First time accepted submitter TheGift73 writes “I have to admit, when I first read about this I thought it was a hoax, but unfortunately it’s true. The UK government is considering placing surface-to-air missiles on residential buildings in London for the duration of the London Olympics. From the article: ‘he Ministry of Defence is considering placing surface-to-air missiles on residential flats during the Olympics.
An east London estate, where 700 people live, has received leaflets saying a “Higher Velocity Missile system” could be placed on a water tower.
A spokesman said the MoD had not yet decided whether to deploy ground based air defence systems during the event.’”
Read more of this story at Slashdot.
With all the chatter about Billion dollar valuations — like Instagram, Evernote, Splunk — combined with recent S1 filings and IPOs, the topic of tech company valuation is coming to the forefront of people’s minds. Specifically related to the software industry, the growing number of SaaS IPO candidates of late is signaling an important shift in the way that enterprise software is built and sold. It also indicates that the subscription business model is here to stay. What does this shift towards a subscription economy means for startups, investors and the IPO landscape?









And Now for Something Completely Different
This is the story of how a young Irish fine artist accidentally became a materials scientist, founding a high-growth company that created a whole new product category. It’s also a parable for how great entrepreneurs systematically create their own luck.
Almost every technological and medical innovation in the world has its roots in a scientific paper. Science drives much of the world’s innovation. The faster science moves, the faster the world moves.
Corner any up-and-coming Kevin Systrom wanna-be and have a heart-to-heart about the challenges of building a successful company and at some point you’ll likely wander into the territory of bemoaning how tough it is to hire people with technical skills. At a party recently a startup founder told me “If you could find me five great engineers in the next 90 days I’d pay you $ 400,000.” Which is crazy talk.
Earlier today Google released the 

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