Report: SEC to fine Nortel over accounting fraud
,----[ Quote ]
| U.S. securities regulators are planning to fine Nortel Networks up
| to $100 million for accounting fraud, Bloomberg reported on its
| Web site Friday.
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http://news.zdnet.com/2100-1035_22-6189861.html
Only mentioned because of their vicious behaviour (see below), which better
resembles Microsoft's. Have a look at Microsoft's site:
http:// www.microsoft.com /freedomtoinnovate/newsletter/finnews_060707.aspx
At the top it says in big fonts:
MICROSOFT SAYS OPEN SOURCE INFRINGES ON PATENTS
A fornight ago:
Nortel Strong Arms Open Source Vendor
,----[ Quote ]
| What happens when a VoIP blog (yours truly) writes about the fact
| that a former Nortel subsidiary (Blade Network Technologies) went
| looking for a new phone system, chose an open-source Asterisk-based
| solution from Fonality instead of using Nortel's own PBX and then
| agreed to go on record on the VoIP & Gadgets blog about why they made
| such a shocking decision?
|
| A) Nothing - it's a VoIP blog - who cares? Nortel is an $11 billion
| dollar company that certainly doesn't read blogs for their news.
| B) Nortel reads the blog post, is a little peeved, but other than
| some emails sent internally, no one outside Nortel would ever know
| they were annoyed.
| C) A Nortel Board Member flips out over the article, contacts
| Blade and then pressures Blade to return the Fonality system and
| have Fonality print a retraction to the blog article (and the
| subsequent press release).
|
| If you answered C) congratulations, we have a winner!
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http://blog.tmcnet.com/blog/tom-keating/voip/nortel-strong-arms-open-source-vendor.asp
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