Study: top bank execs saw the crash coming and sold off shares in their own institutions

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In a new working paper from the Center for Economic Policy Research, scholars look at the trading records of shareholders, directors and top executives of major financial institutions in the runup to the crash of 2007, and find that the sell-offs by the top five executives at a bank strongly correlated with that bank's losses in the crash, but that other stakeholders' trading do not correlate: in other words, the very top brass of banks knew that they were sitting on piles of worthless paper and sold before anyone else knew about it, and kept their shareholders, direct reports, and the board of directors in the dark. Read the rest

Advances in transparent, brain-revealing skull-windows

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Researchers at UC Riverside and Centro de Investigación Científica y de Educación Superior de Ensenada have published a paper describing their ongoing success in setting a "transparent nanocrystalline yttria-stabilized-zirconia" into patients' skulls, which reveal the patients' brains so that the patients' brains can be zapped with therapeutic lasers. Read the rest

Ed Snowden and Andrew "bunnie" Huang announce a malware-detecting smartphone case

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Exiled NSA whistleblower Edward Snowden and legendary hardware hacker Andrew bunnie" Huang have published a paper detailing their new "introspection engine" for the Iphone, an external hardware case that clips over the phone and probes its internal components with a miniature oscilloscope that reads all the radio traffic in and out of the device to see whether malicious software is secretly keeping the radio on after you put it in airplane mode. Read the rest

Call for speakers: Copycamp Poland, on the future of European copyright

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Marta sez, "The Modern Poland Foundation is calling for speakers at the 5th International CopyCamp Conference (Warsaw 27-28th October 2016) to discuss the Future of Copyright in Europe. If you'd like to join the debate on the impact copyright has and will have on education, politics, culture and society, send us your proposal and meet with other speakers from all over the world: lawyers, artists, politicians, academics, representatives of NGOS and the media."

It's the fifth time CopyCamp gives floor to all interested parties to talk about copyright in the friendly space of the popular movie theatre in the heart of Warsaw.

Thematic tracks of CopyCamp 2016:

* Copyright and Art

* Remuneration Models

* Copyright, Education and Science

* Technologies, Innovation and Copyright

* Copyright and Human Rights

* Copyright Enforcement

* Copyright Debate

* Copyright Lawmaking

Find more information here. If you are interested in presenting your viewpoint during a 10-minute talk, please send us an abstract of not more than 1800 characters by 31 July.

The International CopyCamp Conference 2016 Future of Copyright in Europe Read the rest

Fashion student simulates couture collection made from Alexander McQueen's cloned skin

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Alexander McQueen's first collection after graduating from Central Saint Martins was Jack the Ripper Stalks His Victims which included locks of his hair; for her own grad project, called "Pure Human," Central Saint Martins student Tina Gorjanc created a line of clothes and accessories that asks the audience to imagine that it was made from pelts cloned from DNA retrieved from McQueen's hair strands. Read the rest

UK Royal Society's #1 cybersecurity recommendation: don't backdoor crypto

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The Royal Society, once presided over by Isaac Newton, is one of Britain's most respected learned institutions: that's why it matters so much that the organisation's new report, "Progress and research in cybersecurity," begins by demanding that government "must commit to preserving the robustness of encryption, including end-to-end encryption, and promoting its widespread use. Encryption is a foundational security technology that is needed to build user trust, improve security standards and fully realise the benefits of digital systems." Read the rest

It's official: the Olympics result in the worst budget overruns of any megaproject

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In "The Oxford Olympics Study 2016: Cost and Cost Overrun at the Games," three researchers from the University of Oxford's Said Business School examine the cost estimates and actual costs of every Olympic games since 1960, and finds that they are the most likely of all megaprojects to exceed their estimates, and also exceed those estimates by the largest amount of any megaproject. Read the rest

Empirical proof that Terms of Service are "the biggest lie on the Internet"

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In The Biggest Lie on the Internet: Ignoring the Privacy Policies and Terms of Service Policies of Social Networking Services, a working paper by a pair of university communications professors, students were asked to try out a new social networking site as beta-testers; in reality they were being evaluated to see whether they reviewed the site's terms of service and privacy policy in any detail. Read the rest

Paper: an upright printer/scanner that uses a continuous roll of paper

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Stuttgart-based industrial designer created "Paper," a novel concept for a printer/scanner/copier, as part of diploma thesis in UX- and Interaction-Design at the State Academy of Arts and Design. Read the rest

Unpleasant Design: design that bullies its users

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Selena Savić and Gordan Savicic (previously) have published Unpleasant Design, their long-awaited book on "design that bullies its users" -- that is, devices, street furniture, tools and products designed to control humans. Read the rest

2016's Illusion of the Year will make you cover your screen with fingerprints

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The winners in this year's Illusion of the Year contest (previously) are all cool, but it took me a minute to figure out what was going on with the grand prize winner, Mathew T. Harrison and Gideon P. Caplovitz's "Motion Integration Unleashed: New Tricks for an Old Dog." Read the rest

WEB Du Bois's infographics on black life, from the 1900 Exposition Universelle

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Activist/sociologist WEB Du Bois compiled a beautiful set of infographics on the state of black life since the end of slavery that were displayed at the "Exhibit of American Negroes" he created with Thomas J Calloway and Booker T Washington for the 1900 Exposition Universelle in Paris. Read the rest

Take the Pew Future of the Internet Survey

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The Pew Research Center is soliciting answers for a "Future of the Internet" survey that asks a bunch of thought-provoking questions about the security of the Internet of Things; social cohesion in a social media-dominated public sphere; education and innovation; automation and robots taking our jobs; machine learning and justice; and the tone of the online public sphere in the next 10 years. Read the rest

Researchers find over 100 spying Tor nodes that attempt to compromise darknet sites

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When it comes to accessing public websites, Tor has an intrinsic security problem: though the nodes between your computer and the public internet are unable to see where the traffic is coming from or going to, the final hop in the network (known as an exit node) gets to know what webserver you are connecting to. Read the rest

US DoD white paper: wearing hijab is "passive terrorism"

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Countering Violent Extremism: Scientific Methods & Strategies, a 2011 publication by the Air Force Research Laboratory, was just re-released with a new introduction that touts, "the wisdom contained in this paper collection is more relevant than ever." Read the rest

The Olympics are profitable for every host city (that lies about the numbers)

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Going for the Gold: The Economics of the Olympics, a paper in the Journal of Economic Perspectives analyzes the economics of hosting the Olympics, indicting the numbers game played by bid committees and the IOC. Read the rest

Healthcare workers prioritize helping people over information security (disaster ensues)

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In Workarounds to Computer Access in Healthcare Organizations: You Want My Password or a Dead Patient?, security researchers from Penn, Dartmouth and USC conducted an excellent piece of ethnographic research on health workers, shadowing them as they moved through their work environments, blithely ignoring, circumventing and sabotaging the information security measures imposed by their IT departments, because in so doing, they were saving lives. Read the rest

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