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The Lack of Scientific Philanthropy In Japan
ananyo writes "The University of Tokyo this week unveils the Japan's first institute named after a foreign donor: the Kavli Institute for the Physics and Mathematics of the Universe. The announcement adds Norwegian philanthropist Fred Kavli's name, along with a US$7.5-million endowment, to one of Japan's most successful institutes. The new center marks a turning point for Japan: to date, the country's universities and research institutes have long had to make do with few philanthropic donations. Strict laws governing university finances, and the lack of a philanthropic tradition, have discouraged the gifts that serve Western institutions so well. To get around the laws, instead of handing the endowment over to the institute, the Kavli Foundation will continue to manage the sum, giving the institute the return on the funds."Read more of this story at Slashdot. 
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TomTom Satnavs To Set Insurance Prices
nk497 writes "TomTom has signed a deal with an insurance firm that will see its satnavs used to monitor drivers. Fair Pay Insurance, part of Motaquote, will use monitoring systems built into the TomTom PRO 3100 to watch for sharp braking and badly managed turns, rewarding 'good' drivers with lower premiums and warning less skilled motorists when they aren't driving as they should. 'We've dispensed with generalization's and said to our customers, if you believe you're a good driver, we'll believe you and we'll even give you the benefit up front,' said Nigel Lombard of Fair Pay Insurance."Read more of this story at Slashdot. 
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EPIC Sues FTC Over Google's Planned Privacy Changes
angry tapir writes "The Electronic Privacy Information Center has filed a lawsuit against the U.S. Federal Trade Commission, asking a court to force the agency to take action against Google over planned changes in the company's collection of personal data. EPIC, in briefs filed Wednesday, asked the U.S. District Court for the District of Columbia to require the FTC to enforce a 2011 privacy agreement between the agency and Google over the company's fumbled rollout of its Buzz social networking service."Read more of this story at Slashdot. 
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What Scorpions Have To Teach Aircraft Designers
First time accepted submitter elloGov writes "The north African desert scorpion, Androctonus australis, is a hardy creature. Most animals that live in deserts dig burrows to protect themselves from the sand-laden wind. Not Androctonus, it usually toughs things out at the surface. Yet when the sand whips by at speeds that would strip paint away from steel, the scorpion is able to scurry off without apparent damage thanks to the unique structure of its carapace. Dr Han Zhiwu of Jilin University and colleagues have found that surface irregularities based on the scorpion's exoskeleton could substantially minimize atmospheric dust damage to aircraft."Read more of this story at Slashdot. 
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The Science Fiction Effect
Harperdog writes "Laura Kahn has a lovely essay about the history of science fiction, and how science fiction can help explain concepts that are otherwise difficult for many...or perhaps, don't hold their interest. Interesting that Frankenstein is arguably the first time that science fiction appears. From Frankenstein to Jurassic Park, authors have been writing about 'mad scientists' messing around with life. Science fiction can be a powerful tool to influence society's views — one scientists should embrace."Read more of this story at Slashdot. 
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The Zuckerberg Tax
Hugh Pickens writes "David S. Miller writes that when Facebook goes public later this year, Mark Zuckerberg plans to exercise stock options worth $5 billion of the $28 billion that his ownership stake will be worth and since the $5 billion he will receive will be treated as salary, Zuckerberg will have a tax bill of more than $2 billion making him, quite possibly, the largest taxpayer in history. But how much income tax will Zuckerberg pay on the rest of his stock that he won't immediately sell? Nothing, nada, zilch. He can simply use his stock as collateral to borrow against his tremendous wealth and avoid all tax. That's what Lawrence J. Ellison, the chief executive of Oracle, did, reportedly borrowing more than a billion dollars against his Oracle shares to buy one of the most expensive yachts in the world. Or consider the case of Steven P. Jobs who never sold a single share of Apple after he rejoined the company in 1997, and therefore never paying a penny of tax on the over $2 billion of Apple stock he held at his death. Now Jobs' widow can sell those shares without paying any income tax on the appreciation before his death — only on the increase in value from the time of his death to the time of the sale — because our tax system is based on the concept of "realization." Individuals are not taxed until they actually sell property and realize their gains and the solution to the problem is called mark-to-market taxation. According to Miller, mark-to-market would only affect individuals who were undeniably, extraordinarily rich, only publicly traded stock would be marked to market, and a mark-to-market system of taxation on the top one-tenth of 1 percent would raise hundreds of billions of dollars of new revenue over the next 10 years."Read more of this story at Slashdot. 
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Jedi Master's Hand-Made Lightsaber Stolen
First time accepted submitter psiogen writes "Flynn Michael, an instructor at New York Jedi, an organization that teaches 'practical knowledge of how to use a lightsaber, left his custom-crafted blade for only a few imperial minutes, but when he returned, it was gone. Fromthe article:'“Who steals somebody’s lightsaber? It’s like stealing someone’s toy out of the sandbox,” said Michael, the founder of New York Jedi, a stage combat performance group. “I finally got my uber custom saber, and then some jerk walks out with it."'"Read more of this story at Slashdot. 
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US Air Force Buys iPads To Replace Flight Bags
redletterdave writes "Following the precedent set by commercial airliners, the U.S. Air Force plans to buy up to 18,000 iPads for its Air Mobility Command (AMC), replacing heavy flight bags with light and efficient Apple iPad 2s for the crews that fly cargo aircraft. The devices will reportedly be used by the crews on the C-5 Galaxy and C-17 Globemaster aircraft. There are several benefits to using electronic flight bags instead of physical versions. For one, the iPad can instantly update charts electronically, while the AMC would require flying charts get reprinted every 28 days to stay up-to-date. By cutting publication printing and distribution costs, and exchanging 70 pounds of paper for a 1.3-pound iPad, the Air Force can save some serious cash, including more than $1.2 million worth of fuel per year."Read more of this story at Slashdot. 
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Selling Used MP3s Found Legal In America
bs0d3 writes "After some litigation; ReDigi, a site where people can sell used MP3's has been found legal in America. One of the key decisions the judge had to make was whether MP3's were material objects or not. 'Material objects' are not subject to the distribution right stipulated in "17 USC 106(3)" which protects the sale of intellectual property copies. If MP3's are material objects than the resale of them is guaranteed legal under the first sale' exception in 17 USC 109. Capitol Records tried to argue that they were material objects under one law and not under the other. Today the judge has sided with the first-sale doctrine, which means he is seeing these as material objects."Read more of this story at Slashdot. 
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If You're Fat, Broke, and Smoking, Blame Language
First time accepted submitter derekmead writes "A Yale researcher says that culture differences how much money we save, how well we take care of ourselves, and other behavior indicative of taking the long view, are all based on language. His study argues that the way a language's syntax refers to the future (PDF) affects how its speakers perceive the future. For example, English and Greek make strong distinctions between the present and the future, while German doesn't, while English and Greek speakers are statistically poorer and in worse health than Germans. (The study includes a broader swath of languages/nationalities, but that's a start.)"Read more of this story at Slashdot. 
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