Prices jump “after government data showed a smaller-than-expected increase in the amount of gas in storage….” Wall Street Journal, August 23, 2013. C4. While the link between information and price is axiomatic in the trading business, why not more focus on the value of accurate and timely information in business generally?
Monthly Archives: August 2013
Continuing market for typewriters for death certificates, federal prisons, search warrants. One company sells 3,000+ units a year. Wall Street Journal, August 23, 2013 A1. I remember a cartoon of the executive at a slide rule company leaning back in his chair and musing something like “We’ll still be around when this computer fad runs its course.”
NASDAQ shut down for three hours. http://tinyurl.com/kcmj5bf
Washington Post, August 19, 2013. Online http://tinyurl.com/m24vpkw. Does the distinction between whether the records are taken from your cell provider or whether they just take them from your phone? Is your smartphone an “effect” protected by the Fourth Amendment against unreasonable searches? What if there’s confidential or personal information there? Attorney-client communications?
Houston Judge says he does not trust the county attorney general’s office after the leak to news media of a legal opinion. County attorney’s office says breach was not deliberate. Houston Chronicle, August 22, 2013 B2. Waiver doesn’t require a deliberate breach, does it?
Failure to limit its reporters’ access to subscriber data “due to internal ‘misunderstandings.'” No “evidence of widespread abuse.” Wall Street Journal, August 22, 2013 B3.
Brazilian app that tracks your boyfriend’s phone pulled from Google store. Still available on creator’s website. August 22, 2013. Fox News, Latino.
“The [NSA] violated the Constitution for three years….” FISA court ruling. Wall Street Journal, August 22, 2013, A1.
“substantial misrepresentation regarding the scope….”
Technical glitch in software results in Goldman mistakenly placing option orders at below-market prices. Could cost hundreds of millions of dollars. Wall Street Journal, August 21, 2013 C1. What controls were in place to prevent this? Who manages the internal software?
Software to scan crowds with video cameras and identify people by their faces. Houston Chronicle, August 21, 2013 A4. Is there a use for this in the workplace?