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Chrome aims to kill Windows, make Web the OS of choice
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| Mike Masnick, president and CEO of IT research firm Techdirt, agreed that
| Chrome is a key part of Google's strategy top make the operating system
| obsolete.
`----
http://www.linuxworld.com.au/index.php?id=1173717091&rid=-50
They go for Microsoft's cash cow (Office), not just Windows...
To replace or not to replace microsoft office
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| For busy Baruch students, when working with documents, it is important to be
| able to access files anywhere - at home, school or work, without worrying
| about USB drives or emailing back and forth.
|
| The latest offerings for documents, spreadsheets and presentations not only
| use safe, centralized storage, they're also advanced systems with no added
| price tag. They operate within any web browser, which enables them to work on
| Windows, Mac and Linux.
|
| The three leading online office suite programs reviewed here are Google Docs
| (docs.google.com), ThinkFree Office (www.thinkfree.com) and Zoho Office
| (www.zoho.com). There are numerous other individual offerings, but these
| three companies each offer a package containing word processing, spreadsheet
| and presentation programs. These programs, although basic, contain just
| enough features to motivate students to seriously consider ditching Microsoft
| Office. Of the three, Zoho Office is the most comprehensive in terms of
| features, Google Docs works just as smoothly, while ThinkFree may often be
| unresponsive.
`----
http://media.www.theticker.org/media/storage/paper909/news/2008/09/02/Science/To.Replace.Or.Not.To.Replace.Microsoft.Office-3411325.shtml
Microsoft could enter bankruptcy sooner than people realise. Raikes has just
been assigned the CEO role of the Liquidation Fundation (AKA Gates Foundation)
while Microsoft cotinues to commit fraud.
Recent:
Microsoft loses 90 Billion Dollars [in less than a year]
http://slated.org/microsoft_loses_90_billion_dollars
Related:
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| "For instance, Microsoft, the world’s most valuable company, declared a
| profit of $4.5 billion in 1998; when the cost of options awarded that year,
| plus the change in the value of outstanding options, is deducted, the firm
| made a loss of $18 billion, according to Smithers."
`----
http://etheridge.ca/articles/economist-options.html
Whistleblower settles after Microsoft SEC fraud claim
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| He claimed to have been forced to resign in 1995 after reporting his
| suspicions about Microsoft bookkeeping to CFO Mike Brown and COO Bob Herbold.
|
| [...]
|
| But court records of the case show Pancerzewski had claimed he'd been ordered
| to destroy a consultant's report about potential tax liabilities in Europe,
| and that he'd found that Microsoft was controlling the level of reported
| income by switching money back and forth from reserves. Much simplified, this
| procedure involves putting money into reserves in good times, and
| transferring it back into reported income when times are hard. It's used to
| keep earnings apparently growing smoothly, and it is illegal, under SEC
| rules.
`----
http://www.theregister.co.uk/1999/01/09/whistleblower_settles_after_microsoft_sec/
Unauthorized biography of Steve Ballmer turns up little new
,----[ Quote ]
| A lengthy anecdote about accounting irregularities exposed by whistleblower
| Charles Pancerzewski concludes weakly, "Microsoft paid over $4 million to
| make Pancerzewski go away, an amount that presumably wouldn't be paid out
| without the Office of the President, the trio to which Ballmer belonged,
| signing off on it."
`----
http://seattlepi.nwsource.com/business/86841_ballmer13.shtml
Microsoft's Accounting Under Scrutiny
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| The company has still not made enough information public to provide analysts
| with detailed information on the profitability of its MSN Internet business,
| Mr. Galvin said, adding, ''There's still room for them to obfuscate.''
`----
http://query.nytimes.com/gst/fullpage.html?res=9A03E1DC173DF932A35754C0A96F958260
Microsoft - Undeserving of Libertarian Praise
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| One strategy that Microsoft has employed in the past is paying for the
| silence of people and companies. Charles Pancerzewski, formerly Microsoft's
| chief auditor, became aware of Microsoft's practice of carrying earnings from
| one accounting period into another, known as "managing earnings". This
| practice smoothes reported revenue streams, increases share value, and
| misleads employees and shareholders. In addition to being unethical, it's
| also illegal under U.S. Securities Law and violates Generally Accepted
| Accounting Practices (Fink). Mr. Pancerzewski claims he was forced to retire,
| for raising the issue of deferred earnings with Microsoft executives, thereby
| making plausible deniability more difficult for said executives. He has since
| sued Microsoft, who responded by settling out of court, but also sealing the
| records to prevent public disclosure (Fink).
`----
http://www.kuro5hin.org/story/2002/8/20/11034/3908
Microsoft Agrees To Refrain From Accounting Violations in SEC Settlement
,----[ Quote ]
| Microsoft has agreed to refrain from accounting violations to settle federal
| regulators' allegations that it misrepresented its financial performance, the
| government announced Monday.
|
| Under a settlement with the Securities and Exchange Commission, the software
| giant neither admitted to nor denied wrongdoing. No fine was imposed.
|
| The SEC alleged that Microsoft's accounting practices from July 1994 through
| June 1998 caused its income to be substantially misstated.
`----
http://www.crn.com/it-channel/18819490
"Microsoft Tax," MSN Enters the Black Hole, New Names for NT
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| The lawsuit, filed last year by Mukilteo City Councilman Charles
| Pancerzewski, alleges that he was forced to resign as Microsoft's general
| auditor in January 1996 after working for the company's internal auditing
| department for more than four years. The suit claims that a "significantly
| younger man" with little auditing experience was picked to replace
| Pancerzewski, who was finally forced out because he discovered Microsoft
| might have been violating government regulations. Once Pancerzewski left the
| company he was replaced by the younger man, who his attorneys believe
| was "less prone to raise issues of possible legal improprieties which could
| threaten or embarrass Microsoft or its management.
`----
http://www.msboycott.com/news/98_06_22.shtml
SEC Investigating Microsoft Practices -- Earnings Manipulated, Former Employee
Contends
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| "The CFO to whom Charlie was reporting his concerns about illegality was the
| biggest advocate for the very illegality that was going on," Vial argued in
| court a year ago.
`----
http://community.seattletimes.nwsource.com/archive/?date=19990701&slug=2969514
Microfraud?
,----[ Quote ]
| THE ALLEGATIONS WERE shocking: For years, Microsoft has systematically
| distorted its profit figures in an effort to consistently beat Wall Street
| expectations and keep its stock price steadily rising. The false reports
| would violate SEC regulations, and amount to outright fraud.
|
| More shocking was the source of the allegations: Microsoft's chief of
| internal audits, Charlie Pancerzewski, who reported directly to the company's
| chief financial officer.
|
| Most shocking of all was what happened to Pancerzewski when he reported the
| suspicious bookkeeping to his supervisors, Microsoft CFO Mike Brown and chief
| operating officer Bob Herbold, in the spring of 1995. Soon afterward,
| Pancerzewski—who for nearly five years had received stellar performance
| evaluations—received his first-ever unsatisfactory one, and was eventually
| forced to resign.
|
| Two months ago, Microsoft quietly settled a lawsuit containing these
| allegations, filed in 1997 by Pancerzewski under the Whistleblowers
| Protection Act. The auditor claimed he was wrongfully terminated after
| telling his supervisors that Microsoft might be breaking securities and tax
| laws. The lawsuit made its tortuous way through several rounds of pretrial
| motions until last fall, when US District Judge Carolyn Dimmick denied
| Microsoft's final plea for summary judgment, finding credible evidence that
| Microsoft may have violated SEC rules, as Pancerzewski alleged. Shortly
| thereafter, Microsoft and Pancerzewski settled out of court. Terms of the
| agreement were sealed, but one source who claims familiarity with the case
| says that Microsoft paid Pancerzewski $4 million.
`----
http://web.archive.org/web/20070308032343rn_2/www.seattleweekly.com/1999-01-06/news/microfraud.php
Ex-Microsoft Manager Sentenced for Fraud
http://www.hardocp.com/news.html?news=MzM3NjYsLCxoZW50aHVzaWFzdCwsLDE=
Ex-Microsoft Manager Pleads Guilty, Sentenced For Embezzlement
http://www.crn.com/software/209400603
Ex-Microsoft manager ordered to prison
http://www.upi.com/Business_News/2008/07/19/Ex-Microsoft_manager_ordered_to_prison/UPI-73221216506990/
Ex-Microsoft manager jailed for $1m fraud
http://www.vnunet.com/vnunet/news/2222135/microsoft-manager-jailed-1m-cons
Ex-Microsoft Manager Gets 22 Months for Fraud
http://www.pcworld.com/businesscenter/article/148642/exmicrosoft_manager_gets_22_months_for_fraud.html
Ex-Microsoft boss sentenced
http://seattlepi.nwsource.com/business/371393_msftcourt19.html
Former Microsoft Manager Gets 2 Years In Jail
http://news.portalit.net/fullnews_former-microsoft-manager-gets-2-years-in-jail_1427.html
Kirkland woman senteced to 22 months, ordered to repay nearly $1 million, for
embezzlement scheme
http://www.pnwlocalnews.com/news/25634819.html
Ecuador Tax Agency Closes Microsoft Branch Offices For 7 Days
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| "We have twice requested balances, payment reports and complete tax
| information, but the company hasn't given it to us, so in accordance with our
| laws we have proceeded with the closure," the SRI official in charge of the
| proceeding said.
`----
http://money.cnn.com/news/newsfeeds/articles/djf500/200710041610DOWJONESDJONLINE000810_FORTUNE5.htm
Microsoft Office raid in Hungary
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| "Such behavior could lead to the exclusion of competitive products from
| the market and violate European Union rules, according to the authority
| known as the GVH."
`----
http://www.forbes.com/feeds/ap/2007/07/26/ap3957835.html
Microsoft exec dumped stock prior to Red Ring announcement
,----[ Quote ]
| To make matters more murky, the sales were not registered with the Securities
| and Exchange Commission within the mandatory two days of the transaction, a
| result of an alleged "administrative error." Microsoft has since remedied the
| issue by following the "procedures required of late-filers."
`----
http://arstechnica.com/journals/thumbs.ars/2007/08/14/microsoft-exec-dumped-stocks-prior-to-red-ring-addresment
Microsoft's Bach sold more stock before Xbox news
,----[ Quote ]
| Microsoft Corp. executive Robbie Bach sold $3 million more in company stock
| during the period leading up to an announcement about a costly flaw in its
| Xbox video game console than previously reported, according to a filing
| Monday with the Securities and Exchange Commission.
`----
http://www.marketwatch.com/news/story/microsofts-bach-sold-additional-stock/story.aspx?guid=%7BBECA3A50-EF33-4161-A111-A43BDC8B0462%7D&siteid=yhoof
Insider Trading Hasn't Affect Microsoft Stock - Yet
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| MarketWatch.com reports that Robbie Bach, president of Microsoft's
| Entertainment and Devices division, sold $6.2 million of Microsoft
| stock just prior to announcing that Microsoft was going to have to
| extend XBox 360 warranties to three years because of extensive
| failures. The filings note that this was not part of any
| scheduled diversification or selling program; this was a
| conscious, unscheduled sale by the guy in charge of releasing
| news that could affect the value of Microsoft stock.
|
| [...]
|
| Insider trading is a very serious violation of the law; just
| ask Martha Stewart, who served five months in prison for
| avoiding losses of $43,000 through trades that just had suspicious
| timing (no insider trading was actually proven). This is $6.3
| million that went straight into Robbie Bach's pocket.
`----
http://biz.yahoo.com/seekingalpha/070713/40947_id.html?.v=1
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