448 posts • joined 17 Jul 2009
Zopa = crowdfunding (on a personal level)
Zopa saw a huge boost in business during the credit crunch as savers had their interest rates slashed to virtually nothing while those needing credit were turned away from banks.
And guess what... people were willing to pay between 5-15% interest, while others were happy to earn anything above what the banks wanted to give them. Granted, Zopa has always been very clear about how they run the business, and apparently their Zopa Listings business (which allowed lenders to choose which loans they wanted to support) had higher defaults, which is why they shut it down.
And it's because they (Zopa) were the facilitators between the individuals wanting to lend money and those wanting to borrow, and were doing this for a fee, they had a consumer finance license (similar to what several crowdsourcing sites have already, and also incidentally, "The Bank of Dave"). The FCA and the PRA see things slightly differently, which is why all sites are now on notice that they'll need to get their houses in order regulatorily speaking.
Now this... is engineering...
This is cool stuff! :-)
Re: It may not be illegal
Morality is subjective. What you consider immoral may not be considered immoral by someone else.
A corporation exists for one purpose: To generate profits for its owners. Corporate accountants exist for one purpose: To ensure a corporation complies with tax law as it is written. That the two combine to ensure that the corporation generates as much profit as possible within the tax law, is, well, natural.
Morality, subjective 'spirit of the law', and all that warm fluffy human stuff does not feature in any equation, that's why there are laws. They apply the same fluffy human stuff equally without human intervention. If you don't like it, become a politician and change it. However, you'll find that your political colleagues/opponents may have different priorities to you wanting to change the world to a warm fluffy one.
Horse. Beat. Dead.
Rearrange into suitable order. That's all.
Re: now that's how you 'take a fall'
Having worked in a building where someone jumped off an internal balcony into the atrium below, this is neither funny nor appropriate, even for El Reg's… questionable comment standards.
Shame on you, and my condolences to the members of the public and the colleagues who witnessed it, and the family and friends who have to suffer through this.
Re: Can be useful though
I am not mistaken. Eclipse fixed this issue yesterday afternoon after being made aware of the security implications of the problem.
Re: Can be useful though
Chas, it was until it was fixed by Eclipse yesterday afternoon. I know this because Eclipse has been in touch about this.
Re: There are some reasons to displaying the password...
That small but significant difference has been explained to them, and someone fairly senior is on to this issue.
Re: Can be useful though
The DSL password is not the same as your Eclipse user account password. Both are displayed in plain text. The former is… ok, the latter is NOT.
Re: Can be useful though
Sorry Nya, but that's not true. It's not only the DSL password, but your user password too! If you log into 'My Eclipse', go to 'My Users', then click on your name. Your password (that you logged into My Eclipse with) will be displayed to you in plain text.
This is a major security failure. I've sent a strongly worded complaint and expect them to address this (and explain themselves) before I get in touch with the ICO.
There are some reasons to displaying the password...
For example, your broadband connection password, which is *not* the same as your Eclipse username password.
Why it displays the password for your user information (i.e. when you log into the interface and look at your own user details) is a security failing, considering that THAT password gives you full access to the Eclipse account.
It helps Seagate's business though, perfect for *their* enterprise.
Hmmmmm, this is somewhat disconcerting... I hope that this does not include their ops in Exeter...
Ranty ranty ranty...
What I see is a lot of waah-waah-waah! You're on pre-paid and you demand satisfaction? Sorry, you're the lowest on the totem pole where service is concerned. Get a contract. And even then you're not high on the totem pole either (corporates are).
However, that said, I have sympathy for those who have lost airtime as a result. It should not happen. T-Mobile/EE should have been more on-the-ball. When the crap hits the fan like this, their social media team should've been there, notifying users about the problem.
As for the one person having to have her child wait for 2 hours, yes, I can see how it would be upsetting more to her than her little darling. Some companies do *not* like having personal calls made on work phones (and in call centres even block outgoing ones), and not being able to reach anyone else is a problem. Again, I have sympathy.
This drama could have been avoided with some smart management, but then again, this is T-Mobile and EE... enough said.
Re: Alternatives exist
Airbus has switched back to NiMH for the A350, yes.
Re: Not sure about this
There is no difference other than the B787 not needing ground support (i.e. it can function in hotel mode). Most of the juice required from the battery is during start-up, once airborne, all power in the plane is provided by the generators linked to the turbofans.
Re: Fixing problems the Microsoft way
Ummmm, they did design around the known failure mode. They expected Thales (charging mechanism) and GS Yuasa (the battery manufacturer) to have everything sorted out (which is a reasonable assumption to make).
However, when the crap hit the fan, Boeing went for the 'put the battery in a fire-resistant box and vent all the crap overboard when something *does* go wrong, regardless of what Thales and GS Yuasa say' version of things to get those planes flying again. Any weight loss by changing batteries has been negated by the strongbox.
Re: Strip the place bare
Strip the place bare you say... and then get sued by the administrators to get the stuff they legally own back. *slow clap*
Re: Just FYI
The lack of storage space and the portability was my first reason to buy a PP version of the external Zip drive. Then Iomega brought out the 2GB Jaz drive, and I was smitten. It worked over PCMCIA and SCSI, which at the time worked for me on my laptop and desktop.
Yes, the internal versions didn't have the cute green and purple fascias (in keeping with the external housings)… but nonetheless they were good. :-)
The MD would've been fabulous, and yes, if Sony hadn't been so boneheaded, it could've gone the other way. :-)
Re: Just FYI
Dave, the Zip and Jaz drives were beautifully designed. They could've looked like every other crap external drive (i.e. oblong beige box), but they didn't. They might not have been Starcked or Poulsoned, but they did look sexier than the norm. And their external housings still look pretty dishy…
LaCie has had design nous for YEARS... it's not like Apple suddenly made design sexy... LaCie and Iomega were there before...
*ding* *ding* Winner! Well-explained, no wah-wah drama, just the plain facts.
Just the way it should be.
Re: Do what we want, not what we say
Ahhh the shrillness of the Commoners in the House is rising again. Tis the season…
But, as you so eloquently point out, they'd rather go whaa-whaa than actually doing something about it.
Re: Only a few lucky winners
Well, that's not the entire story…
The first bid was won by Boeing. Then someone alleged bribery and other inconsistencies. So the Air Force scrapped it, then restarted the tender. That's when Airbus + Grumman won it, and even suggested that the bodies would be modded in Alabama. The Air Force bought into that. Then Boeing squealed and threw a tantrum, and the Air Force scrapped it again, restarted the tender a second time, and Airbus gave them the two fingers (hallelujah). It was what Boeing wanted all along…
Re: Only a few lucky winners
747-8, not -800.
And yes, the 747-8 Intercontinental is a good fit for the next AF1, although GE will have to resolve their icing issues for the jet engines used on the -8. The -8 and the 788 are both subject to an FAA advisory requiring them to avoid any thunderstorms over 60 miles in size.
ARM is also extensively covered in...
Backroom Boys - The Secret Return of the British Boffin. Brilliant book, also covers Vodafone, The Sanger Institute, and others... :-)
Re: Slightly off topic...
At least that one was *not* designed by Zaha Hadid. A MAN came up with that one.
She's correct, you know.
It's not the vagina. It's the vulva.
Someone clearly didn't pay attention in biology.
Oh goodie, more Daily Mail-esque histrionics!
Give it a rest. Planes have had phones for years… just because it was prohibitively expensive did people not use them (often)!
Airlines don't expect all 400 people to be using their phones at the same time, especially considering that the roaming charges will still be rather hefty, so all this whaa-whaa from The Register and others on here is totally unnecessary! Now being able to call or even just text ahead and let someone know that you are delayed is a very useful thing to have, and that's more what the airlines expect people to do.
The technology has moved on so much that the connection will perhaps be delayed (3 second turnaround), but certainly not "HI, I'M ON A PLANE! YES, ON. A. PLANE. YES. CAN YOU HEAR ME?" bad. The micro-cell is on-board, the Ku/Ka-Band equipment connects directly to Inmarsat or other satellite providers and then bounces into the destination network.
But then again, I've said this before several weeks/months ago…
Yeah, yeah, downvote me…
Re: So many truths in there...
Of course! And saved off-site too so you can take it with you when you move on. ;-)
So many truths in there...
Ohhhh yes. But the difference is that all those hours spent will immediately pay off because you won't ever, ever have to do it again (unless something's changed, and you must tweak it again).
The amount of times I've done this, even if it only shaves a few minutes off, is a lot. It's just that those few minutes, multiplied by the amount of people using that instead of the old method, and multiplied by the amount of times it's used instead of the old method just adds up to a *LOT* of man hours saved, even though people just don't realise!
Re: FLOSS nutter
@David 126 - *DING* *DING* Winner!
I'd second that!
Re: What happened...
Those controls are called "the internal QA process".
Clearly that's lacking over at Kaspersky and several others. However, that said, there's always the internal process that does everything over and over… until someone pushes the wrong button (instead of 'send back', click on 'release').
I'll +1 your +1 for your +1 for a +1. :-)
Re: Who the hell would want to bug a meeting of vapid Tories ...
What, like Labour is any better? Who are you kidding, mate?
Re: A question
In the Far East they very much exist and co-exist well. It's in the Middle East where things are very different.
Not Princess Hacker.
Kristin is known as Hacker Princess, not Princess Hacker.
Look at the business card. Jeez.
Anyone who has delved into the history of HMG secret services or bothered to read the rather voluminous book about the GCHQ would've known this already and wouldn't be carrying on as if they'd been asked to relinquish their first-born.
Cable & Wireless (who sold off their FO estate to Vodafone) had a cosy relationship with HMG for decades! Ditto the General Post Office (oh, sorry, BT).
Nothing new to see here, move along now, move along. :-)
* May the downvoting begin. :-)
Re: To be fair...
And why, pray tell, should it be hosted by JANET?
Last time I checked, gov.uk is not a research or educational organisation/site, so it's not something JANET would host.
And Gov.uk *is* a UK government website, managed by the Cabinet Office (through the Government Digital Service).
Re: Innovative ?
Pascal, it's called 'asserting your trademark'. I would expect you would do exactly the same if you had an easily-recognised and easily-copied trademark to ensure that people are not riding on the coattails of your fame to pass off their products!
Re: What has changed?
What has changed is that you do not need to switch off the device between flight level 0 and flight level 100. No more hissy fits from Alec Baldwin and his ilk. That's what's changed.
Re: Cell phones at altitude...
Ummmmm. No. There is no need to shout into your phone. With Ku and Ka band backhaul, it'll be a little longer, but should be as clear as your other party to their local cell.
@Henry Wertz 1
You do realise that the organisations providing WiFi (GoGo and others) already cover this problem by providing voice call capability in the hardware from Panasonic et al?
I know... I've been following this trend for the last two years. Believe me, when it makes sense, voice calls will be enabled. Phone calls from planes have been around for a while, so this is not breaking new ground.
Slower = less power to drive, i.e. more power-saving.
Re: Just wondering
Difference is: Yet another useless word.
Ummmmmm... Mac OS X has let you change window size from any edge for years?
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