Monday 28 January 2013

WhatsApp's data collecting violates Canadian and Dutch privacy laws

DNP WhatsApp's data collection practice violates Canadian and Dutch privacy laws

According to the Office of the Privacy Commissioner of Canada (OPC) and the Dutch data authority College Bescherming Persoonsgegevens (CBP), the popular cross-platform messaging application WhatsApp violates privacy laws. A joint investigation between the two groups revealed that, with the exception of devices running iOS 6, the app requires access to a customer's address book in order to use the software. This stipulation results in non-user contact information being recorded to WhatsApp servers without permission, which contravenes Canadian and Dutch privacy laws. In September of 2012, the company added encryption to its services as a response to these investigations, but both the OPC and CBP remain concerned about unauthorized data collecting. As it stands, both organizations will continue to monitor WhatsApp's progress toward compliance, with the Dutch agency reserving its right to impose fines against the firm if necessary.

Show full PR text

WhatsApp's violation of privacy law partly resolved after investigation by data protection authorities

Canadian and Dutch data privacy guardians release findings from investigation of popular mobile app

Ottawa, Canada and The Hague, The Netherlands, January 28, 2013 -The Office of the Privacy Commissioner of Canada (OPC) and the Dutch Data Protection Authority (College bescherming persoonsgegevens, (CBP)) today released their findings from a collaborative investigation into the handling of personal information by WhatsApp Inc., a California-based mobile app developer.

The coordinated investigation is a global first, as two national data protection authorities conducted their work together to examine the privacy practices of a company with hundreds of millions of customers worldwide. This marks a milestone in global privacy protection.

"Our Office is very proud to mark an important world-first along with our Dutch counterparts, especially in light of today's increasingly online, mobile and borderless world," said Jennifer Stoddart, Privacy Commissioner of Canada. "Our investigation has led to WhatsApp making and committing to make further changes in order to better protect users' personal information."

Jacob Kohnstamm, Chairman of the Dutch Data Protection Authority, adds: "But we are not completely satisfied yet. The investigation revealed that users of WhatsApp - apart from iPhone users who have iOS 6 software - do not have a choice to use the app without granting access to their entire address book. The address book contains phone numbers of both users and non-users. This lack of choice contravenes (Dutch and Canadian) privacy law. Both users and non-users should have control over their personal data and users must be able to freely decide what contact details they wish to share with WhatsApp."

Key findings and outcomes

The investigation focused on WhatsApp's popular mobile messaging platform, which allows users to send and receive instant messages over the Internet across various mobile platforms. While WhatsApp was found to be in contravention of Canadian and Dutch privacy laws, the organization has taken steps to implement many recommendations to make its product safer from a privacy standpoint. At this time however, outstanding issues remain to be fully addressed.

The investigation revealed that WhatsApp was violating certain internationally accepted privacy principles, mainly in relation to the retention, safeguard, and disclosure of personal data. For example:

In order to facilitate contact between application users, WhatsApp relies on a user's address book to populate subscribers' WhatsApp contacts list. Once users consent to the use of their address book, all phone numbers from the mobile device are transmitted to WhatsApp to assist in the identification of other WhatsApp users. Rather than deleting the mobile numbers of non-users, WhatsApp retains those numbers (in a hash form). This practice contravenes Canadian and Dutch privacy law which holds that information may only be retained for so long as it is required for the fulfilment of an identified purpose. Only iPhone users running iOS6 on their devices have the option of adding contacts manually rather than uploading the mobile address numbers of their address books to company servers automatically.
At the time the investigation began, messages sent using WhatsApp's messenger service were unencrypted, leaving them prone to eavesdropping or interception, especially when sent through unprotected Wi-Fi networks. In September 2012, in partial response to our investigation, WhatsApp introduced encryption to its mobile messaging service.
Over the course of the investigation, it was found that WhatsApp was generating passwords for message exchanges using device information that can be relatively easily exposed. This created the risk that a third party may send and receive messages in the name of users without their knowledge. WhatsApp has since strengthened its authentication process in the latest version of its app, using a more secure randomly generated key instead of generating passwords from MAC (Media Acess Control) or IMEI (International Mobile Station Equipment Identity) numbers (which uniquely identify each device on a network) to generate passwords for device to application message exchanges. Anyone who has downloaded WhatsApp, whether they are active users or not, should update to the latest version to benefit from this security upgrade.
Next steps

The OPC and CBP have worked closely together, but have issued separate reports, respecting each country's data protection law (Canada's Personal Information Protection and Electronic Documents Act (PIPEDA) and the Dutch Data Protection Act (Wet bescherming persoonsgegevens (Wbp)). Following the issuance of their respective reports of findings, the OPC and CBP will pursue outstanding matters independently.

Following investigation, the Dutch Data Protection Act provides for a second phase in which the CBP will examine whether the breaches of law continue and will decide whether it will take further enforcement actions. The Dutch legal framework contains the possibility to enforce the Dutch privacy law by imposing sanctions.

Under Canada's PIPEDA, the OPC will monitor the company's progress in meeting commitments made in the course of investigation. In most cases, companies are cooperative in meeting their obligations, and WhatsApp has demonstrated a willingness to fully comply with the OPC's recommendations. Unlike the CBP, the OPC does not have order making powers.

Filed under:

Comments

Via: Reuters

Source: Office of the Privacy Commissioner of Canada

Source: http://www.engadget.com/2013/01/28/whatsapp-data-collection-violates-privacy-laws/

lesotho a wrinkle in time

Tuesday 22 January 2013

PX at Estate Bethlehem Closed January 19 2013 - USVI Moving ...

Yesterday, working as a civilian for the Virgin Island National Guard, I received an email from the leadership of the VING, AAFES run PX at at EState Bethlehem, would close at the end of the day----for good.

Sad news, however, the leadership of the VING sent another email about an hour later-----although closed by AAFES as a PX, it will reopen in the next few months as a new and improved territorial store run by the Virgin Island National Guard.

PS Puerto Rico does this at one of the bases, it quite nice and has good prices, and a nice selection of product, to include TVS, stereos, etc.......

We keep all you veterans posted on any news of the reopening---expect 2-3 months.

Source: http://www.vimovingcenter.com/talk/read.php?4,195960,195960

intc tupac andrew shaw hologram pulitzer prize winners nfl 2012 schedule gmail down

Monday 21 January 2013

Legend, 2 Chainz, MC Lyte honored at Hip-Hop Ball

John Legend is seen at the Hip-Hop Inaugural Ball on Sunday, Jan. 20, 2013 in Washington. (Photo by Larry French/Invision/AP)

John Legend is seen at the Hip-Hop Inaugural Ball on Sunday, Jan. 20, 2013 in Washington. (Photo by Larry French/Invision/AP)

Rosario Dawson is seen at the Hip-Hop Inaugural Ball on Sunday, Jan. 20, 2013 in Washington. (Photo by Larry French/Invision/AP)

2 Chainz is seen at the Hip-Hop Inaugural Ball on Sunday, Jan. 20, 2013 in Washington. (Photo by Larry French/Invision/AP)

Doug E. Fresh is seen at the Hip-Hop Inaugural Ball on Sunday, Jan. 20, 2013 in Washington. (Photo by Larry French/Invision/AP)

Swizz Beatz is seen at the Hip-Hop Inaugural Ball on Sunday, Jan. 20, 2013 in Washington. (Photo by Larry French/Invision/AP)

WASHINGTON (AP) ? John Legend believes hip-hop played its part in helping Barack Obama become president, and he's proud at how the genre has matured over the years.

"I think hip-hop had a role in making sure we elected a black president in America because we made it so that black people were in people's homes ... through our music and through our culture," the R&B crooner said Sunday night at the Hip-Hop Inaugural Ball.

"I think it made Barack Obama and more people like him possible, so I'm really thankful for hip-hop and the role it plays in society," he continued.

Legend was awarded the humanitarian award at Sunday's event, and it was one of many honors handed out at the Harman Center for Arts.

Hip-hop pioneers MC Lyte and Doug E. Fresh were both given lifetime achievement awards. Fresh even hit the stage, beat boxing while comedian-actor-singer Wayne Brady cooed Marvin Gaye's "What's Going On?" At one point, Brady even busted out his own rhymes.

Rapper Yo Yo earned a roaring cheer when she hit the stage to honor MC Lyte; Lil Mama also paid tribute to the "Ruffneck" rapper.

2 Chainz, who had a breakthrough year with his Grammy-nominated solo debut and multiple rap hits, earned the street soldier award for encouraging young voters as a spokesperson for the Hip-Hop Caucus' "Respect My Vote!" campaign.

"Doing my thing on the charts is one thing, but to be getting honored on another avenue, it just feels like a blessing," he said in an interview. "I'm keeping my head leveled and staying humble."

Actress Rosario Dawson won the vanguard award for her work as chairman of the Voto Latino organization.

"It's time to step out of the shadows. It's time to not just be talked about by other people, it's time to take the leadership ourselves and that first step of leadership is voting," Dawson said of the importance of the Latino vote.

Rappers Swizz Beatz and Meek Mill also earned honors at the event, attended by a few hundred hip-hop fans, including model Tyson Beckford, former NBA star Dikembe Mutumbo and Victor Cruz of the New York Giants. La La Anthony and Terrence J hosted the ball.

British singer Marsha Ambrosius also delivered a rousing performance, and playful jokes about Obama.

"I got a call from the president and he asked me to perform his favorite song," she said before singing the R&B jam "Hope She Cheats on You (With a Basketball Player)."

Then she sang "Butterflies," a song she co-wrote for Michael Jackson's 2001 "Invincible" album.

"This might have been his favorite," she said.

___

Follow Mesfin Fekadu on Twitter at http://twitter.com/MusicMesfin

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-01-21-Inauguration-Hip-Hop%20Ball/id-7a6b45fc16c24f0b8a4a31b32c8dd48a

john elway i have a dream speech fox news debate school closures mlk mlk being human

Turn a Cheap $2 Plastic Stapler Into a Booklet Stapler

Turn a Cheap $2 Plastic Stapler Into a Booklet StaplerTurn a Cheap $2 Plastic Stapler Into a Booklet Stapler If you want to staple standard office paper into a booklet you will typically need a long reach stapler?standard desktop staplers are not long enough to staple the middle of a page. Specialized booklet staplers can often cost $25 or more, but if you have access to a bit of aluminum rectangular tubing, a hacksaw, and a drill you can augment a cheap $2 dollar-store stapler into having a much longer reach.

Instructables user kenyer basically disassembled the donor stapler, cut two pieces of aluminum stock to size and formed them into a U-beam, and attached the two pieces of aluminum stock to the stapler using screws at a 90-degree angle. Now the stapler doesn't need to be as long to access the spine of your booklet.

DIY Booklet Stapler | Instructables

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/X7UYjCfz2AY/turn-a-cheap-2-plastic-stapler-into-a-booklet-stapler

big ten tournament big east tournament 2012 solar storm solar flares spanx aurora borealis gcb

Saturday 19 January 2013

Women's Health and Fitness Australia ? February 2013-P2P ...

Women?s Health & Fitness is the perfect gift for women who value the benefits of an active and healthy life. It features quality articles on health, nutrition, beauty, weight loss, workouts, fitness tips, sex and relationships, low-fat recipes, diet, supplementation and more.

Women?s Health and Fitness Australia ? February 2013-P2P
English | 132 Pages | HQ PDF | 91.8 MB
Download:
HERE

Source: http://www.rlslog.net/womens-health-and-fitness-australia-february-2013-p2p/

buster posey eric holder eric holder carole king crystal renn matilda cab calloway

Tuesday 15 January 2013

Stagetecture Radio ? Protecting Winter Home/Interview ? 1.16.13 ...

Entry #2011, January 14, 2012

We don?t like to talk about it but unwanted pests such as rodents and unwelcomed furry friends in your home in the winter can be a nuisance. Today, my guest blogger from ?Do My Own Pest Control? will share information to keep your home and family safe.

Episode 11 stagetecture radio 1.16.13

January 16, 2013 at 12:00pm- 12:30pm EST

On Stagetecture Radio ? > Listen here: or go to Http://stagetecture.com/episode11

Want to call in and ask me a question? (713) 955-0779

Episode-11-1.16-Stagetecture-Radio

?Protecting your Winter Home?

Protect your winter home and family from pests with helpful tips for keeping your family safe from intruders such as rodents, bugs and more. I interview ?Do My Own Pest Control? and learn green tips, and essential information to keep your winter home comfortable for all! See their guest blog on Stagetecture ? Protecting your home from unwanted pests here.

do my own pest control logo

111 Simple Tips Ebook: All tips are highlights are for saving time and money are in the book.

Want to see all of the great inspiration for today?s show? Follow my Pinterest board for each episode to lend inspiration you can do at home to complete the look :)

Pinterest ?> See pictures here: or go to Http://stagetecture.com/Pinterest

Did you miss the show, or want to download on iTunes so you can listen to again? You can look for Stagetecture Radio show every Wednesday after the show and download my episode or any of the other shows.

If you love the show ? please leave a review in iTunes

iTunes ?> Download podcast here: or go to Http://stagetecture.com/itunes

Ronique Gibson - Stagetecture.com | Blog Talk Radio Feed

All ideas are highlights from 111 Simple Tips Ebook ? get your copy here!

Can?t wait to have you join me. See or ?talk with you? then!


Related Posts with Thumbnails

Source: http://stagetecture.com/2013/01/stagetecture-radio-protecting-winter-homeinterview-1-16-13-12pm-est/

tony romo hillary clinton weather kennedy center honors boxing day george h w bush ufc

Gun lobby: Congress doesn't have the muscle to pass gun control (Christian Science Monitor)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/276728960?client_source=feed&format=rss

vincent jackson vicki gunvalson pierre garcon brown recluse spider wiz khalifa taylor allderdice eddie royal iditarod

Sunday 13 January 2013

PFT: Concern growing over RG3's knee injury

Denver Broncos quarterback Manning speaks with Baltimore Ravens inside linebacker Lewis after the Ravens defeated the Broncos in their NFL AFC Divisional playoff football game in DenverReuters

These are the days that remind us how great the NFL is.

Two playoff classics ? the Ravens beating the Broncos in double overtime and 49ers quarterback Colin Kaepernick emerging as a superstar in a win over the Packers ? made Saturday a wonderful day to be an NFL fan. It was one of those games that made us nod our heads and say, ?Yep, this is why we love football.?

I think the lasting image of this great Saturday in the NFL may be the postgame embrace between Ray Lewis and Peyton Manning. These are perhaps the two best football players of their generation, meeting on the field for the last time, and after a playoff game that went into a sixth quarter, both men looked drained as they hugged and then went their separate ways, Manning hanging his head and Lewis yelling exuberantly.

?I?ve never been a part of a game so crazy in my life,? Lewis said after the Ravens? field goal in the game?s 77th minute gave them a 38-35 win.

I?ve never watched a couple of games so crazy in my life. That Ravens-Broncos game was simply insane. Double overtime in the playoffs? Broncos return man Trindon Holliday having the greatest game for a returner ever ? and the Broncos losing anyway? Manning throwing an awful interception at the worst possible time? Crazy.

And then came Kaepernick, who has been transformed over a couple months from Alex Smith?s backup to one of the brightest young talents in the NFL. Kaepernick still makes some youthful mistakes, including a bad interception on the 49ers? first drive and a stupid penalty for taunting. But my oh my is he a talented player. He throws with incredible velocity, and he?s such a good runner that he had 181 yards on the ground, more yards than any quarterback had ever had in any game ? regular season or postseason ? in NFL history. Until Saturday, the all-time record for rushing yards by a quarterback was 173 by Michael Vick of the Falcons in an overtime win over the Vikings in 2002. I remember watching Vick in that game and thinking no quarterback would ever do what Vick just did. Kaepernick broke Vick?s record in just his eighth NFL start.

What a day. Here are some thoughts on Saturday?s action:

The Broncos made some appalling mistakes. Denver ended both the first half and the second half by simply running out the clock, even though the Broncos had enough time and timeouts to at least get into field goal range. You?ve got Peyton Manning! Try to score! But going conservative at the end of both halves wasn?t even the worst mistake of all. No, the worst mistake was the inexcusable coverage by the Broncos? secondary, which somehow allowed Jacoby Jones to get open for a 70-yard touchdown with 31 seconds left in the fourth quarter. An emotional Rahim Moore, who was covering Jones, stood up after the game and said, ?It was my fault.? Sorry to be harsh, but he?s right: It was his fault.

Michael Crabtree and Frank Gore are the perfect complements to Kaepernick. Crabtree had 119 yards receiving; Gore had 119 yards rushing. I don?t know if any NFL team can be happier with its top quarterback, running back and receiver than the 49ers are right now.

Joe Flacco throws a beautiful deep ball. I?m not totally sold on Flacco as an elite NFL quarterback, but he certainly has a big arm, and he?s made a lot of things happen by throwing deep in these playoffs. Flacco averaged 23.5 yards a completion last weekend against the Colts, and he had touchdown passes of 59, 32 and 70 yards against the Broncos.

Pass interference is ill-defined and inconsistently called in the NFL. It?s frustrating, with how big a penalty pass interference can be, to see how the NFL?s officials can never agree on what is ? and what is not ? pass interference. We saw that three times in the first 10 minutes of the Ravens-Broncos game, and it went against Denver all three times: Baltimore?s first-quarter touchdown drive was kept alive by a shaky pass interference call on a third-down incompletion, then Corey Graham appeared to commit pass interference but wasn?t flagged on his interception return for a touchdown, then Demaryius Thomas was tripped on a deep pass from Peyton Manning but didn?t get the call. In overtime another questionable pass interference call went against Denver?s Champ Bailey. It?s not so much that any of those calls were blatantly wrong, it?s more that the NFL officials are so inconsistent in the way they call pass interference that no one ever knows when the official will throw the flag and when he?ll keep it in his pocket. On such a pivotal penalty ? the only penalty that can give a team more than 15 yards ? the NFL has to find more consistency.

The Ravens-Broncos officiating stunk even aside from pass interference. A phantom hold that called off a Broncos first down run. An absurdly long series of conferences while the officials debated an illegal hands to the face call. A referee?s decision to unilaterally abolish the tuck rule. I could go on but I think I?ll stop, because it?s depressing to focus too much on the officials after a great game. The officiating was a mess.

Aaron Rodgers was good on a day the Packers needed him to be great. This loss doesn?t fall on Rodgers. He was fine, completing 26 of 39 passes for 257 yards, with two touchdowns and one interception. But the Packers? defense simply couldn?t stop Kaepernick, so the only way the Packers were going to win was if Rodgers played a perfect game. Instead, he played just a pretty good game. On a great day of NFL action when the starting quarterbacks were Peyton Manning, Joe Flacco, Aaron Rodgers and Colin Kaepernick, Kaepernick was the best. By a lot. No one could have expected that. And these unexpectedly great days are why the NFL will keep us coming back for more.

Source: http://profootballtalk.nbcsports.com/2013/01/12/griffins-knee-creates-more-concern-than-advertised/related

school shooting ohio billy crystal oscar winners 2012 billy crystal oscars 2012 angelina jolie oscars chardon high school christopher plummer

CES 2013: Digital cameras roundup

CES 2013 Digital cameras roundup

CES is far from a top-tier trade show for the digital imaging industry, but that didn't stop manufacturers from introducing new models. Android returned to Polaroid's booth with the underwhelming iM1836 ILC, Canon opted for a square form factor with its PowerShot N and Fujifilm introduced a more powerful version of the X100. Nearly all of the cameras we saw at the show were created for consumers, with many options coming in under the $200 mark. Nikon and Samsung offered a few exceptions, but with Photokina wrapping up this past September and CP+ kicking off in just over two weeks, there are plenty of other venues for camera makers to introduce their higher-profile models. For now, though, it's all about CES, so join us past the break for a closer look at some of this week's biggest announcements.

Continue reading CES 2013: Digital cameras roundup

Filed under: , , , ,

Comments

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/g18T3HfLVew/

tomb of the unknown soldier tomb of the unknown soldier HMS Bounty dominion power Heather Clem Con Edison LaGuardia Airport

Obama, Karzai announce accelerated military transition

Photo -

President Obama and Afghan President Hamid Karzai on Friday announced a quicker transition of control of Afghanistan to the nation's own security forces, saying U.S. troops would move to a support role this spring.

In a joint press conference at the White House, Obama said the transition would lay the foundation for a drawdown of U.S. troops but did not say how quickly that would occur ? or if any American forces would remain in Afghanistan after 2014.

?Starting this spring our troops will have a different mission: training, advising and assisting Afghan forces,? Obama said. ?It will be a historic moment.?

Obama?s comments came after the two leaders discussed troop levels, security and the 2014 Afghan election, among other issues.

The war in Afghanistan has come at great cost in both treasure and casualties for the United States. As such, the president was hesitant to label the war a complete success.

?We have achieved our central goal or have come close to achieving our central goal,? he said.

But then he added, ?Have we achieved everything that some might have imagined us achieving under the best of scenarios ? probably not.?

Karzai welcomed the accelerated transition, saying that by the spring, no foreign troops would occupy Afghan villages.

For Obama, the main question remains how many troops will stay in Afghanistan after December 2014. The White House earlier this week conceded that it was weighing whether to remove all U.S. troops.

On Friday, the president said he would wait for recommendations from his military leaders before making a decision.

U.S. commanders have recommended keeping as many as 15,000 troops in Afghanistan in a support role, but the administration has shown little appetite for that type of presence after 2014.

Obama had previously said the U.S. cannot leave troops in Afghanistan unless they receive immunity from prosecution.

Karzai announced on Friday that he could now ?go to the Afghan people? and press for immunity for American troops in the country.

?

?

?

Source: http://washingtonexaminer.com/obama-karzai-announce-accelerated-military-transition/article/2518290?custom_click=rss

alabama crimson tide barry larkin jay z new song torrie wilson alabama lsu bcs national championship bcs championship

There Were Plenty Of Windows 8 Devices At CES, But Microsoft Wasn't There To Promote Them (MSFT)

LAS VEGAS (AP) ? Microsoft may have relinquished its starring role in America's gaudiest gadget show a year too early.

After 13 straight years in the spotlight, Microsoft's decision to scale back its presence at this week's International CES deprived the software maker of a prime opportunity to explain and promote a new generation of redesigned computers running its radically remade Windows operating system.

The missed chance comes at a time when Microsoft Corp. could use a bully pulpit to counter perceptions that Windows 8 isn't compelling enough to turn the technological tide away from smartphones and tablets running software made by Apple Inc. and Google Inc.

"They needed to be at this show in a very big way to show the progress they have made and what is it about 2013 that is going to make consumers really gravitate toward a Windows 8 machine," said technology industry analyst Patrick Moorhead.

Since Windows 8 went on sale in late October, there has been little evidence to suggest the operating system will lift the personal computer industry out of a deepening downturn. Worldwide PC shipments during the final three months of last year dropped 6 percent from the same period in 2011, according to the research firm International Data Corp. The dip occurred despite the bevy of Windows 8 laptops and desktop machines that were on sale during the holiday shopping season.

Microsoft, though, insists things worked out at just fine during CES, even though it didn't have a booth and only had a smattering of executives at the sprawling trade show, which drew some 156,000 people to Las Vegas.

The company, which is based in Redmond, Wash., decided it no longer makes sense to invest as much time and money in CES as it once did. The company says the show's early January slot doesn't mesh with the timing of its major product releases. Windows 8, for instance, was still more than nine months away from hitting the market when Microsoft CEO Steve Ballmer kicked off last year's CES with a keynote address that was billed as the company's swan song at the show.

"We are very comfortable with our decision," Microsoft spokesman Frank Shaw said. "It has been a productive show for us this year."

Microsoft's retreat from CES puzzled some attendees curious about Windows 8. For instance, when Michael Sullivan showed up at computer maker Asus' booth, which was stocked with Windows 8 computers, there was no one around to discuss the machines or the software.

"This is unusual," said Sullivan, CEO of computer sales firm Spec 4 International Inc. "I don't understand why a successful company isn't bringing executives here."

Asus invited some CES attendees to learn more about Windows 8 at a nearby hotel, away from the show's main trade show. Asus has left its booth unmanned in previous years at CES, but the void wasn't as noticeable when Microsoft's own representatives were canvassing the floor.

NPD DisplaySearch analyst Richard Shim thought Microsoft should have had more people helping to staff its partners' booths because, he said, no one understands how Windows 8 works better than the company that made it.

"Whenever you have a new product rolling out, it's always helpful to communicate your message directly as opposed to counting on your partners," Shim said.

Microsoft elected to curtail its CES presence largely because the show's marketing value has diminished. In recent years, companies such as Apple and Google have shown that they can command more attention by holding their own exclusive events to unveil products just before they go on sale. Neither Apple nor Google had a major presence at CES.

In a sign that it is embracing its rivals' strategy, Microsoft staged separate events last year in Los Angeles and New York to unveil Surface, a Windows-powered tablet computer, and Windows 8.

Nevertheless, both Shim and Moorhead believe would have been better off waiting until after this year's CES to surrender its top billing on the marquee. That way, Ballmer could have used this year's opening CES keynote to talk about Windows 8's advantages as a finished product.

"Ballmer could have talked about the operating system more completely and built more hype around it, especially since Microsoft has been getting beaten up so far over Windows 8's performance," Shim said.

When Ballmer ended Microsoft's 13-year streak of kicking off CES, he was only able to provide a peek at a makeover of the operating system that was still months away from being completed.

Microsoft touts Windows 8 as a breakthrough that will enable people to straddle the divide between personal computers and tablets. The revamped operating system is built to respond to the touch of a finger so it can work on tablet computers while still retaining the ability to respond to commands from keyboards and mice on laptop and desktop machines. To take advantage of Windows 8's versatility, many PC makers are building convertible devices that can work as a tablet or a laptop.

But reviews of the new operating system have been lukewarm. Critics have been panning it as too confusing and cumbersome.

Microsoft used part of a CES technology forum presented by J.P. Morgan to try to build more enthusiasm. The company revealed that 60 million copies of Windows 8 have been sold so far, putting it on the same pace as the previous version ? Windows 7 ? at the same juncture of its release. But it's unclear how many of those Windows 8 licenses are installed on computers that are still sitting in stores or warehouses.

Investors have been so unimpressed with the reception to the new Windows products that Microsoft's stock price has slipped 4 percent since the operating system's Oct. 26 release. Meanwhile, the bellwether Standard & Poor's 500 index has gained 4 percent. Microsoft's stock closed Friday at $26.83, up 37 cents.

A clearer picture of the early reception to Windows 8 may emerge Jan. 24 when Microsoft is scheduled to report its earnings for the three months spanning the holiday shopping season.

Although he wasn't the main attraction, Ballmer made a cameo appearance during Qualcomm Inc. CEO Paul Jacobs' opening address at this year's show.

Ballmer's acceptance of Qualcomm's invitation to join Jacobs on stage surprised some people because Qualcomm has emerged as a threat to Intel Corp., a longtime Microsoft ally that makes most of the processors in Windows computers. Instead of touting Windows 8, Ballmer spent his time hailing a streamlined version of the operating system, dubbed Windows RT, which runs on tablets using processors that rely on technology designed by ARM, another Intel rival.

Microsoft's top executive in charge of technical strategy appeared on stage at Samsung Electronics' invitation to reveal a Windows phone featuring a flexible color display. The electronics of the phone are in a little box, and the thin, bendable screen is attached to it, looking much like a piece of paper.

That left Intel and other Microsoft partners, including PC makers Samsung, Sony, Asus, Acer and Hewlett-Packard Co., to do most of the boasting about Windows 8 at their own CES booths.

"Our partners are doing that very effectively," Shaw said. "You couldn't walk through the (CES) floor without seeing people doing really interesting things with Windows 8."

But there were other times when it appeared Microsoft's partners could have used some help.

Sony exhibitor John Guzman, for instance, seemed stumped when an Associated Press reporter visited the company's CES booth and asked whether a machine running Windows 8 or the more advanced Windows 8 Pro would be a better fit for journalistic work.

"That is more of a Microsoft question," Guzman said, adding that no Microsoft representatives were around.

___

Liedtke reported from San Francisco. AP Technology Writer Peter Svensson contributed to this story.

Source: http://www.businessinsider.com/windows-8-devices-abound-at-ces-2013-1

ozzie guillen castro comments phish gluten free diet barry zito mac virus santorum drops out bby

Thursday 10 January 2013

High-frequency stock trading of little value to investors, general public

High-frequency stock trading of little value to investors, general public [ Back to EurekAlert! ] Public release date: 10-Jan-2013
[ | E-mail | Share Share ]

Contact: Phil Ciciora
pciciora@illinois.edu
217-333-2177
University of Illinois at Urbana-Champaign

The increase in the speed of stock trading from microseconds to nanoseconds leads to an increase in order cancellation, but little else of value to investors and the general public, says research by a University of Illinois business professor.

According to a forthcoming study by Mao Ye, a professor of finance at Illinois, the arms race in speed at the sub-millisecond level of stock trading is a "purely positional game" in which a trader's payoff depends on transaction speed relative to other traders.

"There are lots of extreme views about high-frequency trading, but if you look at high-frequency trading scientifically, you would see that's it's neither good nor evil," Ye said. "Although some people think it's good, and others, necessarily, think that it's really bad, our paper shows that neither extreme view is correct. So stock exchanges are investing heavily in order to play what's really a zero-sum game."

According to the research, co-written with Jiading Gai and Chen Yao, both graduate students at Illinois, since the current exchange fee structure only charges for executed trades, and not order cancellations, legitimate traders and investors essentially subsidize high-frequency traders who purposefully cancel orders, reflecting a wealth transfer from low-frequency traders to high-frequency traders.

"If you increase the speed of trading from micro- to nanoseconds, which is a 1,000 percent increase in speed, there's really no social value to that," Ye said. "There is, however, a lot of private value in that for traders."

The research shows an increase in the cancellation-execution ratio of orders, as well as a corresponding increase in short-term volatility and a decrease of market depth.

"We found that an increase in the speed of trading does increase the liquidity of the market, but it also doesn't decrease market liquidity," Ye said. "But considering the huge investment these exchanges have made in speed, you really have to question the social benefit to doing that."

The research also finds evidence consistent with "quote stuffing," a practice that involves submitting an extraordinarily large number of orders followed by immediate cancellation for the sole purpose of creating congestion in the market.

"Quote stuffing is certainly an externality-generating activity the equivalent of noise or pollution in financial markets," Ye said. "We've found evidence that's consistent with quote-stuffing, and the economic incentive for that is pretty straightforward. If only relative speed matters, then people invest heavily to increase their speed. But firms have invested a sufficiently large amount of money simply to max out their speed, which in essence has created a positional arms race in the markets."

The researchers say the study is one of the largest computing efforts ever conducted in academic finance.

"From a computational standpoint, this paper involved calculations that were both data-intensive and computing-intensive, which represented a special challenge," Gai said.

"One year of trading data is equivalent to if you were to digitize all of the books in the Library of Congress and the majority of that data is cancellations," Ye said. "On an average trading day, a stock like Microsoft has over a million messages and the majority are cancellations. Cancelling trades is taking over the system and monopolizing resources."

So how do you create "speed bumps" in the market speed so that trade cancellations don't overtake the system? There needs to be a level-playing field so that no one can game the system, Ye says.

"Mary Shapiro, the chairman of the Securities and Exchange Commission, wants to impose a minimum quote life," Ye said. "But let's ask an extremely simple question: What's the distribution of a quote life now? Well, no one really knows, because to draw a summary statistic from that data takes lots of computing power. Without a scientific approach, the debate has become based on ideology, on whether you think high-frequency trading is inherently good or bad."

As a result, a restriction on trading speed should only be imposed unilaterally by an outside authority, which means slowing down everyone by the same amount, Ye says.

"What that means is that you can't push the order and then cancel it within 50 milliseconds," he said. "What do orders less that 50 milliseconds contribute to liquidity? I don't think anyone has looked at that. Considering the investment that was made, that wasn't really the best allocation of resources. There's a lot of debate over that, and we have some concerns about that. If you continuously increase the speed, our results indicate that the benefits do not justify the costs, because it only slightly increases volatility."

But it's probably not a good idea to remove high-frequency traders' profits in the current market just yet.

"Let it continue to grow because they're eventually going to hit a speed wall, and at a certain point there will be no value to it," he said.

###

The research was sponsored by the National Science Foundation's Extreme Science and Engineering Discovery Environment program. The data for the research were provided by The NASDAQ OMX Group Inc.

Editor's note: To contact Mao Ye, call 217-244-0474; email maoye@illinois.edu.

The article, "The Externality of High-Frequency Trading," is available online.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


High-frequency stock trading of little value to investors, general public [ Back to EurekAlert! ] Public release date: 10-Jan-2013
[ | E-mail | Share Share ]

Contact: Phil Ciciora
pciciora@illinois.edu
217-333-2177
University of Illinois at Urbana-Champaign

The increase in the speed of stock trading from microseconds to nanoseconds leads to an increase in order cancellation, but little else of value to investors and the general public, says research by a University of Illinois business professor.

According to a forthcoming study by Mao Ye, a professor of finance at Illinois, the arms race in speed at the sub-millisecond level of stock trading is a "purely positional game" in which a trader's payoff depends on transaction speed relative to other traders.

"There are lots of extreme views about high-frequency trading, but if you look at high-frequency trading scientifically, you would see that's it's neither good nor evil," Ye said. "Although some people think it's good, and others, necessarily, think that it's really bad, our paper shows that neither extreme view is correct. So stock exchanges are investing heavily in order to play what's really a zero-sum game."

According to the research, co-written with Jiading Gai and Chen Yao, both graduate students at Illinois, since the current exchange fee structure only charges for executed trades, and not order cancellations, legitimate traders and investors essentially subsidize high-frequency traders who purposefully cancel orders, reflecting a wealth transfer from low-frequency traders to high-frequency traders.

"If you increase the speed of trading from micro- to nanoseconds, which is a 1,000 percent increase in speed, there's really no social value to that," Ye said. "There is, however, a lot of private value in that for traders."

The research shows an increase in the cancellation-execution ratio of orders, as well as a corresponding increase in short-term volatility and a decrease of market depth.

"We found that an increase in the speed of trading does increase the liquidity of the market, but it also doesn't decrease market liquidity," Ye said. "But considering the huge investment these exchanges have made in speed, you really have to question the social benefit to doing that."

The research also finds evidence consistent with "quote stuffing," a practice that involves submitting an extraordinarily large number of orders followed by immediate cancellation for the sole purpose of creating congestion in the market.

"Quote stuffing is certainly an externality-generating activity the equivalent of noise or pollution in financial markets," Ye said. "We've found evidence that's consistent with quote-stuffing, and the economic incentive for that is pretty straightforward. If only relative speed matters, then people invest heavily to increase their speed. But firms have invested a sufficiently large amount of money simply to max out their speed, which in essence has created a positional arms race in the markets."

The researchers say the study is one of the largest computing efforts ever conducted in academic finance.

"From a computational standpoint, this paper involved calculations that were both data-intensive and computing-intensive, which represented a special challenge," Gai said.

"One year of trading data is equivalent to if you were to digitize all of the books in the Library of Congress and the majority of that data is cancellations," Ye said. "On an average trading day, a stock like Microsoft has over a million messages and the majority are cancellations. Cancelling trades is taking over the system and monopolizing resources."

So how do you create "speed bumps" in the market speed so that trade cancellations don't overtake the system? There needs to be a level-playing field so that no one can game the system, Ye says.

"Mary Shapiro, the chairman of the Securities and Exchange Commission, wants to impose a minimum quote life," Ye said. "But let's ask an extremely simple question: What's the distribution of a quote life now? Well, no one really knows, because to draw a summary statistic from that data takes lots of computing power. Without a scientific approach, the debate has become based on ideology, on whether you think high-frequency trading is inherently good or bad."

As a result, a restriction on trading speed should only be imposed unilaterally by an outside authority, which means slowing down everyone by the same amount, Ye says.

"What that means is that you can't push the order and then cancel it within 50 milliseconds," he said. "What do orders less that 50 milliseconds contribute to liquidity? I don't think anyone has looked at that. Considering the investment that was made, that wasn't really the best allocation of resources. There's a lot of debate over that, and we have some concerns about that. If you continuously increase the speed, our results indicate that the benefits do not justify the costs, because it only slightly increases volatility."

But it's probably not a good idea to remove high-frequency traders' profits in the current market just yet.

"Let it continue to grow because they're eventually going to hit a speed wall, and at a certain point there will be no value to it," he said.

###

The research was sponsored by the National Science Foundation's Extreme Science and Engineering Discovery Environment program. The data for the research were provided by The NASDAQ OMX Group Inc.

Editor's note: To contact Mao Ye, call 217-244-0474; email maoye@illinois.edu.

The article, "The Externality of High-Frequency Trading," is available online.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-01/uoia-hst011013.php

narcolepsy weather st louis faceoff kings island red hot chili peppers tour orange juice photos

Monday 7 January 2013

Scam Attempt Warning for SF/F Writers ? Whatever

Short version: If you?re a science fiction/fantasy writer who got an invitation to speak from Bexley College in the UK, someone?s trying to scam you.

Longer version:

Here?s an e-mail in my box today:

Greetings John Scalzi,

I am Prof. Arthur Peterson from Bexley College (Holly Hill Campus) here in London UK. We are officially writing to invite you and confirm your booking as our guest Speaker at this Year Bexley college Seminar which will take place here at the campus ground.

Bexley College (Holly Hill Campus).

The Venue as follows:
VENUE: Upper Holly Hill Road Belvedere, Kent
London, United Kingdom
POST CODE: DA17 6HF
Expected audience: 450 people(mainly students & invited guest). Duration of speech per speaker: 1 Hour
Name of Organization: Bexley College Campus.
Topic: ?Mystery of Life and Death?
Date: 18th February 2013

We reached your profile at http://?www.aboutsf.com//?and we say it?s up to standard. The College will be so glad to have such an outstanding personality as you in our midst for these overwhelming gathering. Arrangements to welcome you here will be discussed as soon as you honor our invitation. If you have any more publicity material you wish to share with us, please do not hesitate to contact me.

An Official Formal Letter of invitation and Contract agreement would be sent to you from the College as soon as you honor our Invitation. The College have also promised to be taking care of all your travel and Hotel Accommodation expenses including your Speaking Fee.
If you are ?available for this date, include your speaking fees in your reply for it to be included in the DOCUMENTATIONS.

Stay Blessed
Prof. Arthur Peterson
Bexley College (Holly Hill Campus).

Tel:?+ 44 702 xxx xxx

The reason I know this is a scam:

1. The grammar and composition of this letter OH DEAR LORD.

2. Bexley College is a general further education college (i.e., a vocational school), not a university, and while a school that teaches people to be hair dressers and to work in construction probably might want the occasional speaker, those speakers are not likely to be science fiction authors from the United States, speaking on the subject of the mysteries of life and death.

3. The e-mail came from a GMail account, not an e-mail account using the school?s address (I?ve already reported it to Google as a phishing attempt).

4. The phone number attached to the letter not only does not match the numbers for Bexley College on the Web site, but I learn that UK numbers that start with ?+44 70? are very often used for scam attempts?(scroll down a bit for the info).

5. ?Prof. Arthur Peterson? doesn?t exist, at least not in the context of Bexley College.

And so on.

Clearly the plan is to get me to call the phone number or to respond to the e-mail, grab some pertinent information about me from my own excitable self, and then go from there. Nice try, but no.

The fact the letter mentions my speaker listing at AboutSF suggests that whoever is doing it has copied out that site?s speaker list contact information and is probably contacting other folks listed there. So this is to raise a general alarm. Note that I suspect most science fiction/fantasy writers are smart enough to recognize a scam with they see one, but on the other hand better safe than sorry.

Bear in mind this particular letter uses Bexley College but it?s entirely possible the scammers will change it up and use other educational institutions. They?re crafty, these scammers.

So: Science fiction and fantasy writers: Beware.

Source: http://whatever.scalzi.com/2013/01/07/scam-attempt-warning-for-sff-writers/

annapolis wwe royal rumble trisomy leon panetta luck sag awards 2012 nominees sag awards

Celebrity Apprentice All-Stars: The First Trailer!

Source: http://www.thehollywoodgossip.com/2013/01/celebrity-apprentice-all-stars-the-first-trailer/

hanukkah justin tv justin tv Sarah Savage Jaimie Alexander tom brady john lennon

CEO, ADPC honours Emirati manager top US business school ...

Mr Al Romaithi, Senior Manager, Public Affairs, has successfully attained 'alumni status' from the prestigious Harvard Business School in the USA.

In December, he completed a 16 month-long part time course in the 'Programme for Leadership Development', 'Finance for Senior Executives' and 'Authentic Leadership Development'. It is the equivalent of an executive MBA.

Mr Al Romaithi, said, "I feel proud to have received this award as my studies took me away from my family and my work at ADPC. But it was worth the sacrifice. I felt I was an ambassador for the UAE with 120 international CEOs on the course. I have already begun putting my new skills into action at ADPC."

Tony Douglas, CEO, ADPC commented on handing over the award, "My congratulations go to Khaleefa. It shows how committed ADPC is to empowering its national staff and we expect Khaleefa will make a profound difference to ADPC's operations with his new skills. The award shows how committed we are to training our Emirati colleagues to reach their full potential."

Source: http://www.ameinfo.com/ceo-adpc-honours-emirati-manager-top-324681

joba chamberlain new york mega millions jetblue jetblue michelle malkin october baby sugarland

Depardieu meets Putin, gets Russian passport

REUTERS

French film star Gerard Depardieu shows his passport.

By Reuters

French film star Gerard Depardieu met Russian President Vladimir Putin in the Black Sea town of Sochi and obtained his Russian passport, the Kremlin said on Sunday, after he left his homeland to avoid a new tax rate for millionaires.?

Putin signed a decree on Thursday granting Russian citizenship to Depardieu, who objected to French Socialist president Francois Hollande's plan to impose the 75 percent tax rate. His decision to quit France had prompted accusations of national betrayal.?

The Russian president and Depardieu were shown on state-run Channel One shaking hands and hugging each other early on Sunday during what the Kremlin said was a private visit by the actor to Russia.?

"A brief meeting between the president and Depardieu took place," Kremlin spokesman Dmitry Peskov said. "On the occasion of his visit to Russia, he was handed a Russian passport."?

Peskov did not say whether Putin personally gave Depardieu the passport or if he picked it up through standard procedures. He said the actor also told Putin about his career plans.?

Depardieu, star of the movies "Cyrano de Bergerac" and "Green Card", is a popular figure in Russia, where he has appeared in many advertising campaigns, including for ketchup. He also worked there in 2011 on a film about the eccentric Russian monk Grigory Rasputin.?

Putin asked Depardieu whether he was pleased with his work in the movie, TV footage of their meeting showed, with the French actor saying he had already sent Putin some excerpts from it.?

Depardieu bought a house in Belgium last year to avoid the French income tax increase. French Prime Minister Jean-Marc Ayrault called Depardieu's decision to seek Belgian residency "pathetic" and unpatriotic, prompting an angry response from the actor.?

Putin said last month that Depardieu would be welcome in Russia, which has a flat income tax rate of 13 percent, compared to the 75 percent on income over 1 million euros ($1.30 million) that Hollande wants to levy in France.?

He offered Depardieu a Russian passport, saying he had a close, special relationship with France and had developed warm ties with the actor, even though they had rarely met.?

Source: http://todayentertainment.today.com/_news/2013/01/06/16383204-french-actor-depardieu-meets-putin-picks-up-russian-passport?lite

final four lotto winners mega ball winning numbers baltimore county current tv megamillions ncaa basketball tournament 2012

Mom Shoots Intruder 5 times, Saves Children

Source: http://www.thehollywoodgossip.com/2013/01/mom-shoots-intruder-5-times-saves-children/

steve mcnair vice presidential debate Martha Raddatz Chris Lighty JJ Watt johnny depp jerry sandusky

Sunday 6 January 2013

Hagel likely to be nominated for Defense Secretary next week

By NBC?s Chuck Todd

Multiple sources on Capitol Hill and in key special-interest groups involved in national security issues say they have been told to be prepared for a Chuck Hagel nomination for Defense Secretary, either as early as Monday or perhaps more likely Tuesday of next week.

While it's still possible for the president to have a change of heart, all signs are pointing to a Hagel nomination.

When President Barack Obama returns to Washington this weekend, he will still have two big cabinet posts to fill and the current favorite for Secretary of Defense ? Chuck Hagel ? is taking heat on a range of issues. Obama 2012 traveling press secretary Jen Pskai and former RNC Chairman Michael Steele discuss.

That said, a White House spokesperson tells NBC News pretty emphatically that the president has not made a final decision and does not expect the president to make a final decision until he gets back from Hawaii.

The White House spokesperson adds, the "chatter" about Hagel-as-the-pick in the national-security and Capitol Hill communities is "premature." That said this spokesperson acknowledged Hagel is a "leading contender."

For what it's worth, the reason a lot of outside sources are being given a heads up on Hagel is that the White House knows if Hagel is indeed the president's choice, it's going to be a real fight.

President Obama responds to criticism of Chuck Hagel as a potential replacement for Defense Secretary Leon Panetta.

There are as many as 10 Democratic senators who could vote no, Capitol Hill sources say. But Hagel has some big backers besides the president who would become the key point people in getting Hagel over the finish line ? Vice President Joe Biden and Rhode Island Sen. Jack Reed, both of whom are huge proponents of Hagel.

Asked on MSNBC?s Morning Joe about the opposition to Hagel, Obama political adviser David Axelrod defended the former Republican Nebraska senator.

?It speaks to the larger problem that we?re talking about, which is, we have to get the point, where, first of all, independence is admired and not discouraged, and we can disagree on some things and still work together on others,? Axelrod said. ?And the notion that we demonize people because of a position that they?ve taken and disqualify them on that basis is what?s destroying the ability to get things done in this town.?

Dave Kaup / Reuters

Senator Chuck Hagel (R-NE) leaves a news conference in Omaha, Nebraska in this March 12, 2007, file photo.

Bottom line: It appears to be Hagel, but the White House says no final decision has been made.

News of the expected nomination was first reported by Foreign Policy magazine's The Cable blog.

Source: http://firstread.nbcnews.com/_news/2013/01/04/16353378-hagel-likely-to-be-nominated-for-defense-secretary-next-week?lite

Wimbledon 2012 TV Schedule fourth of july Jason Terry IFE Fireworks 2012 4th Of July independence day BET Awards 2012