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Major market indices fell almost 10% this afternoon before recovering half of that value. Some blame the failing Greek economy and the related loss of confidence in the Eurozone. But a lot of attention is being paid to the role of automated trading systems. Accenture's stock, for example, dropped from $41 to one penny in two minutes and then recovered just as quickly. Will this trigger a loss of confidence in automated trading?
posted by spitefulcrow on May 6, 2010 - 162 comments

Thousands of students, faculty, and staff have walked out today in protest of the University of California's budget cuts. [more inside]
posted by spitefulcrow on Sep 24, 2009 - 56 comments

"But after five months, something clicked. The monkeys picked out red and green, again and again." UW researchers use gene therapy to give squirrel monkeys trichromatic vision. “Not only might we be able to cure disease, but we might engineer eyes with remarkable capabilities. You can imagine conferring enhanced night vision in normal eyes, or engineering genes that make photopigments with spectral properties for whatever you want your eye to see.”
posted by spitefulcrow on Sep 16, 2009 - 72 comments