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Gonzalo San Gil, PhD.

Relaxing "Neutrality" Principles Could Unlock Online Innovation | MIT Technology Review - 1 views

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    "Letting go of an obsession with net neutrality could free technologists to make online services even better. By George Anders " [ # ! The '#Trap' remains... # ! ... as available #bandwidth continue to be as a matter of the # ! #Money one can #pay and, unless #Providers seriously #engage # ! in #price # ! #lowering -and #QoS guaranteeing, the '#DigitalDivide' # ! will #remain #widening... ]
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    "Letting go of an obsession with net neutrality could free technologists to make online services even better. By George Anders "
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    "Letting go of an obsession with net neutrality could free technologists to make online services even better. By George Anders " [ # ! The '#Trap' remains... # ! ... as available #bandwidth continue to be as a matter of the # ! #Money one can #pay and, unless #Providers seriously #engage # ! in #price # ! #lowering -and #QoS guaranteeing, the '#DigitalDivide' # ! will #remain #widening... ]
Gonzalo San Gil, PhD.

MPAA Boss: Europe's Geo Unblocking Plans Threaten Movie Industry - TorrentFreak [# ! Note] - 0 views

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    " By Ernesto on June 23, 2016 C: 170 News MPAA Chairman and CEO Chris Dodd fears that Europe's plans to limit geo-blocking will "cause great harm" to the movie industry. In a keynote address at the CineEurope convention, Dodd warned that broad access to movies and TV-shows will result in fewer films and higher prices for consumers."
Gonzalo San Gil, PhD.

DailyDirt: Publishing Digitally (For Free!) | Techdirt - 0 views

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    "from the urls-we-dig-up dept Publishing content digitally is a topic that comes up around here fairly regularly. If you're a longtime Techdirt reader, you'll know that we generally think digital publishing drives down the price of content to free (but that doesn't mean your work is worthless!) and giving away content is often a very effective promotional tactic for selling other things that can't be freely copied. Here are just a few interesting examples of free content you can peruse at your leisure. "
Gonzalo San Gil, PhD.

Battle For The Net - 0 views

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    [CABLE COMPANIES ARE SPENDING MILLIONS TO GUT NET NEUTRALITY AND slow your internet to a crawl. WE CAN'T LET THEM. ] "Cable companies are famous for high prices and poor service. Several rank as the most hated companies in America. Now, they're attacking the Internet-their one competitor and our only refuge-with plans to charge websites arbitrary fees and slow (to a crawl) any sites that won't pay up. If they win, the Internet dies. "
Gonzalo San Gil, PhD.

Google: Targeting Downloaders Not The Best Solution to Fight Piracy | TorrentFreak - 0 views

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    " Ernesto on May 22, 2015 C: 0 News A few days ago it was revealed that Google is forwarding controversial settlement demands from copyright holders to its subscribers. Responding to the news, Google says the notices are forwarded in an effort to be as transparent as possible. However, the company adds that targeting individual downloaders isn't the best way to solve piracy. "
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    " Ernesto on May 22, 2015 C: 0 News A few days ago it was revealed that Google is forwarding controversial settlement demands from copyright holders to its subscribers. Responding to the news, Google says the notices are forwarded in an effort to be as transparent as possible. However, the company adds that targeting individual downloaders isn't the best way to solve piracy. "
Gonzalo San Gil, PhD.

Why is Payola Illegal? - 1 views

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    "by Alex Tabarrok on June 16, 2004 at 7:45 am in Economics, Music | Permalink Payola, making undisclosed payments to radio or tv personnel in return for the inclusion of material in programming created a big fuss in the late 1950s (it was made illegal in 1960) and again in 1986 when Al Gore investigated the "new payola." But why should payola be illegal? A song played on the radio is really an advertisement for the CD. Firms pay to advertise music on billboards and on television, why is this ok but paying to advertise on the radio not ok? Similarly, grocery stores price shelf spacing - some people object to this but it isn't illegal."
Paul Merrell

Rapid - Press Releases - EUROPA - 0 views

  • MEMO/09/15 Brussels, 17th January 2009
  • The European Commission can confirm that it has sent a Statement of Objections (SO) to Microsoft on 15th January 2009. The SO outlines the Commission’s preliminary view that Microsoft’s tying of its web browser Internet Explorer to its dominant client PC operating system Windows infringes the EC Treaty rules on abuse of a dominant position (Article 82).
  • In the SO, the Commission sets out evidence and outlines its preliminary conclusion that Microsoft’s tying of Internet Explorer to the Windows operating system harms competition between web browsers, undermines product innovation and ultimately reduces consumer choice. The SO is based on the legal and economic principles established in the judgment of the Court of First Instance of 17 September 2007 (case T-201/04), in which the Court of First Instance upheld the Commission's decision of March 2004 (see IP/04/382), finding that Microsoft had abused its dominant position in the PC operating system market by tying Windows Media Player to its Windows PC operating system (see MEMO/07/359).
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  • The evidence gathered during the investigation leads the Commission to believe that the tying of Internet Explorer with Windows, which makes Internet Explorer available on 90% of the world's PCs, distorts competition on the merits between competing web browsers insofar as it provides Internet Explorer with an artificial distribution advantage which other web browsers are unable to match. The Commission is concerned that through the tying, Microsoft shields Internet Explorer from head to head competition with other browsers which is detrimental to the pace of product innovation and to the quality of products which consumers ultimately obtain. In addition, the Commission is concerned that the ubiquity of Internet Explorer creates artificial incentives for content providers and software developers to design websites or software primarily for Internet Explorer which ultimately risks undermining competition and innovation in the provision of services to consumers.
  • Microsoft has 8 weeks to reply the SO, and will then have the right to be heard in an Oral Hearing should it wish to do so. If the preliminary views expressed in the SO are confirmed, the Commission may impose a fine on Microsoft, require Microsoft to cease the abuse and impose a remedy that would restore genuine consumer choice and enable competition on the merits.
  • A Statement of Objections is a formal step in Commission antitrust investigations in which the Commission informs the parties concerned in writing of the objections raised against them. The addressee of a Statement of Objections can reply in writing to the Statement of Objections, setting out all facts known to it which are relevant to its defence against the objections raised by the Commission. The party may also request an oral hearing to present its comments on the case. The Commission may then take a decision on whether conduct addressed in the Statement of Objections is compatible or not with the EC Treaty’s antitrust rules. Sending a Statement of Objections does not prejudge the final outcome of the procedure. In the March 2004 Decision the Commission ordered Microsoft to offer to PC manufacturers a version of its Windows client PC operating system without Windows Media Player. Microsoft, however, retained the right to also offer a version with Windows Media Player (see IP/04/382).
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    It's official, hot off the presses (wasn't there a few minutes ago). We're now into a process where DG Competition will revisit its previous order requiring Microsoft to market two versions of Windows, one with Media Player and one without. DG Competition staff were considerably outraged that Microsoft took advantage of a bit of under-specification in the previous order and sold the two versions at the same price. That detail will not be neglected this time around. Moreover, given the ineffectiveness of the previous order in restoring competition among media players, don't be surprised if this results in an outright ban on bundling MSIE with Windows.
Gary Edwards

The Economics of Giving It Away - WSJ.com JANUARY 31, 2009 By CHRIS ANDERSON - 0 views

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    In a battered economy, free goods and services online are more attractive than ever. So how can the suppliers make a business model out of nothing? ust as King Gillette's free razors only made business sense paired with expensive blades, so will today's Web entrepreneurs have to not just invent products that people love, but also those that they will pay for. Not all of the people or even most of them -- free is still great marketing and bits are still too cheap to meter -- but enough to pay the bills. Free may be the best price, but it can't be the only one.
Gary Edwards

MS finally to bring Office to the Web, Windows smart phones - NYTimes.com - 0 views

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    Last week, Microsoft reported that revenue from the Microsoft business division (MBD) grew 20% year over year to US$4.95 billion in the most recent quarter. That is more than Microsoft's client division, which makes Windows. Most of MBD's revenue comes from Office, though Microsoft doesn't break out an exact percentage. Windows has 1 billion users. Office has only 500 million. Consumers will be able to subscribe to Office Web and even get it at a discount price, provided they are willing to view Web ads. Business customers seeking "more manageability and control" will be able to buy subscriptions to Office Web similar to the subscription Microsoft offers for a bundle combining Web-based versions of Exchange and SharePoint. That costs $3 per user per month. Enterprises may also get Office Web through conventional volume licensing software contracts, which will allow them to either install Office on desktop and other client PCs, or have Microsoft host it on their server. Unlike non-Microsoft products (Google Docs - ZOHO - BuzzWord), Office Web will guarantee that the "viewing experience is fantastic" and that formatting and meta data from Office documents don't "get munged up,". Office Web will provide a superior "end-to-end solution" by letting users view and edit documents whenever they want to, including browsers such as Firefox, Internet Explorer and Safari and Windows Mobile smart phones. The Office Web focus will be on business productivity according to Chris Capossela. The Office Web experience can be enhanced by Silverlight (Microsoft RiA).
Paul Merrell

Rapid - Press Releases - EUROPA - 0 views

  • The Commission has found that Intel excluded its competitor in two ways: through illegal loyalty rebates by paying manufacturers and retailers to restrict the commercialisation of competitors' products.These illegal actions were designed to preserve Intel's market share at a time when their only significant rival - AMD - was a growing threat to Intel's position. This threat was widely recognised by both computer manufacturers and in Intel's own internal documents seen by the Commission. The computer manufacturers involved are Acer, Dell, HP, Lenovo and NEC. The retailer involved is Media Saturn Holdings, the parent company of Media Markt.
  • Naturally, the Commission favours strong, vigorous price competition, including by dominant firms. However, Intel went beyond normal price competition by giving rebates to computer manufacturers on the condition that they bought all, or almost all, of their CPUs from Intel. Intel also made direct payments to a major retailer – Media Markt - on the condition that it stocked only computers with Intel CPUs.
  • Just to give you one example: in one case, a computer manufacturer took up only a small part of an offer by AMD of free CPUs because acceptance of all the free CPUs offered would have led that computer manufacturer to breach the conditions of its agreement with Intel and to lose rebates on all its much more numerous Intel purchases.
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  • Intel made direct payments to computer manufacturers to halt or delay the launch of products using their rival's chips, and to limit their distribution once available. The Commission has specific, documented examples, of Intel paying other manufacturers to, for example, delay the launch of an AMD-based PC by six months, and to restrict the sales of AMD-based products to certain customers.
  • The Commission Decision contains evidence that Intel went to great lengths to cover-up many of its anti-competitive actions. Many of the conditions mentioned above were not to be found in Intel’s official contracts. However, the Commission was able to gather a broad range of evidence demonstrating Intel's illegal conduct through statements from companies, on-site inspections, and formal requests for information.
  • Finally, I would like to draw your attention to Intel's latest global advertising campaign which proposes Intel as the "Sponsors of Tomorrow." Their website invites visitors to add their 'vision of tomorrow'. Well, I can give my vision of tomorrow for Intel here and now: "obey the law".
Gonzalo San Gil, PhD.

Dance to the Holy Man: Silencers: Music @ Amazon.com - 3 views

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    - 37$ for a Disc from 1991 is Thievery. Full Stop. Who Is Killing Music....? @ll We Know. [ Silencers | Format: Audio CD 5.0 out of 5 stars See all reviews (1 customer review) 1 Review 5 star: (1) 4 star: (0) 3 star: (0) 2 star: (0) 1 star: (0) › See the customer review... | Like 1304352585 false -1 0 0 0 (0) Price: $37.60 & this item ships for FREE with Super Saver Shipping. Details ]
Gonzalo San Gil, PhD.

Hate Amazon? 6 alternatives for buying books, electronics and more | ITworld - 0 views

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    "Here's where to buy if you want to avoid the Web's biggest bully By Preston Gralla May 28, 2014, 11:35 AM - The Amazon bully just got nastier, with Amazon refusing to take orders for upcoming books from publisher Hachette for authors including J.K. Rowling, Tina Fey, and others, because Hachette won't agree to Amazon's lowball pricing demands. Tired of buying from the world's nastiest Web site? There are plenty of other alternatives --- here are six of my favorites."
Paul Merrell

Prepare to Hang Up the Phone, Forever - WSJ.com - 0 views

  • At decade's end, the trusty landline telephone could be nothing more than a memory. Telecom giants AT&T T +0.31% AT&T Inc. U.S.: NYSE $35.07 +0.11 +0.31% March 28, 2014 4:00 pm Volume (Delayed 15m) : 24.66M AFTER HOURS $35.03 -0.04 -0.11% March 28, 2014 7:31 pm Volume (Delayed 15m): 85,446 P/E Ratio 10.28 Market Cap $182.60 Billion Dividend Yield 5.25% Rev. per Employee $529,844 03/29/14 Prepare to Hang Up the Phone, ... 03/21/14 AT&T Criticizes Netflix's 'Arr... 03/21/14 Samsung's Galaxy S5 Smartphone... More quote details and news » T in Your Value Your Change Short position and Verizon Communications VZ -0.57% Verizon Communications Inc. U.S.: NYSE $47.42 -0.27 -0.57% March 28, 2014 4:01 pm Volume (Delayed 15m) : 24.13M AFTER HOURS $47.47 +0.05 +0.11% March 28, 2014 7:59 pm Volume (Delayed 15m): 1.57M
  • The two providers want to lay the crumbling POTS to rest and replace it with Internet Protocol-based systems that use the same wired and wireless broadband networks that bring Web access, cable programming and, yes, even your telephone service, into your homes. You may think you have a traditional landline because your home phone plugs into a jack, but if you have bundled your phone with Internet and cable services, you're making calls over an IP network, not twisted copper wires. California, Florida, Texas, Georgia, North Carolina, Wisconsin and Ohio are among states that agree telecom resources would be better redirected into modern telephone technologies and innovations, and will kill copper-based technologies in the next three years or so. Kentucky and Colorado are weighing similar laws, which force people to go wireless whether they want to or not. In Mantoloking, N.J., Verizon wants to replace the landline system, which Hurricane Sandy wiped out, with its wireless Voice Link. That would make it the first entire town to go landline-less, a move that isn't sitting well with all residents.
  • New Jersey's legislature, worried about losing data applications such as credit-card processing and alarm systems that wireless systems can't handle, wants a one-year moratorium to block that switch. It will vote on the measure this month. (Verizon tried a similar change in Fire Island, N.Y., when its copper lines were destroyed, but public opposition persuaded Verizon to install fiber-optic cable.) It's no surprise that landlines are unfashionable, considering many of us already have or are preparing to ditch them. More than 38% of adults and 45.5% of children live in households without a landline telephone, says the Centers for Disease Control and Prevention. That means two in every five U.S. homes, or 39%, are wireless, up from 26.6% three years ago. Moreover, a scant 8.5% of households relied only on a landline, while 2% were phoneless in 2013. Metropolitan residents have few worries about the end of landlines. High-speed wire and wireless services are abundant and work well, despite occasional dropped calls. Those living in rural areas, where cell towers are few and 4G capability limited, face different issues.
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  • Safety is one of them. Call 911 from a landline and the emergency operator pinpoints your exact address, down to the apartment number. Wireless phones lack those specifics, and even with GPS navigation aren't as precise. Matters are worse in rural and even suburban areas that signals don't reach, sometimes because they're blocked by buildings or the landscape. That's of concern to the Federal Communications Commission, which oversees all forms of U.S. communications services. Universal access is a tenet of its mission, and, despite the state-by-state degradation of the mandate, it's unwilling to let telecom companies simply drop geographically undesirable customers. Telecom firms need FCC approval to ax services completely, and can't do so unless there is a viable competitor to pick up the slack. Last year AT&T asked to turn off its legacy network, which could create gaps in universal coverage and will force people off the grid to get a wireless provider.
  • AT&T and the FCC will soon begin trials to explore life without copper-wired landlines. Consumers will voluntarily test IP-connected networks and their impact on towns like Carbon Hills, Ala., population 2,071. They want to know how households will reach 911, how small businesses will connect to customers, how people with medical-monitoring devices or home alarms know they will always be connected to a reliable network, and what the costs are. "We cannot be a nation of opportunity without networks of opportunity," said FCC Chairman Tom Wheeler in unveiling the plan. "This pilot program will help us learn how fiber might be deployed where it is not now deployed…and how new forms of wireless can reach deep into the interior of rural America."
Gonzalo San Gil, PhD.

MPAA: We're Not Going to Arrest 14 Year Olds, We Educate Them | TorrentFreak - 0 views

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    [# ! ... #industry #understands. # ! And starts moving...] " Andy on September 11, 2014 C: 30 Breaking In yet more signs that Hollywood is trying to repair its battered image over piracy, the head of the MPAA has indicated that fresh legislation will not solve the problem. "Arresting 14-year-olds" isn't going to work, Chris Dodd says, but making content widely available at a fair price is. Your move Google."
Gonzalo San Gil, PhD.

RIAA: The Pirate Bay Assaults Fundamental Human Rights | TorrentFreak - 0 views

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    " Ernesto on October 28, 2014 C: 50 Breaking The RIAA has just submitted its latest list of "rogue" websites to the U.S. Government. The report includes many of the usual suspects and also calls out websites who claim that they're protecting the Internet from censorship, specifically naming The Pirate Bay. "We must end this assault on our humanity and the misappropriation of fundamental human rights," RIAA writes." [# ! Funny # ! ... coming from those who #scorn #culture, keep #prices artificially # ! high, treat all Pe@ple as #Thieves, and #lobby #politics to # ! #manipulate #laws for the (#extreme) #benefit of just a #few...]
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    " Ernesto on October 28, 2014 C: 50 Breaking The RIAA has just submitted its latest list of "rogue" websites to the U.S. Government. The report includes many of the usual suspects and also calls out websites who claim that they're protecting the Internet from censorship, specifically naming The Pirate Bay. "We must end this assault on our humanity and the misappropriation of fundamental human rights," RIAA writes."
Gary Edwards

Is Linux dead for the desktop? - 1 views

  • Linux never had the apps
  • Charles King, an IT analyst who follows enterprise trends, says the big change is in IT. At one time, executives in charge of computing services were mostly concerned with operating systems and applications for massive throng of traditional business users. Those users have now flocked to mobile computing devices, but they still have a Windows PC sitting on their desk.
  • Today, Microsoft's lock (on the desktop, anyway) remains secure, even in the face of Apple's surge," King says. "Ironically enough, though, the open source model remains alive and well but mostly in the development of new standards and development platforms."
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  • David Johnson
  • What corporate end users really need is familiarity, consistency and compatibility - something Apple, Microsoft and Google seem more adept at offering."
  • Can desktop Linux OS be saved? Johnson says the best example of how to save Linux OS is the Chrome OS, an all-in-one laptop and desktop offering available through major consumer electronics companies such as LG (with their Chromebase all-in-one) and the Samsung Chromebook 2
  • The problem is that Chrome OS and Android aren't the same as Linux OS on the desktop. It's a complete reinvention. There are few Windows-like productivity apps and no knowledge worker apps designed for keyboard and mouse.
  • All of experts agree - Windows won every battle for the business user.
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    "For executives in charge of desktop deployments in a large company, Linux OS was once hailed as a saviour for corporate end users. With incredibly low pricing - free, with fee-based support plans, for example - distributions such as Ubuntu Desktop and SUSE Linux Enterprise offered a "good enough" user interface, along with plenty of powerful apps and a rich browser. A few years ago, both Dell and HP jumped on the bandwagon; today, they still offer "developer" and "workstation" models that come pre-loaded with a Linux install. Plus, anyone who follows the Linux market knows that Google has reimagined Linux as a user-friendly tablet interface (the wildly popular Android OS) and a browser-only desktop variant (Chrome OS). Linux also shows up on countless connected home gadgets, fitness trackers, watches and other low-cost devices, mostly because OS costs are so low. The desktop computing OS for end users has failed to capture any attention lately, though. Al Gillen, the programme vice president for servers and system software at IDC, says the Linux OS as a computing platform for end users is at least comatose - and probably dead. Yes, it has reemerged on Android and other devices, but it has gone almost completely silent as a competitor to Windows for mass deployment. As they say, you can hear the crickets chirping."
Paul Merrell

Tech firms and privacy groups press for curbs on NSA surveillance powers - The Washingt... - 0 views

  • The nation’s top technology firms and a coalition of privacy groups are urging Congress to place curbs on government surveillance in the face of a fast-approaching deadline for legislative action. A set of key Patriot Act surveillance authorities expire June 1, but the effective date is May 21 — the last day before Congress breaks for a Memorial Day recess. In a letter to be sent Wednesday to the Obama administration and senior lawmakers, the coalition vowed to oppose any legislation that, among other things, does not ban the “bulk collection” of Americans’ phone records and other data.
  • We know that there are some in Congress who think that they can get away with reauthorizing the expiring provisions of the Patriot Act without any reforms at all,” said Kevin Bankston, policy director of New America Foundation’s Open Technology Institute, a privacy group that organized the effort. “This letter draws a line in the sand that makes clear that the privacy community and the Internet industry do not intend to let that happen without a fight.” At issue is the bulk collection of Americans’ data by intelligence agencies such as the National Security Agency. The NSA’s daily gathering of millions of records logging phone call times, lengths and other “metadata” stirred controversy when it was revealed in June 2013 by former NSA contractor Edward Snowden. The records are placed in a database that can, with a judge’s permission, be searched for links to foreign terrorists.They do not include the content of conversations.
  • That program, placed under federal surveillance court oversight in 2006, was authorized by the court in secret under Section 215 of the Patriot Act — one of the expiring provisions. The public outcry that ensued after the program was disclosed forced President Obama in January 2014 to call for an end to the NSA’s storage of the data. He also appealed to Congress to find a way to preserve the agency’s access to the data for counterterrorism information.
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  • Despite growing opposition in some quarters to ending the NSA’s program, a “clean” authorization — one that would enable its continuation without any changes — is unlikely, lawmakers from both parties say. Sen. Ron Wyden (D-Ore.), a leading opponent of the NSA’s program in its current format, said he would be “surprised if there are 60 votes” in the Senate for that. In the House, where there is bipartisan support for reining in surveillance, it’s a longer shot still. “It’s a toxic vote back in your district to reauthorize the Patriot Act, if you don’t get some reforms” with it, said Rep. Thomas Massie (R-Ky.). The House last fall passed the USA Freedom Act, which would have ended the NSA program, but the Senate failed to advance its own version.The House and Senate judiciary committees are working to come up with new bipartisan legislation to be introduced soon.
  • The tech firms and privacy groups’ demands are a baseline, they say. Besides ending bulk collection, they want companies to have the right to be more transparent in reporting on national security requests and greater declassification of opinions by the Foreign Intelligence Surveillance Court.
  • Some legal experts have pointed to a little-noticed clause in the Patriot Act that would appear to allow bulk collection to continue even if the authority is not renewed. Administration officials have conceded privately that a legal case probably could be made for that, but politically it would be a tough sell. On Tuesday, a White House spokesman indicated the administration would not seek to exploit that clause. “If Section 215 sunsets, we will not continue the bulk telephony metadata program,” National Security Council spokesman Edward Price said in a statement first reported by Reuters. Price added that allowing Section 215 to expire would result in the loss of a “critical national security tool” used in investigations that do not involve the bulk collection of data. “That is why we have underscored the imperative of Congressional action in the coming weeks, and we welcome the opportunity to work with lawmakers on such legislation,” he said.
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    I omitted some stuff about opposition to sunsetting the provisions. They  seem to forget, as does Obama, that the proponents of the FISA Court's expansive reading of section 215 have not yet come up with a single instance where 215-derived data caught a single terrorist or prevented a single act of terrorism. Which means that if that data is of some use, it ain't in fighting terrorism, the purpose of the section.  Patriot Act § 215 is codified as 50 USCS § 1861, https://www.law.cornell.edu/uscode/text/50/1861 That section authorizes the FBI to obtain an iorder from the FISA Court "requiring the production of *any tangible things* (including books, records, papers, documents, and other items)."  Specific examples (a non-exclusive list) include: the production of library circulation records, library patron lists, book sales records, book customer lists, firearms sales records, tax return records, educational records, or medical records containing information that would identify a person." The Court can order that the recipient of the order tell no one of its receipt of the order or its response to it.   In other words, this is about way more than your telephone metadata. Do you trust the NSA with your medical records? 
Gonzalo San Gil, PhD.

Apple must pay £315 million as US Supreme Court rejects e-book antitrust appe... - 0 views

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    "Appeals court ruled that Apple knowingly conspired with publishers to keep prices high. by Megan Geuss (US) - Mar 7, 2016 5:45 pm UTC"
Paul Merrell

Facebook unveils cryptocurrency Libra | Time - 0 views

  • As it continues to explore new business models that may work in a world focused on privacy rather than broadly sharing data online, Facebook on Tuesday revealed plans for its own global digital currency, Libra, which aims to allow users to make purchases or send money with close to zero transaction fees. Facebook said it hopes Libra will make it easier for the estimated 1.7 billion unbanked adults worldwide to access banking services and transfer money electronically. “Just as people can use their phones to message friends anywhere in the world today, with Libra, the same can be done with money — instantly, securely and at a low cost,” Facebook said in a Libra white paper.
  • Users will be able to make transactions with Libra by 2020, Facebook says, both through a standalone app called Calibra as well as with Facebook’s own family of apps. Unlike bitcoin and some similar offerings, the price of Libra is tied to low-risk assets, which should prevent the speculative behavior and wild price swings plaguing other digital currencies. The currency will be overseen by the Libra Association, a Switzerland-based collective of more than a dozen companies, including Visa, Uber and Mastercard, each of whom have invested at least $10 million in the technology. Users of Libra will pay $1 to use Libra which will sit in a bank account and earn interest which will pay the Libra Association.
jkctechnosoftit

Mobile app design - 0 views

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    we are one of the best mobile app design company in hyderabad,India.we offer services like mobile apps fo r android and Ios at affordable prices.
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