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Monthly Archives: July 2004
Ride P2P tsunami or risk being swept away
For all the talk in North America these days about the downloading of free music, there has been little attention about how peer-to-peer technology is evolving and moving into new business markets.
Perhaps the most intriguing is the use of P2P networks in the online gambling industry. While online gambling is already a multi-billion dollar business [...]
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The Tax that Could Kill VOIP
You've got to hand it to the U.S. Internal Revenue Service. In an attempt to tax the fledgling Internet telephony market, it is apparently planning to use an excise tax enacted in 1898 during the Spanish American War. The 3% federal tax could be applied to changes in technology used in “telephonic or telephonic quality [...]
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RIM's Chinese Strategy
What's next for Research in Motion? What about the huge Chinese market? It seems it's only a matter of time before the folks of Beijing get addicted to the Crackberry amid reports RIM has been working with CSL and Hutchison Mobile about the launch of Chinese-based services soon. Here's an intriguing back of the envelope [...]
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The Plot Thickens at Nortel
Mark Evans, Financial Post
So Nortel Networks Corp.'s books were apparently cooked after all. The burning questions are what exactly happened, who fudged the numbers and what were their motivations.
Until Nortel says otherwise, the responsibility for the accounting fiasco lies at the feet of the three executives fired “for cause” in April — chief executive Frank [...]
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Nortel: Who did it?
According to the Wall St. Journal, Nortel Networks' books were cooked by senior executives. If this is accurate, you'll see the class-action lawsuits coming from miles away. The big question is who perpetuated the financial massage and why did they do it. Are we talking about fraud and criminal deceit here, or well-intentioned but flawed [...]
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Nokia's Troubles