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27 May 2010 11:05

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Biz: China doesn’t do anything, and all of a sudden, stocks are happy

  • What went down: The Financial Times reported that China was thinking about ditching their European debt, which would be a huge blow for Europe’s economy. However, China denied these rumors, and reassured investors. Essentially, they stayed the course and singlehandedly turned stocks around. Not bad for doing nothing.
  • 1.7% the increase in the Dow Jones Industrial this morning
  • 2% the leap in
    the broader S&P 500
    after the news
  • 2.3% the leap in the tech-heavy Nasdaq 500 on the news source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2010 10:56

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Tech: The (IPv4) world is going to explode in 18 months; OMG OMG

  • The internet as we know it will no longer be able to grow. That doesn’t mean it will cease to function, but entry could be limited to new devices.
  • RIPE NCC chief scientist Daniel Karrenberg • Regarding the quick decline of IPv4 and the slow adoption of IPv6. The combination of the two problems – iPv4 running out of addresses, while many companies sit on the fence regarding IPv6 – means that we could run out of IP addresses in eighteen months. At which point, if you buy a gadget and it can’t get online, don’t blame us. We’re just the messenger. source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2010 10:46

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U.S.: Did the “Top Kill” stop the oil spill, guys? Is it BP’s lucky day?

  • YES but we’ll see if it actually holds up ok source
Posted by Ernie Smith • 0 Comments • Permalink
 
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