A team of scientists at the MPQ realizes a first elementary quantum network based on interfaces between single atoms and photons Max Planck Institute of Quantum Optics (Julia W)
The World’s First 3-D Chocolate Printer Fast Company
High-frequency trading is cuckoo Business Spectator. Readers, your thoughts?
On High Frequency Trading… Macro Rants. Readers?
Warm Winter Means More Pests Farm Journal
Rail traffic continues to soften Pragmatic Capitalist
Metal thefts putting homeowners on edge Chicago Tribune
Double Bubble Trouble Who is IOZ? on Instagram. “A billion, really?” Kinda NSFW.
Fracking Tied to Unusual Rise in Earthquakes in U.S. Business Week
Oil markets should heed Libor lessons Gillian Tett:
The issue revolves around the role played by price reporting agencies – PRAs – such as Platts, Argus Media and ICIS. These wield extraordinary power in the energy sector, since, as Liz Bossley, head of the Consilience Energy Advisory Group says in her submission to Iosco: “The vast majority of physical oil production moves under contracts that use PRA benchmarks as a reference point”, and “perhaps 60 to 70 per cent of OTC swaps and options are priced or cash-settled by reference to PRA quotes.”
But the PRAs do not create these indices just based on prices established by actual trades; instead, they also rely (sometimes heavily) on reported quotes from a pool of selected financial players, with sometimes as few as five participants taking part, as the Iosco report notes. And there is limited external scrutiny, let alone regulatory oversight of the prices, because reporting activities have been defined as “journalistic” activity and are shielded by free speech rules.
What could go wrong?
Battle for the Soul of Occupy Ad Busters
Yes, The 99% Spring Is A Fraud. “The first clue… was the sign-up table, where there were a bunch of Obama buttons for sale.”
How Occupy Co-Opted MoveOn.org Mother Jones. Isn’t it pretty to think so.
Politics in Woodlawn: Occupation of the Mental Health Clinic Gapers Block, Chicago, IL
The Eschaton Decade Sure, but why are all the wankers bit players from the media?
NYT Gives a (Very Reluctant) Kudos to Al Jazeera Columbia Journalism Review
Times of London Sued in Hacking Scandal Times (Buzz Potamkin)
News Corp faces growing threat of phone-hacking lawsuits in US Guardian (Buzz Potamkin)
Family seeks answers after police shooting of loved one The Miami Herald
In Which I Rain on Everyone’s Cory Booker Parade Corey Robin
Nazis get their own lobbyist on Capitol Hill The Sideshow. Make up your own jokes!
A lean to the far right in Greece? Foreign Policy
Looking Back on the Limits of Growth Smithsonian
Computing isn’t just getting cheaper. It’s becoming more energy efficient. Technology Review. That means a world with lots of sensors and lots of streaming data.
Titanic: the 100th anniversary Detroit News. How a propos.
Antidote ju jour: Tillman the Surfin’ Bulldog (furzy mouse):