theodp writes "Indian police arrested two employees from the affiliate of PricewaterhouseCoopers who audited Satyam Computer Services, the IT outsourcing giant at the center of the nation's largest fraud inquiry. The move comes after Satyam founder Ramalinga Raju said he had fabricated $1 billion of assets and confessed to making up more than 10,000 employees to siphon money from the software company. State Farm Insurance has severed its ties with Satyam, citing uncertainty about the company's future as 'the only factor responsible for the termination of the contract,' which will reportedly affect at least 400 on-site Satyam employees. Other customers, including GE, are standing by Satyam, one of the top recipients of H-1B and L visas (so much for those $500 Fraud Prevention and Detection fees!)."

theodp writes "MAD Magazine is about to put out its 500th issue, but starting with its April publication, the mag is cutting down to only four issues per year. The feedback we've gotten from readers,' quipped Editor John Ficarra, 'is that only every third issue of MAD is funny, so we've decided to just publish those.' MAD Kids and MAD Classics are ceasing publication entirely. Keep up the what-me-worry game face, Alfred!"

theodp writes "Using Yahoo's free e-mail service to conduct government business was good enough for Sarah Palin. And now the Washington Times reports that Obama staffers turned to Gmail on Inauguration Day to conduct their business. Those wishing to contact members of the incoming Obama administration were instructed to contact staffers at wh.LASTNAME@gmail.com until official White House e-mail addresses became available."

theodp writes "Barack Obama apparently didn't return CmdrTaco's call. BusinessWeek reports that the choices for the first US CTO have narrowed, and it's now a two-horse race between Padmasree Warrior, Cisco's CTO, and Vivek Kundra, who holds the same title for the Government of the District of Columbia. Two very different resumes — which would you advise Obama to pick?" I just know I was #3 on the list.

theodp writes "Most of America's largest publicly traded corporations and Federal contractors — including those receiving billions of dollars from US taxpayers to finance their recovery — have set up offshore operations that could help them avoid paying US taxes, according to a GAO study released yesterday. Of the 100 largest public companies, 83 do business in tax-haven hot-spots like the Cayman Islands, Bermuda, and the British Virgin Islands. The report found that Citigroup, a recipient of $45B in bailout funds so far, has set up 427 subsidiaries in tax-haven countries, including 91 in Luxembourg, 90 in the Cayman Islands, and 35 in the British Virgin Islands. Household names on the lists from the tech sector include Apple (1 tax haven subsidiary), Cisco (38), Dell (29), HP (14), Intel (6), IBM (10), Microsoft (8), Motorola (4), and Oracle (77)."

theodp writes "Coming the day after it announced layoffs and office closures, Google's California Supreme Court filing arguing for the overturn of Proposition 8, which asks the Court not to harm its ability to recruit and retain employees, certainly could have been better timed. Google's support of same-sex marriage puts it on the same page with Dan'l Lewin, Microsoft's man in Silicon-Valley, who joined other tech leaders last October to denounce Prop 8 in a full-page newspaper ad. But oddly, Microsoft HR Chief Mike Murray cited religious beliefs for his decision to contribute $100,000 to 'Yes On 8', surprising coming from the guy who had been charged with diversity and sensitivity training during his ten-year Microsoft stint. "

theodp writes "PC Magazine's John C. Dvorak offers his curmudgeonly take on the 30th anniversary of the spreadsheet, which Dvorak blames for elevating once lowly bean counters to the executive suite and enabling them to make some truly horrible decisions. But even if you believe that VisiCalc was the root-of-all-evil, as Dvorak claims, your geek side still has to admire it for the programming tour-de-force that it was, implemented in 32KB memory using the look-Ma-no-multiply-or-divide instruction set of the 1MHz 8-bit 6502 processor that powered the Apple II." On the brighter side, one of my favorite things about Visicalc is the widely repeated story that it was snuck into businesses on Apple machines bought under the guise of word processors, but covertly used for accounting instead.

theodp writes "Last June, Google rolled out a new favicon, the small branding icon that graces your URL bar when you visit Google. Which, as it turned out, bore a striking similarity to Garth Brooks' Circle-G logo. Well, Google went back to the drawing board and has come back with a new favicon, which it says was inspired by — not copied from, mind you — its users' submitted ideas. Some are also seeing inspiration elsewhere for the new favicon, which consists of white 'g' on a background of four color swatches. Take the AVG antivirus icon, for instance. Or everybody's favorite memory toy, Simon. Or — in perhaps the unkindest cut of all — the four-color Microsoft Windows logo, shown here with a superimposed white '7'. Anything else come to mind?" What comes to mind for me is just how obsessed many people are with the Google favicon.

theodp writes "Every day, Americans toss out more than 350,000 cell phones and 130,000 computers, making electronic waste the fastest-growing part of the US garbage stream. A lot of the world's e-waste is exported to Guiyu, China, where peasants heat circuit boards over coal fires to recover lead (a 15" computer monitor can pack up to 7 lbs. of Pb), while others use acid to burn off bits of gold. Guiyu's willingness to deal with lead, mercury and other toxic materials generates $75 million a year for the village, but as a result. Guiyu is slowly poisoning itself with the highest level of cancer-causing dioxins in the world. The village experiences elevated rates of miscarriages, and its children suffer from an extremely high rate of lead poisoning. TIME suggests checking out recycling brokers and accredited e-stewards the next time you're ready to toss a gizmo."

theodp writes "After baring his DNA for the world to see, Steven Pinker follows up in the NYT Magazine with his take on the coming era of consumer genetics. Pinker comes away less wide-eyed than Time Magazine about the current predictive ability of $399 genetic tests, but is convinced enough to opt out of learning whether he has a gene that increases the risk of Alzheimer's and believes that genetic-testing-for-the-masses may hasten the arrival of national health insurance ('piecemeal insurance is not viable in a world in which insurers can cherry-pick the most risk-free customers'). Pinker believes that personal genomics is just too much fun to ban, but for now suggests: 'if you want to know whether you are at risk for high cholesterol, have your cholesterol measured; if you want to know whether you are good at math, take a math test.'"

theodp writes "If you say goodbye to paper and hello to green, you may learn first-hand that no good deed goes unpunished. Try to pay your final Verizon Wireless bill online after switching carriers, for example, and don't be surprised if you get a sorry-Dave-I'm-afraid-I-can't-do-that reply. Other vendors may curtail e-Bill services 30 days after you end service. And a promise of access to up to seven years of paperless statements is somewhat empty if you'll be cutoff as soon as you no longer have an account. With more-and-more companies enticing consumers to go paperless, how long a period of time should the records be made available online? Should it extend beyond the life of an account?"

The Recording Industry of America's favorite courtroom lawyer, Tom Perrelli, who has sued individual file swappers in multiple federal courts, is President-elect Barack Obama's choice for the third in line at the Justice Department. CNet's Declan McCullagh explores the background of the man who won the RIAA's lucrative business for his DC law firm: "An article on his law firm's Web site says that Perrelli represented SoundExchange before the Copyright Royalty Board — and obtained a 250 percent increase in the royalty rate for music played over the Internet by companies like AOL and Yahoo," not to mention Pandora and Radio Paradise. NewYorkCountryLawyer adds, "Certainly this does not bode well for CowboyNeal's being appointed Copyright Czar."

A few weeks back we discussed the perspective that the economic meltdown could be viewed as a global computer crash. In the NYTimes magazine, Joe Nocera writes in much more depth about one aspect of the over-reliance on computer models in the ongoing unpleasantness: the use of a single number to assess risk. Reader theodp writes: "Relying on Value at Risk (VaR) and other mathematical models to manage risk was a no-brainer for the Wall Street crowd, at least until it became obvious that the risks taken by the largest banks and investment firms were so excessive and foolhardy that they threatened to bring down the financial system itself. Nocera explores the age-old debate between those who assert that the best decisions are based on quantification and numbers, and those who base their decisions on more subjective degrees of belief about the uncertain future. Reliance on models created a 'false sense of security among senior managers and watchdogs,' argues Nassim Nicholas Taleb, who likens VaR to 'an air bag that works all the time, except when you have a car accident.'"

theodp writes "Working as a NASA intern, grad student Erez Lieberman had a eureka moment, resulting in an algorithm that detects whether a person is standing correctly or is off balance. Unfortunately, MIT liked it so much they decided to patent it. Seeking permission to use his own idea for his iShoe startup, which develops products like insoles to address the problems of seniors, Lieberman was told no problem — as long as he promised a hefty royalty and forked over a $75,000 upfront payment. Whether or not students are aware of it, the NYTimes reports that most universities own inventions created by students that were developed using a 'significant' amount of schools resources. Colleges and universities once obtained fewer than 250 patents a year, but that was before the Bayh-Dole Act gave them ownership of inventions developed through federally financed research. Now they acquire about 3,000 a year, and in 2006 licensing fees and equity in spinoff companies totaled at least $45B — research powerhouses like Stanford and NYU pocketed $61M and $157M, respectively."

AOL has been shutting down its free Web services, in some cases with little or no notice to users, and they are not the only ones. This blog post on the coming "datapocalypse" makes the case that those who host Web content should be required to provide notice and access to data for a year, and be held strictly accountable the way landlords are before they can evict a tenant. Some commenters on the post argue that you get what you pay for with free Web services, and that users should be backing up their data anyway. What do you think, should there be required notice and access before online hosts take user data offline for good?

theodp writes "So where do you turn to for great ideas when tough times force you to abort your engineers' brainchildren? If you're Google, reports Nicholas Carlson, you simply outsource brainstorming to your users. Google's launched a new Google Product Ideas blog as well as a Product Ideas for Google Mobile site where users can submit feature and product ideas and vote on others. So what's in it for you if you come up with Google's next billion-dollar-idea? 'If you post an idea or suggestion and we put it into action, we may give you a shout out on our Product Ideas blog,' explains Google, 'but we won't be compensating users for their ideas.' Lucky thing don't-be-evil Googlers don't have to live up to the IEEE Code of Ethics, or they might have to credit properly the contributions of others." So what's wrong with a shout out among consenting adults?

theodp writes "According to Microsoft, 'No information is collected during the [Genuine Advantage Program] validation process that can be used to identify or contact a user.' That's little comfort to the software counterfeiters who were just handed jail sentences ranging from 1.5-6.5 years by the Futian People's Court in China, especially since Microsoft contends that much of the estimated $2B in bogus software was detected by its Windows Genuine Advantage program. 'Software piracy negatively impacts local economic growth,' explained Microsoft VP Fengming Liu in a celebratory New Year's Eve press release. But then again, so does transferring $16B of assets and $9B in annual profit to an Irish tax haven, doesn't it?"

theodp writes "Microsoft's vision of your computing future is on display in its just-published patent application for the Metered Pay-As-You-Go Computing Experience. The plan, as Microsoft explains it, involves charging students $1.15 an hour to do their homework, making an Office bundle available for $1/hour, and billing gamers $1.25 for each hour of fun. In addition to your PC, Microsoft also discloses plans to bring the chargeback scheme to your cellphone and automobile — GPS, satellite radio, backseat video entertainment system. 'Both users and suppliers benefit from this new business model,' concludes Microsoft, while conceding that 'the supplier can develop a revenue stream business that may actually have higher value than the one-time purchase model currently practiced.' But don't worry kids, that's only if you do more than 52 hours of homework a year!"

wytcld writes "Fairpoint Communications, which has taken over Verizon's landline business in Maine, New Hampshire and Vermont, has announced that on February 6, 'AOL, Yahoo! and MSN subscribers will continue to have access to content but will no longer be able to access their e-mail through the third-party Web site. Instead, Yahoo! and other third-party e-mail will be accessed directly at the MyFairPoint.net portal.' Since Verizon spun off its lines to Fairpoint in a maneuver that got debt off of Verizon's balance sheets by saddling Fairpoint with it, there was concern by the public service boards of the three states about how Fairpoint would deal with that debt. Fairpoint's profit plan: force all Webmail users through Fairpoint's portal, by blocking all direct access to Webmail portals other than its own. Will Fairpoint's own search engine portal be next? What can stop them?"

theodp writes "Taking a page from the insanely-jealous-husband-playbook, Motorola management has adopted an if-I-can't-have-you-nobody-can stance on its fired employees, reportedly blocking RIM from offering jobs to laid-off workers. In a complaint filed in state court, Motorola is charged with improperly trying to expand a previous agreement 'to prevent the RIM entities from hiring any Motorola employees, including the thousands of employees Motorola has already fired or will fire.' Through its Compete America membership, Motorola has repeatedly warned Congress that failing to accommodate the lobbying group members' 'principled' demand for timely access to talent would not be in the United States' economic interest and would make the US second-rate in education and basic research."