skysight-inc/HackerNews huggingface dataset:
The PE works out to be so high because there is a growth expectation from Facebook's one billion users. All that it says is that the market believes the chances that Facebook will be able to grow revenue, and in the future, profit, is very high.

Just to pick a nit. To date Facebook's P/E is high because Facebook said so. Facebook's value has never been set by an open market until about 3 or 4 hours ago.

Its P/E isn't mean to be an indicator of value, its shows the markets expectations of growth. And I think a lot of people are interested to see if the "market"'s expectations are inline with their own - and to that end P/E is great.
The world's most popular game is also its most corrupt
Maybe that's true of large universities, but I went to a school with around 3000 students, and most of the journal articles I looked for were not available. (At least in Computer Science.) Fortunately in CS you can track down the author's personal website, and they usually have all papers available there.
Mgo= Go Driver for MongoDB release 2012.05.21
Jumio looking for IOS,Android and Computer Vision developers for its US team
Want to join an interesting startup that is well funded? Jumio INC, is a promising startup with over $34 million in funding from Anderson Horowitz and Citi Ventures among others. Jumio is looking
Techcrunch: Disrupt NY 2012 - Live
All the best, Colin.
HP has released three cloud services, HP Cloud Compute, HP Cloud Object Storage, and HP Cloud Content Delivery Network, for public beta testing.
You must not be from the US, because apparently you haven't heard of Habitat for Humanity, which builds houses in buildathons, or the Amish, who do the same thing when they build their houses and barns. (Surely you've heard of a "barn-raising"?) Maybe you should watch this video: http://www.youtube.com/watch?v=O0ph0rA-A9U

And you must not know much about construction, either, because there are regular contests where teams compete to see who can build houses fastest, which are well-known among people who work in construction. Unfortunately I'm not one of them, so I don't remember what they're called.
Wow, this is one uninformed review of node.js. So the threshold for acceptability of a technology is hosting solutions and a community meetup? Come on.

> Node JS’s target audience probably doesn’t know enough to safely and securely run their own Internet-connected servers.

First, the presumption about the "target audience" for node.js is garbage. This is basic ignorance of the community at-large. This same comment could be made in the context of any technology set, if you presume the target audience.

> Where Are The Community Meet-ups?

Behold, a solution: http://lmgtfy.com/?q=node.js+meetup

But to answer the question: where is the ecosystem? It's all around -- repositories like Github, commercial providers like Joyent, contributors like Nodejitsu, hosting providers like Windows Azure, and yes -- there are meetups as well.

I guess one just needs to know where to look.
The problem is that Facebook's primary asset is users. They're making money off of them(approximately $1/user in profit and $3.5 in revenue), but it's not clear if they can make exponentially more per user.

They certainly can't expand the user pool by that much, which means that they need to find a way to monetize their existing users more effectively. I think that Facebook can certainly make more/user than they currently are. $5, maybe $10/user is possible. But $100? I don't think so.
Mike sits on our board at Stripe. He's one of the greats. This is very sad news.
It'll be interesting to see how this pans out - but I can't see it being widely adopted in the home any time soon. People who want gesture based stuff will use Kinect.

However, I can see this being huge in the commercial market. I can easily imagine using something like this in a shop, or for presentations at work.
It's less buying them off and more of an investment and recruitment activity.
There is nothing wrong with #LowHangingFruits. They can be just as good as harder-to-get fruits, and one would be silly not go for them first.

And it's not just social media that's low-hanging in the Valley -- that'd be an oversimplification. It's also the plethora of in-your-face B2B and B2C opportunities, thanks to the pervasive connectivity of business and individuals (which unlike the 90s is very real this time).

If you walk around America visiting businesses and industries you get a sense of how rudimentary most processes are, and how amenable they are to software automation. Companies like Square and OpenTable are examples of non-social ventures that are disrupting markets. Of course it's not science, but who cares? They are innovating and disrupting just the same.

I say go build your apps, whether social, B2B, etc. Find those low-hanging opportunities first. All signals say Go: connectivity is increasing; devices are selling like bananas; software companies are making real revenue; and most opportunities are yet to be exploited.

And in parallel to all that let the government/large risk takers support more pie-in-the-sky ideas, and when the opportunities are depleted let's refocus and aim higher.

But there's nothing wrong with enjoying a delicious fruit without having to climb trees.
I posted the link half an hour before this post. Why did this post go through? My post, same url, was considered a duplicate of a post from last friday.
The lowest point.
I think they've got a ways to go before they can become ubiquitous for payments in general. They have a problem where a ton of people just don't trust them - and IMHO you've got to have trust to become a successful payments platform.

"Yet in the poll of U.S. adults published Tuesday, only 13 percent said they trust Facebook 'completely' or 'a lot' when it comes to keeping their personal information private. A majority, or 59 percent, said they trust Facebook 'only a little,' or 'not at all.'"
http://www.cbsnews.com/8301-505123_162-57437362/lack-of-trus...

That said, Paypal isn't exactly loved by many, and they seem to be doing well, so maybe I'm holding FB to too high a standard...
'March Madness' of coding contests highlights two trends
Most stock grants to employees are at a particular locked in strike price and they can't sell for 6 months or so anyway.

So their "buy" price as already set and their "sell" price was going to be set by the market anyway.

This is the only time FB can set the price. Any later sales of shares will be market priced.
At $5.
"We do not view the desktop as a mode"

...Isn't that what it is, in Windows 8?
JavaScript/HTML/CSS is the eventual target. Lua is like JS-the-good-parts with better syntax, TCO and coroutines.

My guess is he'll hate the transition for awhile but will have a lot of great habits and concepts that will really serve him well in JS.
This is brilliant! Especially love the "And﻿ Gruber's I don't knowing" line. Cracks me up.
It could go the other way.

If the founder has all their wealth tied up in the company, they might be more likely to manipulate to sell the company early to make themselves a multi-millionaire.

If you give them a bit of an exit, they then have more motivation to try and build the really really large company.
Of course they remove one of the actually good things.
I don't think it needs doing properly. Seriously, listen to one, if you don't think it could be improved with 15 minutes trimming then I'd be amazed.
I've been searching all over for something like this as a potential mouse replacement to help with my finger tendinitis. I just pre-ordered. Also an interface designer, so I'm excited to see where this goes.
For your Supervisor deployment to actually be secure, you need to make a couple changes.

First, you should be using a separate root-owned virtualenv for Supervisor itself. If you use a virtualenv owned by another user, that user can effectively cause arbitrary command execution as root whenever Supervisor starts by modifying the virtualenv activation script.

Second, the Supervisor configuration file itself should also be root-owned and specified using the -c switch for 'supervisord'. A malicious user with access to the Supervisor config file can do all kinds of malicious things with that access alone, usually starting with disabling the privilege dropping and proceeding to overwriting arbitrary files as root. You should always specify the path to the config file as well, because otherwise Supervisor looks in the current working directory. That's harder to exploit, but it's better to be safe and have zero chance of a root-owned process reading a wrong (and possibly malicious) config file.

Fixing this stuff is probably beyond the scope of the article, but they're things you should consider if you plan on deploying Supervisor on production systems.
MAKE DO AND MEND
Microwave Literacy
Digital archivists: technological custodians of human history
The classiest guy in podcasting. Bravo Sir.
Possible tip: Use a dedicated podcast app with playback speed-up functionality. I use Downcast on iOS and DoggCatcher on Android.

Gruber, with his slow speaking and uncomfortable pauses, is much more tolerable at 1.5x. Conversely, if you're listening to someone like Merlin Mann, 0.75x speed can be helpful.
Google should be all over this. Microsoft has Kinect, there are rumors Apple has been working on it, too, and I know Google hired the product lead from Kinect a while ago (George something), but I haven't seen much come out of that. This could be very useful for Google TV and who knows what else in the future. Better to integrate it in the Google X lab.
Gruber is taking a page out of the Apple PR book by not saying anything, unless there is something good to be said. This may help move the news cycle along but it's still no way to treat a friend.
If I had a lot of success with ads on facebook, I would keep it quiet, so negative reviews (which there are quite a few these days) lower prices.

Another thing to consider is that facebook was (still is?) in a quiet period due to IPO, and once it's over we will definitely see some good examples of how facebook ads work.
Does anyone else find it amusing that the title of the latest post on daring Fireball is "Why wasn't I consulted?".
Correction: everybody else has the chance to make something huge / gain publicity / meet other developers / launch an independently successful project / etc at the hackathon, so it's not a total loss.
礼物推荐
yes, definitely a size difference. However, linkedin has a revenue model that seems more robust.
Those who want to monetize on the social networks *(the way FB does it) are in the wrong. Growing privacy disrespect will backfire on them soon enough.
I think this will be a good thing if it means there will be a little more cohesiveness between metro and the legacy desktop. It still feels like two different operating systems mashed together.
Hmm... it's interesting to watch. I know a friend who put almost his life savings into this, I told him it was crazy and I told him this would happen listing reasons. But he seemed sure it would climb...
Disgusted with finance, I helped to build cowbird.com
I worked in high-frequency trading for 2.5 years until I grew disgusted with it. I had worked on startups before, and knew that was where my passion was - to create rather than simply make money for rich people. I'll be on NPR's Marketplace program tonight reading a version of the cowbird story linked above.
Really great. I'd like to do all that locally though.
You mean they would profit more if the price would go *down? The way I understand it, you make money on a short when the price goes down because you can buy back the shares you shorted at a lower price.
No they didn't. They would have if they had dumped all their shares the first day, which they did not.

Zuck's net worth may have dropped 10% this morning (depending on how many shares he sold yesterday).
>and it still generates $4b p.a and climbing, imagine how good they would be if they actually figured this stuff out

Please also consider a counter case, what if $4b revenue i.e. roughly $4 per user per year, is the best you can have for such a product. And the potential for growth of no. of users is not high, then what?
TL;DR I actually made an account to reply to this

Hi, sister here. It's 8 AM and she's (^) currently sleeping soundly near me, but I'd thought I'd contribute my own 2 cents on the whole matter.

I'm Alice, and I've grown up with a partially deaf sister whose hearing has gotten progressively worse in the recent years. I've watched her listen to me with ease years ago to leaning over and struggling to what I have to say now today. I'm currently studying music and aspiring to be a composer, and what does scare me is the thought that my sister won't be able to listen to my music when the time comes. She's the one who's supported my endeavor the most.

And now that I think about it, I never really "feel" that she has this hard of hearing situation. It's never been that way to me, I just accepted her since I was young and we've both been raised normally together like everyone else except for those awfully boring visits to The Hearing Doctors in which I frittered waiting around whining what's for lunch.

My sister has been fortunate enough to have the opportunities to grow into the person she is now. Of course, that doesn't undermine her struggles at all, but I understand that everyone has a different experience even within a group of relatable topics. I'm glad that my sister's never been socially isolated or bullied, like another close friend that I have.

I'll call him C here. He's an online friend (real as any other friend) and I cherish him a lot. He's 21, partially deaf, and has had cochlear implants. His life experiences differ a lot from my sister's. He's faced much adversities. C's been bullied when he was younger, has gone through depression, been socially isolated (at one point homeless) but is making considerable progress today in his game design education and I believe he'll succeed on his own someday. There was a time I didn't understand why he was so self conscious about his voice. The first time I heard him, I realized his speech was slurred - especially with the 's' and 'l' if I remember correctly. Once I got past a certain threshold, it was fairly easy to understand him and I didn't pay too much attention to some pronounciation difficulties.

Although we've been slowly drifting apart and now we're busy immersed in our lives, I won't forget the stories that he's told me or the things he's taught me. OP, thank you for posting your story. You sound like someone's who been through a lot.

And also -- don't give up on romance. I forgot to mention that there was a point in time that I liked C (romantically!), and he knew that very well. What can I say? I was attracted to his wisdom and motivation to keep on going, no matter how tough things got. :)
Analytics on the cheap - how startups can do cohort analysis in Google Analytics
>You won’t miss the non-sense the veterans have long since accepted as the norm.

I couldn't help but think "Isn't this one of those things veterans accept as the norm? That you can only do this once, and, after that, your view is tainted forever?"

I refuse to accept this.
exactly - and that's assuming their profits keep growing.
yes it's this one, I bought one for him so he can read anywhere he wants to, this is a great book for his age.
this.$(selector) actually works? I usually use this.$el.find() which seems enormously inefficient...
Why are you here and not working? Just joking, sorry. Anyway, seriously, a lot of people seems not to understand this. A fresh mind might not last too many hours but produces better. This is something that a lot of people need to learn. And i am not just reffering to bosses. Also a lot of developers, like the author. Eventually we(developers) will learn but with bosses it's a bit harder...
I worked in high-frequency trading for 2.5 years until I grew disgusted with it. I had worked on startups before, and knew that was where my passion was - to create rather than simply make rich people richer. I'll be on NPR's Marketplace program tonight reading a version of the cowbird story linked above.
It really won't. Have you any idea how tiring waving your arms around like that would be all day?

There are so many use cases where it doesn't even work that would require a complete rethink of how anything is presented on in internet. For example how about the HN comments where it's pasted as code and it scrolls horizontally. Target that and scroll it with that system. As soon as you have a single use case where a mouse and keyboard is more effective you blow your value.
I would over-simplify this by saying true innovation is being killed by popular social media in general. The real reason for pointing to Facebook and similar sites is that, popular media focuses all its attention on these sites, and so, then, do investors. But why isn't extreme tech cool? Why can't groups like SpaceX get the same wave of investors and popular media support that an app like Twitter can get? In particular, I think project like SpaceX need to be better supported and more visible so the level of quality embedded in their processes is as high as possible.

"Give the people what they want" is fine, but what if they don't know what they want? What if, more than yet another way to splash pictures of their dog in a dress across the Internet, they really want to see experience their web browser in full immersion VR? Or fold their computer into the shape of a pocket map after their done teleconferencing with Tokyo? I love my LAMP as much as the next guy (though my P has been more R(uby) of late), but come on, simple isn't always better, and that goes for code as well as ideas.

That's my beef. Not with Facebook or Twitter specifically, but with the continued support of mundane ideas rather than ideas that will put us into other solar systems, or computing at the quantum level.
Morgan Stanley Has A Number Of Facebook Orders That 'Remain Unexecuted'
Non-blocking IO for Python, Node.js, Java, Scala, Erlang and Ruby
Here's my (illogical, emotional) reading of the article -- or shall i say, media piece:

The invisible theme of the article is that Facebook's stock is down today, about 12%; Facebook employees won't be able to cash in for at least 28 more days; It's a timed media piece with an invisible point that FB won't recover; and why should someone accept a slavery contract (Startup Employment) if they aren't going to be paid a king's ransom (>= what the ibankers are making)? Thus $FB kills silicon valley and makes wall street that much more attractive.

disclosure: I'm bullish $FB and bet it's likely to recover, although status in such uncertain climates only comes from short-term coups. So I may make 12% on my investment over a 28 day time frame, but at what cost? I look like a fool and am used like a tool in the media circus clown show. It's not worth it, but I'm not strong enough to bet otherwise.
You think this is bad? Wait until Apple bring out a new iPhone car charger or something...

Point is you can't duck the pop vox of the moment - just try and ignore it - it will go away in time.
How to Use the Computer and Barely Lift a Finger
Mobile webkit was blocked by an unclosable popup.. Anyone care to explain the site to me?
Wait, you watched the whole 86 minute interview in just 15 minutes...?
Cleaning Services Why to Choose One | Clean Your House Today
kind of a dick move by gruber. my thoughts on here

http://postwilliamsburg.com/2012/05/21/did-john-gruber-screw...
I like Gruber's writing and often chafe at some of the less-insightful things people have to say about him, but I agree 100% with Dan here. It would have been right for Gruber and him to properly cap off the show for the listeners. It would have been right to acknowledge that it really isn't the same show anymore. In addition, it would have been right for Gruber to say how great of a co-host Dan has been, because he has been.

But none of those things happened, and that is shitty. There's really no two ways about it.

This isn't about "I wasn't consulted". This is about respect for the audience and saying at least a few words to them, for crying out loud. It's about acting like they matter just a little. What exactly is The Talk Show, or any show, without listeners? This isn't taking a page out of the Apple PR book -- Apple actually does explain their reasoning for why they do things, when those things affect how people relate to what they make.
I use Chrome, but I really want(ed) FireFox to win this. I don't like helping Google gain another market, but FireFox ruined its browser with bad performance / memory leaks. FireFox left me no choice and I assume most web developers and technology peeps made a decision similar to mine.
That's true, to a point. If Google's stock price fell off a cliff tomorrow it would be all over the news and their customers (advertisers) might have some questions. But there are two things to keep in mind:

1) If their stock price fell off a cliff, there's got to be a reason. It could be basically anything, but it has to exist and be well-known (maybe Larry Page had a breakdown, shaved his head and tried to run down some reporters, whatever). The event that caused stockholders to sell (thus crashing the stock) probably would have been enough to cause Google's customers to ask questions, the stock price is then just incidental. It's a "chicken and egg" problem in some sense.

2) Stock price really doesn't have any impact on the everyday functioning of an otherwise-healthy company. Stock price is a reflection of the buying and selling happening on the stock market, so fluctuations in price can actually have nothing to do with the current health of the company in question. Maybe tomorrow a report comes out that indicates search-based advertising will start to decline next year and will be half what is today in 2020. This would likely lead to a decrease in Google's stock price. But it probably wouldn't lead to many companies dumping Adsense, at least not yet. A report about the future affects the stock price, but it doesn't necessarily affect the customers today.

Stock prices are abstract and largely disconnected from the actual company. So while a good CEO will pay attention to the stock price, it just isn't all that important for most (especially mature) companies. Building a healthy business is the important part.
With the (hollow) promise of riches, connections or whatever else appeals to the young programmer.
Not necessarily. Anyone who has had an app on the store knows that there are lots of reviews that are simply inaccurate. If unhappy users would contact the devs first, many "problems" can be easily solved.

For example, many people don't understand lots of apple's UI decisions that we take for granted. I had a user contact me and ask if our app did X. It does, I told him that, and he bought the app. Then I got an angry email saying it doesn't do that. (the thing was persisting data when "closing" the app with fast app switching.)

Well he thought all his apps were running constantly in the background draining battery so he force closed everything when he quit them. Obviously my app can't do the fast app switching persistant data if he force closes it. In no way does my app deserve an angry 1 star review when a simple email explanation can fix the problem.