Credit Suisse Traders Manipulated IT Systems To Hide $500m Losses
03 days ago
by timothy
in Syndicated Sites
New submitter Qedward writes with a snippet from ComputerWorld UK: "Two traders at Credit Suisse have pleaded guilty to wire fraud and falsifying data after authorities said they had manipulated the bank's record systems, as the credit crunch approached, in order to help conceal over half a billion dollars' worth of losses. The traders admitted to circumventing a mandatory real time reporting system introduced by Credit Suisse, manually entering false profit and loss (P&L) figures as the products they handled collapsed in value. They did so, according to the accusations, under heavy pressure from their manager, who has also been charged."
Read more of this story at Slashdot.
Congress and the EU are Fighting to Change Google’s Privacy Policy [Google]
03 days ago
Google's new privacy policy has already caused a stir among users. Now, Congress and EU regulators are sniffing around the changes and aren't happy about them — but Google doesn't seem to care in the slightest. More »
Researchers Create Glass Just 3 Atoms Thick
03 days ago
by timothy
in Syndicated Sites
sciencehabit writes "Researchers have created the world's thinnest pane of glass. The glass, made of silicon and oxygen, formed accidentally when the scientists were making graphene, an atom-thick sheet of carbon, on copper-covered quartz. They believe an air leak caused the copper to react with the quartz, which is also made of silicon and oxygen, producing a glass layer with the graphene. The glass is a mere three atoms thick — the minimum thickness of silica glass—which makes it two-dimensional. The team notes that the structure 'strikingly resembles' a diagram drawn by a glass theorist attempting to unravel its structure back in 1932. Such ultra-thin glass could be used in semiconductor or graphene transistors." See Nano Letters for an abstract (and another picture) to the paywalled article.
Read more of this story at Slashdot.
Why Are We Only Finding Out About the VeriSign Security Breach Now? – TIME
03 days ago
![]() Moneycontrol.com | Why Are We Only Finding Out About the VeriSign Security Breach Now? TIME By Keith Wagstaff | @kwagstaff | February 3, 2012 | + “Key Internet operator VeriSign hit by hackers” read the headline in Reuters yesterday. This is big news because, as the article casually points out, VeriSign Inc. “is ultimately responsible for the ... VeriSign repeatedly hacked in 2010 VeriSign Was Hacked Repeatedly: Morning Business Memo VeriSign 2010 Hack: DNS Data Theft A Possibility |
Petition Targeting Apple’s Factory Conditions Reaches 163K+
03 days ago
There's a petition asking Apple to release a worker protection strategy for new product releases. 










