* Posts by I ain't Spartacus

10158 publicly visible posts • joined 18 Jun 2009

Australian regulator slams Google ‘misinformation’ in pay-for-news-fight

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Re: Can someone help me out here

I think the problem here is the use of news snippets. If you searched for a particular news story and Google just linked to all the versions of that in popular sources - then you'd have to click onto their website and read their story and they would get the advertising. Also, once on their site, they have the chance to tempt you with other interesting stories - although sadly it's more likely to be some Outbrain shite about how UK doctors don't want you to know this one easy trick to remove bellyfat.

It's not like the old media haven't spent the last 20 years shooting themselves in both feet - leaving their bullet riddled corpses for Google to loot...

But if you go to Facebook or Google News and half the article is there, as well as the headline, then maybe you won't click onto the publisher's site. They still have to pay journalists to write this stuff - but now Google are taking their work and putting their own adverts against it and not giving anything back. They still have a link to the story I presume, so if you want the whole thing you can still click, but most people are probably only skim reading the news and don't - and so the publishers now have nothing to show for their work and are all slowly going bust.

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If people would rather go to Google for their news rather than bookmark their favourite local news supplier, that is not Googles problem.

This is only true so long as all the media organisations whose work Google require in order to provide that content, don't go bust - because Google is hoovering up all the advertising revenue.

This is actually an area where government does need to urgently step in, because you can't have a functioning democracy without a functioning news media - and they're all going bust. To some extent this has always been true - but it's a bigger crisis than ever before and at the route of that crisis is Google and Facebook. The old media's own incompetence by giving away their content away free on the web, rather than trying to charge for it - at the same time as trying to charge for it in print - is the icing on the cake of cock-up.

One thing that can be relatively easily fixed is to align the payment with the work. So the people who generally still do the work are the journalists and editors of old media - and so if there are large amounts of advertising dollars out there - then most of those need to be funnelled towards them. Otherwise they'll stop doing it. And Google's various flailings with trying to automate news gathering suggest that they're very good at putting up evidence-free stories claiming a traumatised child survivor of a school shoooting was in fact a "crisis actor" and very bad at providing actual fucking news.

Given that Google's business model outside website search appears to be copyright theft to gain advertising revenue - I think clipping their wings can only do good for the internet. And for content creators in general.

Former HP CEO and Republican Meg Whitman – who split HP with mixed success – says Donald Trump can't run a business

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To be fair, the Autonomy acquisition was Apotheker's baby. Although she was on the board at the time, I think, and supported the deal.

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Re: How to lose

Flocke Kroes,

The National polling was broadly correct. It said Clinton would win by a few points, she did. She got the most votes, but piled too many up in states that she had already won. And didn't campaign enough in the Midwest - where she eventually lost too many states.

Now the national polling may have been wrong earlier in the campaign, when it showed Trump being miles behind. Causing a false sense of security, and the Clinton campaign to put too much money into normally Republican states in order to get a landslide. Or she may have been that far ahead, and the voters changed their minds - as Trump started to campaign more seriously and all the emails got drip-fed into the news cycle.

That's the problem with polls of course. Even when they get it right on the day, that still doesn't guarantee that they were right during the campaign. Was there a real change in opinion or did the polls just get better as they were more frequent as the big day approached? Equally this can be true when an election is polled incorrectly - but the polls could have been broadly accurate for the years before that - but missed movement in voter sentiment in the last days of the campaign.

We've come to wish you an unhappy birthday: Microsoft to yank services from Internet Explorer, kill off Legacy Edge by 2021

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Hated Software?

Really?

I mean, if we're talking about IE6 - then hated is perfectly fine. But IE11 is more unloved I think - if not actually ignored. Actually I used IE11 for a bit - when Firefox had become unbearably crashy for 6 months - before they fixed it a few years ago. I'd not particularly liked Opera when I'd tried it, and using Chrome is just silly given who makes it. Anyway I like proper menus rather than shoving all the options into just one massive, unweildy horrible to use one. And so I rejected Edge for the same reason.

I'm still a happy Firefox user, with a convenient menus - despite my brief unfaithfulness. IE11 was OK I suppose. As are Edge and Chrome and no doubt many others.

Epic Games gets itself epically banned, launches epic Fortnite death match with Apple over App Store's epic 30% cut

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Re: Unfortunately, Apple will win

Although most monopolies law is rather loose. Even 30-40% of a market can be considered a monopoly, if it can be justified. And of course it’s not the monopoly itself that’s illegal, but the abuse of it. So even if Apple can somehow successfully claim that the market is all smartphones, even though iOS obviously can’t use Android software - they’re still enough of the total market to be declared monopoly abusers.

The fact that Fortnite were chucked out of both the market leading stores on the same day, and both charge exactly the same price, pretty much proves their case. But this is the law, and it’s never that simple. Or quick.

Single-line software bug causes fledgling YAM cryptocurrency to implode just two days after launch

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Re: oh noes

It’s not zero sum. Crypto-crap works in the same way as share prices. The "value" of the whole lot is set by the last transaction price multiplied by the number issued. Unless they were directly selling them to people.

So if say there were 100,000 coins/shares issued and I bought one for £10, then the total value is theoretically now £1m. If the next sale is for £9, then the total valuation plummets by £100k to £900k. But, just like shares, you only crystallise that loss when you decide to sell, nobody has taken that money from you, or gained it.

The difference is that shares gain you part ownership of the assets of a company. With voting rights, and hopefully dividends every year. Which means your asset has an actual value. Plus shares are easier to sell, because we have mature financial markets, so prices are less volatile, because there are usually lots of potential buyers.

But the huge headline figures for gains and losses are meaningless in both cases. Because not everybody can sell at the same time, as there aren’t enough buyers. Plus it would trash the price.

America's largest radio telescope blind after falling cable slashes 100-foot gash in reflector dish

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Re: The search for aliens is suspended?

Searching for aliens in suspenders you say? Oooh kinky? Anyway all the best aliens wear leather...

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Happy

Re: Not sure?

I don't care if Obama is a secret muslim. I want to know if he's a secret lemonade drinker.

Yours,

Mr R Whyte

Xiaomi turns 10 and celebrates by sitting down to relax in front of its new transparent television

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Boffin

Not Interested!

Come back to me when this technology had been built into a pair of JooJanta Peril Sensitive Sunglasses...

Huawei running out of smartphone CPUs as US sanctions begin to bite

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Re: Kirin will become Karen

PPP doesn't mean China are richer than the USA. In this case it's exactly the opposite, it means they are poorer. PPP means purchasing power parity and is a different way of comparing international ecnomies that reflects that wages are lowers in those countries (i.e. workers are poorer). As workers are of course the consumers, who buy things, by definition them having less money means they are poorer. Of course it also means that services are cheaper, because wages are lower, so it's not all downsides. It's important to know this because when you compare, say defence budgets, a country with lower wages is going to be getting more bang for their buck - so long as they're buying home made military equipment.

Your point about the US inflating the dollar is exactly the reverse of reality though. If the US had really inflated the dollar, that would mean the value of the dollar would have fallen - thus meaning that the Chinese economy would be closer to parity with the US on the normal measure of GDP. But in fact the dollar has been strong for the last 10 years, because the US have generally had strong growth.

In fact the Chinese have been forced to intervene into the market to raise the value of the Yuan - reversing the trend from the first decade of this century when they were desperately buying US T-bills in order to reduce the Yuan's value and hence artificially lower the wages of their workers. Which made the country as a whole poorer, but grew the economy due to the cost advantage it gave their exporters. However, despite a continuing current account surplus, China still exports more than it imports, that process has reversed since about 2014 - because China has been suffering from slow-motino capital flight. i.e. Chinese businesses don't trust their own government and so export profits abroad, so they can't be stolen / legitimately siezed / (more likely) a bit of both, in Xi's anti-corruption drives. Hence the Chinese Central Bank's foreign reserves peaked at about $4 trillion in around 2012 - and have now fallen to somewhere closer to $2tr now - as they've intervened in the currency markets.

The US were the only one of the major economies to have already reversed some of the QE they were forced to do in the last recession - because their economy has been doing so well.

Search for 'things of value' in a bank: Iowa cops allege this bloke broke into one and decided on ... hand sanitiser

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Devil

Re: Warning labels

I believe you’ll find that The Lord Our God frowns on Angel Grindr...

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Happy

Re: Warning labels

I’m starting with Angles, then moving on to Saxons and Jutes...

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Re: Warning labels

I just bought an angle grinder. The first 19 pages of the instructions were warnings! Nobody is going to read all that shit! I know it’s not a fucking children's toy you cretins! What I want to know is how to fit the disc. A page of warnings might actually get read.

I got 99 problems, and all of them are your fault

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Re: Reminds me of my mum

That doesn’t actually surprise me. I hide the keyboard language setting in Win10 on the taskbar preferences, on all the PCs I set up. Plus set input language to UK and delete all other options. This is because people were somehow switching to US keyboards. Even though they didn’t know how. I’m impressed on getting Dvorak though...

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Might damage it?

Not if it’s an IBM Model M keyboard...

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Happy

Re: My example

My-Handle,

You are Paddington, and I claim my £5.

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Coffee/keyboard

Lengthways?

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Re: Ever done a good deed, only to have it thrown back at you by an angry user

I've never had a complaint that something unrelated was my fault for fixing it, and my answer would be blunt and to the point if anyone ever does. Friends don't pull that kind of crap.

Friends get stuff fixed for free, although I'd expect drinks if they can afford it, or just tea and biccies while I work if I'm returning a favour. Friends of friends pay in booze or chocolate.

Mum doesn't get charged. But then she usually invites me up for dinner and only springs the IT problem on me once I've arrived. And there's often pudding and sometimes even custard. Home made fruit crumble and custard. Mmmmmmmm. Yum. ...mentally wanders off to happy (custardy) place...

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Re: Wibbly

Yup. I've no time for rude people on either side of the transaction. You're only allowed to esacalate to rudeness if seriously provoked - and even then I prefer politeness, even if that politeness only stretches as far as to calmly tell someone that their behaviour has become unacceptable and that you won't be talking to them anymore if it continues.

So that means not laughing at people or condescending to them for not understanding, when you're supposed to be helping them. But not being rude to people about stuff that isn't working - or blaming the support minion for stuff that clearly was decided at a higher pay grade than theirs.

Demanding apologies and/or assigning blame is almost never helpful or useful. I don't do it when I'm the guy asking for support and I won't accept it when I'm on the other end of the transaction giving support.

Although that was the only time in my professional life that I've ever seriously considered telling someone to fuck off. I'd been paid, I'd watched them bankrupt one company by their combination of incompetence and litigiousness and they'd only paid half the design engineer's invoice, so he wouldn't help them. They'd literally carried our yet-to-be installed equipment out of the plantroom, raised the floor by half a meter to incorporate the strenghtening they'd originally forgotten, then had the gall to tell me the kit I'd sold them didn't fit and it was my fault.

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Re: Reminds me of my mum

Mum's a smilar age. So I've done the equivalent - and feel your pain. She still works for a charity though, in family support. So you get the normal stuff, plus the extra fun questions like, "how do I install a Braille embosser on my PC?"

To which the answer is, I have no clue - and who's betting there are going to be driver downloads available on the company's website? Or even if they are, that the drivers were written for Windows 95 and never updated. Braille embossers are BIG and LOUD!

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Megaphone

Re: Reminds me of my mum

I'm perfectly happy to fix Mum's technology for her. I've left a radiator key in her kitchen drawer, so I can bleed the things whenever I'm up there. I change the central heating timer for her - though I think she could do that herself if only she was 6' tall and had a head that could swivel round 90° both vertically and horizontally. Some wanker installed it inside one of the kitchen cupboards, but not at the back where you can see it - no that would be too easy! It's on the side, at the bottom for maximum inaccessiblity.

I can even fix her Mac, after my bastard of a brother gave her his old Macbook Air. I'm sure it's lovely, it's just I don't use them, and so my only experience of them is fixing Mum's when (let's be honest) she's done something to it.

The thing that I find difficult is when I tell her what the problem is and she says, "well it can't be that." To which I don't answer, "well if you know so much why the fuck did you ask me for help?" Or the other one which is asking me for help on a program I've barely ever seen, and as I'm talking her through which buttons to press - she'll suddenly say, "Oh I can't see that button anymore, I clicked on something else." So then I'm reduced to asking what she can see on the screen, so I can work out what bizarre sub menu we've got into now. Then it's hard to keep the exasperation out of my voice.

The only thing that's consistently worked without support, after I set it up, was her Windows Phone. Which had a great UI. Although I've only ever had to do minimal tech support with the iPad. Sadly now she's on Android and I'm starting to get problems to solve again.

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Pint

Re: Ahh yes the

You need a bike. Or, at a pinch, a Segway. And a very large drink of course - but that goes without saying.

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Devil

Re: Computer science lecturer

Internet Explorer 3 is all the browser anyone will ever need! It's right there in the bloody name! You use it to explore the internet. Netscape Navigator was OK in it's day, but Chrome is something that goes on the fins of your car and my Firefox stopped working when Clint Eastwood stole it.

OK, maybe IE5 if you're feeling all modern like...

The results are in: Science says the Solar System's magnetic heliosphere looks like a deflated croissant

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Re: A nice cuppa

The only soap I remember from childhood was in bars. Only dead posh places had liquid soap dispensers. The bars often seemed grubbier than my hands, that I was washing. Rich buggers had brown Imperial Leather bars, we had Sainsbury's own brand.

I remember Izal medicated toilet "paper" at school though.

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Happy

Re: A nice cuppa

Eclectic Man,

I've been on a bit of a tea binge in the last couple of years. Trying all sorts of stuff. I've decided I like Lady Grey more than Early Grey, the perfect cuppa for an afternoon tea is Darjeeling and you can get some very interesting black teas (mostly breakfast tea blends) with bits of dried fruit in, that make a really refreshing cuppa for a change. Sainsbury's and Twinings do some wonderful fruit teas, so long as you leave the bag in for 15 minutes and drink them just before they start going cold. Perfect to make (or have the teasmade make) then shave and jump in the shower and have something nice to drink as you dry off and dress.

Smoked tea is interesting, but not for me. Green is nice with Chinese food, but jasmine is better. And the guys at work bought me a glass pot and some vacuum packed jasmine flowering tea - that also looks quite fun as it unfolds, and tastes lovely.

But after all this experiment, and now having about 15 different teas on the shelf above the teapot, the one I turn to when I get home from work, or need a bit of a sit down, is still Sainsbury's Red Label. It's not much different to any other breakfast tea blend, but it's what I grew up with and it's still really nice now I take my tea black no sugar.

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I don't think the Voyager probes not being able to stop is the problem. After all, there's loads of room out there, and they're not going all that fast (in the grand scheme of things). So they could just shout.

The problem is that we vastly under-equipped them. With only RTGs that produce a few hundred Watts, they simply don't have the power to boil a kettle and make everybody a nice cup of tea.

I'm sure that Star Trek the Motion Picture would have gone utterly differently if the Federation had simply made VGer a nice cuppa.

Although none of that Earl Grey filth that Picard drinks. Proper builders only.

Disclaimer: I rather like Earl Grey. But it's for when you're reading a nice book, after dinner, on a quiet evening. When you need a cup of tea, that's a different blend. Sainsbury's Red Label for me (loose tea made in a pot), others differ.

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Re: The thing with croissants

You just won't believe how vastly, hugely, mind-bogglingly big it is. I mean you may think it's a long way down the road to the chemist's but that's just peanuts to space.

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Re: Aren't we lucky!

That's no Moon. That's my wife!

Geneticists throw hands in the air, change gene naming rules to finally stop Microsoft Excel eating their data

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When I open .csv files Excel does exactly nothing to them. Perhaps that's because I open them as .csv rather than importing them into Excel? I then save them as .csv without making any changes. If I want to import data into an Excel file I usually copy and paste it into places where I've already set up the formatting. So dates get turned into dates in a way that I control. It's 20 years since I was a heavy Excel user, so I've forgotten loads of it now.

It does suffer from being a program designed to do financial stuff - that's morphed into a Swiss Army Knife - which then gets abused for jobs a chainsaw would do better. Yes, I did once use Excel to print a crude poster for a seminar on the Water Regulations, who's asking?

Self-driving car supremo Anthony Levandowski sentenced to 18 months in the clink for stealing trade secrets from Google's Waymo

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Re: All for nought

El Reg had an article on the accident report last year. I remember being astounded by how shockingly bad their system is. And their management, for ever allowing something so unfinished on the roads.

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Re: All for nought

John Brown,

Nope. You’re right that they did disable the auto-braking on the Volvo, so as not to interfere with their testing. But they also disabled the emergency braking mode on their own fucking system - because it was so shit that it was randomly triggering. So their own system would slow down for junctions or other cars, in normal operation. But if it saw something that it didn’t understand, it would sound an alarm for the "safety driver" to decide whether to brake. As happens, the report on the crash showed that their system was so shit that it detected the cyclist it ran over, but was unable to classify what she was and so just ploughed into her anyway, while it was deciding.

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Happy

I'd quite like him to win that case against Uber. So long as he then has to pay all the money to Google and the courts.

I've no idea of the merits of the case you understand, I just like to see Uber losing money.

Obviously this means I'm normally a very happy man...

[Oi! El Reg! Where's the Postman Pat icon?]

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Re: Draconian

Are you suggesting that Robert Watson-Watt invented self-driving car technology along with his radars then?

LIDAR was, I believe, invented in the 60s - after the invention of the laser.

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Re: “Why I went to federal prison,”

Community Service is pretty common over here. And while lots of ordinary people get litter-picking or helping old people with their shopping - I don't think it's unusual here to have the celebs do awareness campaigns against drink driving (or whatever it is they did).

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Re: Draconian

Are you sure? He stole tech that allowed him to found a company and sell it about a year later for $700m! Surely stealing $700m worth of some company's intellectual property is worth jail time anwhere?

I'm sure Uber over-valued it, because they were only spending their Venture Capitalist backers cash (something they do an awful lot of) - but even so he stole IP worth hundreds of millions.

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Stop

Re: All for nought

Didn't he steal the programs on how Google used lidar/radar?

Clearly what he needed to do was steal the bit that dealt with the brakes. Because Uber's implementation of that was so pisspoor that they had to disable it, lest its constant slamming on of the anchors rattle the "safety driver's" teeth out. And who needs a self driving car that can stop? Pointless luxury I say!

What a good eye-dea: Battery-less, grain-of-sand-sized 2.4GHz transmitter to help save your eyesight

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Is it a price worth paying to be able to taste your virtual food in your vitural reality? Or to be be able to kill people really quickly in networked Doom?

Personally, if I want flavour while online, I'd rather order a pizza. Especially if it's delivered by a guy with two swords from the Cosa Nostra Pizza Company...

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Devil

Just be grateful the internet doesn't require the Headcrash style VR thing that you have to shove up your arse...

Voyager 1 cracks yet another barrier: Now 150 Astronomical Units from Sol

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Re: Relics of the Space Age

Lots of people climb Everest, though many don't actually go for the summit, as they're supporting other team members - or don't manage to acclimatise and get out of the higher camps before the weather changes. But I believe the death rate is still pretty high.

Just looked it up quickly, took the first number I found (from National Geographic), which is a 1.2% fatality rate on the mountain. So for those who go for the summit it's going to be higher.

Once you go above about 25,000ft you've got roughly 72 hours to live, unless you can get back below that altitude again - there's a reason it's called the death zone.

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Re: Relics of the Space Age

Elledan,

I'm a bit young for the original space age. But as I started reading into my brother's sci-fi collection in my early teens (in the mid-80s), and then started building my own, it was becoming painfully obvious that I'd missed the boat. Books written in the early 70s by Niven and Pournelle were talking about developments in spaceflight dated in the 90s, a decade that was rapidly approaching and yet we were still in the era of space shuttles being new and the Soviets flying to Salyut 7 (and then Mir) on trusty old Soyuz workhorses.

At 13, the year 2000 seemed like a lifetime away, even though it wasn't even 15 years. It was deeply disappointing. As an adult I came to accept it, that human spaceflight had stalled, and to take more of an interest in the new science we were gathering and the increasing sophistication of our various space probes. Which was fine, but not as cool as flying around in spaceships - and allowing me to dream of maybe being able to afford a trip up there myself.

But now technology is accelerating again like it was in the 60s. There's lot of new and exciting stuff happening in human spaceflight, and all the great science. But this looks like it might be more sustainable too. Relying just on government is a risk, because priorities can suddenly change - or they can just run out of cash. The same can happen with the private sector of course - Bezos might get bored and take his money elsewhere, leaving the promise of Blue Origin unfulfilled. But Musk has turned SpaceX into something that's commercially viable - so even if he loses interest, it ought to have a chance of keeping going. And it has developed capabilities that mean the price of getting to space dropping incredibly low - such that spacecraft might genuinely become a mass-produced item. Which will do incredible things to cost, and therefore make more things possible, bringing in more money and creating a virtuous circle.

I guess one downside is the risk. Even if we can reduce it, spaceflight is still incredibly dangerous (a similar risk to climbing Everest) - and as you do more of it, you increase the number of times you're rolling the dice until accidents become inevitable. It's one thing risking death to test a new ship or in pursuit of national prestige or for science or progress in spaceflight. It's a lot less attractive when that's just for the increased production of zero-gravity crysal widgets to make somebody's computer just a little bit faster. But I'm still pretty optimistic. Here's hoping for avoiding the disappointment that an earlier generation had to go through.

Aviation regulator outlines fixes that will get the 737 MAX flying again

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Re: $19bn

Ochib,

Thank you. I'd totally missed that. You learn something new every day...

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Re: The 737 MAX is doomed

It's already been re-branded. MAX has been missed out and it's going to be something like the 737-8200 - at least for Ryanair. I don't know if that's universal or if all airlines will call it something different.

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Flame

Re: $19bn

Boeing are "great" at spin. Remember the great 787 Dreamliner battery clusterfuck? They came out with an awesome statement that their batteries hadn't caught fire, they had merely "vented with flame"!

Now I'd have accepted that, if they'd taken up a suggestion that was made here in the El Reg forums. Which was that you put all the batteries down the side of the aircraft, in fireproof boxes, and each has its own bent chromed exhaust pipe poking out the side of the plane, so it looks like a drag-racer. Then it would look super-cool with all the batteries spitting flames out the side, and you'd want them to fail more often.

As for the compensation for passengers thing, isn't it limited by the Warsaw convention still? I know that airlines only have to pay out a maximum of £20 for lost luggage, because in 1920 £20 was a serious amount of money, but it was never index-linked in the treaty. And I thought that also seriously limited liability for killing passengers. Though all bets may be off for Boeing, as if this isn't an example of negligence - then I can't imagine what would be. And that's assuming they're not guilty of worse...

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Re: Pilot training

I'm not sure this will now be as much of a problem. Anyone who wants to cancel their contract already had that opportunity. But the alternative is still the A320 Neo, which means re-training all your mechanics and possibly re-doing your whole logistics system. Which is worse.

I'm sure it'll be used to screw more financial sweeties out of Boeing. But remmeber that the airlines aren't running close to full capacity, so training pilots isn't the stretch that it would have been even 9 months ago. So I'm sure if Boeing pay up for things like simulator time, it'll be only a bit financially painful for them to sort. I presume it's more of a problem if you're running a mixed fleet of old 737s and new MAXes - but then with MCAS de-fanged like this will it have to be a new type certfification, or just some mandatory training?

That still seems the big question to me. If MCAS can be safely made so much less powerful now, how come Boeing felt they had to beef it up so much in the original test flying program? Because they've still go to fix the problem of the plane climbing due to the aerofoil effects of the bigger engines.

Struggling company pleads with landlords to slash rents as COVID-19 batters UK high street. The firm's name? Apple

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Re: My heart bleeds

jonathan keith,

One problem with your desire for active localism is that it's not "evil corporations" that are to blame for all the ills in the world. Shops are closing down, partly because we don't go to them as much. Because we choose to shop online. One reason for this trend was that we've repeatedly voted against rises in local taxes - so local government partly fund themselves with town centre parking charges. Result, people shopping online. Shops aren't helped by paying higher business rates than online people pay for out-of-town warehouses, but then I think tax incidence theory says that the landlords pay a large chunk of those anyway, so I'm not sure how big an effect they have. I'd have thought wages are going to be a more important ongoing cost of retail over online.

But it's like those villagers who complain that the local shop is closing down, as they drive to Tesco 10 miles away to get their stuff. If you want a village shop, you have to spend money in it.

After all, in my town at least, the local shopping centre was part of the council's own reconstruction plan. And to be fair, they made the town centre a much more modern and pleasant place - by bulldozing the hideous 60s concrete monstrousities that had been there before. But they are therefore at least partly resonsible for messing up the High Street, and they set the business rates and car parking charges for the town too. So I'm not convinced the local council are going to be any better stewards of the High Street than the randomness of the market economy.

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Who says it's corporate insanity? Apple, quite logically, want to pay less for stuff. Commercial property companies want to charge as much as they can? Both are reacting to changing circumstances - while hopefully keeping as much cash as possible.

In this case they're reacting to the move from high street retail to online, which has been predictable for a few years now, and the impact of a global pandemic - which was more of a surprise.

Due to the long duration on leases, it's not a business that moves all that fast.

However, investing in commercial property probably still makes sense. And if they income they can get from it drops, then they'll need to do something else with it. Fortunately the UK is experiencing a chronic housing shortage, so they may have a ready-made solution on hand - thus meaning their investment had a back-up plan built in.

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The people they're renting off are probably all corporations too. And if they'd lowered their rents 5 years ago, maybe shops would have been better able to face competition from online retailers - and the sector would be doing financially better and more able to pay rents.

Rather like the breweries over-charging their pubs for rent, and then wondering why they keep going bust.

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Re: My heart bleeds

I'm amazed Apple hadn't done this already.

I've read a few pieces about big retailers demanding rent cuts from their landlords - and smaller ones like Apple ought to find it even easier - because they can clearly move a few tens of stores to new (cheaper) locations with a lot less hassle than a retail chain with 700 branches.

My medium sized market town in the South East got a new in-town shopping centre 15 years ago. And it killed the High Street almost instantly, because it meant we had more retail space than we had shops. It did bring some out-of-town shoppers in, so we did get some extra shops - and footfall. But it also coincided with the massive rise of online shopping - and so even before lock-down the shopping centre had long-term empty spaces - let alone the charity shops and empty windows of the high street.

From what I can see, landlords haven't wanted to lower rents, because a few empty shops and big legacy rents (especially for those stuck on long-term contracts) was the more profitable option. Now that's going to have to change, or we're going to have to start converting shops into flats.

Obviously you'd expect Apple to take advantage of this. Neither they, or the landlords are charities. And actually I'm not sure it isn't a good thing. Our High Street looks awful, and has for years now. But it's not a sign of doom and recession, it's because people are buying online. So we either need rents to get cheaper so we can have small restaurants and nice interesting small shops to compete with shopping online (though that means allowing people to park) - or for landlords to sell up and have those places turned into flats, or something else useful.

EU tries to get serious on cybercrime with first sanctions against Wannacry, NotPetya, CloudHopper crews

I ain't Spartacus Gold badge

Re: The Nation State seeks to maintain its Monopoly on Hacking

Danny Boyd,

Yes there's proof of the Russians hacking the OPCW! Dutch police caught the Russians outside their offices, while war-driving, with the laptops in question in the boot. That same GRU team had also been using similar methods to try and access the labs doing testing for drug-cheating in sports, also on behalf of the Russian government. It was one of a series of GRU screw-ups around the time of the Salisbury attack - like for example the GRU sending operatives to the UK whose cover passports had consecutive numbers.

I'm not sure if this is because they don't care about being found out, or they're getting a bit lazy and stupid.