Judge Nixes, Lowers Oracle's $1.3B Award Against SAP
itwbennett writes "Federal judge Phyllis Hamilton has overturned the $1.3 billion judgment Oracle won against SAP and has approved SAP's request that Oracle accept a lower award, which would negate the need for a new trial." Oracle is in the habit of asking for awards in the billions; with that model, they really can make it up on volume.
After all, it certainly isn't on selling products!
"People who do stupid things with hazardous materials often die." -- Jim Davidson on alt.folklore.urban
...and they've clearly carried the practice over to lawsuits...
Don't think of it as a flame---it's more like an argument that does 3d6 fire damage
I should think Oracle would be happy to take that and have case closed. Somehow I doubt actual damages were that high...
For those wondering...
When companies throw around billions of dollars on mere whims, that to me is proof that our financial model is obsolete. These corporations wield far too much power and influence and should be broken up.
Does the fact that Oracle is a 40 billion dollar company result in better products ? No. Ask any Oracle admin.
All it does it give them the power to bully everyone else around until there is nothing left. They gobbled up Sun. They chugged MySQL. They bought John Ashcroft (not that this was any challenge). To outsiders, Oracle is an example of everything that's wrong with America. They take and take, and they never give back.
-Billco, Fnarg.com
"Rather than providing evidence of SAP's actual use of the copyrighted works, and objectively verifiable number of customers lost as a result, Oracle presented evidence of the purported value of the intellectual property as a whole, elicited self-serving testimony from its executives regarding the price they claim they would have demanded in an admittedly fictional negotiation, and proffered the speculative opinion of its damages expert, which was based on little more than guesses about the parties' expectations."
This comment from the judge is fascinating considering every software company out there pegs their piracy losses at face value rather than pointing to evidence of lost sales.
These lawsuits look good to the shareholders. They short circuit their critical thinking skills in very much the same way gambling does. Indeed these lawsuits are just that, corporate gambling with potentially massive payouts.
Two of my imaginary friends reproduced once
SAP. It's much cheaper to hire an assassin than to pay 1.3 billion to an extortionist (and it's never the right policy to pay the Dane-Geld). I think extortion is never right and above certain level any response becomes justified. People dealt with extortionists very harshly when they could over the history of human race. I don't see many people crying over Oracle's CEO should something nasty happen to him.
You can't handle the truth.
it's off topic but yea there is currently a lot of loss
http://www.internetpulse.net/
'...if only "Jumping to a Conclusion" was an event in the Olympics.'
You got Whooshed.
Selling products is old and busted. Making money off IP Lawsuits over square pieces of plastic is where it's at.
My first Journal Entry ever, in 8 years! http://slashdot.org/journal/365947/aphelion-scifi-fantasy-horror-poetry-webzine