Entries with tag computer software.

AOL Kills Venerable Winamp Software

AOL announced it will shut down the Winamp media player on 20 December, after 15 years of operation. “It's the end of Music 1.0,” said venture capitalist Josh Felser, founder of the Spinner music and entertainment website, which AOL acquired at the same time it bought Winamp. “Such a bummer.” AOL has declined to comment on why it is shutting down Winamp. Justin Frankel and Dmitry Boldyrev created the media player and launched it in 1997. AOL acquired Winamp in 1999. Some former Winamp employees say they’re not surprised about the media player’s demise. “There's no reason that Winamp couldn’t be in the position that iTunes is in today if not for a few layers of mismanagement by AOL that started immediately upon acquisition,” Rob Lord, Winamp’s first general manager, told the Ars Technica technology news website in 2012. AOL did not respond to requests for comment. (Ars Technica)(Mashable)(PC Mag)(WinAmp)

UK Company Creates Low-Latency Trading System

Argon Design, a UK-based technology firm, announced it has created a high performance trading system able to significantly reduce latency. This design, which mixes improvements in hardware and software, is based on a field-programmable-gate-array with hardware level access to eight of the system’s 24, 10 Gb Ethernet ports, which allows trades to be executed directly by the FPGA. The system also uses two other data switching techniques to further reduce latency. Argon Design says that in testing the system using a market simulator, trading latency was reduced from 4,600 ns to 176 ns. The reduction of latency is critical in trading stocks or commodities because it determines the time in which a trade can be executed electronically. Millions of dollars can be made or lost accumulatively in an hour based on timing. (SlashDot)(Low Latency)(Argon Design)

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