Archive for the 'money' Category...
Filed under money
An anonymous reader writes “This weekend’s New York Times Magazine puts a human face to the ‘gold farming’ profession. Virtual world economist Julian Dibbell travels to Nanjing, China, for a look at the working conditions and first-hand experience of farming gold from virtual monsters as a way to make a living. From the article: ‘At the end of each shift, Li reports the night’s haul to his supervisor, and at the end of the week, he, like his nine co-workers, will be paid in full. For every 100 gold coins he gathers, Li makes 10 yuan, or about $1.25, earning an effective wage of 30 cents an hour, more or less. The boss, in turn, receives $3 or more when he sells those same coins to an online retailer, who will sell them to the final customer (an American or European player) for as much as $20. The small commercial [...]
Original post by Zonk and software by Elliott Back
Filed under money
WED Fan writes “A University of Washington researcher who couldn’t find funds the old fashioned way has raised funds from private parties to continue with his studies of ‘time travel’. He is studying the Einstein-Podolsky-Rosen Paradox. Basically, using spooky action, he wants to be able to use entangled pairs to send messages, not only through space, but also in time. ‘As the evidence for this has accumulated, several fairly contorted and unsatisfying efforts have been aimed at solving the puzzle. Cramer has proposed an explanation that doesn’t violate the speed of light but does kind of mess with the traditional concept of time.’ Despite the implausibility of the science here laypeople have been inspired by the researcher’s idea, enough to donate almost $35,000 to his project.”
Read more of this story at Slashdot.
Original post by Zonk and software by Elliott Back
Filed under money
According to a story on News.com, legal online gambling may return to the US. The ban, put into place last year, is now in jeopardy thanks to the efforts of folks like Barney Frank, the Democratic chairman of the House Financial Services committee. Frank is of the opinion that adults should police themselves for excessive gambling, and the government should stay out of their way. “Friday’s hearing included witnesses from companies that process online payments. In general, they echoed the arguments once used in favor of ending alcohol prohibition and that are now being invoked to decriminalize marijuana: It’s better to legalize, tax and carefully regulate an industry than let it flourish with far less oversight in the black market. Some countries already do just that. In the United Kingdom, for instance, Internet gambling is legal and strictly regulated. Some of the larger online casino operators are publicly traded on [...]
Original post by Zonk and software by Elliott Back
Filed under money
jcatcw writes “The recently converted Scot Finnie went notebook shopping. At the high end of the notebook spectrum, in order to get comparable power and features, a Dell machine comes in $650 over the Apple, and it was clunkier and weighed more. Sony couldn’t beat the Apple either. Midrange and low-end machines, though, turn out to be pretty comparable, with more choices in the PC arena but some good values if you happen to want what Apple has decided you need. So, if you’re talking name-brand hardware, it’s just no longer the case that PCs are cheaper than Macs.”
Read more of this story at Slashdot.
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
Original post by kdawson and software by Elliott Back
Filed under money
mrbluze writes “It appears that more and more of the data collection sanctioned by the US government is passed through the hands of private enterprise, Salon reports. ‘Because of the cloak of secrecy thrown over the intelligence budgets, there is no way for the American public, or even much of Congress, to know how those contractors are getting the money, what they are doing with it, or how effectively they are using it. The explosion in outsourcing has taken place against a backdrop of intelligence failures for which the Bush administration has been hammered by critics, from Saddam Hussein’s fictional weapons of mass destruction to abusive interrogations that have involved employees of private contractors operating in Iraq, Afghanistan and Guantánamo Bay, Cuba. Aftergood and other experts also warn that the lack of transparency creates conditions ripe for corruption.’”
Read more of this story at Slashdot.
Share and Enjoy:
These icons link to social [...]
Original post by Zonk and software by Elliott Back
