Tag: facebook

Investors Value Yahoo’s Core Business At Less Than $0

An anonymous reader writes “Yahoo is most known for its search, email, and news services. But its U.S. web presence is only part of its corporate portfolio. It also owns large stakes in Yahoo Japan and Alibaba (a web services company based in China). Yahoo Japan is publicly traded, and Alibaba is heading toward an IPO, so both have a pretty firm valuation. The thing is: when you account for Yahoo’s share of each and subtract them from Yahoo’s current market cap, you get a negative number. Investors actually value Yahoo’s core business at less than nothing. Bloomberg’s Matt Levine explains: ‘I guess this is fairly obvious, but it leads you to a general theory of the conglomerate discount, which is that a business can be worth less than zero (to shareholders), but a company can’t be (to shareholders). … A fun question is, as fiduciaries for shareholders, should Yahoo’s directors split into three separate companies to maximize value? If YJHI and YAHI are worth around $9 billion and $40 billion, and Core Yahoo Inc. is worth around, I don’t know, one penny, then just doing some corporate restructuring should create $13 billion in free shareholder value. Why not do that?'” Read more of this story at Slashdot.

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Investors Value Yahoo’s Core Business At Less Than $0

Ubuntu Linux 14.04 LTS Trusty Tahr Released

An anonymous reader writes with this announcement: “Ubuntu Linux version 14.04 LTS (code named “Trusty Tahr”) has been released and available for download. This updated version includes the Linux kernel v3.13.0-24.46, Python 3.4, Xen 4.4, Libreoffice 4.2.3, MySQL 5.6/MariaDB 5.5, Apache 2.4, PHP 5.5, improvements to AppArmor allow more fine-grained control over application, and more. The latest release of Ubuntu Server is heavily focused on supporting cloud and scale-out computing platforms such as OpenStack, Docker, and more. As part of the wider Ubuntu 14.04 release efforts the Ubuntu Touch team is proud to make the latest and greatest touch experience available to our enthusiast users and developers. You can install Ubuntu on Nexus 4 Phone (mako), Nexus 7 (2013) Tablet (flo), and Nexus 10 Tablet (manta) by following these instructions. On a hardware front, ARM multiplatform support has been added, enabling you to build a single ARM kernel image that can boot across multiple hardware platforms. Additionally, the ARM64 and Power architectures are now fully supported. See detailed release note for more information here and a quick upgrade to a newer version of Ubuntu is possible over the network.” Read more of this story at Slashdot.

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Ubuntu Linux 14.04 LTS Trusty Tahr Released

Paper Microscope Magnifies Objects 2100 Times and Costs Less Than $1

ananyo writes: “If ever a technology were ripe for disruption, it is the microscope. Microscopes are expensive and need to be serviced and maintained. Unfortunately, one important use of them is in poor-world laboratories and clinics, for identifying pathogens, and such places often have small budgets and lack suitably trained technicians. Now Manu Prakash, a bioengineer at Stanford University, has designed a microscope made almost entirely of paper, which is so cheap that the question of servicing it goes out of the window. Individual Foldscopes are printed on A4 sheets of paper (ideally polymer-coated for durability). A pattern of perforations on the sheet marks out the ‘scope’s components, which are colour-coded in a way intended to assist the user in the task of assembly. The Foldscope’s non-paper components, a poppy-seed-sized spherical lens made of borosilicate or corundum, a light-emitting diode (LED), a watch battery, a switch and some copper tape to complete the electrical circuit, are pressed into or bonded onto the paper. (The lenses are actually bits of abrasive grit intended to roll around in tumblers that smooth-off metal parts.) A high-resolution version of this costs less than a dollar, and offers a magnification of up to 2, 100 times and a resolving power of less than a micron. A lower-spec version (up to 400x magnification) costs less than 60 cents.” Read more of this story at Slashdot.

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Paper Microscope Magnifies Objects 2100 Times and Costs Less Than $1

Amazon’s Smartphone Gets Its First Spy Shots Along With Rumored Specs

 Amazon’s smartphone leaks are starting to pile up quickly, and today our own report about some of its 3D features and Android-based FIreOS operating system was followed quickly by an extensive report about the phone’s supposed specs, complete with pics of the gadget housed in a case designed to keep its final look a secret. The pics and specs come from BGR, which reports that Amazon is… Read More

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Amazon’s Smartphone Gets Its First Spy Shots Along With Rumored Specs

IRS Can Now Seize Your Tax Refund To Pay a Relative’s Debt

Hugh Pickens DOT Com (2995471) writes “Just in time for the April 15 IRS filing deadline comes news from the Washington Post that hundreds of thousands of taxpayers expecting refunds are instead getting letters informing them of tax debts they never knew about: often a debt incurred by their parents. The government is confiscating their checks, sometimes over debts 20—30 years old. For example, when Mary Grice was 4 (in 1960), her father died … ‘Until the kids turned 18, her mother received survivor benefits from Social Security … Now, Social Security claims it overpaid someone in the Grice family in 1977. … Four years after Sadie Grice died, the government is coming after her daughter. … “It was a shock, ” says Grice, 58. “What incenses me is the way they went about this. They gave me no notice, they can’t prove that I received any overpayment, and they use intimidation tactics, threatening to report this to the credit bureaus.”‘ The Treasury Department has intercepted … $75 million from debts delinquent for more than 10 years according to the department’s debt management service. ‘The aggressive effort to collect old debts started three years ago — the result of a single sentence tucked into the farm bill lifting the 10-year statute of limitations on old debts to Uncle Sam.'” Read more of this story at Slashdot.

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IRS Can Now Seize Your Tax Refund To Pay a Relative’s Debt

Biometric Startup Quixter Demos Pay-By-Palm Tech

 Quixter has built a biometric pay-by-palm technology system that’s up and running at Lund University in Sweden. The idea is the brainchild of Fredrik Leifland, an engineering student at the university, who wanted to come up with a quicker system for making card payments. (And clearly didn’t think much of NFC.) Read More

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Biometric Startup Quixter Demos Pay-By-Palm Tech

Your Clever Password Tricks Aren’t Protecting You from Today’s Hackers

Security breaches happen so often nowadays, you’re probably sick of hearing about them and all the ways you should beef up your accounts. Even if you think you’ve heard it all already, though, today’s password-cracking tools are more advanced and cut through the clever password tricks many of us use. Here’s what’s changed and what you should do about it. Read more…

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Your Clever Password Tricks Aren’t Protecting You from Today’s Hackers

This List Reveals the Heartbleed-Affected Passwords to Change Now

By now you’ve probably heard about the massive Heartbleed security bug that may have compromised the majority of the world’s web sites. Everyone should change their passwords on the affected sites—but only after those sites have patched the issue. Mashable is maintaining and updating a list of the most popular sites you should change your passwords for ASAP. Read more…

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This List Reveals the Heartbleed-Affected Passwords to Change Now

New French Law Prohibits After-Hours Work Emails

Hugh Pickens DOT Com (2995471) writes “Lucy Mangan reports at The Guardian that a new labor agreement in France means that employees must ignore their bosses’ work emails once they are out of the office and relaxing at home – even on their smartphones. Under the deal, which affects a million employees in the technology and consultancy sectors (including the French arms of Google, Facebook, and Deloitte), employees will also have to resist the temptation to look at work-related material on their computers or smartphones – or any other kind of malevolent intrusion into the time they have been nationally mandated to spend on whatever the French call la dolce vita. “We must also measure digital working time, ” says Michel De La Force, chairman of the General Confederation of Managers. “We can admit extra work in exceptional circumstances but we must always come back to what is normal, which is to unplug, to stop being permanently at work.” However critics say it will impose further red tape on French businesses, which already face some of the world’s tightest labor laws.” (Continues) Read more of this story at Slashdot.

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New French Law Prohibits After-Hours Work Emails

Intel and SGI Test Full-Immersion Cooling For Servers

itwbennett (1594911) writes “Intel and SGI have built a proof-of-concept supercomputer that’s kept cool using a fluid developed by 3M called Novec that is already used in fire suppression systems. The technology, which could replace fans and eliminate the need to use tons of municipal water to cool data centers, has the potential to slash data-center energy bills by more than 90 percent, said Michael Patterson, senior power and thermal architect at Intel. But there are several challenges, including the need to design new motherboards and servers.” Read more of this story at Slashdot.

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Intel and SGI Test Full-Immersion Cooling For Servers