Norwegian traders convicted for outsmarting US stock broker algorithm

The Norwegian traders, Svend Egil Larsen and Peder Veiby, were handed suspended prison sentences and fines for market manipulation after outsmarting the trading system of Timber Hill, which is a unit of US-based Interactive Brokers. The two men managed to work out how the computerised system would react to certain trading patterns. This allowed them Read more about Norwegian traders convicted for outsmarting US stock broker algorithm[…]

Why patents suck: Rollover image on your website? That will be $80,000 (please)

Dear website owner, congratulations on your excellent site, which includes features covered by our registered patent, #5,251,294. As the description indicates, many of the components on your pages, particularly your menus, rollover images, and shortcuts, are detailed in our claim. We would be delighted to lease these to you at a reasonable royalty rate of Read more about Why patents suck: Rollover image on your website? That will be $80,000 (please)[…]

WikiLeaks funding has been blocked. Claims US / AU government blacklisting is the cause.

Moneybookers, a British-registered internet payment company that collects WikiLeaks donations, emailed the organisation to say it had closed down its account because it had been put on an official US watchlist and on an Australian government blacklist.The apparent blacklisting came a few days after the Pentagon publicly expressed its anger at WikiLeaks and its founder, Read more about WikiLeaks funding has been blocked. Claims US / AU government blacklisting is the cause.[…]

In Ireland, law is not made by big companies

UPC, one of Ireland’s largest internet service providers, has won a major legal victory against four of the world’s most powerful record companies over the much-contested issue of online music piracy. The High Court in Dublin ruled today that there was no precedent in Irish law to force ISPs to identify and disconnect people accused Read more about In Ireland, law is not made by big companies[…]

BLADE – Block All Drive-by Download Exploits

BLADE is a new Windows immunization system that prevents surreptitious drive-by download exploits from infecting vulnerable Windows hosts. BLADE is implemented as a series of kernel extensions, which interrupt the covert binary installation phase of current malware drive-by exploits. Ie. it checks if you authorised the download and execution of a file. via BLADE – Read more about BLADE – Block All Drive-by Download Exploits[…]

Nano-Gyroscopes Will Let Cell Phones Navigate Indoors, Underground

Israeli researchers have created the tiniest-ever optical gyroscopes, as small as a grain of sand, but still maintaining the keen accuracy of their counterparts hundreds of times larger. Optical gyroscopes are generally used for navigation in airplanes, ships and satellites, in which they track movement without reference to external navigation points, by measuring the vehicle’s Read more about Nano-Gyroscopes Will Let Cell Phones Navigate Indoors, Underground[…]

Seamlessly joining multiple projectors

This isn’t so easy to do. There are a few different options: 1) The software route Open Source VVVV vvvv is a graphical programming environment for easy prototyping and development. It is designed to facilitate the handling of large media environments with physical interfaces, real-time motion graphics, audio and video that can interact with many Read more about Seamlessly joining multiple projectors[…]

One Shot program – auto aiming for snipers

Lockheed Martin’s objective is to deliver 15 field-testable and hardened prototype systems by October 2011 that provides the capability to profile downrange crosswind and range to target in near real time, at longer ranges, and improved probability of a first round hit. The system’s integrated spotter scope ISS should measure crosswinds, maximum effective range of Read more about One Shot program – auto aiming for snipers[…]

Toshiba to launch no-glasses 3D TV this year

oshiba will offer a 12-inch model and a 20-inch model. They’ll cost around ¥120,000 (US$1,430) and ¥240,000 respectively. Toshiba didn’t announce launch or pricing plans for markets outside of Japan. … Behind this lens screen is a custom-developed LCD (liquid crystal display) panel. Each screen has 8.29 million pixels — four times the number of Read more about Toshiba to launch no-glasses 3D TV this year[…]