MAGAZINE ONLINE: The Zuckerberg Tax

TomTom Satnavs To Set Insurance Prices | Ask Slashdot: Where Are the Open Source Jobs?

Is Signature-Based AV Dead?
The days of signature-based antivirus (AV) protection being used as the sole method by which to protect an enterprise\'s myriad endpoints from malware threats are over. Today, there simply are too many types of sophisticated attacks and infections looming for signature-based AV to adequately do the job alone. IT organizations now need to consider stronger, more intelligent security strategies - like behavior-based AV solutions - to adequately protect their users\' numerous and ever-growing number of compute devices. Learn best practices in endpoint protection, and will provide how-to advice on how to smartly, comprehensively, and seamlessly secure your endpoints. Learn More!

The Zuckerberg Tax - 999 Comments
Hugh Pickens writes "David S. Miller writes that when Facebook goes public later this year, Mark Zuckerberg plans to exercise stock options worth $5 billion of the $28 billion that his ownership stake will be worth and since the $5 billion he will receive will be treated as salary, Zuckerberg will have a tax bill of more than $2 billion making him, quite possibly, the largest taxpayer in history. But how much income tax will Zuckerberg pay on the rest of his stock that he won't immediately sell? Nothing, nada, zilch. He can simply use his stock as collateral to borrow against his tremendous wealth and avoid all tax. That's what Lawrence J. Ellison, the chief executive of Oracle, did, reportedly borrowing more than a billion dollars against his Oracle shares to buy one of the most expensive yachts in the world. Or consider the case of Steven P. Jobs who never sold a single share of Apple after he rejoined the company in 1997, and therefore never paying a penny of tax on the over $2 billion of Apple stock he held at his death. Now Jobs' widow can sell those shares without paying any income tax on the appreciation before his death — only on the increase in value from the time of his death to the time of the sale — because our tax system is based on the concept of "realization." Individuals are not taxed until they actually sell property and realize their gains and the solution to the problem is called mark-to-market taxation. According to Miller, mark-to-market would only affect individuals who were undeniably, extraordinarily rich, only publicly traded stock would be marked to market, and a mark-to-market system of taxation on the top one-tenth of 1 percent would raise hundreds of billions of dollars of new revenue over the next 10 years."

TomTom Satnavs To Set Insurance Prices - 589 Comments
nk497 writes "TomTom has signed a deal with an insurance firm that will see its satnavs used to monitor drivers. Fair Pay Insurance, part of Motaquote, will use monitoring systems built into the TomTom PRO 3100 to watch for sharp braking and badly managed turns, rewarding 'good' drivers with lower premiums and warning less skilled motorists when they aren't driving as they should. 'We've dispensed with generalization's and said to our customers, if you believe you're a good driver, we'll believe you and we'll even give you the benefit up front,' said Nigel Lombard of Fair Pay Insurance."

US Approves Two New Nuclear Reactors - 549 Comments
JoeRobe writes "For the first time in 30 years, the US Nuclear Regulatory Commission has approved licenses to build two new nuclear reactors in Georgia. These are the first licenses to be issued since the Three Mile Island incident in 1979. The pair of facilities will cost $14 billion and produce 2.2 GW of power (able to power ~1 million homes). They will be Westinghouse AP1000 designs, which are the newest reactors approved by the NRC. These models passively cool their fuel rods using condensation and gravity, rather than electricity, preventing the possibility of another Fukushima Daiichi-type meltdown due to loss of power to cooling water pumps." Adds Unknown Lamer: "Expected to begin operation in 2016 or 2017, the pair of new AP1000 reactors will produce around 2GW of power for the southeast. This is the first of the new combined construction and operating licenses ever issued by the NRC; hopefully this bodes well for the many other pending applications."

Ask Slashdot: Where Are the Open Source Jobs? - 486 Comments
stry_cat writes "My company has bought into the FUD and is going 100% Microsoft. Rather than work in this environment and be continuously at odds with upper management, I have decided to seek employment elsewhere. Where do I look for an open source job? I've started with the local paper's Sunday classifieds. I've looked on dice.com and monster.com. However almost all are Microsoft related. The few that aren't are some sort of dinky contract or temp job. So is there a place to find a job in an open source environment?"

Pink Floyd Engineer Alan Parsons Rips Audiophiles, YouTube and Jonas Brothers - 414 Comments
First time accepted submitter CIStud writes "Famed 'Dark Side of the Moon' engineer Alan Parsons, who also worked on the Beatles 'Abbey Road,' says audiophiles spend too much money on equipment and ignore room acoustics. He also is surprised the music industry has not addressed the artists' rights violations taking place on YouTube, wonders why surround-sound mixes for albums never took off, and calls the Jonas Brothers 'garbage' all in one interview."

Ask Slashdot: How To Deal With Refurbed Drives With Customer Data? - 372 Comments
An anonymous reader writes "I just received 3 'refurbished' SATA drives from Newegg. All 3 had some sort of existing partition. Most appeared to be factory diagnostic partitions, but one had a full Dell Windows XP install complete with customer data. How big a deal is this? Should I contact someone besides Newegg about this?"

FBI File Notes Steve Jobs' Reality Distortion Field - 324 Comments
Hugh Pickens writes "Bloomberg reports that the FBI has released a decades-old file it kept on Steve Jobs, the deceased Apple co-founder, after a background check for a possible appointment by former President George H. W. Bush conducting interviews with unnamed associates of Jobs to judge his character, drug use and potential prejudices. 'Several individuals questioned Mr. Jobs' honesty stating that Mr. Jobs will twist the truth and distort reality in order to achieve his goals,' according to the materials. Several people commented 'concerning past drug use on the part of Mr. Jobs,' according to the file including marijuana, hashish and LSD during the period 1970 – 1974. The file also noted that Jobs was not a member of the communist party."

Building the Next-Generation Network-The Evolution of Legacy Network Infrastructure
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The Himalayas and Nearby Peaks Have Lost No Ice In Past 10 Years, Study Shows - 322 Comments
DesScorp writes "A story from UK's Guardian reports on a study of ice levels from the Himalayas area, and finds that no significant melting has occurred, despite earlier predictions of losses of up to 50 billion tons of ice. 'The very unexpected result was the negligible mass loss from high mountain Asia, which is not significantly different from zero,' said Professor Jonathan Bamber, who also warns that 8 years simply isn't enough time to draw conclusions. 'It is awfully dangerous to take an eight-year record and predict even the next eight years, let alone the next century,' he said." Readers have sent in a few other stories today relating to melting (or persisting) ice around the globe; read on for more.

Three Unexpected Data Points Describe Elementary School Quality - 315 Comments
garthsundem writes with a link to his story in Wired, according to which "Test scores and student/teacher ratio are nearly meaningless. But three new numbers do describe school quality: 1. (Test Scores/Parent Education): How do scores outpace expectations? 2. Test Score Growth: Any single score can be socioeconomics, but growth is due to the school. 3. (Teacher Salary*%Highly Qualified/Teacher Age): The best teachers will become highly qualified early, and will gravitate toward the best paying jobs." These factors seem to be at least interesting starting points; if you've shopped around for elementary schools, what else did you consider?

FAA Bill Authorizes Surveillance Drones Over US - 291 Comments
fyngyrz writes "Congress passed a bill this week that makes it easier for the government to fly unmanned spy planes in U.S. airspace. From the article: 'The FAA Reauthorization Act, which President Obama is expected to sign, also orders the Federal Aviation Administration to develop regulations for the testing and licensing of commercial drones by 2015. Privacy advocates say the measure will lead to widespread use of drones for electronic surveillance by police agencies across the country and eventually by private companies as well.'"

Online Privacy Worth Less Than Marshmallow Fluff Six Pack - 220 Comments
nonprofiteer writes "With a program called Screenwise, Google is offering a total of $25 in Amazon gift cards to anyone willing to install a Chrome browser extension that will let the search giant track every website the user visits and what they do there over a year-long period. Google says it will study this in order to improve its products and services. Forbes points out that $25 in Amazon credits isn't quite enough to buy a six pack of Marshmallow Fluff ($26.75)." The money isn't much as a pure trade for privacy, but I suspect that many people would like to have their preferences be among those that shape how Google — and other companies, too — actually organize their interfaces. (Note that the tracking can be selectively turned off by the user.)

The Science Fiction Effect - 201 Comments
Harperdog writes "Laura Kahn has a lovely essay about the history of science fiction, and how science fiction can help explain concepts that are otherwise difficult for many...or perhaps, don't hold their interest. Interesting that Frankenstein is arguably the first time that science fiction appears. From Frankenstein to Jurassic Park, authors have been writing about 'mad scientists' messing around with life. Science fiction can be a powerful tool to influence society's views — one scientists should embrace."

Google Close To Launching Cloud Storage 'Google Drive' - 196 Comments
MrSeb writes with this selection from ExtremeTech: "Why doesn't Google offer a cloud storage service to rival Dropbox, Box.net, or Microsoft's SkyDrive? Google has the most internet-connected servers in the world, the largest combined storage of any web company, and already offers photo storage (Picasa), document storage (Docs), music storage (Music), but for some reason it has never offered a unified Google Drive. According to people familiar with the matter, however, our wait is almost over: Google's Hard Drive In The Sky is coming soon, possibly 'within weeks.' Feature-wise, it sounds like Google Drive will be comparable to Dropbox, with free basic storage (5GB?) and additional space for a yearly fee."

IBM Seeks Patent On Judging Programmers By Commits - 173 Comments
theodp writes "How'd you like to be deemed unworthy of a job based upon a scan of your GitHub updates? That's what proposed in a newly-published IBM patent application for Automated Analysis of Code Developer's Profile, which proposes weeding out developer candidates for certain roles based on things like the amount of changes one typically makes with each commit, how frequently and regularly one makes commits, what hours of the day one makes commits, the percentage of commits with conflicts that one resolves, and the 'depth' of one's commit comments ('shallow', 'mid-range' or 'deep'). Big Blue explains that commit or repository interactions can be used to produce a 'conclusion report' that compares a developer to others who have profiles on the repository, which helps management 'avoid wasted time with ineffective developers."

WSJ Says Pro-ACTA Forces Helped Drive Anti-ACTA Reactions - 167 Comments
pbahra writes with commentary from the Wall Street Journal: "Europeans will take to the streets this weekend in protest at the Anti-Counterfeiting Trade Agreement, an international agreement that has given birth to an ocean full of red herrings. That so many have spawned is, say critics, in no small part down to the way in which this most controversial of international agreements was drawn up. If the negotiating parties had set out to stoke the flames of Internet paranoia they could not have done a better job. Accepted there are two things that should never be seen being made in public—laws and sausages—the ACTA process could be a case study of how not to do it. Conducted in secret, with little information shared except a few leaked documents, the ACTA talks were even decried by those who were involved in them."