« | Home | Recent Comments | Categories | »

ChatRoulette magic tricks

Posted on May 21st, 2011 at 22:50 by Paul Jay in category: News

[Quote]:

We here at The Feed have seen some great videos come out of ChatRoulette. Some time back we showed you a love song and marriage proposal, and now we have a video of amazing magic tricks being performed. Check it out.


Write a comment

Bill Clinton: Create Internet agency

Posted on May 21st, 2011 at 20:31 by Paul Jay in category: News

[Quote]:

Bill Clinton doesn’t like all the misinformation and rumors floating on the Internet. And he thinks the United Nations or the U.S. government should create an agency to do something about it.

“It would be a legitimate thing to do,” Clinton said in an interview airing Friday on CNBC.

The agency, Clinton said, would “have to be totally transparent about where the money came from” and would have to be “independent” because “if it’s a government agency in a traditional sense, it would have no credibility whatever, particularly with a lot of the people who are most active on the internet.”

CIA: Create Internet Agency.


Write a comment

Comments:

  1. Why not just use Wikipedia, Mr. Clinton? It’s totally legitimate. For example, it can tell you how many partners Dr. Who has had, which is pretty useful, I’d say.

  2. I think it’s a good idea. They should call it S.N.O.P.E.S.

Was LinkedIn Scammed?

Posted on May 21st, 2011 at 20:28 by John Sinteur in category: Robber Barons

[Quote]:

But, in reality, LinkedIn was scammed by its bankers.

[..]

As Eric Tilenius, the general manager of Zynga, wrote on Facebook: “A huge opening-day pop is not a sign of a successful I.P.O., but rather a massively mispriced one. Bankers are rewarding their friends and themselves instead of doing their fiduciary duty to their clients.”


Write a comment

Comments:

  1. Another bubble? Already?

  2. Uhm, maybe I’m missing something here, but I didn’t find any motivation in the op-ed for the ibanks to underprice the stock.

    Note:

    The 7.84 million shares it sold raised $352 million for the company. For this, the bankers were paid 7 percent of the deal as their fee.

    If they’d priced it at $90 to start, the sponsoring banks would’ve made 2x as much, so they scammed themselves too. The analogy with the real estate agent who sells a house twice doesn’t work–once the stock is sold, the second sale will almost always be through a different broker and at a much, much lower commission.

  3. @Desiato: The real estate analogy works fine viewed in this light: “By wildly underpricing the deal and selling LinkedIn’s stock to institutional clients way too cheaply…..It also means that the institutional investors who bought LinkedIn’s stock last night are high-fiving each other this morning, celebrating their instantaneous 90% gain. (Lots of them are probably also dumping some stock)…..(And, by the way, those clients won’t forget it. Which is why they’ll never stop doing business with Morgan and BOFA, no matter how many examples of Morgan and BOFA “putting themselves ahead of their clients” the press and regulators dredge up. As this morning’s $175 million gift illustrated, it’s GREAT to be a big client of Morgan and BOFA, and the clients will always keep coming back for more.)Read more: http://www.businessinsider.com/linked-in-ipo-2011-5-b#ixzz1N5ZC6rzf

    Nothing has changed. There was no serious reform. The banks and the nation are as corrupt as before, if not worse.

  4. I’m not really buying most of this. Pricing stock is hard, and the one thing you want to avoid at all cost is that the stock takes an immediate dive. Thus, pricing is going to be conservative.

    Instead of pointing fingers at MS and ML, maybe it makes just as much sense to say that the people paying bubble prices for the stock are nuts?

  5. @Desiato, Nuts? Well maybe, but more likely misinformed. It is the fallacy of the efficient market theory taught in b-schools which holds that all players have equal information. It has never been true. In fact the card holders manipulate information in a manner that is in legal terms, tantamount to “fraud in the inducement”. So blaming the buyer, in my opinion, is the seems to me as blaming the innocent victim of the crime for simply being there.

EU And China Adopt Harmonised Approach To Censorship

Posted on May 21st, 2011 at 20:11 by Paul Jay in category: News

[Quote]:

The European Union and China appear to have agreed to share their preferred approaches to censorship, producing a model that is a perfect mix between current EU and Chinese policies.

On 20 April 2011, at an event in the European Parliament entitled “Creative Industries: Innovation for Growth”, the French European Commissioner for the Internal Market, Michel Barnier, announced plans to make focus on Internet providers to enforce intellectual property. He explained that he did not want to “criminalise” consumers and therefore would put the pressure on online intermediaries (who will then police and punish the consumers instead).

Eight days later, on 28 April, the Beijing Copyright Bureau decided to follow exactly the same model. In its “Guiding Framework for the Protection of Copyright for Network Dissemination,” it proposes a range of obligations on Internet intermediaries such as:

-180-day data retention for the name and IP address of users, if the intermediary provides file-sharing or hosting services. This is fractionally more liberal than the most liberal approach permitted by the European Commission, which requires data retention for a minimum of six months;

- deterring and restraining (sic) those who upload unlicensed material, including terminating the offending users’ service (as appears in the preparatory works of the ACTA agreement, supported by the EU) and also reporting these infringing acts to copyright law enforcement authorities;

- employing “effective technical measures to prevent users uploading or linking to copyrighted works” (as supported by the EU in its input to the European Court of Justice in the Scarlet/Sabam case (C-70/10).

While the developments in relation to copyright show China’s willingness to learn from the EU’s planned repressive measures, the traffic is not entirely one-way, as shown by the recent revelations on the Hungarian Presidency’s “virtual Schengen” proposal.

In 2008, the French EU Presidency developed plans for a “Cybercrime Platform” to be run by Europol, as a means of collecting reports of illicit/unwanted content from across Europe, acting as an “information hub” with the reasonably obvious intention of a harmonised approach to blocking web content.


Write a comment

Botaoshi: The wacky Japanese sport of pole pull-down

Posted on May 21st, 2011 at 19:29 by Paul Jay in category: News

[Quote]:

What makes a sport? Competition. Athleticism. Sometimes a form of ball. This crazy scene has two out of three, so it qualifies. Introducing Botaoshi, the Japanese sport of “pole pull-down.” Can the blue team pull down the white team’s pole? See for yourself.

Go Blue! Aw, they were so close. It looks like a pretty intense game. The goal, if you hadn’t guessed, is to pull down the opponent’s pole within two or three minutes. No word on how the white team did when it was their turn to assault the pole, but we’ll keep you posted.

A frenzied mob charging into the opposition, beating and clawing at their opponents with the ultimate goal of destruction of property.


Write a comment

Wikileaks: Canadian Security Intelligence…adds its own informant to terror watch list

Posted on May 21st, 2011 at 1:57 by Sueyourdeveloper in category: News

Quote

…the Canadian Security Intelligence Service has mistakenly added one of its own moles to the growing U.S. terror list.

CSIS – not the smartest intelligence on the planet.


Write a comment