Following up on the earlier story about Nortel execs waiting for a ruling in their corporate fraud case, new submitter Unknown1337 writes "Something doesn't add up when a multi-billion dollar corporation loses it's value so quickly, but the courts have decided it wasn't intentional fraud by the executives that caused it."
angry tapir writes "The U.S. Department of Justice did not mislead a court and attempt to entrap file storage site Megaupload on copyright infringement charges, the agency said in a new filing in the case. Megaupload's charges that the DOJ conspired to entrap the site on criminal copyright charges are 'baseless,' an official with the U.S. Attorney's Office for the Eastern District of Virginia wrote in a court document filed last week. Earlier this month, Megaupload filed court documents saying that in 2010 the DOJ asked the site, through its hosting vendor, to keep infringing files as part of a DOJ investigation, then later charged Megaupload with copyright infringement."
Lasrick writes "The Bulletin of the Atomic Scientists announces whether their Doomsday Clock has been moved with this open letter to President Obama, outlining progress on a number of fronts, but also detailing what still needs to be done to avoid various threats to humanity." From the article: "2012 was a year in which the problems of the world pressed forward, but too many of its citizens stood back. In the U.S. elections the focus was "the economy, stupid," with barely a word about the severe long-term trends that threaten the population's well-being to a far greater extent: climate change, the continuing menace of nuclear oblivion, and the vulnerabilities of the world's energy sources."
The untimely death of Aaron Swartz has raised a lot of questions over the weekend. Now MIT is launching an internal investigation to determine what role the school played in his suicide. From the article: "In a statement, MIT President L. Rafael Reif offered his condolences, saying that the school's community was 'extremely saddened by the death of this promising young man who touched the lives of so many. Now is a time for everyone involved to reflect on their actions, and that includes all of us at MIT,' Reif said. 'I have asked professor Hal Abelson to lead a thorough analysis of MIT's involvement from the time that we first perceived unusual activity on our network in fall 2010 up to the present. I have asked that this analysis describe the options MIT had and the decisions MIT made, in order to understand and to learn from the actions MIT took. I will share the report with the MIT community when I receive it.'"
An anonymous reader writes "Three former Nortel executives accused of orchestrating a widespread multimillion-dollar fraud will learn their fate in Toronto on Monday, nearly a year after one of the largest criminal trials in Canada's corporate history began. Ontario Superior Court Justice Frank Marrocco is set to rule on whether ex-CEO Frank Dunn, ex-CFO Douglas Beatty and ex-controller Michael Gollogly manipulated financial statements at Nortel Networks Corp., between 2002-2003. The men, who each face two counts of fraud, are accused of participating in a book-cooking scheme designed to trigger $12.8 million in bonuses and stocks for themselves at the once powerful Canadian technology giant."
theodp writes "The e-mail that Defendant Swartz's supplemental memorandum (pdf) cites as paramount to his fifth motion to suppress [evidence against him] is relevant, but not nearly as important as he tries to make it out to be,' quipped United States Attorney Carmen M. Ortiz (pdf) in a court filing made on the same day Aaron Swartz committed suicide. In the 1-7-2011 e-mail Ortiz refers to, which was not produced for Swartz until Dec. 14th — almost two years after his 1-6-2011 arrest — a Secret Service agent reported to the Assistant U.S. Attorney that he was 'prepared to take custody anytime' of Swartz's laptop, although no one had yet sought a warrant to search the computer. In Prosecutor as Bully, Larry Lessig laments, 'They [JSTOR] declined to pursue their own action against Aaron, and they asked the government to drop its. MIT, to its great shame, was not as clear, and so the prosecutor had the excuse he needed to continue his war against the "criminal" who we who loved him knew as Aaron.' Swartz's family also had harsh words for MIT and prosecutors: 'Decisions made by officials in the Massachusetts U.S. Attorney's office and at MIT contributed to his death. The US Attorney's office pursued an exceptionally harsh array of charges, carrying potentially over 30 years in prison, to punish an alleged crime that had no victims. Meanwhile, unlike JSTOR, MIT refused to stand up for Aaron.' With MIT President Emeritus Charles M. Vest currently serving as a Trustee of JSTOR parent Ithaka as well as a Trustee of The MIT Corporation, one might have expected MIT to issue a statement similar to the let's-put-this-behind-us one JSTOR made on the Swartz case back in 2011."
New submitter LordLucless writes "ASIO, Australia's spy agency, is pushing for the ability to lawfully hijack peoples' computers — even if they are not under suspicion of any crime. They seek the ability to gain access to a third party's computer in order to facilitate gaining access to the real target — essentially using any person's personal computer as a proxy for their hacking attempts. The current legislation prohibits any action by ASIO that, among other things, interferes with a person's legitimate use of their computer. Conceivably, over-turning this restriction would give ASIO the ability to build their own bot-net of compromised machines. Perhaps inevitably, they say these changes are required to help them catch terrorists."
Qedward writes "The Norwegian Ministry of Finance seems to be taking a bit of stick at the moment. It wants all the existing cash registers in the country thrown out and replaced with new ones. Not surprisingly, this massive upgrade is not popular. But it is apparently being pushed through in an attempt to prevent cash registers' figures being massaged downwards in use so as to reduce tax. The Norwegian association of tax auditors said: 'The source code must be opened.' 'Without source code it is not possible to determine whether or "hidden" functionality exists or not. Just knowing that the tax authorities have access to the source code of the application, will reduce the effort to implement hidden functionality in the software.'"
New submitter fractalVisionz writes "The White House has officially responded to the petition to secure resources and funding to begin Death Star construction by 2016, as previously discussed on Slashdot. With costs estimated over $850,000,000,000,000,000 (that's $850 quadrillion), and a firm policy stating 'The Administration does not support blowing up planets,' the U.S. government will obviously decline. However, that is not to say we don't already have a Death Star of our own, floating approximately 120 miles above the earth's surface. The response ends with a call to those interested in STEM (Science, Technology, Engineering, and Mathematics) fields of study: 'If you do pursue a career in a science, technology, engineering or math-related field, the Force will be with us! Remember, the Death Star's power to destroy a planet, or even a whole star system, is insignificant next to the power of the Force.'"
Trailrunner7 writes "A 24-year-old Algerian man remains in a Thai jail awaiting extradition to the United States, where he is suspected of masterminding more than $100 million in global bank heists using the ZeuS and SpyEye Trojans. Malaysian authorities believe they've apprehended the hacker Hamza Bendelladj, who they say has been jetsetting around the world using millions of dollars stolen online from various banks. He was arrested at a Bangkok airport en route from Malaysia to Egypt. The hacker had developed a considerable reputation as a major operator of ZeuS-powered botnets and bragged about his exploits"
Dangerous_Minds writes "Next month, tribunals will begin for the first people receiving their third strikes in the New Zealand 'Three Strikes Law.' In all, 11 people will have their cases heard, including one who said that her connection was used without her knowledge. Freezenet notes that there has been a long history of controversy for the law from the Internet blackout protests of 2008 to the cablegate leak which revealed that the law was financed and pushed by the United States."
An anonymous reader writes "With the 'six-strikes' anti-piracy plan set to begin in the U.S. soon, TorrentFreak has gotten its hands on a document showing how Verizon in particular will be dealing with copyright-infringing users. For your first and second strike, Verizon will email you and leave you a voicemail informing you that your account is involved in copyright infringement. For your third and fourth strikes, the ISP will automatically redirect your browser to a page that requires you to acknowledge receiving the alerts. They'll also play a video about the dangers of infringement. For your fifth and sixth strikes, they give you three options: massively throttle your connection for a few days, wait two weeks and then throttle your connection, or file an appeal with an arbitration service for $35. TorrentFreak points out that the MPAA and RIAA can obtain the connection information of repeat infringers, with which they can then take legal action."
redletterdave writes "Only a small number of U.S. cities can boast fiber optic connections, but in China, it's either fiber or bust. China's Ministry of Industry and Information Technology has now ordered all newly built residences to install fiber optic connections in any city or county 'where a public fiber optic telecom network is available.' The new standards will take effect starting on April 1, 2013, and residents will be able to choose their own ISP with equal connections to services. The Chinese government reportedly hopes to have 40 million families connected to fiber networks by 2015."
Dupple sends word from the BBC that the U.S. Federal Aviation Administration will be conducting a safety review of the Boeing 787 Dreamliner after a number of incidents have called the aircraft's hardiness into question. "An electrical fire, a brake problem, a fuel spill and cracks in the cockpit's windshield have affected Dreamliner flights in the past week. ... The Boeing 787 Dreamliner is one of the most advanced aeroplanes ever created. Much of it is made from very strong, light carbon-fibre composite material. However, a spate of technical issues has hurt its image. On Friday, two new problems were found, adding to Boeing's woes." A spokesman for Boeing said they were "absolutely confident in the reliability and performance of the 787," and were cooperating fully with the FAA's investigation. The 787 went into service in 2011, and 50 have been delivered to various airlines since then, with hundreds more on order. Qatar Airways has received five of them, and it has criticized Boeing for manufacturing faults.