links for 2010-05-05

  • We have no idea whether Goldman Sachs did anything illegal or not. We suspect that these charges will fade away once their political usefulness has evaporated. They will pay a meaningful fine “without admitting or denying any wrongdoing” as is the common practice in these situations.
    The politics behind the case, if any, remain inscrutable, but conspiracy aficionados are pointing to the odd timing at a critical juncture in the financial regulations debate and the first-time-ever, 100-percent partisan split vote by the SEC board to bring the case forward. A few days after the unrepentant Goldman executives calmly displayed their extraordinary IQs in the face of numerous profanity-laced senatorial tirades, rumors of criminal charges were leaked to the press. The unfortunate timing put a dent in the government’s claim of independence from political expediency.
  • Android smartphone users will now have the ability to view every photo and video captured and every email sent or received, according to an announcement Monday by Retina-X Studios.
    The software works with all Android models, including Motorola’s Droid, T-Mobile’s MyTouch 3G, and HTC’s Droid ‘Incredible.’ These new features add to the capabilities the spy software already offers in call, SMS, browser and GPS logging.

  • The Obama administration is offering up to $1 million in prize money to entrepreneurs that can come up with innovative ways to commercialize new technology.
    The U.S. Department of Commerce Office of Innovation & Entrepreneurship’s i6 Challenge is offering the prize money to six winners who invent what judges think are the most innovative ideas to drive technology commercialization in their respective regions, according to a White House blog post attributed to Secretary of Commerce Gary Locke.

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