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$10 million a minute. That’s about how much the trading problem that set off turmoil on the stock market on Wednesday morning is already costing the trading firm. The Knight Capital Group announced on Thursday that it lost $440 million when it sold all the stocks it accidentally bought Wednesday morning because a computer glitch. The losses are threatening the stability of the firm, which is based in Jersey City. In its statement, Knight Capital said its capital base, the money it uses to conduct its business, had been “severely impacted” by the event and that it was “actively pursuing...

A day after spooking Wall Street with a massive trading glitch, Knight Capital Group (KCG: 6.94, -3.39, -32.82%) revealed a stunning $440 million pretax loss on Thursday tied to the incident, sending the embattled market maker’s shares plummeting another 58% and searching for an emergency loan from J.P. Morgan Chase (JPM: 36.00, 0.00, 0.00%). The turmoil has forced Knight Capital to reach out to J.P. Morgan for emergency financing aimed at shoring up the company’s depleted capital base, a source told FOX Business’s Charles Gasparino. Read more: http://www.foxbusiness.com/industries/2012/08/02/knight-capital-plummets-55-after-disclosing-huge-440m-pretax-loss/#ixzz22OhCrTQ8

I sincerely apologize for taking up so much time from fellow FReepers, but now my computer is acting up. I'm hoping I want have to have the thing wiped clean and Windows reinstalled, but I am not a tecchie and have no idea what to do. My problem is with one of those frequent and usually welcome security updates heralded by the little yellow shield with the exclamation mark. I got this earlier today and it told me three updates were ready to be installed. So I installed them. Problem: the little yellow shield comes back on every time I...

Firefox just ran an automatic update and now I'm getting the news articles listed with title only and below that is a few lines of comments from the comments section. Anyone have a fix for this?

Circulation cooling system hits another snag The newly installed reactor-cooling system at the Fukushima Daiichi nuclear power plant has suffered another problem, as its water treatment equipment has stopped. The system that decontaminates and re-uses radioactive water from the facilities is believed to be the key to the stable cooling of the reactors. But Tokyo Electric Power Company, or TEPCO, says the decontamination equipment stopped automatically on Thursday afternoon when the alarm went off. TEPCO says the problem turned out to be a malfunction of a gas exhaust on a French-made device that removes radioactive material from the water. The...

Pelosi Prediction Backfires? Glitches Arise in Health Lawby Shannon Bream | June 22, 2011 Back in March 2010, then-House Speaker Nancy Pelosi, D-Calif,, uttered the now-famous words, "We have to pass the bill so that you can find out what is in it, away from the fog of the controversy." Pelosi was talking about the health care law, and it appears she was right about the fact that it was full of unknowns. It turns out that, due to a glitch in the law, roughly three million middle-income Americans could wind up on Medicaid - which was designed to assist...

CBO, Pelosi unclear on Obamacare’s Medicaid glitch costsMatthew Boyle - The Daily Caller – Tue Jun 21, 8:12 pm ET As details about the new-found Obamacare glitch, that allows for more than 3 million middle-class Americans to qualify Medicaid surface, the Obama administration and key members of Congress are mum on several points. Was it intentional? According to the Associated Press, it was a negative result of a “well-meaning effort.” Obama administration officials and senior congressional Democrats, including House Minority Leader Nancy Pelosi haven’t answered this question, and Pelosi’s office hasn’t responded to requests from The Daily Caller seeking comment....

WASHINGTON (AP) -- A computer glitch corrupted the State Department's annual worldwide lottery for U.S. immigrant visas and the results will be scratched, the Obama administration said Friday, disappointing tens of thousands of would-be immigrants who were notified this year that they had won a chance to come and live legally in the United States. Nearly 15 million people had entered the 2012 lottery hoping to win one of 50,000 U.S. immigrant visas available under a wild-card program for people who otherwise would have little hope of getting a coveted U.S. visa.

FYI - Here are statements from Jim about the future of FreeRepublic.com for those who missed them. They are quite serious. === "Well, I can say that there are definitely two things that will never happen. 1) Banner ads. 2) Oracle [a completely new database system.] And a third is a total replacement [of the current damaged system.] Don’t have the financial wherewithal." "To those who wish to leave because of it, see ya." "If FR dies, that’s that."=== [To: paulycy] Hey, you want us to get an all new system with all new software and add a few more...

A problem that rendered as many as 10,000 U.S. military GPS receivers useless for days is a warning to safeguard a system that enemies would love to disrupt, a defense expert says. The Air Force has not said how many weapons, planes or other systems were affected or whether any were in use in Iraq or Afghanistan. But the problem, blamed on incompatible software, highlights the military's reliance on the Global Positioning System and the need to protect technology that has become essential for protecting troops, tracking vehicles and targeting weapons. "Everything that moves uses it," said John Pike, director...

One flip of a bit in the memory of an onboard computer appears to have caused the change in the science data pattern returning from Voyager 2, engineers at NASA's Jet Propulsion Laboratory said Monday, May 17. A value in a single memory location was changed from a 0 to a 1. On May 12, engineers received a full memory readout from the flight data system computer, which formats the data to send back to Earth. They isolated the one bit in the memory that had changed, and they recreated the effect on a computer at JPL. They found the...

Yesterday "someone" pushed a billion dollar total button causing the second largest loss in NYSE history. The faceless "someone" explanation is not going to work when so many of us lost a lot of money. Investors have a legal right to know who the specific individual is who did this and find out the cause. Accident is not going to work here. Unfortunately, the networks(including the ones we like)want to gloss over this disaster and talk about the Greeks. To Hell with the Greek economy, we have a paramount problem right here. Please no commentary concerning Macro economics 101 &...

Facebook Inc. scrambled to fix a software flaw that gave users' unintended access to their friends' private instant messages. The popular Internet hangout Wednesday temporarily shut down its instant-messaging function while it investigated the problem and patched its system. The Palo Alto, Calif., company said the bug was caused by an update to its software and was in effect "for a limited period of time," which a spokesman described as "hours." The spokesman said the company was still investigating how many users had chats exposed and believes the number is small.

Man blames penis iPhone gaffe on glitchWednesday, November 19, 2008   Yeah, I've been having real problems with it - somehow it has managed to obtain photos of my genitals A man who was caught by his wife sending pictures of his genitals to a lover via iPhone claimed it was caused by an Apple bug. The incident has become an internet sensation after the wife, named Susan, made a posting on Apple's discussion forum asking for technical support. She was trying to find out whether her husband had a genuine excuse, even though she had already caught him...

NEW YORK - Engineers at Google Inc. are working to resolve a problem on the company's Google News site that has resulted in some photos and news stories being mismatched. Searches conducted on Google News on Friday occasionally returned photos from Reuters Group PLC that didn't match the stories they were listed next to, such as a shot of bunches of vegetables that appeared alongside a story about a Japanese merger firm. Another story listed on Google News' top business stories had a Reuters photo of a guitarist next to a Wall Street Journal story about Sprint Nextel considering changes...

Had a funny thing happen on a spread sheet and was wondering if there was anyone else out there with the same problem.

(RTTNews) - CNBC Reports - Glitch around 2 PM caused Dow Jones to drop 200 points in short time...

Airbus solves A380 wiring glitch Singapore Airlines has agreed to buy 19 A380s Airbus has fixed electrical problems related to its A380 superjumbo, which have led to major delivery delays for the planemaker. The group said the news meant it had "passed a major milestone" for the plane's production. Deliveries to Singapore Airlines, its launch customer, were now on track to arrive in October, it said. Problems with the A380 have left Airbus two years behind with deliveries, hitting shares at parent company EADS. "We have finished the electrical installation," said Airbus spokesman Tore Prang. "We have handed the aircraft...

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Elections officials in several states are scrambling to understand and limit the risk from a "dangerous" security hole found in Diebold Election Systems Inc.'s ATM-like touch-screen voting machines. The hole is considered more worrisome than most security problems discovered on modern voting machines, such as weak encryption, easily pickable locks and use of the same, weak password nationwide. Armed with a little basic knowledge of Diebold voting systems and a standard component available at any computer store, someone with a minute or two of access to a Diebold touch screen could load virtually any software into the machine and disable...