CmdrTaco - Slashdot User

Tech Bubble? What Tech Bubble? 109

Posted by samzenpus on Monday May 25, 2015 @08:07AM from the shiny-bubbles dept.

HughPickens.com writes: Conor Dougherty writes in the NYT that the tech industry's venture capitalists — the financiers who bet on companies when they are little more than an idea — are going out of their way to avoid the one word that could describe what is happening around them: Bubble. "I guess it is a scary word because in some sense no one wants it to stop," says Tomasz Tunguz. "And so if you utter it, do you pop it?" In 2000, tech stocks crashed, venture capital dried up and many young companies were vaporized. Today, people see shades of 2000 in the enormous valuations assigned to private companies like Uber, with a valuation of $41 billion, and Slack, the corporate messaging service that is about a year old and valued at $2.8 billion in its latest funding round. A few years ago private companies worth more than $1 billion were rare enough that venture capitalists called them "unicorns." Today, there are 107 unicorns and while nobody doubts that many of tech's unicorns are indeed real businesses, valuations are inflating, leading some people to worry that investment decisions are being guided by something venture capitalists call FOMO — the fear of missing out.

With interest rates at historic lows, excess capital causes investment bubbles. The result is too much money chasing too few great deals. Unfortunately, overcapitalizing startups with easy money results in superfluous spending and dangerously high burn rates and investors are happy to admit that this torrid pace of investment has started to worry them. "Do I think companies are overvalued as a whole? No," says Sam Altman, president of Y Combinator. "Do I think too much money can kill good companies? Yes. And that is an important difference."

San Bernardino Sheriff Has Used Stingray Over 300 Times With No Warrant 104

Posted by samzenpus on Monday May 25, 2015 @05:01AM from the was-that-wrong? dept.

An anonymous reader writes: After a records request by Ars, the sheriff in San Bernardino County (SBSD) sent an example of a template for a "pen register and trap and trace order" application. The county attorneys claim what they sent was a warrant application template, even though it is not. The application cites no legal authority on which to base the request. "This is astonishing because it suggests the absence of legal authorization (because if there were clear legal authorization you can bet the government would be citing it)," Fred Cate, a law professor at Indiana University, told Ars. "Alternatively, it might suggest that the government just doesn't care about legal authorization. Either interpretation is profoundly troubling," he added. Further documents reveal that the agency has used a Stingray 303 times between January 1, 2014 and May 7, 2015.

Daimler and Qualcomm To Develop In-Car Tech, Wireless Charging 41

Posted by samzenpus on Monday May 25, 2015 @01:58AM from the if-you-charge-it-they-will-buy dept.

An anonymous reader writes: Car manufacturer Daimler announced a deal with mobile technology company Qualcomm to explore wireless mobile phone recharging in cars, as well as recharging electric vehicles without cables. The move is part of a push by Daimler, as well as rival carmakers BMW and Audi, to improve their status as high-tech carmakers. "It's important that we remain on the cutting edge of technology and continue to deliver unparalleled experiences to our customers," says Prof. Dr. Thomas Weber, Member of the Board of Management of Daimler AG responsible for Group Research and Mercedes-Benz Cars Development. "With this in mind, we are eager to jointly explore possible fields of future cooperation with an internationally leading tech firm like Qualcomm."

Submission + - San Bernardino sheriff has used stingray over 300 times with no warrant

Submitted by Anonymous Coward on Sunday May 24, 2015 @11:40PM

An anonymous reader writes: After a records request by Ars, the sheriff in San Bernardino County (SBSD) sent an example of a template for a "pen register and trap and trace order" application. The county attorneys claim what they sent was a warrant application template, even though it is not. The application cites no legal authority on which to base the request. "This is astonishing because it suggests the absence of legal authorization (because if there were clear legal authorization you can bet the government would be citing it)," Fred Cate, a law professor at Indiana University, told Ars. "Alternatively, it might suggest that the government just doesn’t care about legal authorization. Either interpretation is profoundly troubling," he added. Further documents reveal that the agency has used a Stingray 303 times between January 1, 2014 and May 7, 2015.

Greece Is Running Out of Money, Cannot Make June IMF Repayment 743

Posted by samzenpus on Sunday May 24, 2015 @10:57PM from the broker-than-broke dept.

jones_supa writes: Greece, the country which has been in extreme financial trouble and high debt for years, cannot make debt repayments to the International Monetary Fund (IMF) next month, unless it achieves a deal with creditors. 'The four installments for the IMF in June are €1.6 billion ($1.8 billion). This money will not be given and is not there to be given,' Interior Minister Nikos Voutsis told Greek Mega TV's weekend show. Shut out of bond markets and with bailout aid locked, cash-strapped Athens has been scraping state coffers to meet debt obligations and to pay wages and pensions. With its future as a member of the 19-nation eurozone potentially at stake, a second government minister accused its international lenders of subjecting it to slow and calculated torture.

Submission + - Daimler and Qualcomm to develop in-car tech, wireless charging

Submitted by Anonymous Coward on Sunday May 24, 2015 @08:56PM

An anonymous reader writes: Car manufacturer Daimler announced a deal with mobile technology company Qualcomm to explore wireless mobile phone recharging in cars, as well as recharging electric vehicles without cables. The move is part of a push by Daimler, as well as rival carmakers BMW and Audi, to improve their status as high-tech carmakers. "It's important that we remain on the cutting edge of technology and continue to deliver unparalleled experiences to our customers," says Prof. Dr. Thomas Weber, Member of the Board of Management of Daimler AG responsible for Group Research and Mercedes-Benz Cars Development. "With this in mind, we are eager to jointly explore possible fields of future cooperation with an internationally leading tech firm like Qualcomm."

Hubble Discovers a Fast-Aging Star Nicknamed "Nasty 1" 29

Posted by samzenpus on Sunday May 24, 2015 @07:57PM from the vanity-plate-ideas dept.

An anonymous reader writes: Using NASA's Hubble Space Telescope, Astronomers have uncovered surprising new clues about a large, rapidly aging star whose behavior has never been seen before. The star is so strange in fact that astronomers have nicknamed it "Nasty 1," a play on its catalog name of NaSt1. Wolf-Rayet stars like NaSt1 are typically large, rapidly evolving stellar bodies that form by shedding their hydrogen-filled outer layers quickly, exposing a bright hot, helium-burning core. Nasty 1 is unique because it contains a disk like structure. "We were excited to see this disk-like structure because it may be evidence for a Wolf-Rayet star forming from a binary interaction," said Jon Mauerhan of UC Berkeley, lead author on the new Nasty 1 paper. "There are very few examples in the galaxy of this process in action because this phase is short-lived, perhaps lasting only a hundred thousand years, while the timescale over which a resulting disk is visible could be only ten thousand years or less."

Submission + - NASA's Hubble discovers a fast-aging star, name it "Nasty 1"

Submitted by Anonymous Coward on Sunday May 24, 2015 @06:50PM

An anonymous reader writes: Using NASA’s Hubble Space Telescope, Astronomers have uncovered surprising new clues about a large, rapidly aging star whose behavior has never been seen before. The star is so strange in fact that astronomers have nicknamed it “Nasty 1,” a play on its cataloge name of NaSt1. Wolf-Rayet stars like NaSt1 are typically large, rapidly evolving stellar bodies that form by shedding their hydrogen-filled outer layers quickly, exposing a bright hot, helium-burning core. Nasty 1 is unique because it contains a disk like structure. “We were excited to see this disk-like structure because it may be evidence for a Wolf-Rayet star forming from a binary interaction,” said Jon Mauerhan of UC Berkeley, lead author on the new Nasty 1 paper. “There are very few examples in the galaxy of this process in action because this phase is short-lived, perhaps lasting only a hundred thousand years, while the timescale over which a resulting disk is visible could be only ten thousand years or less.”

Machine That "Uncooks Eggs" Used To Improve Cancer Treatment 39

Posted by samzenpus on Sunday May 24, 2015 @06:44PM from the closer-to-a-cure dept.

hypnosec writes: An Australian invention that gained attention for being able to "unboil" an egg has now been put to use in the treatment of cancer. The device has boosted the potency of a common cancer treatment drug, carboplatino, as much as four-and-a-half-times. ABC.net reports: "Flinders Centre for Innovation in Cancer director Professor Ross McKinnon said it meant a huge advance for cancer treatment. 'It gives us the promise of offering an alternative where we have more drug being delivered to the tumour and less drug being delivered to the rest of the body,' he said. 'That means less side-effects for the patient and hopefully a much better effect in terms of tumour response. What this group are doing is an example of one drug but we would hope we could extend this to many drugs.' The device can process proteins more efficiently than current methods, with possible big ramifications for the pharmaceuticals industry.

What AI Experts Think About the Existential Risk of AI 421

Posted by samzenpus on Sunday May 24, 2015 @05:32PM from the what-are-you-doing-dave? dept.

DaveS7 writes: There's been no shortage of high profile people weighing in on the subject of AI lately. We've heard warnings from Elon Musk, Bill Gates, and Stephen Hawking while Woz seems to have a more ambivalent opinion on the subject. The Epoch Times has compiled a list of academics in the field of AI research who are offering their own opinions. From the article: "A 2014 survey conducted by Vincent Müller and Nick Bostrom of 170 of the leading experts in the field found that a full 18 percent believe that if a machine super-intelligence did emerge, it would unleash an 'existential catastrophe' on humanity. A further 13 percent said that advanced AI would be a net negative for humans, and only a slight majority said it would be a net positive."

Microsoft Reportedly May Acquire BlackBerry 129

Posted by samzenpus on Sunday May 24, 2015 @04:21PM from the circle-of-business dept.

New submitter techtsp writes: Microsoft is just one one of many companies reportedly looking to get a bigger piece of the enterprise mobile market by buying BlackBerry. Reports claim that Chinese firms including Huawei, Lenovo and Xiaomi are also interested in picking up BlackBerry following the company's recent return to profitability. This report comes on the heels of BlackBerry announcing it is cutting jobs across its global business units in an attempt to consolidate its software, hardware and applications business.

India Ends Russian Space Partnership and Will Land On the Moon Alone 119

Posted by samzenpus on Sunday May 24, 2015 @03:10PM from the all-by-myself dept.

An anonymous reader writes: The Russian space program has experienced numerous accidents and delays recently, leading Indian officials to call into question its long term viability. Now India has decided to pull out of a partnership with Russia for a mission to the moon. According to the Examiner: "Previously, India was scheduled to launch a Russian lander on one of its rockets and send it to the lunar South Pole. Now, according to a story in Russia and India Report, India will go it alone, building its own lander to touch down on the lunar surface within the next few years.

Dell Precision M3800 Mobile Workstation Packs Thunderbolt 2, Quadro, IGZO2 Panel 133

Posted by samzenpus on Sunday May 24, 2015 @01:58PM from the running-the-numbers dept.

MojoKid writes: Dell recently revamped their M3800 model to better entice graphic designers, engineers, and other high-end users who often work in the field, with a true mobile workstation that's both sufficiently equipped to handle professional grade workloads and is thin and light to boot. Dell claims the M3800 is the "world's thinnest and lightest 15-inch mobile workstation" and at 4.15 pounds, it could very well be. In addition, ISV tools certifications matter for workstation types, so the M3800 gets its pixel pushing muscle from an NVIDIA Quadro K1100M GPU with 2GB of GDDR5 memory. Other notable specs include an Intel Core i7-4712HQ quad-core processor, 16GB of DDR3L memory, and a 256GB mSATA SSD. One of the new additions to the M3800 is a Thunderbolt 2 port with transfer speeds of up to 20Gbps that allows for the simultaneous viewing/editing and backing up of raw 4K video. Finally, the M3800 is equipped with a 3840x2160 native resolution IGZO2 display, which equates to a 60 percent increase in pixel density over a current gen MacBook Pro with Retina display. Performance-wise, the M3800 holds up pretty strong with standard productivity workloads, though as you can image it excels more-so in graphics rendering throughput.

Al-Qaeda's Job Application Form Revealed 149

Posted by samzenpus on Sunday May 24, 2015 @12:52PM from the get-a-job dept.

HughPickens.com writes: ABC News reports that the Office of the Director of National Intelligence has released a list of English-language material recovered during the raid the killed Osama bin Laden in Abbottabad, Pakistan in 2011 including one document dubbed "Instructions to Applicants," that would not be entirely out of place for an entry-level position at any American company – except for questions like the one about the applicant's willingness to blow themselves up. The questionnaire includes basic personal details, family history, marital status, and education level. It asks that applicants "answer the required information accurately and truthfully" and, "Please write clearly and legibly." Questions include: Is the applicant expert in chemistry, communications or any other field? Do they have a family member in the government who would cooperate with al Qaeda? Have they received any military training? Finally, it asks what the would-be jihadist would like to accomplish and, "Do you wish to execute a suicide operation?" For the final question, the application asks would-be killers that if they were to become martyrs, who should al Qaeda contact?

The corporate tone of the application is jarringly amusing, writes Amanda Taub, but it also hints at a larger truth: a terrorist organization like al-Qaeda is a large bureaucratic organization, albeit one in the "business" of mass-murdering innocent people. Jon Sopel, the North American editor from BBC News, joked that the application "looks like it has been written by someone who has spent too long working for Deloitte or Accenture, but bureaucracy exists in every walk of life – so why not on the path to violent jihad?"

Google and Gates-Backed Khan Academy Introduces "Grit"-Based Classroom Funding 119

Posted by samzenpus on Sunday May 24, 2015 @11:46AM from the effort-counts dept.

theodp writes: Their intentions are no doubt good, but some will be troubled by Google and Khan Academy's recently-concluded LearnStorm initiative, which pitted kids-against-kids, schools-against-schools, and cities-against-cities in a 3-month learning challenge for prizes based not only on students' mastery of math skills on Khan Academy, but also their perceived 'hustle' (aka 'grit'). "Points are earned by mastering math skills and also for taking on challenging new concepts and persevering," explained a Khan Academy FAQ. A blog entry further explained, "They've earned points and prizes not only for mastering math skills but also for showing 'hustle,' a metric we created to measure grit, perseverance, and growth. They competed over 200,000 hours of learning and 13.6 million standards-aligned math problems. In addition, thanks to the generosity of Google.org, DonorsChoose.org, and Comcast's Internet Essentials, 34 underserved schools unlocked new devices for their classrooms and free home internet service for eligible families, increasing student access to online learning tools like Khan Academy." Apparently funded by a $2 million Google grant, the Google, Khan Academy, and DonorsChoose grit-based classroom funding comes on the heels of the same organizations' gender-based classroom funding initiative. Supported by some of the world's wealthiest individuals and corporations, Khan Academy's Board members include a Google Board member (Diane Green), spouse of a Google Board member (Ann Doerr), and the Managing Partner of Bill Gates' bgC3 (Larry Cohen); former Board members include Google Executive Chairman Eric Schmidt.

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