skysight-inc/HackerNews huggingface dataset:
Actually, the premium is usually a multiple of the present value added by the combination of the two companies. Imagine two airlines with many different routes, but a bit of overlap. If they merged, some of those redundant routes could be eliminated, which would reduce the costs and probably increase utilization on the remaining routes, they may also be able to sell the redundant planes and terminal slots. This could potentially represent billions of dollars of value above the sum of the values of the two companies separately.

Think about how you would divide this premium between the target and the acquirer. It's actually pretty simple, imagine the next best possibility for the target. If there are many acquirers, the target should appropriate most of that value, hence, a high premium. If the next best alternative isn't as good, the acquirer should capture value. It follows logically that the optimal rational bid for a company is slightly more than the value added in their second best alternative (as an aside, this is really close to how IPO pricing works). Companies aren't necessarily rational though, so in competitive acquisitions companies frequently pay more than the actual value added. Empirically, acquirers in single-bidder acquisitions typically see price-appreciation of about 2% in event studies, whereas acquirers in multi-bidder acquisitions typically see price drops of about 1.33% in event studies. This indicates that acquirers in single-bidder acquisitions typically appropriate some of the added value, whereas in multi-bidder acquisitions, the target company captures all of the value added (plus some) by the acquisition.

A really interesting example of this was RJR Nabisco in the 80s. The idea was to separate RJ Reynolds, the tobacco company, and Nabisco, the food company. RJR was a cash machine, but they had a huge uncertain liability from tobacco lawsuits that was depressing the value of the entire company; the separated company was worth a lot more than the company was together. It was trading for about $55/share, then KKR structured a LBO to buy it and break it up, and paid $109/share (management initially bid $75/share for a takeover). In that case, there were many bidders, so the vast majority of the value was appropriated by the shareholders (in fact, KKR didn't generate a good return). [1]

In general, the market cap is the best indicator of the true value of a company in it's current configuration. That does not mean there is not some other configuration or combination where the company could be worth a lot more. It's worth mentioning that whenever the market price is incorrect, there is an arbitrage opportunity available to move the price to its true value. HFT is basically designed to capture these opportunities almost instantly, which is exactly what you would expect if markets are efficient.

1: I highly recommend the 1993 HBO movie Barbarians at the Gate, about this LBO.
I've taken to not bothering to free anything in batch tools if it's not super-obvious what to do. Objects with a simple life time (including memory owned by a stack-local object such as a std::vector, etc.) get freed; everything else just leaks. You'd think this would cause masses of problems, but it doesn't. It's easy to imagine data that would be too large, but it seems to be rarer in practice than you might think.

If the alternative is something like a handle-based or smart pointer system, then you'll reap the benefits in terms of ease of debugging on a daily basis.
Ecommerce in Minutes – SimpleCartjs
Hybrid Apps for Android and Google Glass with CSS3
I guess what makes me so skeptical about this is the magnitude of change in expectations that relatively minor news can bring. I would say that a rational person should not, for example, value Google or Facebook 20% less or more more because of a single quarter's performance. I feel like one of three things must be the case:

- A slight miss or hit of earnings expectations in a quarter
really can make a rational person change their valuation
of a company by 20%.
- The market is irrational.
- The spot price doesn't accurately represent the market.

It's harder for me to believe the first two than the last one.
I think that's a bit different. Checklists are reusable and shared. It's not a one-time todolist
I really don't know.

However tries to change the system, either becomes one of them or ends up being forced to leave with consequences from not playing with the rest of the gang.
Stanford University Hacked
> One seemingly unhelpful answer is that the only way a startup ever fails is by the founders giving up.

> But when you consider startups like AirBnB, who at one time were selling politician-themed breakfast cereal, maybe it is the simple truth. Never give up; never fail.

This is magical thinking.
The hours you work are largely irrelevant though. Your services are of high enough value to the customer to warrant charging per day. If you can provide the agreed upon service within 2 hours rather than 8, good for you. It doesn't matter to the client as long as they get what they pay for.

It of course depends on the work you do and so forth. If you are contracted by day for a job that require 8 hours of availability time, then you should probably work those 8 hours.
Your understanding of keys is about right. It is the OP article that your are not understanding.

You ask "so how can the NSA decrypt such a message?" That's what the article is telling you: Either by 1) getting the private key from the corporation you are communicating with, or by 2) cracking the cryptography.

Most people don't encrypt every email, they just use https to their email server. You say you're not sure about https, but that is the big vulnerability. So NSA just needs to ask your emailserver corp for their private key (to decrypt the packets, and then everyone can deny that the NSA obtained your email from the corp). This is case 1) above.

For people who encrypt the message end to end (as in your example "encrypt a message to someone I need to use that person's public key"), this is case 2). It is controversial whether the NSA can crack the best ciphers, which are postulated to be near-impossible to crack. But the NSA has resources we cannot imagine and/or secret resources we cannot even know about. When the first encryption schemes came out, they were strong in the day but were later brute forced by more power computers. So there are some who think the NSA can or will be able to crack the current crypto (that's what the OP is referring to when he says "the means to subvert widely used mechanisms"). As others have said, in targetted cases like this, it may be easier for the NSA just to plant a bug on the receiving computer, to read contents after it has been decrypted.

Now certs, which you have half wrong. Yes, certs give confidence that you have the correct public key. But certs are mostly used by companies (case 1 above) not individuals (case 2).

In case 2, peer-to-peer encryption, individuals rarely go to the expense of getting trusted certificates. You say "let's take this private", and you send him your public key, or he sends you his--no cert involved. Instead you both rely on publishing your public keys everywhere and all the time (at the bottom of every email, on their website, etc.). That provides some history for you to trust the key he sends you--and vice-versa. In other words, public keys MUST be displayed publicly before you want to use it to gain credibility.

Certificates are a way for companies to publish their public key with a credible certificate authority (CA). A certificate is essentially another public-private key pair that lets you determine that the CA really endorses the public key you are interested in. The credibility of the CA is determined by their record in the marketplace as to whether they endorse credible companies and whether they keep their master keys secure.

The original article really doens't address certs, except to say that if master keys can be deciphered, we cannot trust certs anymore. That's because a malicious party could create a cert that looked real but wasn't (this happened recently when somebody stole one of the master keys used by a CA--they were able to make fake certs).

My question to you is: if you misunderstood the article, why are you taking such strong positions in your other comments?
You couldn't create or delete orders for other people without them noticing, but frontrunning could maybe stay under the radar.
Oh, so that's what is required to fix things - yet another C-derived language?
Apple has always acted this way, they just haven't had this kind of leverage before. Really, this shouldn't surprise anyone who's familiar with their history. Apple has always been a top notch PR firm and ad agency, albeit they are their own (and only) client.
I never implied anything to do with quantum physics or "magic". I also never said it wasn't black or an absence of light. Both I and the GP comment are referring to how your brain fills in the gaps and causes you to think you see things that are not there. So no light reaches you eye, yes, and that is referred to as being "black". We're talking about what your brain would then cause you to perceive or "see". Now what is so complicated about that?
Yeah, you're right, but I'm stubborn. I won't move to where the work is - I have a family. I'm much much more productive if I'm actually interested in what the client is doing (... and that's hard to figure out) and I'm not particularly bothered about making top dollar - mid-dollar is OK by me.YMMV.
I'm testing http://launchlist.net/ right now. Looks solid
...crazy.
You have API to order new server on OVH but it's not delivery instant
I agree. I've spent the last 5 years porting a massive enterprise platform away from a VB6/COM/IE only into .net and cross browser.

Our entire clientbase is enterprise customers. We have people who have only just upgraded to XP and IE7 (bear in mind IE8 works on XP). The amount of shit you have to go through to get IE to behave is insane. There are so many subtle bugs even up to IE10 that consistently fuck with you over and over again.

Add to that, minor upgrades fuck up stuff left right and centre. These happen suddenly and throw you right in the shit with your clients who think you've suddenly broken everything.

I have 104 hours booked against IE issues in the last two years. This is NOT ACCEPTABLE.

My only salvation is I get to do a fair bit of stuff with Linux as its part of our new architecture.
If I were you I'd start with something from Themeforest or similar. 99.99% of your users will never know and it'll make your website look much more professional.
Since the first time I played with GraFORTH on my Apple II, the simple elegance of Forth made it one of my favorite programming languages and one I'd love to be able to use more.
That was my first note as well.. imho, they deserved to get hacked.
They are all using non-ECC. These are not Intel Xeon's.
Thanks, that was a very interesting blog post. I feel like the comments add a lot of balance to the discussion (especially Pascal's, which Steve also mention in the blog itself).

There's no doubt that lisp has its problems, because if not, it would be a lot more popular today than is the case. Do note however, that a lot has changed since Steve posted that blog entry, most notably is the rise of clojure, which offers solutions to a lot of the problems mentioned.
The Atom was made for the burgeoning market of low power, low performance, low priced netbooks. That was seen as the probable breakout market, though it was short-lived.

So Intel wanted a fairly power efficient chip, but they also wanted to ensure that it didn't cannibalize their own sales, so they intentionally crippled it from a performance perspective, not least by always building it on the last or second-last process. This is an aspect of the Atom that is missed by so many, sure that Intel was caught with their pants down by ARM: Intel's biggest fear wasn't ARM, but that their pricey high-end CPUs would get replaced by their low cost variants. They still fight with this paranoia to this day.

The Atom was neither inspired by the iPad (obviously given that it far preceded it) or even ARM. At best you could say Intel had some concern about Transmeta, leading to some of the early Atom work.

This isn't a minor error of "ordering". These were critical mistakes in your retelling of history.
Lexing is converting the source text into a token stream.

If lexing takes relatively smaller times for you, perhaps you have bottlenecks in the later passes?
The Data Economy Is Much, Much Bigger Than You (and the Government) Think
I only buy devices with unlockable bootloaders for this reason. The Nexus family is great for that, and my tf700 has cyanogenmod.
Vidyard (YC S11) launches Hootsuite Integration
As I see it, the pizza parlor is being accused by the former employees of sanitation issues that break the local health code ordinances.

The situation regarding the officer is unfortunate, but I fail to see where a real overreach occurred on her part (despite PopeHat's claim).

From the pizza parlor owner's POV, a former employee is harassing him online and having a negative impact to the business--especially if the claims by the former employee cannot be corroborated.
Speaking as a developer at Amazon.com, what contractors? I've never met any, and I only have heard of one who left a while ago.

Edit later: Developer contractors at least. I mean, sure, cleaning staff are contractors/temps.
Unlimited iPage hosting for $1 for a whole year. Lulz.
I haven't used the IE11 version yet (still on IE9 for work development), but IE9's are pretty solid. Perhaps I'm suffering from a sort of perverted Stockholm syndrome, but they work well for me. They're not without annoyances (like having to refresh once you enable debugging), but once you get past those it works as expected.

Chrome's are also very nice, but at the same time, often overblown for my needs. For what it's worth, I mainly debug minor performance issues (99.9% relating to abusing the DOM) and the odd bugs in our own software. So, while the GPU and heap profiling and whatnot are grand, for my job YAGNI at all.

And I'll probably get drawn & quartered for this, but Firebug just plain sucked the last time I tried to use it (a month or 2 ago). I can only guess that it's because it's still an add-on, and not native, but it just felt slow and clunky, and like it was all held together with bailing wire and duct tape (which, considering it's an add-on, might not be far from the truth). It's ironic because I was an early-adopter of Firebug back when it was first introduced, and it set the early standard of just how awesome in-browser debugging tools could be, but now I avoid it. I do have big hopes for Mozilla's remake of the native dev tools though, I feel it's been a long time coming.
The Anatomy of a Hack Team
Wish I'd been first to market. Protection racket with brand following? Yes please!
>> I make a point to take (hand written) notes on everything I work on.

I was not doing this intially thinking I dont have write down stuff if I understand it, Only to be completely lost and having to read and understand it all over again. Now I write everything down too.

I wish you all the best.
They can't easily get jobs that pay them well, the way most programmers in the West can. People really good at security in the US just get a job making a great salary.
It's worth noting that prior to the internet there was absolutely no way of creating intercept-proof communication. Whilst I don't want companies handing over the SSL keys any more than you do, we have only had truly secure communication protocols available to the public for the past 10 or so years of human history.
Skim or Sink
(I work for Swiftype.)

Search analytics are a really powerful way to find out what your customers want.

Another one of our customers, SupportBee, wrote a guest post for our blog about how they use Swiftype's analytics to influence their product development: https://swiftype.com/blog/swiftype-search-analytics-for-supp...

Our customers love the reports we provide - but we are just getting started.
Agreed. Public-key cryptography is fine. Entrusting third parties to protect your privacy is dying.

This is something I have been thinking about a lot lately. Users need to take more responsibility for guarding their own privacy. I think there are a lots of business opportunities here: easy to use tools that keep control entirely in Alice's and Bob's hands and public key cryptography is certainly part of the solution.
Zynga Abandons Real Money Gambling in US
Actually it's a problem I'm working on right now, but I have nothing to share yet. Some sort of restricted programming model is needed, in my current system effects must be reversible and commutative, the last one being a major restriction but workable for most programs (e.g. set add is typically commutative, list add is not but can be hacked, dictionary set to the same key is not but can restricted by set once semantics).
Raw hacking ability I believe is defined loosely by a very strict early mathmetical education.

I'm slavic but I was raised in Sweden, visits with family in the balkans always leave me surprised at the strict education children go through.

Of course, my only perspective is from small country villages, not cities.
But it is a very, very small subset. :-)
They needed a GUI language and decided to go for a C-derived imperative one? That's an option I guess. At least it's not Python.
Sounds like you'll be brain-dead afterwards.
In one organization where I was a manager, our HR policies limited the contractors we hired to 'two terms,' 36 months. If I wanted to keep that person on staff, I would have to wait 12 months before I could bring them back. The result: The really good people I WANTED on my staff could not keep any longer than three years.
Is your university public or private? Even if you cannot get accommodation from the university, you may want to speak with a lawyer for once you enter the workforce.
Their 64bit kernels can run a 32bit distro too. With multiarch you also get to cherry-pick packages of the other arch.
Anyone familiar w/ the CouchDB community, can you describe how well it's working? From afar it seems to be a bit rudder less, but I could be misinterpreting the situation.
Sweet, now I can buy my gyro and the NSA won't know my food preferences.

All joking aside, if Bitcoin transaction rates are lower for merchants than traditional credit cards, I wonder if merchants will charge less (like they used to when paying for things in cash), and whether the CC companies will try to enforce price parity as in the past.

Actually, more importantly, merchants can now keep payments off the books for tax purposes, right? Forget the 2.5% transaction fees, that's chump change compared to a 35% savings of corporate income tax. Whoa.
Orange County Register defies industry wisdom to stay alive – and prospers
I've always figured (at least for former soviet states) that it's a combination of:

+ a rigorous STEM curriculum

+ limited conventional job prospects

+ a social/business environment in which exploit-selling is a respectable profession
DetroitCoin: Bitcoin is theNew Vehicle Currency; make Detroit into a BitcoinHub
Yes, you are correct; part of what you are describing is also known as a control premium. Control premiums obviously exist, but they are likely to correlate to the market cap. For example, a buyer may be forced to pay a control premium of, let's say 20%, to get a public company's shareholders to agree to sell. So if the company has a $500 mm market cap, the buyer might end up paying $600 mm. But if the company later tanks and has a market cap of $250mm, a similar 20% premium, or $300mm offer, would likely still result in a sale, unless a majority of the shareholders believed that the shares were currently and unusually severely undervalued.

So I doubt that the price to buy the company would fluctuate much more slowly. And since market cap is an objective measurement, it's often easiest to just think of the market cap, and keep in mind that you will have to pay a control premium if you actually wished to acquire the company.
In the Universe of Printers, One Worth Talking About
Job Hopping For Geeks
Well we can have a Hurd Phone instead, if you go and finish it.
I hope they are secretly testing C#->LLVM->asm.js as well.
Lots of discussion last time https://news.ycombinator.com/item?id=5033498
The Networked Narrative
Yeah, I've thought of this.

But the site needs a user base first! And the world has problems to be solved!
Chuck Moore is the best sort of kook. I think a strong argument can be made that he is the apotheosis of the computer hacker -- working for a furniture company in Upstate NY? Time to write a round-robin scheduler for my own, personal computing environment!
No it isn't. These people weren't publishing white papers about the lack of security at Nasdaq and other companies, they were using their knowledge to steal money, and the costs were passed back to you, the (presumably) law-abiding customer/credit card user.

Suppose you went out and came home to find your window smashed and your most valuable possessions gone. Would you be happy to have received an unscheduled visit from a private security consultant who decided to pay himself a handsome fee in the form of your stuff? No, you'd call the police to report a burglary.

Just because these guys were using computers and you also use computers does not mean they're basically the same as you and would be your good friends if only those mean old suits would get out of the way and let you run everything.
That is indeed very handy, but I would argue that there's a difference between running a program in a debugger and running it normally.

With regards to the rest of your post: macros and data-as-code.

Have you read this http://www.paulgraham.com/diff.html ?
Can't just signup right away, they require:

Proof of ID:

ID card
Driving Licence
Passport

Proof of address:

Utility bill (Gas, electricity, phone)
Bank statement
Official correspondence
Zipped CSV? ;)
I'm well aware of that fact, and I am also aware of the fact that BayTrail Atoms are correcting this mistake. (Finally, 22nm Atoms for realz this time.)

I have admitted my mistake with an addendum, although I cannot edit my earlier post anymore. What more do you want?
It's amazing that intelligent people often accept material answers to immaterial questions like memory, consciousness and thought. As if those questions could ever be answered by natural sciences.
This post is about Ember, but in sure it's not much different: http://words.steveklabnik.com/emberjs-and-accessibility
There is a simple todo app example on the angularjs homepage. It's one of the first examples there.
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From the story, the author doesn't sound like a developer.