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  • Apple 1 Sells At Auction For $905,000

    Dave Knott writes One of the few remaining examples of Apple Inc's first pre-assembled computer, the Apple 1, sold for $905,000 at an auction in New York on Wednesday. The final price outstrips expectations, as auction house Bonhams had said it expected to sell the machine, which was working as of September, for between $300,000 and $500,000. The buyer was The Henry Ford organization, which plans to display the computer in its museum in Dearborn, Michigan. Only 63 surviving authentic Apple 1's were listed in an Apple 1 Registry as of January out of the 200 that were built. The auctioned computer is thought to be one of the first batch of 50 Apple-1 machines assembled by Apple co-founder Steve Wozniak in Steve Job's family garage in Los Altos, California in the summer of 1976. It is also believed to be one of only 15 that still have functioning motherboards. That's a bit more beastly than the original price.

    46 comments | 1 hour ago

  • Ello Formally Promises To Remain Ad-Free, Raises $5.5M

    Social media site Ello is presented as the anti-Facebook, promising an ad-free social network, and that they won't sell private data. Today, they've also announced that Ello has become a Public Benefit Corporation, and that the site's anti-advertising promise has been enshrined in a corporate charter. The BBC reports on the restrictions that Ello has therefore entered into, which mean the site cannot, for monetary gain,

    1. Sell user-specific data to a third party
    2. Enter into an agreement to display paid advertising on behalf of a third party; and
    3. In the event of an acquisition or asset transfer, the Company shall require any acquiring entity to adopt these requirements with respect to the operation of Ello or its assets.

    While that might turn off some potential revenue flows (the company says it will make money by selling optional features), as the linked article points out, it hasn't turned off investors; Ello has now raised $5.5 million from investors.

    96 comments | 2 hours ago

  • Judge Says EA Battlefield 4 Execs Engaged In "Puffery," Not Fraud

    DemonOnIce writes with a story, as reported by Ars Technica, that a federal judge in San Francisco has dismissed a proposed securities fraud class action lawsuit connected to Battlefield 4's bungled rollout. From the report: EA and several top executives were sued in December and were accused of duping investors with their public statements and concealing issues with the first-person shooter game. The suit claimed executives were painting too rosy of a picture surrounding what ultimately would be Battlefield 4's disastrous debut on various gaming consoles beginning last October, including the next-generation Xbox One. But US District Judge Susan Illston of San Francisco said their comments about EA and the first-person shooter game were essentially protected corporate speak. "The Court agrees with defendants that all of the purported misstatements are inactionable statements of opinion, corporate optimism, or puffery," Illston ruled Monday.

    89 comments | yesterday

  • NPR: '80s Ads Are Responsible For the Lack of Women Coders

    gollum123 writes: Back in the day, computer science was as legitimate a career path for women as medicine, law, or science. But in 1984, the number of women majoring in computing-related subjects began to fall, and the percentage of women is now significantly lower in CS than in those other fields. NPR's Planet Money sought to answer a simple question: Why? According to the show's experts, computers were advertised as a "boy's toy." This, combined with early '80s geek culture staples like the book Hackers: Heroes of the Computer Revolution, as well as movies like War Games and Weird Science, conspired to instill the perception that computers were primarily for men.

    740 comments | 2 days ago

  • Safercar.gov Overwhelmed By Recall For Deadly Airbags

    darylb writes "The NHTSA's safercar.gov website appears to be suffering under the load of recent vehicle recalls, including the latest recall of some 4.7 million vehicles using airbags made by Takata. Searching recalls by VIN is non-responsive at present. Searching by year, make, and model hangs after selecting the year. What can sites serving an important public function do to ensure they stay running during periods of unexpected load?" More on the airbag recall from The New York Times and the Detroit Free Press.

    119 comments | 2 days ago

  • Speed Cameras In Chicago Earn $50M Less Than Expected

    countach44 writes that (in the words of the below-linked article) "Chicagoans are costing the city tens of millions of dollars — through good behavior." The City of Chicago recently installed speed cameras near parks and schools as part of the "Children's Safety Zone Program," claiming a desire to decrease traffic-related incidents in those area. The city originally budgeted (with the help of the company providing the system) to have $90M worth of income from the cameras — of which only $40M is now expected. Furthermore, the city has not presented data on whether or not those areas have become safer.

    391 comments | 2 days ago

  • Facebook To DEA: Stop Using Phony Profiles To Nab Criminals

    HughPickens.com writes: CNNMoney reports that Facebook has sent a letter to the U.S. Drug Enforcement Administration demanding that agents stop impersonating users on the social network. "The DEA's deceptive actions... threaten the integrity of our community," Facebook chief security officer Joe Sullivan wrote to DEA head Michele Leonhart. "Using Facebook to impersonate others abuses that trust and makes people feel less safe and secure when using our service." Facebook's letter comes on the heels of reports that the DEA impersonated a young woman on Facebook to communicate with suspected criminals, and the Department of Justice argued that they had the right to do so. Facebook contends that their terms and Community Standards — which the DEA agent had to acknowledge and agree to when registering for a Facebook account — expressly prohibit the creation and use of fake accounts. "Isn't this the definition of identity theft?" says privacy researcher Runa Sandvik. The DEA has declined to comment and referred all questions to the Justice Department, which has not returned CNNMoney's calls.

    231 comments | 2 days ago

  • An Algorithm to End the Lines for Ice at Burning Man

    Any gathering of 65,000 people in the desert is going to require some major infrastructure to maintain health and sanity. At Burning Man, some of that infrastructure is devoted to a supply chain for ice. Writes Bennett Haselton, The lines for ice bags at Burning Man could be cut from an hour long at peak times, to about five minutes, by making one small... Well, read the description below of how they do things now, and see if the same suggested change occurs to you. I'm curious whether it's the kind of idea that is more obvious to students of computer science who think algorithmically, or if it's something that could occur to anyone. Read on for the rest; Bennett's idea for better triage may bring to mind a lot of other queuing situations and ways that time spent waiting in line could be more efficiently employed.

    329 comments | 3 days ago

  • Developers, IT Still Racking Up (Mostly) High Salaries

    Nerval's Lobster (2598977) writes Software development and IT remain common jobs among those in the higher brackets, although not the topmost one, according to a new study (with graph) commissioned by NPR. Among those earning between $58,000 and $72,000, IT was the sixth-most-popular job, while software developers came in tenth place. In the next bracket up (earning between $72,000 and $103,000), IT rose to third, with software development just behind in fourth place. As incomes increased another level ($103,000 to $207,000), software developers did even better, coming in second behind managers, although IT dropped off the list entirely. In the top percentile ($207,000 and above), neither software developers nor IT staff managed to place; this is a segment chiefly occupied by physicians (in first place), managers, chief executives, lawyers, and salespeople who are really good at their jobs. In other words, it seems like a good time to be in IT, provided you have a particular skillset. If those high salaries are in Silicon Valley or New York, though, they might not seem as high as half the same rate would in Omaha, or Houston, or Raleigh.

    193 comments | 3 days ago

  • IBM Pays GlobalFoundries $1.5 Billion To Shed Its Chip Division

    helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

    84 comments | 3 days ago

  • Robot SmackDowns Wants To Bring Robot Death Matches To an Arena Near You

    Business Insider profiles Andrew Stroup, Gui Cavalcanti and Matt Oehrlein, who are trying to get off the ground a robot competition league, called Robot SmackDowns. The idea, as you might guess from the name, is to showcase violence and drama to draw on the crowd-appeal of wrestling, NASCAR, and monster truck rallies: this is definitely not Dean Kamen's FIRST — it's giant mechanical beasts shooting at and otherwise trying to destroy each other. And it's not quite right to call them robots in the usual sense; they're more like mecha: "In a MegaBots battle, a two-member team sits inside the bot's upper torso, where the controls systems are housed. Although the co-founders assure me that the pilot and gunner are well protected inside, the situation presents a heightened suspense. Each 15,000-pound robot is equipped with six-inch cannons inside its arms that fire paint-filled missiles and cannon balls at 120 miles per hour. Good aim can cause enough damage to jam its opponent's weapons system or shoot off a limb." They'll be launching a Kickstarter campaign soon; according to the article, "Assuming it raises enough money to build a fleet, [the company's] plan is to take the bots on the road. They will tour the country, face off in epic battles against other MegaBots, and build a fan base. Stroup says (without giving specifics) networks have reached out and will closely watch how MegaBot, Inc.'s upcoming Kickstarter campaign performs. The possibilities for distribution seem endless, though the team is tight-lipped about the exact direction it's headed."

    82 comments | 4 days ago

  • Kickstarter Cancels Anonabox Funding Campaign

    An anonymous reader writes: On Friday, the controversy surrounding Anonabox reached its zenith with Kickstarter officially canceling the project's funding campaign. Anonabox began with a modest goal of $7,500, but quickly reached its goal 82 times over. Then funders and interested parties began to scrutinize the project's claims, and that's when the project ran into trouble. From hardware that wasn't actually custom-made to software that didn't actually fulfill promises of privacy-focused routing on the internet, the facts regarding Anonabox proved that it was in blatant violation of Kickstarter's rules against false advertising. This project clearly failed, but if the support it initially garnered is any indication, the public is hungry for easy-to-use technology that encrypts and anonymizes all personal internet traffic.

    75 comments | 5 days ago

  • Bill Gates: Piketty's Attack on Income Inequality Is Right

    New submitter rvw sends word that Bill Gates has posted a review of Capital in the Twenty-First Century, an acclaimed book by economist Thomas Piketty about how income equality is a necessary result of unchecked capitalism. Gates, one of the most successful capitalists of our time, agrees with Piketty's most important conclusions. That said, he also finds parts of the book to be flawed and incomplete, but says Piketty has started vital debate on these issues. Gates writes, Yes, some level of inequality is built in to capitalism. As Piketty argues, it is inherent to the system. The question is, what level of inequality is acceptable? And when does inequality start doing more harm than good? That's something we should have a public discussion about, and it's great that Piketty helped advance that discussion in such a serious way. ... I agree that taxation should shift away from taxing labor. It doesn't make any sense that labor in the United States is taxed so heavily relative to capital. It will make even less sense in the coming years, as robots and other forms of automation come to perform more and more of the skills that human laborers do today. But rather than move to a progressive tax on capital, as Piketty would like, I think we'd be best off with a progressive tax on consumption.

    836 comments | about a week ago

  • Anonabox Accused of Lying About Its Product Being Open-Source On Kickstarter

    blottsie writes The "anonabox" has raised more than $550,000 on Kickstarter in only three days. But some believe the company's claims that the router-like device, which is said to automatically route users' Internet traffic through Tor, is entirely open-source are false. Anonabox developer August Germar tells the Daily Dot, however, that the device was commissioned specifically to run their code.

    72 comments | about a week ago

  • HBO To Offer Online Streaming Without TV Subscription

    An anonymous reader writes By now, everyone not living in total isolation knows that HBO has announced plans to offer content streaming in 2015 with no TV subscription requirements. Many wonder what took HBO so long to make this transition. Some speculate that the growing unpopularity of ISP giants has shifted bargaining power in HBO's favor. Others say that it's purely maths; there are more cord-cutters and more people willing to shell out money for specific content, as evidenced by Netflix surpassing HBO in earnings this year "despite Netflix having a smaller customer base". Whatever the reason, all are expecting this development to induce "more content providers to make their shows more readily available online".

    139 comments | about a week ago

  • The Great Robocoin Rip-off

    FhnuZoag writes: Last year, Andrew Wilkinson, founder of MetaLab, bought a Robocoin Bitcoin ATM, figuring it would be a fun little side project and a good way to help move Bitcoin forward. It did not quite turn out that way. He has now written a timeline of the 10-month, $25,000(CAD) struggle. In short: there was a massive shipping delay, a $2,000 charge to clear customs, no knowledge base, unhelpful support, and the ATM itself flat out didn't work.

    117 comments | about a week ago

  • "Double Irish" Tax Loophole Used By US Companies To Be Closed

    An anonymous reader writes: The Irish Finance Minister announced on Tuesday that Ireland will no longer allow companies to register in Ireland unless the companies are also tax resident. This will effectively close off the corporate tax avoidance scheme known as the "Double Irish" used by the likes of Google, Apple, and Facebook to route their earnings through their Irish holdings in order to garner an effective tax rate of, as in Google FY2013, 0.16%. Ireland's new policy will take effect in 2015 for new companies. "For existing companies, there will be provision for a transition period until the end of 2020."

    259 comments | about a week ago

  • Too Much Privacy: Finnish Police Want Big Euro Notes Taken Out of Circulation

    jones_supa writes The Finnish Police are concerned that larger banknotes, namely the €200 and €500 banknotes, encourage criminal activity and should therefore be removed from Finnish cash circulation. Markku Ranta-aho, head of the Money Laundering Clearing House of Finland, says criminals prefer cash because it is harder for police to track. In contrast, a record of electronic money transfers remains in the banking system, which makes the police's job considerably easier. Ranta-aho also says citizens rarely use the larger banknotes anyway, with which The Bank of Finland's advisor Kari Takala agrees. However, The Bank of Finland is skeptical about the ability of a ban on €500 banknotes to eliminate underground labor and trade in Finland. Takala suggests criminals would just switch to smaller bills. More illegal transactions take place via bank transfers, he says.

    314 comments | about two weeks ago

  • Netflix To Charge More For 4K Video

    Mr D from 63 points out that watching Netflix in Ultra high-definition is going to cost you a little extra per month. A higher-resolution, 4K stream from Netflix will cost more. The company has boosted its monthly price for streaming ultrahigh-definition television and movies to $11.99 per month, citing the higher expenses associated with that content. In May, Netflix announced that its original series, such as House of Cards, would be available to stream in the 4K format, which offers roughly four times the resolution of current high-def TVs.

    158 comments | about two weeks ago

  • Google Rejects 58% of "Right To Be Forgotten" Requests

    gurps_npc writes CNN Money has a short, interesting piece on the results of Google implementing Europe's "Right to be Forgotten." They are denying most requests, particularly those made by convicted criminals, but are honoring the requests to remove salacious information — such as when a rape victim requested the article mentioning her by name be removed from searches for her name. "In evaluating a request, we will look at whether the results include outdated or inaccurate information about the person," Google said. "We'll also weigh whether or not there's a public interest in the information remaining in our search results -- for example, if it relates to financial scams, professional malpractice, criminal convictions or your public conduct as a government official."

    144 comments | about two weeks ago

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