Timothy Geithner Heads to Private Equity Firm Warburg Pincus

November 16th, 2013

Via: Politico:

Former Treasury Secretary Timothy Geithner, a trusted lieutenant to President Barack Obama who played a leading role in the government’s response to the financial crisis, will join private-equity firm Warburg Pincus LLC in March.

On Saturday, the firm, which is headquartered in New York, announced Geithner will hold the titles of president and managing director.


Ubiquity Eyes Turning Sears Auto Centers into Data Centers

November 16th, 2013

Via: Data Center Knowledge:

One of America’s retail pioneers may build a brand for the new economy, housing servers where it once changed your oil.

Ubiquity Critical Environments, the data center unit of Sears Holdings, is considering a concept to convert some of its Sears Auto Center stores into data centers. It is working with Schneider Electric, a leading provider of data center equipment and services, on a proposal to build and operate mission-critical facilities in a number of markets around the country.

The proposal marks an evolution of Ubiquity’s mission to repurpose Sears’ real estate holdings to capitalize on demand for data centers. Ubiquity was created by Sears to convert the retail icons of the 20th century into Internet infrastructure to power the 21st century digital economy. Farney initially explored converting old Sears and Kmart retail stores and warehouses into huge data centers. But it turned out that many of the most promising facilities were located near existing data center hubs, where Ubiquity would compete with existing providers.

Instead, Ubiquity has shifted its focus to smaller footprints in secondary markets. Farney says that Sears Auto Centers would be ideal for this strategy, especially the stand-alone centers.


TSA SPOT Program: Billion Dollar Magic 8 Ball

November 16th, 2013

Via: GAO:

Available evidence does not support whether behavioral indicators, which are used in the Transportation Security Administration’s (TSA) Screening of Passengers by Observation Techniques (SPOT) program, can be used to identify persons who may pose a risk to aviation security. GAO reviewed four meta-analyses (reviews that analyze other studies and synthesize their findings) that included over 400 studies from the past 60 years and found that the human ability to accurately identify deceptive behavior based on behavioral indicators is the same as or slightly better than chance. Further, the Department of Homeland Security’s (DHS) April 2011 study conducted to validate SPOT’s behavioral indicators did not demonstrate their effectiveness because of study limitations, including the use of unreliable data.


U.S. Military May Have 10 Robots Per Soldier by 2023

November 16th, 2013

Via: Computerworld:

American soldiers patrolling dangerous streets will soon be accompanied by autonomous robots programmed to scan the area with thermal imaging and send live images back to the command center.

Likewise, squads of infantrymen hiking through mountains will be helped by a wagon train of robots carrying extra water, ammo and protective gear.


Amazon Will Build and Manage Cloud Infrastructure in CIA Facility

November 16th, 2013

Via: Networkworld:

Amazon Web Services recently won a reported $600 million contract to build the U.S. Central Intelligence Agency (CIA) a cloud. But that cloud will not look like any other cloud on the planet.

Given the sensitive nature of building an IT operation for one of the United States’ most secretive organizations, details about how exactly the platform will be architected have been scant. But, at the company’s annual user conference this week, Amazon Web Services executives offered some hints about the project.

Here’s what we learned: Amazon will build the cloud using AWS architectures and AWS will manage it, but executives hinted that it will not be accessed the way other customers use AWS services through the public Internet. “We’re managing the operations in the data center,” Andy Jassy, Amazon’s senior vice president and the head of the company’s cloud computing division AWS said about the CIA deal. “It’s our hardware, it’s our networking.”

AWS Chief Information Security Officer Stephen Schmidt put it another way: “We’re providing a service,” he said, explaining that Amazon will own and operate the hardware in the data center, but it will not be accessed through traditional network connections. It basically sounds like AWS is building the CIA a massive private cloud that will run AWS infrastructure, but it will sit in a CIA data center.


The Weaponized Internet

November 16th, 2013

Via: Wired:

The internet backbone — the infrastructure of networks upon which internet traffic travels — went from being a passive infrastructure for communication to an active weapon for attacks.

According to revelations about the QUANTUM program, the NSA can “shoot” (their words) an exploit at any target it desires as his or her traffic passes across the backbone. It appears that the NSA and GCHQ were the first to turn the internet backbone into a weapon; absent Snowdens of their own, other countries may do the same and then say, “It wasn’t us. And even if it was, you started it.”

…

Here’s how it works.

The QUANTUM codename is deliciously apt for a technique known as “packet injection,” which spoofs or forges packets to intercept them. The NSA’s wiretaps don’t even need to be silent; they just need to send a message that arrives at the target first. It works by examining requests and injecting a forged reply that appears to come from the real recipient so the victim acts on it.


Sentenced to Die Behind Bars for What?

November 16th, 2013

Profits.

Via: ACLU:

For 3,278 people, it was nonviolent offenses like stealing a $159 jacket or serving as a middleman in the sale of $10 of marijuana. An estimated 65% of them are Black. Many of them were struggling with mental illness, drug dependency or financial desperation when they committed their crimes. None of them will ever come home to their parents and children. And taxpayers are spending billions to keep them behind bars.


Qubit Survives Record 39 Minutes at Room Temperature

November 16th, 2013

Via: CBC:

A Canadian-led team of researchers has created a key component of a quantum computer that can survive at room temperature for a whopping 39 minutes, blowing away previous records of just seconds.

The discovery means it might be possible to store quantum bits of data, known as “qubits,” even at room temperature, for a practical length of time.

…

But the results of experiments conducted in his lab show “that yeah, you can store quantum information for times that are much longer than people would have suspected… Half an hour at room temperature is pretty amazing.”

Previous room temperature survival records for various kinds of qubits made of solid materials such as silicon have ranged from two to 25 seconds.


CIA Collecting Data on International Money Transfers

November 14th, 2013

Via: New York Times:

The Central Intelligence Agency is secretly collecting bulk records of international money transfers handled by companies like Western Union — including transactions into and out of the United States — under the same law that the National Security Agency uses for its huge database of Americans’ phone records, according to current and former government officials.

The C.I.A. financial records program, which the officials said was authorized by provisions in the Patriot Act and overseen by the Foreign Intelligence Surveillance Court, offers evidence that the extent of government data collection programs is not fully known and that the national debate over privacy and security may be incomplete.


Obamacare Wreck

November 14th, 2013

Wow.

Via: Reuters:

President Barack Obama on Thursday tried to ease the biggest crisis of his presidency, acknowledging missteps with his signature healthcare law and announcing a plan to help those seeing their current health plans canceled because of it.

Obama, trying to limit the political damage to his presidency and fellow Democrats, said health insurers could extend by at least one year policies due to be canceled because they do not comply with new minimum requirements under the law.

With insurers complaining the fix could create new problems and lead to higher premiums, it was not clear whether Obama’s plan would actually work, or soothe his party’s concerns that the botched rollout has undercut Democrats facing tough re-election fights in 2014.

A chastened Obama said he had “fumbled” the rollout of the Affordable Care Act, his biggest domestic policy achievement, and said he would have to work to regain his credibility and the public’s trust.

“I hear you loud and clear,” he told Americans who are angry he did not deliver on his repeated promises over the past three years that those who liked their plans could keep them.

“I think it’s legitimate for them to expect me to have to win back some credibility on this healthcare law in particular and on a whole range of these issues in general,” Obama said, speaking from the podium in the White House press room.


« Previous Page — Next Page »