Slashdot Mirror
Domain: cnnfn.com
Stories and comments across the archive that link to cnnfn.com.
Comments · 65
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Stock prices:
In light of his decision:
Shares of AOL Time Warner (AOL: Research, Estimates), the parent of CNN/Money, rose 4 percent in European trading Monday. -
Stock prices:
In light of his decision:
Shares of AOL Time Warner (AOL: Research, Estimates), the parent of CNN/Money, rose 4 percent in European trading Monday. -
Stock prices:
In light of his decision:
Shares of AOL Time Warner (AOL: Research, Estimates), the parent of CNN/Money, rose 4 percent in European trading Monday. -
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CNNfn - Pentago as well ?
I got through to the CNN articles by going through cnnfn.com - according to CNN the Pentagon has also been hit by a plane today, and the White House has been evacuated. Bush is currently in Florida but is supposed to return to DC today.
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Re:ScaryDo they know something we don't?
Yep, they sure do. They have access to information before it goes public, and while they can't talk about it, they sure can do something about it. If you're wondering what that information is, just take a look at CNNfn.com to get an idea...
On another front though, it does sound like he was pushed. If he "stepped down", that first step is a doozy. Hope he had a golden parachute.
On yet another front - CTO's, CFO's, CEO's, CIO's and all the rest of the acronymati leave all the time.
- Why should we care?
( Acronymati - You heard it here first.. watch for it on your buzzword bingo cards soon!)
Main Entry: acronymati
Pronunciation: a-kr&-'ni-mä-tE
Function: noun plural
Etymology: First coined by ldopa1 on http://www.slashdot.org. An amalgamation of the two words "Acronym" and "Illuminati".
Date: 2001
1 capitalized : any of various groups claiming special professional enlightenment
2 : persons who are or who claim to be unusually promoted
3 : persons who are bolstered in their employment by complex employment agreements guaranteeing an obscene payscale -
VA Linux next?
With VA Linux stock going from 138 to 8 in a year, is Andover (sorry, OSDN) next? Will Slashdot survive the popping of the Linux market bubble?
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Re:Yes he can.
This CNN story says it's AT&T. I think the law was enacted in 1976, well after the Standard Oil case.
*shrug* not that it really matters anyway
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To clear the things
No one can talk here about victories. CNN has a nice full story as usual.
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Re:More Info on WiredFrom the CNN article:
>Seven appeals judges for the District of Columbia announced they would hear the case, while three other judges recused themselves.
Doesn't that mean that only seven of the ten judges will hear the case? That would seem to disagree with the Wired article. Or will all ten judges hear it, but only seven said the appeals court would accept the case?
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The blurb is a little misleadingAccording to the CNN story, there is still a chance that the case will go directly to the Supreme Court.
Getting the appeals court to hear the case allows MS to request a stay, keeping it from being broken up until the appeal is resolved.
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What does this mean?
So does this mean that the appeals court will be getting the case first or is it still to be decided whether it will go direct to the Supreme Court? My impression from the CNN story is that it's still to be decided.
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Additional Information...
This story on CNNFN has some interesting information in addition to the stories mentioned in the article...
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It's not really open source, people.The popular media has grown fond of saying that the court has "opened the source" to the Windows operating system. That's not really the case. Windows isn't going to be GPLed (or BSDed, or YAOSLed) any time soon. What the document requires Microsoft to do (see section 3b of the decision) is to:
...create a secure facility where qualified representatives of OEMs, ISVs, and IHVs shall be permitted to study, interrorgate, and interact with relevant and necessary portions of the source code and any related documentation...
That's a far cry from downloading GNU Win9x to your dorm room. With all that said, you have to remember that there's a real control issue at stake here for Microsoft. The poster of the original question is on the right track when he suggests that "Not publishing the source code simply gives Microsoft a chance to leverage their monopoly on the market," but perhaps not in the way that he meant. Microsoft isn't worreid about all these people sending in representatives, grabbing copies of the operating system, then releasing them to the world, and if they are... well, they probably shouldn't be. Precisely because they're protected by copyright.I suspect that MS is scared for three reasons:
- Microsoft isn't going to have the same advantage over other applications vendors that they once did.
- Microsoft actually will have to show the world its dirty laundry, which - if the source code is as ugly as rumors suggest - could be pretty embarassing.
- If Microsoft doesn't comply "in a Timely Manner" with updates, or obfuscates, or is even perceived as doing such, all those ISVs are going to raise a hue and cry. Which brings further investigation by the government. Which is pretty scary to them right now.
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CNN Article
Along the same lines, here is the CNN article on the subject... With a little of the recent stock action at the end.
Its good seeing a pro-mp3 news item compared to things like "napster looses shirt" and whatever.
-invictus
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#!/usr/bin/perl -sp0777iX+d*lMLa^*lN%0]dsXx++lMlN/dsM0j]dsj
$/=unpack('H*',$_);$_=`echo 16dio\U$k"SK$/SM$n\EsN0p[lN*1 -
This won't last long at allThis probably won't be moderated up since the original post has been up all day, but here goes anyway.
1. IANAL, but my interpretation of the final ruling leads me to believe that requiring a user to bend over backwards to fix their Windows installation is covered is against the ruling. Microsoft is being punished for limiting consumer choice, and not providing a real installation disc limits us in pretty much the same way as disallowing OEMs to offer other OSes.
2. Remember DIVX? You know, Circuit City's attempt at video rental domination? Ler me refresh: DIVX discs could only be played on the player they were purchased/rented for. The disc wouldn't play after the rental period expired. You could purchase the disc (and watch it forever if you wanted to), but you could only play it on the machine you purchased it for. Sounds much like what's going on with Office 2K, doesn't it? DIVX took a while to die off, but it did, and I'm confident the same thing will happen with this practice.
People don't like it when you restrict what they can and cannot do with something they spent their hard-earned money on, and I've a feeling that most people will vote with their checkbooks on this one.
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CNET stock needed this..
Perfect time to buy CNET stock.. right now their trading at 33, 46 points below their 52 week high. This patent is the kind of thing that gets a modest amount of publicity, which should be enough to give it a good push.
CNET quote
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Oliver Sosinsky -
News: CNN reports MS says it's not moving
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In addition
Also from www.cnn.com: Transmeta gets a big order -- http://cnnfn.com/2000/05/30/technology/gateway/
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Re:Insanity
Why the hell are Microsoft allowed to suggest penalties or restrictions?
<disclaimer>
IANAL
</disclaimer>That's because breaking up Microsoft isn't being suggested as a punitive measure: it's being suggested as a remedy.
Defendants that are found guilty of crimes in criminal proceedings are always expected to argue for leniency when they're being punished. But the situation here isn't even really punishment, which is why the government keeps using the terms "structural remedy," as opposed to "punitive measures."
That's also why Microsoft could argue that breaking up the company wouldn't make sense in the face of things like the AOL/Time Warner deal. Essentially, they were saying that the IT industry obviously wasn't in need of any help, because there were plenty of superpowers already being formed which have a reach at least equal to MS'.
Incidentally: while I believe that Microsoft was clearly as guilty as charged, and that remedies are clearly needed, I'm not entirely sure how comfortable I am with the idea of them being broken up. Further, I'm seriously worried that the AOL/TW merger is going to make MS' transgressions look like a bully in a schoolyard sandbox. Klein has already warned to expect many more of these suits in the future, and even Orrin Hatch is saying that he has misgivings about the merger. Especially now that the FCC is saying that Time Warner acted illegally during its recent spat with ABC.
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Re:Insanity
Why the hell are Microsoft allowed to suggest penalties or restrictions?
<disclaimer>
IANAL
</disclaimer>That's because breaking up Microsoft isn't being suggested as a punitive measure: it's being suggested as a remedy.
Defendants that are found guilty of crimes in criminal proceedings are always expected to argue for leniency when they're being punished. But the situation here isn't even really punishment, which is why the government keeps using the terms "structural remedy," as opposed to "punitive measures."
That's also why Microsoft could argue that breaking up the company wouldn't make sense in the face of things like the AOL/Time Warner deal. Essentially, they were saying that the IT industry obviously wasn't in need of any help, because there were plenty of superpowers already being formed which have a reach at least equal to MS'.
Incidentally: while I believe that Microsoft was clearly as guilty as charged, and that remedies are clearly needed, I'm not entirely sure how comfortable I am with the idea of them being broken up. Further, I'm seriously worried that the AOL/TW merger is going to make MS' transgressions look like a bully in a schoolyard sandbox. Klein has already warned to expect many more of these suits in the future, and even Orrin Hatch is saying that he has misgivings about the merger. Especially now that the FCC is saying that Time Warner acted illegally during its recent spat with ABC.
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Changing markets, proposed solutions...Contemporary technology has, without a doubt, challenged historic ideas of how the economy works. Computing in particular is not only changing commerce, but revolutionizing access to markets by individual market investors, thus changing the markets themselves.
I think this is the crux (or one of the crux-es) of the matter: the market itself is being changed by the expanded access to it. Sounds like Schiller's book is something of a Jeremiad about how the market is being "ruined" by this emotional approach. In a way, I guess it is. I think untrained traders (read: e*trade clients) do use more emotion than reason in picking stocks. How else do startups gain 700% on opening day?
The thing is, this is nothing new. Companies always push their image not only to gain new customers, but also to woo investors and push up their initial valuation. The SEC "quiet period" is designed to combat this, but it still happens. So, what can we do about the stock market turning into a giant horsetrack? well...
[Schiller] pleads for the expansion of the number and variety of securities and markets for them, to allow people to protect themselves against major economic risks. He favors new "macro-markets"...
And the cool thing is, this is already happening. The German and British stock exchanges have already announced that they're merging. And also partnering with NASDAQ to form a 24-hour "world market". That last one sounds especially intriguing, although I don't know that it'll prevent the phenomenon that Schiller is talking about. There would be no "after the bell" anymore when you could announce profits, for one thing
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The evil deed is doneThe fsckers in the US Department of Injustice did it.
FREE BILL GATES!!
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Poll @ cnnfn
CNNFN is running poll on the Microsoft breakup proposal. Seems that a few microserfs have been voting.
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Re:What are Gates & Ballmer thinking?
CNN also covered this story.It seems like Gates & Ballmer care a lot more what the investment community think than about pissing off the DOJ and judge in the trial. Investors who just listen to Micro~6 rhetoric are happy to believe whatever looks best for MSFT. Based on the CNNFN poll asking about the remedies, the investors sure seem to be listening to Micro~6. Maybe some Slashdot Effect can show that other viewpoints are prevalent?
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Microsoft splitup pollYou might want to vote in the relevant poll that CNNfn has set up.
As of this writing, there are 2419 responses, and the results are:
- Should Microsoft be split?
Yes: 28.48%
No: 67.96%
- Is Microsoft stock a "buy"?
Yes: 68.06%
No: 18.12%
- Given advancements in the software industry over the last two years, is the government's case against Microsoft still relevant?
Yes: 29.94%
No: 63.67%
I think though that the poll is a little bit pre-fabricated (incidentally or intentionally) for a certain outcome. If you look at the answer buttons on the poll page, you'll see that the answers (Yes, No and Not Sure) are ordered differently on the different questions. It just happens that if you always choose the first answer, it will be "No", "Yes" and "No", indeed a very Microsoft-supportive poll answer.
- Should Microsoft be split?
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Microsoft splitup pollYou might want to vote in the relevant poll that CNNfn has set up.
As of this writing, there are 2419 responses, and the results are:
- Should Microsoft be split?
Yes: 28.48%
No: 67.96%
- Is Microsoft stock a "buy"?
Yes: 68.06%
No: 18.12%
- Given advancements in the software industry over the last two years, is the government's case against Microsoft still relevant?
Yes: 29.94%
No: 63.67%
I think though that the poll is a little bit pre-fabricated (incidentally or intentionally) for a certain outcome. If you look at the answer buttons on the poll page, you'll see that the answers (Yes, No and Not Sure) are ordered differently on the different questions. It just happens that if you always choose the first answer, it will be "No", "Yes" and "No", indeed a very Microsoft-supportive poll answer.
- Should Microsoft be split?
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Misguided lawsuit
Unfortunately, the way this trial has been presented to the public, it's all about that "poor" Netscape thingie.
While Microsoft's arm-twisting conduct was (partially) exposed, IMHO the gov't said nothing about the most important aspect of Microsoft's monopoly - API (both hidden and open).
Does anybody remember the time when Win95 just came out? Almost everybody was using Lotus 1-2-3. But 1-2-3 couldn't handle that great "software innovation" of Win95 - long filenames! The next release came too late for 1-2-3.
IMNSHO splitting Microsoft in the sense of putting the Office developers on equal footing with the rest of the industry is The Good Thing.
By the way, CNNfn is conducting a poll today on whether Microsoft should be broken up. As of now, about 2/3 of the votes are against. *wink* *wink* -
... and free SlimFast and free Haagen-Daas, too!
Ha! Yeah, ben and jerry's, er, I mean Unilever, Inc is one helluva socially responsible company! And they've got a robust business plan which will be able to resist a hostile takeover until at least April of this year!
hee hee...
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Re:Effectively, Micro$oft will not be punished...The ruling already punished Microsoft by $80 billion of market capitalization. Gates himself lost $11 billion according to this CNNfn article from yesterdays topic.
I sure wouldn't want to lose $80 billion. That would kind of suck.
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BTW, Mattel is getting rid of Learning Co.By the way, have you people noticed the news yesterday (CNNfn story here)? Mattel is planning to sell it's software company, Learning Co., which is the maker of Cyber Patrol. Learning Co. made $300 million loss last year, and I wouldn't be surprised if one of the factors leading to the decision to sell the company would be the bad reputation Mattel is getting from it, and all the trouble with legal hassle.
I tried to submit the story but it got rejected, I guess there's been too much Mattel pounding already
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Other sourcesIn case someone thinks this is a joke, here are some other stories on it...
Maybe it is a April fools joke, but if it is everyone is taken.
Clearly, this is a very bad thing for Microsoft as a company (who knows about the stockholders.) The decision will be released and can be used in other Microsoft trials. Settlement was really in their best interest.
--Karl
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Follow-on lawsuits could hurt more
Short of a breakup [and that possibility seems remote at this point, given the government's language lately], the worst thing that could happen to Microsoft is for Judge Jackson to hand down a verdict that Microsoft violated anti trust laws (which is going further than the "finding of fact" he released last year).
Regardless of the relative size of any fines or other restrictions on Microsoft's business practices, such a ruling would open Microsoft to enormous amounts of follow-on litigation. Litigation means legal bills, and while MSFT may have the dough to beat ANYone in court, they certainly don't have the resources to beat EVERYone... That's mentioned toward the end of this CNNfn story. -
more links
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Re:One question......yet still sells stock at any price they want to name?
Amazon.com's stock price is down 43% off its 52-week high of 9DEC1999. Could this be because they're not profitable yet and people are getting tired of waiting?
-matty
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Re:Don't you get it?Amazon.com (AMZN) announced today that it has been awarded a patent for increasing stock prices through negative profits. At the heart of the patent is a scientific formula which states that the stock value is larger when the P/E ratio is zero, "Vs=1/Pe (where Pe=0)", when connected to the internet.
Upon notification of being awarded the patent Amazon.com filed lawsuits against other internet companies infringing on the patent.
Said company spokesperson Chip Schott, "We feel that patents are nessessary to encourage innovation by awarding creative genius. Amazon.com has lead the way in stockholder satisfaction and we have earned it. We feel that generating high stock value through negative earnings is not at all obvious, unlike our other patents. Other companies should not allowed to steal this scientific method from us without properly licensing it."
Ebay, one of the defendants named in the lawsuits, announced that they would investigate the profitability of making profits should the court decide in Amazon.com's favor.
Amazom.com stock rose $5 following the announcement.
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the author needs to understand something alsoHe talks about how Linux should watch out because that "next great thing" is lurking around the corner, unseen. Pointing at the failures of DEC and Lotus is not a good comparison.
The key point that this guy is missing (and alot of these critics do) - is that Linux is not a commercial product.
Sure there are companies and commercial products build around it. But Linux itself doesn't go there. Redhat's stock price could go through the floor[*] but Linux will still be there. And as that next "new thing" catches on, the Linux developers tend to mold Linux into whatever people are asking for.
Anyhow, this author's little seed of doubt is misplaced IMO. Whether Linux is in the limelight, or obscure, doesn't matter to alot of us. It wasn't written FOR corporations - these corporations right now, just happen to like what it has turned into.
Best regards,
SEAL
*It's already going that way. Damn I should've sold right after the split.
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Andover sale
Quite frankly I was surprised that I read about this hours ago on CNNfn before any notice ever appeared here. I even submitted a story to get it reported here.
The critical question remains - does the editorial control agreement that Rob and Jeff have with Andover transfer intact to VA? -
Business as usual
Come on, the whole DeCSS brouhaha is business as usual in the US business world. Of course it's familiar. It sounds a lot like the tactics of any large corporation that feels threatened. I'm not saying their tactics are proper, or that they should be litigating in this case (they probably shouldn't), but the discussions on
My guess is that wider and deeper equity investment through mutual funds has made executives beholden to a small group of elite fund managers. Perform or deliver! Protect your assets! That's what they are hearing and if they don't listen, they're more likely than ever to be out on their ears. Look what happened at Coca Cola recently - Ivester wasn't seen as protecting the mark and now he's on his way out (although, granted, Warren Buffet rather than a fund manager was probably the one behind his resignation). If execs at the media conglomerates start dropping off the twig, execs at DVDCCA will probably follow. These guys are covering their asses and running scared as much as anything else.
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Re:New Coke
Would that be the look of 6,000 Coca Cola employees newly laid off?
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News that won't get posted
If you really want news that matters (but which doesn't specifically implicate nerds) then you'll have to step out of slashdot for a moment.
Florida's new legislation denying death-row inmates due process is being challenged, and Texas is (again) slated to execute a paranoid schizophrenic (Larry Keith Robison) this friday.
The US trade deficit just hit 26.5 billion dollars.
Civil war is still raging in Burundi. Pregnant Burundian refugees in neighboring Tanzania are especially feeling the pinch.
But if you'd rather only busy yourself with tech news, you can always play with stories like National Sorbents, Inc. Introduces DRY N' LOCK Product for the Mortuary Service Industry ("a proprietary new product that dramatically reduces the leakage of body fluids and embalming chemicals from cadavers"). Just think of all the fun you can have with that one! -
AOL and Time-warner have merged!!!
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CNNfn article on Workplace Monitoring
CNNfn is carrying this article on just where to draw the line in setting workplace policies on monitoring communications of employees.
The SAS Institute is used an example. -
Re:*MS*NBCHas anyone else noticed how MSNBC gets to Microsoft stories first?
I first noticed the story via my CNNfn Slashbox (the MS-phobic can, at least temporarily, peruse CNN's 12:10 Redmond-time take here -- there's no time stamp on the MSNBC.com story, but surely they had no "world exclusive"). While I'd love to put MSNBC in the conspiracy-theory in-box, I'm pretty sure this story (actually a Waggener Edstrom press release) reached every organization at roughly the same time.
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Objective reporting!
I thought this was pretty funny. I found the results of the MSNBC and CNN polls on the DoJ case.... Heh.
The CNN poll: vot e or just the results
The MSNBC poll: click here to give MS some advertising dollars and see their poll for yourself, or take my word for it (results as of a yesterday):
Who should prevail in the Microsoft case?
* 23036 responses
The government. Microsoft has abused its market power.
24%
Microsoft. The government is trying to block innovation.
63%
Split the difference. Each side can win certain points.
11%
I can't figure out who's right.
2%
How's that for objective reporting? -
Objective reporting!
I thought this was pretty funny. I found the results of the MSNBC and CNN polls on the DoJ case.... Heh.
The CNN poll: vot e or just the results
The MSNBC poll: click here to give MS some advertising dollars and see their poll for yourself, or take my word for it (results as of a yesterday):
Who should prevail in the Microsoft case?
* 23036 responses
The government. Microsoft has abused its market power.
24%
Microsoft. The government is trying to block innovation.
63%
Split the difference. Each side can win certain points.
11%
I can't figure out who's right.
2%
How's that for objective reporting? -
Re:Quotes and quotes
You missed one stock quote: Be is up almost 100% as of the time I posted this.
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CNN Poll - tell em what you think
CNN Poll about the ruling. Jump in and make your vote! I normally hate those cnn polls, but this one is absolutely worth clicking thru!
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Presumptuous CNN/GovtFrom the article:
"The Justice Department and the 19 states involved in the case then will determine what legal remedies Jackson should enact."
CNN (or the Govt, by what is reported) is presumptuous enough to think that this finding of fact is a verdict! Have they forgotten how IBM was found to be not in anti-trust even after they were adjudged a monopoly?We all know Microsoft is a monopoly (just look at the percentages). No surprise in Jackson acknowledging this fact. The deeper question is, to be considered in anti-trust, has Microsoft leveraged this monopoly in markets other than the OS?
Yeah, they are likely to be found guilty as charged, but it is not over till the fat lady sings.
Sreeram.