jfruh writes "On the day of the Facebook IPO, the NASDAQ's trading systems suffered multiple failures and couldn't confirm buy orders for several hours. Big banks buying shares for their funds and customers placed multiple orders as a result, and bought more Facebook stock than they intended to as a result. NASDAQ has agreed to set up a fund to compensate them for their losses, but apparently this isn't enough for Swiss bank UBS, which is threatening legal action."

ananyo writes "Physicists, chemists and mathematicians in the UK are campaigning against their chief public funder (EPSRC) over reforms that they say threaten blue-skies research, kicking off their protest by toting a coffin to the Prime Minister in Downing Street. The reforms are a response to declining budgets and political pressure to focus science on areas that will produce economic benefits for the UK. Last month, over 2000 Canadian scientists marched to Parliament Hill with a coffin to protest against the Harper government's cuts to basic research and scientific facilities, which they believe undermine the quality of scientific evidence in government. With budget cuts to science expected in the U.S., is it time for scientists in U.S. — and perhaps elsewhere — to think about getting their retaliation in first and ready their coffins?"

jrepin writes "KDE announces 4.9 releases of Workspaces, Applications, and Development Platform. Version 4.9 provides many new features, along with improved stability and performance. Some of the highlights include, but are not limited to: more thorough integration of Activities throughout the Workspaces, ability to display metadata (ratings, tags, image and file sizes...) next to file names in Dolphin file manager, Mercurial versioning system support in Dolphin, detachable tabs in Konsole terminal emulator, support for MPRIS2 protocol in various places, ability to store and print PDF annotations from Okular document viewer, Okular can also play videos embedded in PDFs, Lokalize translation tool supports Qt's TS translation files, Kontact PIM suite gains ability to import data from Thunderbird and Evolution, Pairs is a new memory training game added to KDE Education package, and Marble desktop globe includes Open Source Routing Machine and support for bicycle and pedestrian routing. This release is dedicated to the memory of recently deceased KDE contributor Claire Lotion."

DavidGilbert99 writes "NBC is the sole broadcaster of the London 2012 Olympics in the U.S., having paid $1.1bn for the privilege. While NBC is providing live streaming through its website, you need to have a valid cable subscription in order to view the events. This has seen many tech savvy U.S. viewers turning to proxy servers to view the BBC's Olympic coverage, which doesn't need any sign-in to view — once your IP address looks like it is coming from the UK. One provider of VPN services has seen a ten-fold increase in new customers signing up for their services since last Friday."

An anonymous reader writes "One day after word leaked out that Nokia is shutting down its Qt Australia office, which is responsible for Qt3D, QtDeclarative, QtLocation, QtMultimedia, QtSensors, and QtSystems, reports are beginning to surface that Nokia is trying to sell off all Qt assets." Seems like selling itself to Nokia wasn't the best option for Trolltech after all.

Hugh Pickens "For decades sports-event organizers have placed speakers behind athletes to convey the sound of an actual pistol but they found that even though the noise came through the speakers all at once, athletes continued to wait for the 'real' sound, ignoring the sounds that came through the speakers ever-so-slightly slowing down the farthest athlete from the gun. Now Rebecca Rosen writes that when the Olympic runners take to their positions on the track later this week, they'll crouch on the ground, ears pricked, and wait for the starting beep played by a 'pistol' that's not a pistol at all, but something more akin to an electronic instrument with only one key. The pistol itself is silent." Read on for a bit more about the difficulties of timing people with superhuman reaction times.

Trepidity writes "United States Navy Admiral and Chief of Naval Operations Jonathan Greenert stirred a controversy by questioning much of the thinking underlying current U.S. defense technology. He argues that stealth technology is unlikely to retain its usefulness much into the future, and so focus should switch towards standoff weapons. In addition, he criticizes the focus on expensive all-in-one platforms such as the F-35 fighter, arguing for a payload-centric, flexible approach he compares to trucks rather than luxury cars."

EA and BioWare announced today that Star Wars: The Old Republic will be getting a free-to-play option later this year. Players using the F2P option will be able to reach the level cap and play through the full class stories, but their access will be limited for other parts of the game; they will only be able to play a certain number of Warzones (their PvP battlegrounds), Flashpoints (their instanced dungeons), and space missions each week. Access to travel functionality and the game's auction house will be limited as well. F2P players won't be able to participate in Operations, the end-game raids. Subscribers will retain access to all of these features. There will also be cosmetic items sold through the 'Cartel Market' using a virtual currency.

The Bad Astronomer writes "The White House budget for NASA in 2013 is bleak, with big cuts in many areas. None is worse hit than planetary exploration, which got slammed with a 20% reduction. Several top-notch space scientists have taken matters into their own hands, looking to create a privately-funded alternative for space exploration. Called Uwingu — Swahili for 'sky' — they're hoping to get seed money to create a program which can generate millions in donations to explore our solar system. Astronomer Pamela Gay has more info at her blog, Star Stryder."

gbrumfiel writes "Billionaire Internet entrepreneur Yuri Milner has spontaneously awarded $3 million prizes to nine prominent theoretical physicists. The new Fundamental Physics Prize dwarfs awards like the Nobel, which this year is estimated to be worth some $1.2 million (and that's before it's split by up to three winners). It's so much money that some theorists fear it could distort the field. Milner says that his only purpose for the new prize was to promote the field, which he studied in the 1980s: 'The intention was to say that science is as important as a shares rating on Wall Street,' he told Nature."

postermmxvicom writes "I have a friend who is a mechanic, but enjoys tinkering with software and hardware as a hobby. I want to get him a gift that will either broaden his horizons or deepen his understanding in these fields. He is proficient at soldering components and removing them from circuit boards. His programming experience is with a wide variety of scripting languages. He recently used teensy and arduino boards and an accelerometer to add some bells and whistles to a toy car he made. He also used his knowledge to help a friend find and correct weaknesses in his shareware (that would have let 'customers' share more freely than intended). He is fascinated that people can create chips to modify existing hardware. Do you know of any good books or kits (or even tools of the trade) that would appeal to a hobbyist and allow him to grow? Is there anything that might also play off of his handyman/mechanic abilities?"

dsinc writes "It's not just Mint: Fedora will also feature MATE in their upcoming release (Fedora 18). According to Fedora's Dan Mashal, 'many users have expressed interest in this feature since Fedora 15 in which Fedora was switched from GNOME 2 to GNOME 3.'" This follows shortly after news that MATE 1.4 has been released. New features includes file sharing over bluetooth, updated backends for mate-keyring and libmatekeyring, new themes for the notification daemon, and improvements to the Caja file manager. MATE is being included in Sabayon as well.

redletterdave writes "In 2008, then-Illinois Sen. Barack Obama decided to announce his running mate, then-Delaware Sen. Joe Biden, over a text message, which was sent out to Obama's legions of followers. Four years later, Massachusetts Gov. Mitt Romney, the likely presidential nominee from the Republican Party, has decided to make his VP announcement over a smartphone app. On Tuesday, Mitt Romney's campaign team launched a smartphone app called 'Mitt's VP,' which promises app users will be the first to know the official news of Romney's running mate for the November election. Once Romney makes his decision, he will announce the news over the app, which will alert smartphone owners with a text notification."

An anonymous reader writes "A teenager from Dorset, England was arrested for sending a Twitter message to Olympic athlete Tom Daley saying: 'You let your dad down i hope you know that.' Police arrested the 17-year-old boy as part of an investigation into 'malicious tweets' after Daley and his teammate missed out on a medal. Daley's father died from cancer last year. While it is rarely used and the police have not indicated whether they are pressing charges, the Communications Act 2003 s.127 covers the sending of improper messages. Section 127(1)(a) relates to a message that is grossly offensive or of an indecent, obscene or menacing character. Sean Duffy was convicted and sentenced earlier this year for similar comments. I look forward to tens of thousands of arrests across England over the next few days as all public remarks which may cause offense, regardless of their target, are investigated by the law." According to the Guardian, another (since deleted) tweet threatened Daley with drowning, but the law doesn't require threats of violence for an arrest to be made.

Hugh Pickens writes "BBC reports that a massive power breakdown has hit India for a second day running, leaving more than half the country without power as the northern and eastern grids have both collapsed. The breakdown has hit a large swathe of the country including Delhi, Punjab, Haryana, Uttar Pradesh, Himachal Pradesh and Rajasthan states in the north, and West Bengal, Bihar, Orissa and Jharkhand in the east. Power cuts are a common occurrence in Indian cities because of a fundamental shortage of power and an aging grid. The chaos caused by such cuts has led to protests and unrest on the streets but the collapse of an entire grid is rare — the last time the northern grid failed was in 2001. India's demand for electricity has soared in recent years as its economy has grown but its power infrastructure has been unable to meet the growing needs. In the weeks leading up to the failure, extreme heat had caused power use to reach record levels in New Delhi and on July 30 a line feeding into the Agra-Bareilly transmission section, the 400-kV Bina-Gwalior line, tripped, triggering the collapse. The second grid collapse occurred on 31 July as the Northern, Eastern and North-Eastern power grids of India tripped/failed causing power blackout in 19 states across India. The crisis was allegedly triggered after four states — Rajasthan, Haryana, Punjab and UP — drew much more than their assigned share of power."