Friday, April 22, 2005

Patents, Outsourcing and Executive Pay

Widenius: [Patents] just stall innovation. Look at an extension of patents. I don't see any difference in a software program and a recipe in a book. It's the same thing to me as a programmer. It's them saying, "You're not allowed to write the sentence you're writing right now because somebody patented it."

Deloitte is not the only consultancy to take this stance. Gartner last month issued multiple studies on outsourcing that said customer service outsourcing is destined to fail, demand will increase for business process outsourcing, and that outsourcing could cost as much as one-third more than controlling the task in-house.

  • Carl Icahn Sees Red Over Blockbuster Chief's Pay
    In 2002 he received no bonus at a time when net income was negative $1.6 billion. Yet in 2004, when net income was negative $1.2 billion, the second-worst performance since 1997, Antioco's
    bonus rose to $5 million. Reducing a loss to $1.2 billion from $1.6 billion seems to be cause for celebration in Blockbuster's boardroom, yet in 2003 when the loss was $979 million, Antioco's bonus was $5.3 million.

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