Markets down, online lingerie sales up

There’s a silver lining in every cloud.

Froggybank.co.uk, an online shopping network of 180 websites, said it had analysed the spending habits of its half a million members for the past three months, only to discover that underwear sales, far from being pulled down by the economic crisis had risen two per cent. Or, in other words, when people think “credit crunch”, they think “pants!”

More on the Chinese backdoor in Skype

From Technology Review

Skype has previously acknowledged that its Chinese partner, TOM Online, blocks chat messages containing certain politically sensitive keywords. The new findings, however, reveal a level of surveillance that goes far beyond this.

Nart Villeneuve, a research fellow at the Citizen Lab at the University of Toronto’s Munk Centre for International Studies, uncovered the surveillance scheme by examining the behavior of the TOM-Skype client application. He used an application called Wireshark, which analyzes traffic sent over a computer network, to see what happens when different words are sent via chat using the software. Villeneuve discovered that an encrypted message was automatically sent by the client over the Internet when some words were entered. Following this encrypted packet across the Net, Villeneuve uncovered a directory of files on an open Web server. Not only was the directory publicly accessible, but the data within it could be unlocked using a password found in the same folder. Within these files were more than a million chat messages dating from August and September 2008.

Villeneuve used machine translation to convert the files he found from Chinese into English, and he analyzed the contents to determine likely trigger words. The list he came up with includes obscenities and politically sensitive words and phrases such as “Falun Gong,” “democracy,” and “Tibet.” But Villeneuve also found evidence that completely innocuous messages–one, for example, contained nothing more than a smiley face–were logged. This suggests that certain users were targeted for monitoring, he says.

$5,000 for your genome

From Technology Review

Starting next spring, a complete human-genome sequence can be ordered for just $5,000, thanks to a new sequencing service announced by Complete Genomics, a startup based in Mountain View, CA. The stunning price drop–sequencing currently costs approximately 20 times that amount–could completely change the way that human-genomics research is done and open up new possibilities in personalized medicine. Researchers say that a $5,000 genome would enable new studies to identify rare genetic variants linked to common diseases, and it could open up the sequencing market to diagnostic and pharmaceutical companies, making genome sequencing a routine part of clinical drug testing.

Complete Genomics, which has received $46 million in venture funding to date and has largely stayed under the radar, plans to launch with a bang and anticipates the capacity to sequence 1,000 genomes in 2009 and 20,000 in 2010. That would represent a massive jump: with a price tag of $100,000 to $1 million over the past two years, only a handful of human genomes have been sequenced to date.

Apart from anything else, this is an illustration of what Moore’s Law can do.