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  • Is there ever a reason to use C++ in a Mac-only application?

    - by Emil Eriksson
    Is there ever a reason to use C++ in a Mac-only application? I not talking about integrating external libraries which are C++, what I mean is using C++ because of any advantages in a particular application. While the UI code must be written in Obj-C, what about logic code? Because of the dynamic nature of Objective-C, C++ method calls tend to be ever so slightly faster but does this have any effect in any imaginable real life scenario? For example, would it make sense to use C++ over Objective-C for simulating large particle systems where some methods would need to be called over and over in short time? I can also see some cases where C++ has a more appropriate "feel". For example when doing graphics, it's nice to have vector and matrix types with appropriate operator overloads and methods. This, to me, seems like it would be a bit clunkier to implement in Objective-C. Also, Objective-C objects can never be treated plain old data structures in the same manner as C++ types since Objective-C objects always have an isa-pointer. Wouldn't it make sense to use C++ instead in something like this? Does anyone have a real life example of a situation where C++ was chosen for some parts of an application? Does Apple use any C++ except for the kernel? (I don't want to start a flame war here, both languages have their merits and I use both equally though in different applications.)

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  • How to explain pointers to a Java/VB programmer

    - by Skeith
    I am writing a game and my friend has offered to help me as it is a RPG and will take a long time to do the "scripting" bit of the game. The problem is IMO he's not that good a programmer :( (add flame war here). He has only programmed in Java and VB and keeps saying really stupid things to me like "Why don't you drag and drop an onClick event" to design my UI when I'm using DirectX. I tried explaining pointers to him but his response was, if it's just a variable that holds a memory address, why don't you just use an int? I create an instance of an attack class and give the creature a pointer to it so if several creatures use the same attack there is only one instance of it. He keeps saying why not put if statements in the creature class for every attack class and set true for the ones that are there. He has programmed mainly in VB and a little in Java just to learn OOP. How can I explain advanced C++ concepts like pointers and memory management to him? He just doesn't understand there are no super functions like form.show in C++.

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  • The Mystery of the Vanishing Disk Space

    - by Oddthinking
    My disk space is dwindling by about 2GB a day! I only have a few more days before I run out of space. $ df -h Filesystem Size Used Avail Use% Mounted on /dev/sda4 143G 126G 11G 93% / udev 491M 4.0K 491M 1% /dev tmpfs 200M 696K 199M 1% /run none 5.0M 0 5.0M 0% /run/lock none 499M 144K 499M 1% /run/shm /dev/sda2 1.9G 580M 1.2G 33% /tmp /dev/sda1 92M 29M 58M 33% /boot I have been searching for the biggest directories/log files, deleting and compressing. But I am still losing the war. Finally, I realised I have a big misunderstanding: julian@server1:~$ sudo du -h / | tail -n 1 16G / All of my files in / only add up to 16 GB. That leaves 110 GB unaccounted for! Clearly I have a misunderstanding: I thought the '/dev/sda4' line represented all the files visible from '/'. What should I be reading to understand where the other storage has gone? More details: I have an Ubuntu 11.10 server, that was set-up by data-center staff. It is running my own code (which is fairly prolific with log files, but otherwise doesn't store much stuff on the drive) duplicity for backups (which tends to store a lot of signature files) various other standard services, like Apache, nagios, etc. They are very lightly used. It has been up for about 4 months without a reboot. I lied about the du output (simplified it for effect). It also complained about not being able to access GVFS and the du processes's own resources. I believe they are irrelevant: . du: cannot access `/home/julian/.gvfs': Permission denied du: cannot access `/proc/10841/task/10841/fd/4': No such file or directory du: cannot access `/proc/10841/task/10841/fdinfo/4': No such file or directory du: cannot access `/proc/10841/fd/4': No such file or directory du: cannot access `/proc/10841/fdinfo/4': No such file or directory

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  • SUNsetting of legacy support apps to My Oracle Support

    - by chris.warticki
    Prepare for the upcoming retirement of Member Support Center, SunSolve and others.  December 10-12 will be the migration weekend to My Oracle Support.  The number one call to action to ensure continuous support is to register for My Oracle Support today.  There are still many opportunities to attend one of the remaining live sessions that the Customer Support Education team is leading.  Please join the discussion on the Support Training Community or Using My Oracle Support Community.   Register for any of the 80+ Global Sessions for Customers Welcome—SUN Customers and Partners Transition to My Oracle Support FAQ for Legacy Sun Customers   Escalation Instructions Network of Oracle Resources -Chris Warticki twittering @cwarticki Join one of the Twibes - http://twibes.com/MyOracleSupport or http://twibes.com/OracleSupport

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  • How *not* to handle a compensation step on failure in an SSIS package

    - by James Luetkehoelter
    Just stumbed across this where I'm working. Someone created a global error handler for a package that included this SQL step: DELETE FROM Table WHERE DateDiff(MI, ExportedDate, GetDate()) < 5 So if the package runs for longer than 5 minutes and fails, nothing gets cleaned up. Please people, don't do this... Share this post: email it! | bookmark it! | digg it! | reddit! | kick it! | live it!...(read more)

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  • See the Lord of the Rings Epic from the Perspective of Mordor [eBook]

    - by ETC
    Much like the wildly popular book “Wicked” mixed up the good/bad dichotomy in the Wizard of Oz, “The Last Ring-Bearer” shows us the Mordor’s take on the Lord of the Rings. The work of a Russian paleontologist, Kirill Yeskov, “The Last Ring-Bearer” frames the conflict in the Lord of the Rings from the perspective of the citizens of Mordor. Salon magazine offers this summary, as part of their larger review: In Yeskov’s retelling, the wizard Gandalf is a war-monger intent on crushing the scientific and technological initiative of Mordor and its southern allies because science “destroys the harmony of the world and dries up the souls of men!” He’s in cahoots with the elves, who aim to become “masters of the world,” and turn Middle-earth into a “bad copy” of their magical homeland across the sea. Barad-dur, also known as the Dark Tower and Sauron’s citadel, is, by contrast, described as “that amazing city of alchemists and poets, mechanics and astronomers, philosophers and physicians, the heart of the only civilization in Middle-earth to bet on rational knowledge and bravely pitch its barely adolescent technology against ancient magic.” Hit up the link below to grab a PDF of the official English translation of Yeskov’s work. The Last Ring-Bearer [via Salon] Latest Features How-To Geek ETC How To Make Hundreds of Complex Photo Edits in Seconds With Photoshop Actions How to Enable User-Specific Wireless Networks in Windows 7 How to Use Google Chrome as Your Default PDF Reader (the Easy Way) How To Remove People and Objects From Photographs In Photoshop Ask How-To Geek: How Can I Monitor My Bandwidth Usage? Internet Explorer 9 RC Now Available: Here’s the Most Interesting New Stuff Lucky Kid Gets Playable Angry Birds Cake [Video] See the Lord of the Rings Epic from the Perspective of Mordor [eBook] Smart Taskbar Is a Thumb Friendly Android Task Launcher Comix is an Awesome Comics Archive Viewer for Linux Get the MakeUseOf eBook Guide to Speeding Up Windows for Free Need Tech Support? Call the Star Wars Help Desk! [Video Classic]

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  • Uncheck Radio Button on Double Click

    - by Rajneesh Verma
    Hi, Recently I got one requirement that i have to uncheck radio button list when a user double click it (Try to uncheck). I did this using JAVA Script. Below is the code. Designer: 1: < head runat ="server" > 2: < title > :Radio Button List Demo: </ title > 3: < script language ="javascript" type ="text/javascript" > 1:   2: //Global variable to store selectedvalue 3: var lastchecked = "" ; 4:   5: function rblSelectedValue...(read more)

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  • Arrow ECS: VAD mit Weitblick

    - by A&C Redaktion
    Die Arrow ECS unterstützt Oracle Partner dabei, sich dauerhaft erfolgreich zu etablieren. Als Value Added Distributor, kurz VAD, für das Oracle Soft- und Hardware Portfolio bietet Arrow wertvolle Mehrwertdienstleistungen für Partner an, etwa in den Bereichen Consulting, Vertrieb und Produktmarketing. Der Vorteil: Die Partner können sich voll auf ihr Kerngeschäft konzentrieren. Wie die Zusammenarbeit genau funktioniert, erklären Martin Wilhelm, Manager Business Unit Enterprise Solutions, Herbert Varga vom Product Management und die Sales-Expertin für Oracle Produkte, Maria Keller, im Video. Arrow ECS steht für kompetente und zuverlässige Zusammenarbeit mit dem Partner und wurde bereits mehrfach zum Oracle Global Value Added Distributor des Jahres gekürt

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  • Arrow ECS: VAD mit Weitblick

    - by A&C Redaktion
    Die Arrow ECS unterstützt Oracle Partner dabei, sich dauerhaft erfolgreich zu etablieren. Als Value Added Distributor, kurz VAD, für das Oracle Soft- und Hardware Portfolio bietet Arrow wertvolle Mehrwertdienstleistungen für Partner an, etwa in den Bereichen Consulting, Vertrieb und Produktmarketing. Der Vorteil: Die Partner können sich voll auf ihr Kerngeschäft konzentrieren. Wie die Zusammenarbeit genau funktioniert, erklären Martin Wilhelm, Manager Business Unit Enterprise Solutions, Herbert Varga vom Product Management und die Sales-Expertin für Oracle Produkte, Maria Keller, im Video. Arrow ECS steht für kompetente und zuverlässige Zusammenarbeit mit dem Partner und wurde bereits mehrfach zum Oracle Global Value Added Distributor des Jahres gekürt

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  • Unable to locate package appmenu-gtk3

    - by dre
    Yesterday I upgraded my version of Ubuntu. In stead of Gnome I now have the Unity environment. I'm not sure I like Unity better, so I'll give it a probation period to see if it's any good. What I really do not like though, is the Global menu bar. After googling I found that I had to enter: sudo apt-get remove appmenu-gtk3 appmenu-gtk appmenu-qt If I do that I get the error message: E: Unable to locate package appmenu-gtk3 Can anyone tell me what I'm doing wrong here and explain how to fix this problem?

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  • Configure IPv6 on your Linux system (Ubuntu)

    After the presentation on IPv6 at the first event of the Emtel Knowledge Series and some recent discussion on social media networks with other geeks and Linux interested IT people here in Mauritius, I thought that I should give it a try (finally) and tweak my local network infrastructure. Honestly, I have been to busy with contractual project work and it never really occurred to me to set up IPv6 in my LAN. Well, the following paragraphs are going to shed some light on those aspects of modern computer and network technology. This is the first article in a series on IPv6 configuration: Configure IPv6 on your Linux system DHCPv6: Provide IPv6 information in your local network Enabling DNS for IPv6 infrastructure Accessing your web server via IPv6 Piece of advice: This is based on my findings on the internet while reading other people's helpful articles and going through a couple of man-pages on my local system. Let's embrace IPv6 The basic configuration on Linux is actually very simple as the kernel, operating system, and user-space programs support that protocol natively. If your system is ready to go for IP (aka: IPv4), then you are good to go for anything else. At least, I didn't have to install any additional packages on my system(s). We are going to assign a static IPv6 address to the system. Hence, we have to modify the definition of interfaces and check whether we have an inet6 entry specified. Open your favourite text editor and check the following entries (it should be at least similar to this): $ sudo nano /etc/network/interfaces auto eth0# IPv4 configurationiface eth0 inet static  address 192.168.1.2  network 192.168.1.0  netmask 255.255.255.0  broadcast 192.168.1.255# IPv6 configurationiface eth0 inet6 static  pre-up modprobe ipv6  address 2001:db8:bad:a55::2  netmask 64 Of course, you might have to adjust your interface device (eth0) or you might be interested to have multiple directives for additional devices (eth1, eth2, etc.). The auto instruction takes care that your device is enabled and configured during the booting phase. The use of the pre-up directive depends on your kernel configuration but in most scenarios this might be an optional line. Anyways, it doesn't hurt to have it enabled after all - just to be on the safe side. Next, either restart your network subsystem like so: $ sudo service networking restart Or you might prefer to do it manually with identical parameters, like so: $ sudo ifconfig eth0 inet6 add 2001:db8:bad:a55::2/64 In case that you're logged in remotely into your PC (ie. via ssh), it is highly advised to opt for the second choice and add the device manually. You can check your configuration afterwards with one of the following commands (depends on whether it is installed): $ sudo ifconfig eth0eth0      Link encap:Ethernet  HWaddr 00:21:5a:50:d7:94            inet addr:192.168.160.2  Bcast:192.168.160.255  Mask:255.255.255.0          inet6 addr: fe80::221:5aff:fe50:d794/64 Scope:Link          inet6 addr: 2001:db8:bad:a55::2/64 Scope:Global          UP BROADCAST RUNNING MULTICAST  MTU:1500  Metric:1 $ sudo ip -6 address show eth03: eth0: <BROADCAST,MULTICAST,UP,LOWER_UP> mtu 1500 qlen 1000    inet6 2001:db8:bad:a55::2/64 scope global        valid_lft forever preferred_lft forever    inet6 fe80::221:5aff:fe50:d794/64 scope link        valid_lft forever preferred_lft forever In both cases, it confirms that our network device has been assigned a valid IPv6 address. That's it in general for your setup on one system. But of course, you might be interested to enable more services for IPv6, especially if you're already running a couple of them in your IP network. More details are available on the official Ubuntu Wiki. Continue to configure your network to provide IPv6 address information automatically in your local infrastructure.

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  • Brazil Identity Customer Forum a Huge Success

    - by Tanu Sood
    As we continue to execute on the global Identity Management 11gR2 launch event series, if the success of the Brazil event is any indication, the London event coming up on October 24th will be a blowout! These events provide a unique opportunity to hear directly from and network with existing (and successful) Oracle Identity Manaagement customers, as well as connect directly with product & technology experts. The Identity Forum agenda includes presentation from product experts on the latest release of Oracle Identity Management, followed by live product demonstration and local customer presentations or panel discussions with both customers and implementation partners. The very successful launch event in Brazil concluded yesterday. Here are some pictures from the event. Want to be part of the identity Customer Forum? Then do connect with your local Oracle representative or let us know via this blog or @oracleidm. We hope to see you soon at an event near you.  

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  • Podcast Show Notes: The Role of the Cloud Architect

    - by Bob Rhubart
    Ron Batra James Baty If you want to understand what a cloud architect does, what better way than to talk to people in that role? In this program that’s exactly what we’ll do. Joining me for this conversation are cloud architects Ron Batra and Dr. James Baty. Ron is an Oracle ACE Director and product director for cloud computing at AT&T , and Jim is Vice President of Oracle’s Global Enterprise Architecture Program . This interview was recorded on June 12, 2012. The Conversation Listen to Part 1: How cloud computing is driving the supply-chaining of IT and the democratization of the activity of architecture. Listen to Part 2 (July 12): A discussion of DevOps, cloud computing, and the increasing velocity of IT. Listen to Part 3 (July 19): Why architects need to up their game to thrive and succeed in a cloud-driven world. Coming Soon A conversation about the International SOA, Cloud & Service Technology Symposium with a panel that features Thomas Erl and several Oracle community members who will be presenting at that event.

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  • Upgrading to Gnome 3.4 breaks Unity and gnome-shell

    - by mac
    I have upgraded my gnome shell to 3.4 in Ubuntu 11.10 through sudo add-apt-repository ppa:ricotz/testing sudo add-apt-repository ppa:gnome3-team/gnome3 sudo apt-get update && sudo apt-get dist-upgrade sudo apt-get install gnome-shell But it broke my system. Gnome shell is completely broken - When I login it just shows desktop wallpaper and nothing else. And importantly Unity is also broken. Attaching the screenshot Some main issues 1)Two menus are appearing now - Global menu as well as application menu 2)Icons on top-right panel are appearing weirdly 3)My Default Ambiance Theme also got screwed. Instead of black color menus, I am seeing white color menus. How do I fix them? Or Do I have an option to revert back to original settings or will reinstalling Unity/Gnome Shell helps ?

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  • BREAKING NEWS: Bunny Inc. becomes a Social Enterprise

    - by kellsey.ruppel(at)oracle.com
    Bunny what? Is your business adaptive, agile, innovative, productive… profitable? No? Wondering how to make it so?Social Enterprise is gaining ground as a global trend to accelerate business performance by better engaging employees, partners and customers.Starting with this post we are looking forward to stimulate an open conversation on the benefits, the stumbling blocks and the best practices of the Enterprise 2.0 journey… but with a bunny smile!Is Social Enterprise revolutionary or evolutionary? How does it impact traditional systems (such as ERP, CRM, BPM, Portals)? How do you measure it? How do you avoid major mistakes?We want to share our vision and to hear from you. Tell us what you did, what you are going to do and what you would never do with social and ... start looking for the invasion of the #e20bunnies at #webcenterJoin the discussion on LinkedIn! And follow the conversation on Twitter!Technorati Tags: UXP, collaboration, enterprise 2.0, modern user experience, oracle, portals, webcenter, e20bunnies

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  • BREAKING NEWS: Bunny Inc. becomes a Social Enterprise

    - by kellsey.ruppel(at)oracle.com
    Bunny what? Is your business adaptive, agile, innovative, productive… profitable? No? Wondering how to make it so?Social Enterprise is gaining ground as a global trend to accelerate business performance by better engaging employees, partners and customers.Starting with this post we are looking forward to stimulate an open conversation on the benefits, the stumbling blocks and the best practices of the Enterprise 2.0 journey… but with a bunny smile!Is Social Enterprise revolutionary or evolutionary? How does it impact traditional systems (such as ERP, CRM, BPM, Portals)? How do you measure it? How do you avoid major mistakes?We want to share our vision and to hear from you. Tell us what you did, what you are going to do and what you would never do with social and ... start looking for the invasion of the #e20bunnies at #webcenterJoin the discussion on LinkedIn! And follow the conversation on Twitter!

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  • BREAKING NEWS: Bunny Inc. becomes a Social Enterprise

    - by kellsey.ruppel(at)oracle.com
    Bunny what? Is your business adaptive, agile, innovative, productive… profitable? No? Wondering how to make it so?Social Enterprise is gaining ground as a global trend to accelerate business performance by better engaging employees, partners and customers.Starting with this post we are looking forward to stimulate an open conversation on the benefits, the stumbling blocks and the best practices of the Enterprise 2.0 journey… but with a bunny smile!Is Social Enterprise revolutionary or evolutionary? How does it impact traditional systems (such as ERP, CRM, BPM, Portals)? How do you measure it? How do you avoid major mistakes?We want to share our vision and to hear from you. Tell us what you did, what you are going to do and what you would never do with social and ... start looking for the invasion of the #e20bunnies at #webcenterJoin the discussion on LinkedIn! And follow the conversation on Twitter!

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  • SUN Customers and Partners, preview My Oracle Support

    - by chris.warticki
    Preview My Oracle Support - now! Take advantage of My Oracle Support before full migration. Oracle Global Customer Support invites you to preview some of the support platform's key capabilities. With the preview to My Oracle Support, Sun customers and partners can have immediate access to: My Oracle Support Community, with live advisor webcasts, active moderation by Oracle/Sun support engineers, user interaction, best practices presentations, and news and announcements Knowledgebase, with more than 900,000 articles, including more than 100,000 Sun Support articles and documents.   -Chris Warticki twittering @cwarticki Join one of the Twibes - http://twibes.com/MyOracleSupport or http://twibes.com/OracleSupport

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  • Oracle lanza una comunidad específica para hardware

    - by Eloy M. Rodríguez
    Para aquellos que aún no lo conozcan, quiero presentarles un grupo de interés creado por la compañía en Facebook con el nombre de Oracle Hardware Social Media Hub con el fin de ofrecer un lugar de reunión en la red en el que encontrar a miles de expertos, clientes, partners y reconocidos líderes de Oracle para debatir y descubrir lo último de Oracle. Allí encontrará una pionera aplicación de preguntas y respuestas denominada Pregunte al Experto de Oracle, en donde podrá formular preguntas, aportar comentarios e incluso ser premiado por sus aportaciones especializadas con el título de líderes reconocidos. En el Hardware Hub se podrá, entre otras cosas: Obtener contenidos exclusivos, solamente para los miembros Compartir sus conocimientos y experiencias con una comunidad global Comunicarse con expertos de Oracle en un entorno informal Descubrir métodos innovadores para optimizar el rendimiento de su hardware Acceder a contenidos en su idioma, incluyendo información de eventos, Webcasts, informes técnicos y mucho más.

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  • Discovering path through unknown territory

    - by TravisG
    Let's say all the AI knows about it's surroundings is a pixel-map that it has which clearly shows walkable terrain and obstacles. I want the AI to be able to traverse this terrain until it finds an exit point. There are some restrictions: There is always a way to the exit in the entire map that the AI walks around in, but there may be dead ends. The path to the exit is always pretty random, meaning that if you stand at crossroads, nothing indicates which direction would be the right one to go. It doesn't matter if the AI reaches a dead end, but it has to be able walk back out of it to a previously not inspected location and continue its search there. Initially, the AI starts out knowing only the starting area of the whole map. As it walks around, new points will be added to the pixel-map as the AI corresponding to the AIs range of sight (think of it like the AI is clearing the fog of war) The problem is in 2D space. All I have is the pixel map. There are no paths in the pixel map which are "too narrow". The AI fits through everything. It shouldn't be a brute force solution. E.g. it would be possible to simply find a path to each pixel in the pixel map that is yet undiscovered (with A*, for example), which will lead to the AI discovering new pixels. This could be repeated until the end is reached. The path doesn't have to be the shortest path (this is impossible without knowing the entire map beforehand), but when movements within the visible area are calculated, the shortest and from a human standpoint most logical path should be taken (e.g. if you can see a way out of your room into a hallway, you would obviously go there instead of exploring the corner of your current room). What kind of approaches to solve this problem are there?

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  • The PATRIOT Act and how it relates to the Internet

    The subject of the Internet and anonymity is a very sticky situation for me because I primarily develop web applications for a living.  As a part of my job I have to track users as they enter, navigate and leave specific applications. The level of tracking depends on where the user goes within a website.  The basic information that I capture includes the user’s IP address, browser type, operating system, the date/time they entered the site and the URL from which the user was referred to the website. In addition to the custom logging that is placed on the website, web servers also have methods of logging built-in as well. Web server logging allows companies to have a central repository to store all user activity across the entire server. Not to mention that they can also create a central repository that allows multiple servers to store log files in one location. This allows users to be tracked across multiple servers as they browse website located on a specific collection of servers that host multiple websites. All this being said there are methods to attempt to protect your privacy by using proxy servers and increasing your browser security levels, but that will only limit the amount of logging not eliminate it. I have to agree with Traynor when he states that the PATRIOT Act eviscerates the constitutional protections of anonymous communication on the Internet. Therefore, given the recent passage and implementation of the PATRIOT Act, the constitutional guarantees of the right to anonymity have been severely compromised. I think that the PATRIOT Act is a direct violation of our first amendment rights because it allows for the government to directly monitor any and all activity on the internet including communications, usage, and transactions that can occur.  This opens the door to scrutiny and persecution of individuals who are not in line with the government’s beliefs and actions. If England had this type of monitoring capabilities during the revolutionary war, I believe it would have been almost impossible to succeed from England.

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  • The Virtues and Challenges of Implementing Basel III: What Every CFO and CRO Needs To Know

    - by Jenna Danko
    The Basel Committee on Banking Supervision (BCBS) is a group tasked with providing thought-leadership to the global banking industry.  Over the years, the BCBS has released volumes of guidance in an effort to promote stability within the financial sector.  By effectively communicating best-practices, the Basel Committee has influenced financial regulations worldwide.  Basel regulations are intended to help banks: More easily absorb shocks due to various forms of financial-economic stress Improve risk management and governance Enhance regulatory reporting and transparency In June 2011, the BCBS released Basel III: A global regulatory framework for more resilient banks and banking systems.  This new set of regulations included many enhancements to previous rules and will have both short and long term impacts on the banking industry.  Some of the key features of Basel III include: A stronger capital base More stringent capital standards and higher capital requirements Introduction of capital buffers  Additional risk coverage Enhanced quantification of counterparty credit risk Credit valuation adjustments  Wrong  way risk  Asset Value Correlation Multiplier for large financial institutions Liquidity management and monitoring Introduction of leverage ratio Even more rigorous data requirements To implement these features banks need to embark on a journey replete with challenges. These can be categorized into three key areas: Data, Models and Compliance. Data Challenges Data quality - All standard dimensions of Data Quality (DQ) have to be demonstrated.  Manual approaches are now considered too cumbersome and automation has become the norm. Data lineage - Data lineage has to be documented and demonstrated.  The PPT / Excel approach to documentation is being replaced by metadata tools.  Data lineage has become dynamic due to a variety of factors, making static documentation out-dated quickly.  Data dictionaries - A strong and clean business glossary is needed with proper identification of business owners for the data.  Data integrity - A strong, scalable architecture with work flow tools helps demonstrate data integrity.  Manual touch points have to be minimized.   Data relevance/coverage - Data must be relevant to all portfolios and storage devices must allow for sufficient data retention.  Coverage of both on and off balance sheet exposures is critical.   Model Challenges Model development - Requires highly trained resources with both quantitative and subject matter expertise. Model validation - All Basel models need to be validated. This requires additional resources with skills that may not be readily available in the marketplace.  Model documentation - All models need to be adequately documented.  Creation of document templates and model development processes/procedures is key. Risk and finance integration - This integration is necessary for Basel as the Allowance for Loan and Lease Losses (ALLL) is calculated by Finance, yet Expected Loss (EL) is calculated by Risk Management – and they need to somehow be equal.  This is tricky at best from an implementation perspective.  Compliance Challenges Rules interpretation - Some Basel III requirements leave room for interpretation.  A misinterpretation of regulations can lead to delays in Basel compliance and undesired reprimands from supervisory authorities. Gap identification and remediation - Internal identification and remediation of gaps ensures smoother Basel compliance and audit processes.  However business lines are challenged by the competing priorities which arise from regulatory compliance and business as usual work.  Qualification readiness - Providing internal and external auditors with robust evidence of a thorough examination of the readiness to proceed to parallel run and Basel qualification  In light of new regulations like Basel III and local variations such as the Dodd Frank Act (DFA) and Comprehensive Capital Analysis and Review (CCAR) in the US, banks are now forced to ask themselves many difficult questions.  For example, executives must consider: How will Basel III play into their Risk Appetite? How will they create project plans for Basel III when they haven’t yet finished implementing Basel II? How will new regulations impact capital structure including profitability and capital distributions to shareholders? After all, new regulations often lead to diminished profitability as well as an assortment of implementation problems as we discussed earlier in this note.  However, by requiring banks to focus on premium growth, regulators increase the potential for long-term profitability and sustainability.  And a more stable banking system: Increases consumer confidence which in turn supports banking activity  Ensures that adequate funding is available for individuals and companies Puts regulators at ease, allowing bankers to focus on banking Stability is intended to bring long-term profitability to banks.  Therefore, it is important that every banking institution takes the steps necessary to properly manage, monitor and disclose its risks.  This can be done with the assistance and oversight of an independent regulatory authority.  A spectrum of banks exist today wherein some continue to debate and negotiate with regulators over the implementation of new requirements, while others are simply choosing to embrace them for the benefits I highlighted above. Do share with me how your institution is coping with and embracing these new regulations within your bank. Dr. Varun Agarwal is a Principal in the Banking Practice for Capgemini Financial Services.  He has over 19 years experience in areas that span from enterprise risk management, credit, market, and to country risk management; financial modeling and valuation; and international financial markets research and analyses.

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  • Facing problem with "gtk.RESPONSE_OK" in the simple-player quickly tutorial

    - by sumit_gt
    I am fairly new to both quickly and Python. I am facing several problems while learning to use quickly from the following tutorial on the Ubuntu developers site: http://developer.ubuntu.com/resources/app-developer-cookbook/multimedia/creating-a-simple-media-player/ The following error I'm unable to understand: Traceback (most recent call last): File "/home/sumit/Sumit/simple-player/simple_player/SimplePlayerWindow.py", line 36, in on_openbutton_clicked if response==gtk.RESPONSE_OK: NameError: global name 'gtk' is not defined I realize that I am supposed to import something, so I tried to add import gtk which it didn't work and it gave the following error: from gtk import _gtk /usr/lib/python2.7/dist-packages/gtk-2.0/gtk/__init__.py:40: Warning: g_type_get_qdata: assertion `node != NULL' failed from gtk import _gtk I have followed every step of the tutorials so far. But there is no mention of any other imports other that "prompts" and "os". Please help. Contribution of Agmenor, facing the same problem: I also tried to replace the text if response == gtk.RESPONSE_OK: by if response == Gtk.RESPONSE_OK: (notice the capital G). This gives another error: AttributeError: 'gi.repository.Gtk' object has no attribute 'RESPONSE_OK'

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  • What's Your Supply Chain+Manufacturing Strategy for Success

    - by [email protected]
    Forward thinking enterprises look to eliminate their dependence on legacy applications that manage information in batch - replacing them with real-time integrated/modern information managment. With rapid manufacturing and global supply chains much more complex today, with the pace of chance ever increasing, leading organizations need better ways to orchestrate their supply chain synchronization with their partner and customer base. EM magazine Mar/Apr'10 edition, covers this topic in an article "Strategising for Success" pgs 26-27, and discusses the available options to organizations as they drive improvements in the levels of collaboration with their partners, suppliers, shippers, distributors and ultimately their end-users, the customer! I'll past the link to the article here as soon as i validate/confirm it.

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  • The Information Driven Value Chain - Part 1

    - by Paul Homchick
    One hundred years ago, there were places on Earth that no man had ever seen.  Today, a man standing in one of those places can instantaneously communicate with someone who may be strolling down the street on his way to lunch half way around the globe.  Our world is shrinking and becoming virtual. It is a world of incredible bounty and speed where we can get a product delivered to us anywhere on earth within a day or two. However, this world is also one of challenge where volatility, uncertainty, risk and chaos are our daily companions. To prosper amid the realities of this new world, the enterprise needs a business model. Globalization and instant communications demand greater operational flexibility than ever before. Extended supply chains have elevated the management of risk to a central concern, and regulatory demands from multiple governments place an increasing burden of compliance on companies. Finally, the speed of today's business requires continuous innovation to keep from falling behind the global competition.

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