Israel’s Iron Dome Is a Failure – Just Like Their Foreign Policy

Israel Iron Dome made of glass?
Israel Iron Dome More Like Reichstag Berlin Glass Dome

Israel’s vaunted Iron Dome defense system is more like an iron sieve. It fails to destroy all but a few of the rockets that Hamas and other Palestinian militant groups fire at Israeli communities. But Israel’s early-warning civil-defense systems have proved highly effective.

The radar-guided Iron Dome missile, meant to intercept and smash incoming rockets in the seconds before they strike their targets, works just a small fraction of the time, according to a detailed analysis carried out by scientists at the Massachusetts Institute of Technology.

Read the whole story here.

Amazon Unlimited Offers Netflix-style Programming

Amazon has a new all-you-can-eat ebook service called "Unlimited"
Buffet-style books by Amazon Unlimited

NEW YORK — Amazon is rolling out a new subscription service that will allow unlimited access to thousands of electronic books and audiobooks for $9.99 a month in the online giant’s latest effort to attract more users.

The largest U.S. e-commerce site said Friday that the Kindle Unlimited service will give users the ability to read as much as they want from more than 600,000 Kindle titles such as “The Hunger Games” and “Diary of a Wimpy Kid.” They can also listen as much as they like to thousands of Audible audiobooks, including “Water for Elephants.”

Read the whole story here.

Why Amazon’s Local Marketplace Will Be a Consumer Win

Amazon will begin offering local services next year
Amazon local services. Yelp killer?

Retail giant Amazon’s rumored move into local services could have a massive impact on consumers if the Seattle-based firm successfully taps its vast trove of information.

Citing people familiar with the matter, Reuters reports that Amazon is planning to launch a marketplace for local services later this year. This would pit the online retailer against the likes of Yelp, Angie’s List and specialist review sites such as HomeAdvisor.com.

Read more about Amazon’s local marketplace.

New Bugs Found in SSL Software that Caused Heartbleed Vulnerability

man-65049_1280

Security researchers have uncovered new bugs in the Web encryption software that caused the pernicious “Heartbleed” Internet threat that surfaced in April. 

Experts said the newly discovered vulnerabilities in OpenSSL, which could allow hackers to spy on communications, do not appear to be as serious a threat as “Heartbleed.”

Read more about Heartbleed here.

Alibaba Preps Employees for $40 Billion Windfall

Alibaba IPO will make many employees millions
Is this another tech bubble?

(Reuters) – As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counselling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.

While some staffers have enquired if premium brand BMW sells cars in Alibaba’s corporate orange, others may invest windfall stock gains in property in North America or channel funds back into start-up ventures in China, hoping to build future Alibabas, bankers and financial planners say.

This could be signify the bursting of yet another tech bubble.

Get the whole taco here.