davidmwilliams writes "Microsoft followed their major annual Tech-Ed event in Australia with a week-long programming contest called 'DevSta,' to find 'star developers.' While the quantity and quality of submissions suggest a poor turnout, it certainly caught the attention of at least two hackers who left their mark. Here is the low-down on the contest, what happened, by whom, and screen shots for posterity in case it's been fixed by the time you read this. And unless the volume of submissions increase dramatically within the next few hours, someone may be awarded an Xbox for doing nothing more than rewriting the Windows calculator as a .NET app."

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musatov writes "There's talk on The Minor Planet Mailing List about a small asteroid approaching Earth with a 99.8% probability of colliding. The entrance to the Earth's atmosphere will take place October 7 at 0246 UTC (2:35 after this story goes live) over northern Sudan, releasing the energy of about a kiloton of TNT. The asteroid is assumed to be 3-4 meters in size; it is expected to burn up completely in the atmosphere, causing no harm. As a powerful bolide, it may put on quite a show in the sky. For those advanced enough in astronomy to observe, check the MPEC 2008-T50 and MPEC 2008-T64 circulars. NASA's JPL Small Body Database has a 3D orbit view. The story has been already picked up by CNN and NASA."

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CurtMonash writes "As I predicted a week ago, it looks as if the third quarter was ugly for software vendors, due to the economic crisis. SAP said 'The market developments of the past several weeks have been dramatic and worrying to many businesses. These concerns triggered a very sudden and unexpected drop in business activity at the end of the quarter.' My old acquaintance John Treadway, who used to work in Sybase's financial services vertical unit, reports that things are even worse than that in the financial services industry, Wall Street and retail banks alike. So now what? Well, IT is a huge part of capital spending, and at enterprises that have to cut back capital spending, IT is going to get hurt. On the other hand, high-growth companies — Web businesses, analytic services providers, etc. — may try to power through the downturn. And the more directly an IT project affects near-term profits, the more likely it is to survive."

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