For those voters seeking to be better informed for the Tuesday, May 7, 2013, City of Lincoln General Election, a brief overview of what happened in the April 9 Primary and what will appear on the May 7 ballot: 13.35% of registered Lincoln voters cast ballots in the local Primary […]
"Competitive video gaming community E-Sports Entertainment Association secretly updated its client software with Bitcoin-mining code that tapped players' computers to mint more than $3,600 worth of the digital currency, one of its top officials said Wednesday. The admission by co-founder and league administrator Eric ‘lpkane’ Thunberg came amid complaints from users that their ESEA-supplied software was generating antivirus warnings, computer crashes, and other problems." Continue reading →
"FinFisher, also known as FinSpy, is a piece of malware developed by Gamma International and sold to governments of 36 different countries (the US included) to monitor the activities of computer users. The spyware was originally designed to aid with criminal investigations, but there have been reports that say it has been used for more than just to catch criminals, such as to monitor the activities of dissidents or [insert label here]. Mozilla, the maker of the popular Firefox browser, has issued a cease-and-desist letter to Gamma International because Mozilla alleges FinFisher is packaged to look like the Firefox browser." Continue reading →
"Last week, a Texas judge denied a warrant request from the FBI that would have enabled federal gumshoes to snoop through his webcam, raising a question: Should the FBI be allowed to spy on you through your webcam? An Ars Technica report noted that the practice requested by the bureau was similar to surveillance methods used by an online community called Ratters. Texas Judge Stephen Smith denied the FBI request because the methods used would not only give the FBI access to the camera, but it would give them full control of the suspect’s computer, allowing them to access other files." Continue reading →
"Financial traders are now turning to high-speed laser networks between stock exchanges, to decrease latency by a few milliseconds, to squeeze a few more trillion dollars per year out of high-frequency trading (HFT). Perseus Telecom recently completed a microwave link between London and Frankfurt that reduced the round-trip latency to just 4.6 milliseconds — almost halving the 8.35-millisecond round-trip for the London-Frankfurt fiber link. The microwave network cost between $13 and $26 million to build, but for the financial trader who uses it could earn billions." Continue reading →
"Our central banks are engaged in a breathtaking program of activism. We don't know where it will lead. But, from the historical record, activism and central banking go no better together than drinking and driving. Keep it up long enough and you're bound to have an accident. But the accident hasn't happened yet. So most people have stopped worrying about it. They smell the liquor on the driver's breath. But they get on the bus anyway. The most reckless driving in central bank history...raising the footings of the US financial system by a factor of 5 times...from $800 billion to $4 trillion...and it has not resulted in one single extra job." Continue reading →
"Pritzker is a Chicago billionaire heiress. Her father co-founded the Hyatt Hotel. She is estimated to be worth at least $1.7 billion. She was instrumental in funding Obama in his senatorial campaign and later his presidential campaigns. Cronyism will go wild with her at Commerce. She didn't spend all that money on Obama for nothing." Continue reading →
"The same President who said 'I am in this race to tell the corporate lobbyists that their days of setting the agenda in Washington are over' when he was running for office has given the FCC's top job to a former lobbyist. Wheeler donated $38,500 to Obama's election efforts and helped raise additional money for Obama by becoming a 'bundler,' arranging for large contributions from other donors after hitting legal limits on personal contributions. Not surprisingly, the cable and telecom companies that Wheeler springs from are ecstatic about the nomination. Wheeler led the NCTA from 1979 to 1984 and the CTIA from 1992 to 2004." Continue reading →
"Although residents must still file a federal tax return, they are exempt from paying U.S. income taxes. Residents also avoid a 15% capital gains tax on assets held before moving there, and sold after 10 years of residence on the island. Former governor Luis Fortuno, who narrowly lost the re-election at the end of 2012, is responsible for the attractive tax incentives on the island. He not only slashed property taxes to zero for new homeowners for the first five years, but he also included a 100% tax exemption on all supplemental, passive income. Moreover, international financial institutions that move to Puerto Rico are eligible for full property-tax exemption." Continue reading →
"Anguilla, Bermuda, the British Virgin Islands, Montserrat and the Turks and Caicos Islands have agreed to 'much greater levels of transparency of accounts held in those jurisdictions', Britain’s Treasury said. The agreement means the jurisdictions have agreed to pass on names, addresses, dates of birth, account numbers, account balances and details of payments into the accounts. The jurisdictions will share the details with Britain but also with tax authorities in France, Germany, Italy and Spain. Britain recently reached similar tax information-sharing agreements with Jersey, Guernsey and the Isle of Man." Continue reading →