Links 26/7/2010: CEO Tony Hayward Leaves BP, Banks Controversy Carries on, Wikipedia Stars in Massive Leak
- Dr. Roy Schestowitz
- 2010-07-26 09:13:50 UTC
- Modified: 2010-07-26 09:19:54 UTC
-
Security/Aggression
Many encryption utilities--such as the BitLocker feature in Windows 7 Ultimate, or the Rohos Mini Drive utility for protecting info on a thumb drive--are available. But my favorite tool covers all the bases: It's free, it's easy, it's effective, and it works on all major operating systems. TrueCrypt lets you create virtual encrypted drives. Versions are available for Windows, Mac OS X, and Linux; if you install it on several machines running different OSs, you can open your encrypted files from a network share, thumb drive, or other shared storage device.
A huge cache of secret US military files today provides a devastating portrait of the failing war in Afghanistan, revealing how coalition forces have killed hundreds of civilians in unreported incidents, Taliban attacks have soared and Nato commanders fear neighbouring Pakistan and Iran are fuelling the insurgency.
-
Environment
BP has said that it is not the only oil Company responsible for oil spill in the Gulf of Mexico. The Company is firm on the view that the claims of its negligence in the oil spill are baseless.
Tony Hayward, chief executive of BP, is to leave the company, bowing to pressure over his handling of the Deepwater Horizon oil rig explosion, the aftermath of which has become America's worst environmental disaster.
-
Finance
Wall Street took the latest government report on its pay practices in stride Friday, saying it would review U.S. pay czar Kenneth R. Feinberg's suggestions about compensation while privately expressing relief that the report wasn't tougher on them.
Citigroup Inc. and JPMorgan Chase & Co. are among the banks that sold Goldman Sachs Group Inc. protection against a failure of insurer American International Group Inc., said two people with knowledge of the transactions.
Kenneth Feinberg, the Obama administration's special master on executive compensation, called on 17 bailed-out financial firms including Goldman Sachs Group Inc. and Citigroup Inc. to adopt compensation policies that allow directors to lower top executives' pay when a firm's survival is under threat.
Goldman Sachs told United States investigators which counterparties it used to hedge the risk that American International Group would fail, three people with knowledge of the matter told Bloomberg News.
The inspector general of the Securities and Exchange Commission is investigating whether political or other factors influenced the timing of the filing and subsequent settlement of the commission’s securities fraud case against Goldman Sachs, according to letters between his office and a Republican congressman.
[...]
H. David Kotz, the S.E.C. inspector general, who is an independent watchdog for the agency, began the inquiry in response to an April 23 letter from Mr. Issa, a California Republican who is the ranking minority member of the Committee on Oversight and Government Reform.
The S.E.C. has denied that its timing was influenced by politics.
A nonprofit accuses the bank's traders of starving people by dramatically bidding up prices for wheat, corn and rice. Is that fair?
International banks and financial companies were indirect beneficiaries of the government's 2008 bailout of American International Group Inc., according to newly released documents.
The government's pay czar announced Friday that 17 companies benefiting from federal bailout money handed out $1.6 billion in excess executive pay at the height of the financial crisis. The firms include Citigroup, Goldman Sachs and Bank of America.
Kenneth Feinberg, who was appointed as the Obama administration's special master for compensation, examined executives earning more than $500,000 at the 419 companies that received taxpayer assistance. Of the 17 companies that he found were egregious in their compensation, 11 have paid back the assistance received from taxpayers.
Goldman Sachs (GS) has contracted documentary film maker Ric Burns, co-producer of the Emmy-award winning 1990 documentary, The Civil War, to make an “industrial,” a movie about Goldman for internal consumption only, according to The Wall Street Journal’s Susanne Craig, citing a Goldman rep.
That isn't a real movie title. But filmmaker Ric Burns, who created the PBS series "The Civil War" with his brother Ken, is shooting a documentary about the Wall Street firm. Goldman Sachs Group Inc. is paying for the film, has editorial control and is overseeing the project through its marketing department, a Goldman spokesman said.
The creditors claimed the unit facilitated the fraud committed at Stamford, Connecticut-based Bayou, which filed for bankruptcy protection in May 2006. Bayou co-founder Samuel Israel pleaded guilty to directing a $400 million fraud and is serving 22 years in prison.
-
Censorship/Privacy/Civil Rights
In an unprecedented development, close to 92,000 classified documents pertaining to the war in Afghanistan have been leaked. SPIEGEL, the New York Times and the Guardian have analyzed the raft of mostly classified documents. The war logs expose the true scale of the Western military deployment -- and the problems beleaguering Germany's Bundeswehr in the Hindu Kush.
The closing date for comments is 30 July, so you have a few days to mull things over before submitting.
Recent Techrights' Posts
- "Today's [Red Hat] is run by a cabal of vultures."
- it seems safe to assume Red Hat too will languish away
- Microsoft Layoffs in 2026 Can be Bigger Than 2025 Microsoft Layoffs (30,000+ Workers Laid Off)
- "Is there going to be any reorg or Microsoft layoffs?"
- The Free Software Foundation (FSF) Represents People, Not Corporations
- FSF isn't in the "business" of appeasing oligarchs
- IBM: We Can't Make 'AI' (Voice Recognition) Do the Work of a McDonald's Teenager, So Let's Try the Same on Saudi Planes
- IBM is lost. It's truly lost.
-
- Links 22/12/2025: Data Breaches, deterioration in Politics, and Geminispace
- Links for the day
- Links 22/12/2025: North Korean Applicants Target GAFAM (Amazon), ‘Orwellian Climate of Fear’ of CPC (Even Outside China)
- Links for the day
- More IBM Layoffs in India
- It's not as simple as "laid off to be replaced by an Indian"
- GAFAM Deeply Connected to Jeffrey Epstein, Richard Stallman (RMS) in No Way Connected to Jeffrey Epstein
- people who hoarded all the capital get to decide what people think and say
- Linus Torvalds Has a Birthday This Coming Weekend, Thankfully He Still Controls His Main Project
- GNU and Linux should remain under their control as long as they live
- Mozilla is Getting Attention for All the Wrong Reasons, Take a Look at LibreWolf
- Just last week Mozilla added a new top-level manager who (as usual) came from a "tech giant"
- When Conformism Means Capitulation and Defeat
- In an age of injustices like these, we all have some kind of moral obligation not to be conformist.
- Text is Still King
- But the so-called 'industry' insists that we should download 10 MB of objects from multiple domains... even just to read 5-10 paragraphs of text
- Links 22/12/2025: Facebook "Testing $14.99 Monthly Subscription Fee to Post Links" and "Middle East Petrostates as American Media Owners"
- Links for the day
- Beyond the World Wide Web (WWW)
- We continue to treat Gemini Protocol as a first-class citizen
- Serbia: GNU/Linux Rises, Windows Down to All-Time Lows
- According to statCounter
- "Wrestling With Pigs"
- "Never wrestle with a pig. You both get dirty, and the pig likes it."
- Productive Year and Better Access to Techrights' Archives Going Back to 2006
- we've long needed and wanted native, local, independent search facilities
- Linux Abandoned by Linux Foundation
- It speaks for Microsoft and for so-called 'AI' companies
- Microsoft Has Practically Given Up on XBox Already
- Expect many XBox related layoffs when 2026 starts (Q1)
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Sunday, December 21, 2025
- IRC logs for Sunday, December 21, 2025
- Gemini Links 21/12/2025: Solstice, Chaos of CSS, and Program Interpreter Fun
- Links for the day
- Why?
- Why write articles?
- Microsoft-Connected Publisher Spinning XBox's Death Spiral (It's Dying Fast) as a Strength and Something Deliberate
- "Microsoft’s big gaming pivot"
- Slop is Rare by Now
- A year ago slop was so abundant that we did a whole series about it, and it was daily
- Links 21/12/2025: U.S. Strikes in Syria, "Epstein Files Photos Disappear From Government Website"
- Links for the day
- Gemini Links 21/12/2025: Labrador Retriever of Lagrange's Developer Dies From Cancer, Political Philosophy, and "Getting to Inbox Zero"
- Links for the day
- Microsoft is Becoming Irrelevant: The Case of Georgia
- Not Georgia Tech
- Sirius Open Source is Now Imminently Dead (Struck Off)
- compulsory strike-off
- Dr. Richard Stallman, Invited by LibreTech Collective, is Giving a Public Talk in Georgia Tech Next Month (Scheller College of Business)
- They can probably squeeze about 400 people into this room
- 25 Years of Activism for GNU/Linux
- My passion for GNU/Linux brought a lot of contentment
- Africa, Where Microsoft Used De Facto Slaves to Pretend to be "AI", Chatbots Usage is 0.2% of Measured Online Traffic
- Judging by recent trends in Africa, many "Windows PCs" are being converted into GNU/Linux computers
- New Drone Footage Shows IBM is Dead (Parts of It)
- The people who participated in IBM when IBM actually mattered probably have boasting rights, unlike people who work for IBM today
- Michael Larabel Adds Slop Category to Phoronix, Quickly Realises That It's Worthless
- Phoronix nowadays gets carried away; it made a new category to talk about slop and it decided to call it "intelligence" with some caricature of a brain (that's misleading)Phoronix nowadays gets carried away; it made a new category to talk about slop and it decided to call it "intelligence" with some caricature of a brain (that's misleading)
- After 35 Years the World Wide Web, HTML, and HTTP Are Proprietary
- HTTP/2 added a lot of complexity (it's just a Google protocol, based on SPDY originally), many image formats are proprietary and patented, HTML got 'replaced' by Java-Scripts [sic], and many URLs (the URL system was created in the early 90s) are just long strings for proprietary 'webapps'
- The General Public License (GPL) Inspired the Web's Original Openness/Freedom, According to Tim Berners-Lee
- "During the preceding year I had been trying to get CERN to release the intellectual property rights to the Web code under the General Public License (GPL) so that others could use it."
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Saturday, December 20, 2025
- IRC logs for Saturday, December 20, 2025
- The Register MS Has Lowered Its Standards Considerably
- Incidentally, we've only just noticed that "US editor for The Register since July 2025" has not been active for 4 weeks already
- Scamfarms, Spamfarms, and Slopfarms in "Linux" Clothing
- Today, Linux searches in Google News produced no slop at all. That's an improvement.
- Did Bill Gates Lobby to Blur the Face of the Young Woman He Openly Braces (and Who Isn't His Wife)?
- "This photo of of Microsoft co-founder Bill Gates with a woman whose face is blurred out is just one of 68 more photos and documents released today."
- Links 20/12/2025: Microsoft Ruins Televisions, 'Epstein Files' Deeply Sanitised (to Protect Particular Culprits)
- Links for the day
- Gemini Links 20/12/2025: Merry Christmas 2025 and Running a Factorio Headless Server on FreeBSD with the Linuxulato
- Links for the day
- With 10 Days Left, the Free Software Foundation (FSF) Has Already Raised Close to $300,000 This Winter
- they're besieged by despicable corporations and very despicable people
- The Real Problem With Rust is Not "Wokeness" (It Never Was)
- Don't feed the trolls who attack "Rust People" on political grounds
- 2025 in Numbers
- What was very good about this year is that we truly got "into the rhythm" of publishing
- More Microsoft Layoffs Coming Soon
- When I spoke about Microsoft layoffs (routinely) I got very viciously attacked by Microsoft boosters
- My Humble Assessment of the Future of Red Hat, A Company That IBM is Flushing Down the Loo
- GNU/Linux will be OK without Red Hat, but shaping the future of it matters because we don't want companies like Valve (DRM) to set the agenda
- Probably the Least Useful Gadgets, Ever
- as if a "smart" thing worn on the wrist is the "new Rolex"
- Former Manager at IBM Research (Yorktown) Says Why IBM is Doomed and the Anonymous Tipline (Speak Up) is a Trap
- IBM isn't willing to change or to address internal issues
- Links 20/12/2025: Fentanylware Becomes CheeTok and "Why Roomba Died"
- Links for the day
- Linux Foundation: Richard Stallman Developed Only a Software Licence
- We already criticised this report several times last night
- Impulsive Writing, Quotas, and Keeping Things as Concise as Feasible
- A 10-word sentence being read by a million people can have the same impact or magnitude (exposure-wise) as a million-word book being read by just 10 people
- Gemini Links 20/12/2025: Christmas Songs, Storms, and Old Web
- Links for the day
- Coming to Grips With a Lack of Future at IBM
- Red Hat's future doesn't look bright under the auspices as they seem right now
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Friday, December 19, 2025
- IRC logs for Friday, December 19, 2025
- Links 20/12/2025: Media Layoffs, a Third of Online Traffic is Bots
- Links for the day