IT News

The Bad Astronomer writes "What's the nearest star to Earth that can explode as a supernova? Spica, at 260 light years away, is the nearest massive star that can explode, but IK Pegasi — a Sirius-like binary composed of a normal star and a white dwarf — will also one day blow. At a distance of 150 light years, it's truly the closest supernova candidate. Happily, that's too far away to damage the Earth when it goes off — and it won't explode for millions of years at least, by which time it'll be even farther away. Either way, we're safe... for now."

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medv4380 writes "38 Studios, run by Curt Shilling, is having a hard time paying its bills and employees. The gaming community hasn't been happy with the company since the issue with an Online Pass for Single Player Content, which we discussed previously. Now, 38 Studios has bounced a check intended as a payment on its $75 million loan from the state of Rhode Island. If the company defaults, Rhode Island taxpayers will have to cover the loan and interest, which could total nearly $100 million."

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Facebook's much-hyped IPO kicked off today, but an anonymous reader points out that things didn't go quite as smoothly as investors hoped. "Public trading didn't get underway until about 11:30 a.m. ET, half an hour after it was supposed to. The delay was likely caused by the huge amount of interest in the stock – especially by retail investors. In the first few minutes of trading, Facebook shares were only up between 5 and 10 per cent and by noon were essentially back down to the IPO price of $38. Many observers had expected the stock to double in price by the end of the day, if not sooner." The NY Times has a data visualization showing how Facebook's IPO compares to other tech IPOs throughout the years, and how the first day of trading treated all of those companies. Meanwhile, the debate is lively over whether the social networking giant will be a good investment. "The banks helping take Facebook public want us to value this 8-year-old upstart at as much as $104 billion, more than Disney or Kraft Foods, though those companies earn three and four times more. That top valuation is also more than 100 times Facebook's earnings last year, versus 13 times for the average company. At such a high price, it will take years for this so-called earnings multiple to fall to a more reasonable level, and that's assuming the company can maintain its torrid earnings growth."

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Unofficial APIs are the new fruit of temptation

Microsoft has urged developers to only use approved Windows 8 software interfaces to avoid spoiling the launch of its new operating system with dodgy code.…

IT World: Just days after the Mandriva community started its own plans for the next release of the French Linux distribution, its commercial sponsor has formally announced that the community will take the lead on all Mandriva Linux development moving forward.

Sparrowvsrevolution writes "On Thursday, the House Judiciary Committee held a hearing to discuss a proposed bill to limit location tracking of electronic devices without a warrant — what it's calling the Geolocational Privacy and Surveillance Act, or the GPS Act. Ahead of that hearing, University of Pennsylvania computer science professor Matt Blaze submitted written testimony (PDF) telling Congress that phone carriers, as well as the law enforcement agencies with which they share data, can now use phones' proximity to cell towers and other sources of cellular data to track their location as precisely or even more precisely than they can with global positioning satellites. Thanks to the growing density of cell towers and the proliferation of devices like picocells and femtocells that transmit cell signals indoors, even GPS-less phones can be tracked with a high degree of precision and can offer data that GPS can't, like the location of someone inside a building or what floor they're on. With the GPS Act, Congress is considering expanding the ban on warrantless tracking of cars with GPS devices that the Supreme Court decided on in January. Blaze's testimony suggests they need to include non-GPS tracking of cell phones in that ban, a measure law enforcement agencies are strongly resisting."

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Under new management: First revamp passes one million downloads

Details have emerged about the security fixes that came bundled with Apache OpenOffice 3.4.0, the latest version of the open-source productivity suite.…

Round and round she goes, where she stops....

Facebook's shares debuted on the Nasdaq today at $42 and immediately skidded downwards to the original IPO price of $38.…

EMC World is not enough - time to live and let Flash die

What news will be revealed to the 13,000 people attending EMC World in Las Vegas next Monday?…

bonch writes "Autoparts manufacturer Delphi has developed a diesel-like ignition engine running on gasoline, providing a potential 50 percent efficiency improvement over existing gas-powered engines. Engineers have long sought to run diesel-like engines on gasoline for its higher efficiency and low emissions. Delphi's engine, using a technique called gasoline-direct-injection compression ignition, could rival the performance of hybrid automobiles at a cheaper cost."

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Really Linux: The desktop is not going to disappear suddenly because there is a movement to include mobile devices.

18 months' porridge for banking malware-spreader

A Brit who distributed a Trojan horse that posed as a patch for popular shoot-em-up game Call of Duty has been jailed for 18 months.…

ananyo writes "A newly-discovered microbial community living tens of meters beneath the Pacific Ocean floor uses so little oxygen that researchers believe they may be living at the absolute minimum energy requirement needed to subsist. For years, scientists thought that the ascetic conditions of the deep sub-seabed — high pressure, minimal oxygen and a low supply of nutrients and energy — made such environments uninhabitable to any form of life. The discovery extends the lower bound for life (abstract). The surface of Mars, for instance, may be inhospitable, but there may be conditions below the surface that are reminiscent of the deep subsurface on Earth. As microbiologist Bo Jørgensen comments in the Nature piece, while the discovery does not mean there is life on Mars, 'it's now really challenging to show where there is no life.'"

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Digital Dunkirk spirit

The second incarnation of CloudStore has floated, but don’t get too excited.…

Axolotl_Rose writes with news that Hewlett-Packard is preparing to cut around 30,000 jobs, close to 10% of its total workforce. CEO Meg Whitman reportedly wants to use that money instead for new products and for bolstering the sales force. From the NY Times: "China, which is one of H.P.’s highest growth areas, will probably be spared, as will its research and development efforts. Ms. Whitman, who became H.P.’s chief executive last September, 'is trying to build a new company,' one senior executive said of the job cuts. 'You can count this as a part of that.' The final plan is expected to be announced on Wednesday, when H.P. announces earnings for its second fiscal quarter. Considered a slow-moving giant in the tech industry, H.P. had revenue of $127 billion in fiscal 2011, but net earnings of just $7.1 billion. While it has a leading position in the sales of low-margin personal computers, H.P. has been late or unsuccessful in many recent tech trends like providing cloud computing services for big companies and smartphones and tablet computers." An article at Forbes suggests HP should instead 'retool' those jobs by recruiting makers and hackers, TED conference speakers, and others who have experience building and inventing things.

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Plus: Sky TV accounts for most of UK's 'space sector'

Analysis Everyone knows about Britain's soaraway space sector. It turns over £8bn a year – the same sort of money as the remaining automotive industry – it employs tens of thousands of people, and it's growing faster than the Chinese economy. And, famously, it has done all this without any significant government help.…

May refresh time unaffected by 3PAR buy

It's May and an time for HP to refresh its evergreen EVA storage line. HP said it would keep investing in the EVA when it bought 3PAR and has kept its promise, with two new models being announced, with larger drive support and better management SW.…

OpenSource.com: One of the most overlooked reasons to get involved with an open source project is career advancement

cedarhillbilly writes "In his new book The Geek Manifesto, Mark Henderson 'pleads for citizens who value science to force it onto the mainstream political agenda and other main walks of life.' There are some important questions that need answers: 'Do you have to give up your tech practice to undertake a public role?' Also, 'Is political life (compromise, working by consensus, irrationality) antithetical to the "geek" values?'" The Guardian's coverage sums up the idea nicely: "What I desperately want is a move toward an evidence-based culture in politics. Politicians are free to say: 'I think people on drugs should be punished because drugs are immoral.' That's a moral call, albeit a rather stupid one in my opinion. What they shouldn't do is say: 'I want to reduce drug use, and sending all users to prison is the most cost-effective way to achieve that.' That's not at moral call, it's a factual statement; as such it should be evidence-based, or else the person making it should shut the hell up."

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Duo dump Nokia to end SIM war with Apple - report

RIM and Motorola reportedly hope to break the deadlock over the design of future SIM cards by offering a blueprint that'll either appease every party or alienate all sides equally.…