Ars Technica had already reported that politicians have closely mimicked Comcast talking points and re-used Comcast's own statements without attribution. The documents revealed today show just how deeply Comcast is involved with certain politicians, and how they were able to get them on board.
The expense of replacing old copper lines with fiber has allegedly led Verizon to stop building in new regions and to complete wiring up the areas where it had already begun. The fiber network was profitable, but nowhere near as profitable as their wireless network. So, if Verizon hasn't started in your neighborhood by now, they never will, and you'd best ignore all those ads for FiOS.
Regulation, speculation, fraud, and cultural fashions all play a role in making new currencies risky; reader mbkennel yesterday asked an insightful question: "Are you up to loaning bitcoin or something less popular for 10 years?" Confidence in any given currency can be tested with the terms current holders are willing to accept to make loans payable in that same currency. (On the other hand, if large companies will accept it in payment, they've probably got an idea that a given currency will be around next month or next year.) If you've bought any form of crypto currency, what's been your experience, and what do you expect in 10 years? (Alternate Video Link)
Power will be supplied by an onboard 3.7 kilowatt-hour lithium-ion battery. That battery will drive a variable-pressure pump which operates all of the hydraulic systems. The pump makes ATLAS much quieter, but introduces a complication for the teams: it can be run at low pressure to save power and then switched to high pressure to get harder work done. Managing power consumption will be a very difficult task, but DARPA has also upped the prize money to $3.5 million in total.
Blasko has some advice for anyone who'd like to try minting a new cryptocurrency. Making your own coin, he says, is the easy part: anyone can clone code from an existing entrant, like Bitcoin, and rename the result — and that's exactly what he did. The hard work is what comes after: making worthwhile changes, building trust, and making it tradeable. Blasko's done the legwork to get his own currency, which he's bravely called "Unbreakable Coin," listed on exchanges like Cryptsy, and is working on his own auction site as well. He's also got an interesting idea for cryptocoin trading cards, and had a few prototypes on hand. (Part 1 is below; Part 2 to follow.) Alternate Video Link
Eric Holder, the U.S. Attorney General, has changed the rules of that program, making it more difficult for the police to do it under the federal program. They can still use local state programs, but that accounts for only about 57% of the cash taken. Holder did not end the program entirely — he left in some exceptions for things like explosives, weapons, and items related to child pornography, which all together amount to about 1% of the current federal program. Still, with this action he will have struck a serious blow to a despicable practice that serious newspapers and comedy TV shows decried as nothing more than legalized theft.
Timothy noticed these people at CES. They were one of the least flashy and least "consumer-y" exhibitors. But saving electricity by using it efficiently, while not glamorous, is at least as important as a $6000 Android phone. Note that the guy e-Radio had at CES speaking to Timothy was Scott Cuthbertson, their Chief Financial Officer. It's a technology-driven company, from Founder and CEO Jackson Wang on down, but in the end, saving money is what they sell. (Alternate Video Link)
One of the biggest names in the history of Big Oil – the Rockefellers – announced last September that they would be purging the portfolio of the Rockefeller Brothers Fund of 'risky' oil investments. And that risk has been underscored by the sudden collapse of the oil market. After cresting at more than $107 in mid-June, the price of a barrel of West Texas Intermediate dipped below $50 a barrel in early January. The crash carries big costs: Goldman Sachs warned that nearly $1 trillion in planned oil-field investments would be unprofitable – even if oil were to stabilize at $70 per barrel.