New ways to detect and prevent cyber fraud have been developed to discover and prevent criminals before the fact, rather than after the damage has been done. In Trends E-Magazine the article the Internet Grows More Dangerous talks about cyberspace fraud and how it is becoming more evident as business efficiency and productivity increase. It states “the more dependent we become on cyberspace the more vulnerable we become to all these threats” (25). Next, a few examples of cyberspace threats were discussed. To list a few: “A Microsoft Windows computer worm labeled Stuxnet targets industrial software” (24).
Apple was found guilty of infringing on VirnetX patents for iMessage, FaceTime, and other apple software that mostly involved around methods of real-time communications over the Internet. VirnetX is said to be a “patent troll” because they make their money by mainly suing big corporations for patent infringement. They buy patents and try to enforce them on other
This is a prime reason why the European parliament is afraid of the “US Hegemony”. Hegemony could b explained as the predominance of one state over the other in spheres like military, technology, political or economic strength (Wikipedia, 2015). The world superpower (USA) is not only the powerful in terms of military but also technologically. It is the birthplace of the Silicon Valley where giants like Facebook and Google are located. These companies do not charge the end users for using their service, but in change ask for their private data.
The Internet giants that grew large on the basis of charging sponsors fees (Yahoo, Google) or users for handling transactions (eBay) don't want someone else to find a new revenue stream that, to them, becomes a new expense stream. It's hard to escape the feeling that this is not an altruistic fight for keeping the grounds fertile for the "next" Google to emerge. But to keep present business models intact. __________________________________________________________________________________ 3. Searcy, Dionne; Schatz, Amy.
The business model of any company with an online presence must treat the protection of customer information with high priority. Moreover, consumers of any online based products and services cannot assume that their privacy is free from any form of invasion. The responsibility of protecting privacy should not rest entirely on the company, but should also be shouldered by the consumers. A collaborative effort of protecting privacy is much more effective than the shifting of blame that is currently happening today. Corporate Responsibility The current direction most online companies are moving towards is creating a lot of backlash from critics and consumers of the online services and products.
Not to mention the fact the it is extremely difficult to prove and convict people under the Copyright Act. In today's society, revenue from software is such a small income source for corporations such as WordPerfect Corp. These companies make their money mainly from individuals purchasing extra manuals, reference material, supplementary hardware, and calling product support. Software companies are conscious of the pirate world and the changes they have made. Some companies actually want you to take the software by using the SHAREWARE concept.
With more business competition the general public will benefit because of the increased probability of price wars and more opportunity for critical innovation in the industry. Also, the eventual decision made by the government concerning the future of Microsoft will play a key role in future public approval ratings. Empirically speaking, the companies, an... ... middle of paper ... ... create an unhealthy, unbalanced market place for computer and computer software industry. The consequences are too dire to let Microsoft go on like it has in the past. In conclusion, something has to be done to create a more healthy business environment for all people affected by this case.
The United States government has created these laws in order to try to protect the intellectual property of companies and individuals. The most important laws being the Digital Millennium Copyright Act (hereafter referred to as the DMCA) and the upcoming Anti-Counterfeiting Trade Agreement (hereafter referred to as the ACTA). These laws are in place because of a fear that the present day capitalistic economy will fall apart without a creator-money-consumer relationship. In a society where technology allows people to create and acquire information for themselves, both on their terms and prices, it is difficult for the creators of intellectual property to make money. In Lois Lowry’s book The Giver, the inhabitants of the community have no choice in the information that they can access.
The product Q-Ray also violates the correlation does not mean causation concept. In order to find high correlation between two occurrences, a proper experiment should be executed. A proper experiment would include an experimental group who wore the bracelets, and a control group who were not given the bracelet. The company, however, makes claims that cannot be verified. The consumer should never trust a company that eludes to correlation meaning
Microsoft’s key focus to their brand was to constantly add new features to their brand, but adding new features is more a trait of a perfect competitor trying to differentiate their product. With this potential, a question is posed regarding if monopolies could function more effectively than originally thought. McKenzie mentions that monopolists get a bad rap philosophically because goods involved in a monopolistic market exist, but there is no way to earn them. This term is considered unearned rents. Thus, the feeling is that since monopolists did not earn the market share of a good, consumers have more right to the consumer surplus.