might be a problem for any aircraft on final approach...
Paul Wilmott Wants To Retrain and Reform Wall Street's Quants
Betting too large on any trading system will gurentee that you blow out your account.
Hardest part is controling the emotions of greed and fear. When things are working, it is temping to make bigger bets. If the bets are too large, they will wipe out the account, or even fund when the natural and normal losses hit.
Risk Managment often goes out the window during good times.
Lawsuit Says Google's Sale of Keywords Is Illegal
Just another way that lawyers can put money in their pocket at the expense of someone else.
That is the ONLY function the civil court system performs well.
There is really no point to work to earn money. Some lawyer to just make up some reason to take it from you.
It is a completely corrupt system that exists only to enrich members of the bar. More people have to understand that it is nothing like on TV. Every lawyer I have met is selfish, small minded and greedy.
NYCL Responds to RIAA Accusations
Some lawyers are just bitter, evil people that believe that there is always someone to blame for every problem is everyone owes them something.
There is no defense against such evil. Engaging them on their own turf is ruinously expensive and drains the joy out of life. The rules are made by lawyers for the benefit of lawyers. The whole system is designed to make money for lawyers at the expense of everyone else.
Dealing with such people brings violent fantasies of making them choke on their own lies and hearing them scream while their kneecaps are drilled out.