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Deutsche Bank Switches Off Text Messaging (smh.com.au)
Deutsche Bank has banned text messages and communication apps such as WhatsApp on company-issued phones in an effort to improve compliance standards. From a report: The functionality will be switched off this quarter, chief regulatory officer Sylvie Matherat and chief operating officer Kim Hammonds told staff in a memo. Unlike emails, text messages can't be archived by the bank, said a person with knowledge of the matter who asked not to be identified discussing internal matters. "We fully understand that the deactivation will change your day-to-day work and we regret any inconvenience this may cause," Matherat and Hammonds said in the memo. "However, this step is necessary to ensure Deutsche Bank continues to comply with regulatory and legal requirements." The policy also applies to private phones used by employees for work purposes. Communication apps such as WhatsApp, Google Talk, iMessage are also prohibited, the memo said.
Too bad there wasn't a real time communication method where you didn't have to type and was secure - all you'd have to do is speak.
I'll think I'll write an app where you talk, it then produces text and then the receiver hears the text translated into sound and they can then hear it. I'll give it some cutsy catchy name like tell-La-fone!
I'll get funding from some Silicon Valley VC, and eventaully the valuation will become ONE HUNDRED BILLION DOLLARS and we'll go public and the stock will sell for hundreds of dollars a share even though we're burning through hundreds of millions of dollars in cash.
I'll do guest appearances on TV shows, make outlandish claims (I see tell-LA-fone booths on Mars!) and folks will call me an innovative GENIUS!
Yessiree! Making money the Silicon Valley way - legally scamming people.