Keyword: proprietary
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WASHINGTON (AP) -- MF Global, Jon Corzine's embattled securities firm, moved millions in missing client funds last week and tried to avoid detection, a regulator said Wednesday. MF apparently made "substantial transfers" of customer money after an on-site audit last week, said the regulator, CME Group Inc. CME is a private company that oversees firms such as MF Global on behalf of federal regulators. It also operates exchanges where MF Global traded investments. The money was moved in a way that "may have been designed to avoid detection," CME said in a statement. MF Global filed for bankruptcy protection Monday...
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The stretch of U.S. 65 between Ozark and Branson (MO)has some of the Ozarks’ most impressive scenery. There are lush, rolling hills, distant horizons and, if you look east, one of the biggest homes in the United States. A house currently under construction near Highlandville spans almost a full acre from wall to wall, on a 500-acre site. The ambitious project, nearly three years in and barely at the first floor, totals 72,000 square feet. Putting that figure in perspective might require a few comparisons. According to the Census Bureau, the average new home size over the last five years...
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Several times during my tenure in the House of Representatives, then-Speaker Newt Gingrich found reason to illustrate a point he was making, by recounting a story attributed to Albert Einstein. According to Newt, when the famed physicist was asked what he considered “the most powerful force in the universe,” he replied “compound interest.” While I hesitate to take issue with one as renowned as Albert Einstein, I think he was wrong. In my view, the most powerful force in the universe is not compound interest, or even the forces of atomic particles the study of which won Einstein the Nobel...
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The White House wants commercial banks that take deposits from customers to be barred from investing on behalf of the bank itself—what's known as proprietary trading—and said the administration will seek new limits on the size and concentration of financial institutions.
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The new MacBook Pro family has a breakthrough battery that runs for up to 7 hours on a single charge (8 hours on the 17-inch MacBook Pro).1 And thanks to advanced chemistry and an innovative new charging method, it can be recharged up to 1000 times — nearly three times the lifespan of typical notebook batteries.2 All in a notebook that’s as thin and light as ever....
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This month, SAP's Shai Agassi referred to open-source software as "intellectual property socialism." In January, Bill Gates suggested that free-software developers are communists. A few years earlier, Microsoft CEO Steve Ballmer called the open-source operating system Linux "a cancer."
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Apple can alter its business plan slightly and become the well-liked dominant force in the technology market. Everything Apple needs sits right in front of them for the taking. We're just sitting here waiting to restart global innovation and take the PC to the next step.
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Starting today you can order a Power Macintosh G5 which will display dual processor bars inside the task manager with still only one processor on the motherboard – how does that work?
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You might not think that Citizens Against Government Waste would be playing up the cost benefits of proprietary software for use by government, but the nonpartisan, nonprofit organization did just that with a recent press release. Praising the U.S. Office of Management and Budget (OMB) for its memorandum urging agencies to consider the total cost of ownership including lifecycle maintenance, risk, and ensuring security when acquiring software, CAGW indicated that open source can cost more. CAGW President Tom Schatz said people mistakenly refer to open source as free software because it can be freely altered and distributed, yet while the...
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And XP service pack one in the wild By INQUIRER staff: Friday 12 July 2002, 08:38 US MAGAZINE Infoworld said that Microsoft will announce the next step in its digital media plans codenamed Corona next Monday. The paper says that Microsoft will steer cleer of MPEG 4, a widely accepted industry standard for digital media and instead plump to continue on its own remorseless proprietary path. The "Corona" technology is slated to be at the heart of the next version of its Media Player technology. On Monday, Microsoft will officially name the product and its launch date, as well as...
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"Opening the Open-Source Debate" The Alexis de Tocqueville Institution (AdTI) has finally published its white paper entitled "Opening the Open Source Debate". My earlier comments were based on media reports and e-mail correspondence with the paper's author. This document was written after I read the actual white paper. (The original link seems not to work; I managed to grab a copy of the paper before AdTI pulled it. This link may work.) The AdTI's very weak and poorly-researched paper opens no debate. It simply confirms that Microsoft paid AdTI to come up with something---anything---to stem the growing adoption of open-source...
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