By Unknown Lamer from Slashdot's congress-blames-lazy-workers department
Hugh Pickens DOT Com writes "Time Magazine reports that according to an estimate from Standard & Poor's, the government shutdown, which ended with a deal late Wednesday night after 16 days, took $24 billion out of the U.S. economy and reduced projected fourth-quarter GDP growth from 3 percent to 2.4 percent. The breakdown includes about $3.1 billion in lost government services, $152 million per day in lost travel spending, $76 million per day lost because of National Parks being shut down, and $217 million per day in lost federal and contractor wages in the Washington D.C. metropolitan area alone. Hundreds of thousands of federal workers bore the economic brunt of the shutdown but small businesses also suffered from frozen government contracts and stalled business loans. With the deal only guaranteeing government funding through January 15, the situation could grow worse. 'This is a real corrosion on the economy,' says Mark Zandi, chief economist for Moody's Analytics. 'If we have to go down a similar road in the near future, the costs are going to continue to add up.'"Read Replies (0)
By Unknown Lamer from Slashdot's later-found-with-knees-broken department
hypnosec writes "The MPAA and Gary Fung, owner of IsoHunt.com, have settled their case out of court, with the torrent indexing site closing as part of the deal. The judge presiding over the MPAA vs. IsoHunt.com case, Jacqueline Chooljian, canceled the hearing which was planned after she was informed that both the parties have settled outside court. 'The website isoHunt.com today agreed to halt all operations worldwide in connection with a settlement of the major movie studios' landmark copyright lawsuit against the site and its operator Gary Fung' reads the press release."
Only a few days after the MPAA was accosted by the judge
for seeking damages several times the total worth of isoHunt: "But if you strip him of all his assets — and you’re suggesting that a much lesser number of copyright infringements would accomplish that, where is the deterrence by telling the world that you took someone’s resources away because of illegal conduct entirely or 50 times over?" Still, the settlement seems unfair: The MPAA has asked the court for $110 million
, when the MPAA itself admitted that isoHunt only has $5 or $6 million.Read Replies (0)
By timothy from Slashdot's when-it-rains-it-pours department
llebeel writes "Canonical announced its free Ubuntu 13.10 Linux operating system (OS) release, on the same day as Microsoft's remedial Windows 8.1 service pack update. We speak to Canonical founder and Ubuntu creator Mark Shuttleworth who tells us what to expect."
Adds reader jrepin: "Kubuntu Linux 13.10 has just been released and is available for download. It comes with KDE Software Compilation 4.11, a new application for discovering and installing software, a simpler way to manage your system users. and a new Network Manager applet gives a simpler UI for connecting to a range of network types. You can now setup Wifi networking from the installer making it easier to install updates and extra packages during the install."
ZDNet has a fairly tepid review
of the incremental rather than startling improvements of the new release, and notes "Ubuntu 14.04 LTS, due for release on 17 April next year, will now perhaps come as even more of a shock if its promised big changes are fully realised."Read Replies (0)
US Government Shutdown Ends
Posted by News Fetcher on October 16 '13 at 09:00 PM
By Soulskill from Slashdot's nobody-surprised,-everybody-irritated department
An anonymous reader writes "After more than two weeks of bickering that made the schoolyard appear civilized, Congress has finally passed a bill to reopen the U.S. Federal Government. 'The Senate passed the measure by a vote of 81 - 18, followed by approval in the House by a vote of 285 - 144. The bill now goes to the President, who will make remarks on Thursday regarding the reopening of the federal government. ... Earlier in the day, Speaker Boehner conceded that the House would not vote to stop the Senate-negotiated agreement. In a statement, the Speaker said that, after a fight with President Obama over his signature health care law, " . . . blocking the bipartisan agreement reached today by the members of the Senate will not be a tactic for us." The agreement will raise the debt limit until February 2014, fund the government through January 2014 and establish a joint House-Senate committee to make spending cut decisions.' CNN adds, 'Obama, for one, didn't seem in the mood Wednesday night for more of the same -- saying politicians in Washington have to "get out of the habit of governing by crisis." "Hopefully, next time, it will not be in the 11th hour," Obama told reporters, calling for both parties to work together on a budget, immigration reform and other issues. When asked as he left the podium whether he believed America would be going through all this political turmoil again in a few months, the President didn't waste words. "No."'"Read Replies (0)