Sunday, March 11, 2007
antitrust lawsuit
On March 9, a federal judge dismissed portions of a lawsuit against Intel Corporations for violating antitrust laws. The plaintiffs claimed that Intel drove up prices on some PCs that used Intel's chips. They also state that Intel was able to do this by barring computer makers from using chips from Advanced Micro Devices Inc. The judge did this because the claim is concerning what Intel did in a foreign country, so the US does not have jurisdiction and even if they did and Intel was found at fault, the plaintiffs could not calculate the amount of damages incurred by US consumers and businesses due to the fact that they have to base it on the sales of US companies and not on foreign ones. However, the judge also ruled that Advanced Micro Devices Inc. and foreign consumers can use foreign evidence to build a case in their country. Intel has a motion to dismiss, claiming that instead of artificially raising prices, they were actually lowering prices in an attempt to compete with Advanced Micro Devices Inc. That motion will be decided by the end of March.
Sunday, March 4, 2007
SCO Board Member leaves
Ed Iacobucci announced on February 27 that he will not be standing for reelection for the SCO Board of Directors. He cites his other obligations, including those he has at DayJet, of which he is President and CEO, as the reason for which he must leave. Iacobucci has been on the Board of Directors since January 2000 and will discontinue his service on April 26, 2007.
His resignation comes in the middle of a lawsuit with IBM over copyright infringement. Iacobucci says that he appreciates the time he had with SCO on the Board of Directors and that he has "always felt strongly that the future health of our commercial software industry lies in its ability to protect the value of the intellectual property it develops -- I continue to value the importance of SCO's strategy and business direction and wish them success in the future."
His resignation comes in the middle of a lawsuit with IBM over copyright infringement. Iacobucci says that he appreciates the time he had with SCO on the Board of Directors and that he has "always felt strongly that the future health of our commercial software industry lies in its ability to protect the value of the intellectual property it develops -- I continue to value the importance of SCO's strategy and business direction and wish them success in the future."
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