I don't think most people know exactly what this means. New York's AG is Andrew Cuomo. Simply put, this guy serves out justice like candy on Halloween. His idea of "fun" is ruining bad guys' lives in order to benefit just about the ENTIRE NATION.
For example, he discovered Student Loan manipulation on the parts of lenders and universities. He pressed charges against many universities and, in response, many of those ***universities*** REFUNDED students money. Additionally, his office discovered a huge healthcare fraud situation by United Healthcare. They had done terrible things, such as refusing cancer treatment for people, claiming that cancer was a "pre-existing condition." He's done plenty of other things, such as taking down Eliot Spitzer for both his sexual escapades and his inappropriate use of law enforcement for surveillance of State Officials.
So, what I'm trying to say is this: INTEL IS SCREWED. BIG TIME.
while I agree that Intel has it coming, I can't help but feel NY is trying to get on some of the antitrust and *cough* large settlement/fine it stands to benefit. Budget shortfall? No prob, tax them a little. Damn Mafia.
Yeah I hope Intel is screwed, but I also hope that they don't only have to pay a fine either. Intel has to get it where it hurts the most, the x86 patent.
Not to quibble but good management prevents this early, so you don't have an embarrassing mess costing billions and yet not solving the harm done really. When I say management I mean the state keeping an eye on shenanigans and not just notice it after 20 years. Take this thing, intel does have those fabs in new tork right? bringing in jobs and money, so now even if new york wins they still also lose when intel has to close those down, if they had stepped in earlier intel would have a small fine, and I think intel was capable in competing with AMD fairly, what they did was more convenient and quicker but they certainly have the skill to compete without such trickery.
I could be very wrong (I'm not a lawyer, talk to Nilay), but I think what Cuomo is trying to do is get Intel to pay a hefty fine and change their practices to increase competition in the market. Intel knows that if this goes to court, they are done for; Cuomo's office wouldn't have done what they did unless they had a ROCK SOLID case. So, they're basically forcing Intel's hand, and unless Intel wants a prolonged legal battle *that they WILL lose*, they're going to have to pay the price, literally. Additionally, this sends a strong message to companies like Dell, HP, and etc, basically telling them to stop doing what they're doing or they're next.
@ poached
I see where you're coming from, but I disagree. Sure, I bet New York could benefit from this case (though, once again, I could be wrong), but it seems to me that Andrew Cuomo is doing this to satisfy is unquenchable thirst for justice. If he's only doing this for profits, why'd he go after Spitzer the way he did? Why'd he challenge Facebook to improve their security and protection of minors? Why'd he go after not only United Healthcare of New York, but also United Healthcare in general (the entire company)? Why'd he press charges against universities and lenders around the entire country?
I'm not a Democrat (not a Republican, either), and I don't live in New York (I live in the "NY of the South"), yet I firmly believe that this guy has justice at heart. If I'm wrong, I'd be totally let down, but his office's history speaks for itself.
"I'm a college student looking for a new laptop, but almost all of my media I receive digitally. I'm looking for a laptop, not a netbook, without an optical drive, and budget sensitive. The optical drive will just be a waste of space, when I can have thinner laptop. What's out there?"
The most commented posts on Engadget over the past 24 hours.
Now that we've thrown 'em off the trail, use the form below to get in touch with the people at Engadget. Please fill in all of the required fields because they're required.
I don't think most people know exactly what this means. New York's AG is Andrew Cuomo. Simply put, this guy serves out justice like candy on Halloween. His idea of "fun" is ruining bad guys' lives in order to benefit just about the ENTIRE NATION.
For example, he discovered Student Loan manipulation on the parts of lenders and universities. He pressed charges against many universities and, in response, many of those ***universities*** REFUNDED students money. Additionally, his office discovered a huge healthcare fraud situation by United Healthcare. They had done terrible things, such as refusing cancer treatment for people, claiming that cancer was a "pre-existing condition." He's done plenty of other things, such as taking down Eliot Spitzer for both his sexual escapades and his inappropriate use of law enforcement for surveillance of State Officials.
So, what I'm trying to say is this: INTEL IS SCREWED. BIG TIME.
while I agree that Intel has it coming, I can't help but feel NY is trying to get on some of the antitrust and *cough* large settlement/fine it stands to benefit. Budget shortfall? No prob, tax them a little. Damn Mafia.
Yeah I hope Intel is screwed, but I also hope that they don't only have to pay a fine either. Intel has to get it where it hurts the most, the x86 patent.
Not to quibble but good management prevents this early, so you don't have an embarrassing mess costing billions and yet not solving the harm done really.
When I say management I mean the state keeping an eye on shenanigans and not just notice it after 20 years.
Take this thing, intel does have those fabs in new tork right? bringing in jobs and money, so now even if new york wins they still also lose when intel has to close those down, if they had stepped in earlier intel would have a small fine, and I think intel was capable in competing with AMD fairly, what they did was more convenient and quicker but they certainly have the skill to compete without such trickery.
@ Wwhat
I could be very wrong (I'm not a lawyer, talk to Nilay), but I think what Cuomo is trying to do is get Intel to pay a hefty fine and change their practices to increase competition in the market. Intel knows that if this goes to court, they are done for; Cuomo's office wouldn't have done what they did unless they had a ROCK SOLID case. So, they're basically forcing Intel's hand, and unless Intel wants a prolonged legal battle *that they WILL lose*, they're going to have to pay the price, literally. Additionally, this sends a strong message to companies like Dell, HP, and etc, basically telling them to stop doing what they're doing or they're next.
@ poached
I see where you're coming from, but I disagree. Sure, I bet New York could benefit from this case (though, once again, I could be wrong), but it seems to me that Andrew Cuomo is doing this to satisfy is unquenchable thirst for justice. If he's only doing this for profits, why'd he go after Spitzer the way he did? Why'd he challenge Facebook to improve their security and protection of minors? Why'd he go after not only United Healthcare of New York, but also United Healthcare in general (the entire company)? Why'd he press charges against universities and lenders around the entire country?
I'm not a Democrat (not a Republican, either), and I don't live in New York (I live in the "NY of the South"), yet I firmly believe that this guy has justice at heart. If I'm wrong, I'd be totally let down, but his office's history speaks for itself.