Archive for May, 2012
JPMorgan Loses $2 Billion
May 11th, 2012Update: Fitch Downgrades JPMorgan Chase Via: CNN: The closing bell brought no relief for JPMorgan Chase on Friday, as a major credit rating agency moved to downgrade its debt almost exactly 24 hours after the bank revealed a $2 billion trading loss. Fitch Ratings downgraded both JPMorgan’s short-term and long-term debt, with the latter falling […]
Banks Prepare for the Return of the Drachma
May 11th, 2012Via: Reuters: Banks are quietly readying themselves to start trading a new Greek currency. Some banks never erased the drachma from their systems after Greece adopted the euro more than a decade ago and would be ready at the flick of a switch if its debt problems forced it to bring back national banknotes and […]
Finally: BioLite Campstoves Up for Preorder
May 11th, 2012Too bad there’s no affiliate program… Via: BioLite: Availability: New Orders ship in July.
Backdoors in RuggedCom Networking Equipment
May 11th, 2012Via: Wired: A Canadian company that makes equipment and software for critical industrial control systems planted a backdoor login account in its flagship operating system, according to a security researcher, potentially allowing attackers to access the devices online. The backdoor, which cannot be disabled, is found in all versions of the Rugged Operating System made […]
Cryptogon Requesting Responses from Qualified Individuals to NANOR Device and Data
May 10th, 2012See: MIT Professor Has Been Running LENR Device Outputting Excess Heat That’s 14X Input Power Since January
Microsoft Bans Firefox on ARM-Based Windows
May 10th, 2012Via: Cnet: Raising the specter of last-generation browser battles, Mozilla launches a publicity campaign to seek a place for browsers besides IE on Windows devices using ARM chips. Stop me if you’ve heard this one before: Microsoft muscles aside other browsers and cements the dominance of Internet Explorer. The browser market, deprived of competition, stagnates. […]
Military Training in the Middle of Miami Jolts Residents Out of Bed
May 10th, 2012Via: Miami Herald: No, there was no smell of napalm in the morning. But there was the thunderous whump whump of low-flying helicopters, and even the jarring blast of explosions at the abandoned Grand Bay Hotel in Coconut Grove early Tuesday during a military training exercise that jolted many unsuspecting residents from their beds. … […]
Moscow: Hundreds Arrested
May 10th, 2012Via: Moscow Times: As Moscow gears up to celebrate its victory in World War II, 67 years ago Wednesday, the shadow of political conflict shrouds the capital as hundreds of arrests cloud Victory Day festivities. ?? Police said over 200 arrests were made Tuesday and overnight Wednesday on the eve of the anniversary, including repeat […]
Fed Clears China’s First U.S. Bank Takeover
May 10th, 2012Via: AFP: The United States on Wednesday opened its banking market to ICBC, China’s biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to […]
Queen Unveils Draft Internet Super-Snoop Bill
May 9th, 2012Via: Register: The Queen has detailed the government’s upcoming programme of law-making on a grey day darkened by the gloom of a double-dip recession and plans to massively increase surveillance of the internet in the UK. Opening the new session of Parliament, Her Majesty confirmed on Wednesday that “draft clauses” would be introduced to allow […]
