116 posts • joined 1 Jun 2007
Autonomy was a piece of software that was supposed to sort out information. Or, more precisely, analyse and organise data to become information.
It required, depending on the raw material and it's format, significant pre-work and sampling, before being "installed" i.e. run with a full or partial data set.
So, a sales invoice for the product was made of several parts. There was a down payment, not necessarily the "price" of the whole package, and a significant x time basis to do the analysis.
Afaik, the charge is that the money element of newly signed contracts was inflated to a significant extent, to take account of the potential effort required to get the product to run properly. The other aspect is that there was a significant % of future income included in the sale announcement, without a dependable basis of the calculation
European Commission: We've called off the lawyers over Ireland's late collection of Apple back taxes
Didn't I read somewhere that the Irish Gov are shuffling about to get a derogation from the strictures of the upcoming EU data protection stuff?
Ireland needs to offer sub rosa guarantees to big (us) corps that their data in the country is protected from prying. Viz. this issue of the Reg report on MS v the US Supreme Court.
I always wonder what is the story with insurance if you and your car are an Uber "product"?
OTOH, this decision, like so many of the ECJ's decisions, reinforces the EU'role as the arbiter of nearly everything. That might be ok, in the sense of creating a common market, but the proposals/decisions on directives are mostly created on the input of vested interests, not the man in the street.
Apropos of insurance, why is it a requirement to have, effectively, a local insurer? You cannot insure a car in Ireland with a French insurer, even if it is an international insurance company.
I tried to get him to come to Europe in the mid 80s, for a conference, but he said he could not "because I know nothing about data in Europe"
I don't know if he ever did come, or if he ever did learn anything about data here. Of course it was in the days of the monopoly, so not many people knew about data here, some still don't.
Re: The Golden Age of flying is over
I object in principle to paying for a seat except long haul. I buy aisle seats, one in the centre section, one on the side. So, in single aisle, that can be done also.
The result is you have the possibility to get in and out easily, or at least more easily. Biggest bugbear with single aisle is food service, cannot even get to the loo.
When will some smart ass offer food service row by row, at the front and/or back?
Re: I concur
All winced out.
Quote from the NYT today -
"Elsewhere shares in Capita, a firm strikingly similar to Carillion, have lost two-thirds of their value since 2015."
In a very interesting commentary on the UK's obsession with outsourcing.
Re: “In essence, if you don’t have a couple of million, you’re out of luck.”
Just a point of clarification, eir is now French owned, not sure if that means the HQ will stay in Jersey. However, latest info is that it might be "owned" by a new (legal?) setup, who's directors are lawyers in Dublin.....in a structure designed by the mix of holding companies who seem to have bought eir.
Probably means it cannot be sued at all.....
Re: That wasn't it......
Due diligence is an oxymoron, both words. Due should mean you do it when it needs to be done; diligence means you do it properly. Accountats don't do either, they are always in after the facts and they are not paid to be diligent, they are paid to be a facesaver.
In addition, the board of HP and their sherpas are supposed to be experienced. If they were when they looked at the deal they should have known that ALL software sellers puff up sales as soon as the contract is signed. That is when the work starts, not when the operation actually works. In the case of Autonomy there was a requirement to spend x months with consultants massaging the software against the data to be managed.so that it MIGHT work.
Interesting that someone mentioned another puffed up outfit that went down the toilet, Enron, they were an autonomy user.
I worked with buyers of Autonomy. There was a very significant amount of consultancy built in to the purchase, but this depended on what Autonomy assessed you needed to make the software work.
The actual amount of work was not determinable in advance but Autonomy publicised sales at revenues based on consultancy estimates, not on actual purchase price. It is this fiction that HP bought.
Hussein is accused of puffing up revenues.....
I still have, somewhere, a collection of Byte + Jeerry on CD. A blast from my past, but his descriptions of adding and installing new hard and software at Chaos Manor were inspirational to me and many others, I suspect. A legend, not a word I use lightly, bye and thanks for the fun Jerry.
Have we been here before?
Am I missing something?
Didn't the ECJ throw out the previous e-whatever stuff, or part of it, because it contravened privacy rights? Is this any different?
Also, doesn't that nag about cookies cover some of the territory? Of course these proposals are bigger, but the principle remains.
Couple of things -
1. Don't bother quoting gross revenue of telcos, it means very little.
2. Like the airlines, telcos use a statistical algorithm to analyse quid pro quo revenues. The clearing methodology is designed to balance out ins and outs. Overall, apart from some anomalies identified from time to time, no money is exchanged between companies.
It has been obvious for some time that telco revenues are tending towards a cost+ model. where the + has been reducing. The free loaders offering service based on renting space on someone elses network will be first to go. Already there is consolidation.
The important thing is that the EU or someone keeps n eye on monopoly creation. Under present arrangements Vodafone et al can create separate organisation to offer service in different countries, but there are moves to create "supra country" entities, which allows for fudged monopolies.
Re: "From each according to his ability, to each according to his needs."
Don't quite see what dirigisted net neutrality would do to stop Hulu, etc.
Congrats on the gongs you got, makes for a preconceived notion of what should be done with technologies, in my experience.
Prior to TCP/ip we had CCITT standard setting, a closed shop of PTT techies, moving at snail's pace. If we hadn't broken the monopolies we would still be using ISDN.
Post Trump FCC will be in line with big business interests, not neutrality, but more opportunities to make money will be the norm.
Re: I've seen it before, overvalue prior to buyout
In "the business" where Autonomy sold their products, the information retrieval sector, they were recognised as curates egg, good in parts, that is where the data was already structured, such as personnel records, etc. Where implementation work was required Autonomy billed significant consultancy fees, in addition to the leasing/per seat fee. Under UK accounting conventions, note, not rules, the consultancy fees, not yet collected, could be put on the books.
The cockup by UK auditors was not requiring sight of contracts for sales. If they had they would have seen the contracts were surrounded by ifs and buts.
Let's face it, the advances in technology have usurped the original concept, protection and recognition of the original author/artist/performer.
It is so easy to copy today that the idea is toast.
In order to protect and reward originators there needs to be a quick and easy way to pay, even a nominal sum, for the use. The original ITunes concept was that but was hobbled by the big music interests which led to widescale piracy, added to by torrent, etc.
The really unfortunate part of this story is that it is another example of how big business gets its way. I would have hoped that the Obama administration was above it, but obviously not
Re: Irish hospitality: A thousand welcomes (at the same mark-up)
Why anonymous? However, quite correct. Typical behaviour, not just the "elite" dishonesty is par for the course. Hickey is a typical example, I've got the foreman's job, I am untouchable, I'll abuse my position, I'll look after you, 'cos I can and you will be beholden to me.
Well taught, his buddy in the Olympic Council of Ireland, and heir apparent, is the CEO of the Football Assoc of Ireland.
Re: Irish citizens have special status??
Reversion may be possible, but, IMO, to avoid issues with the ROi/NI border, some sort of fudge will be created, but in no hurry.
The original free travel concept was the result of a decision in London, before Ireland obtained independence, because issuing passports to all the Irish in the UK at the time was too expensive and open to avoidance.
My question about all shapes and colours of "sharing" is does normal car insurance cover it, my feeling is no. If you are a signed up sharing service driver what or who do you pay? Assuming it is your personal car, do you need to tell your insurer?
My experience, in France and elsewhere, on weekend nights, is that you get ordinary cars stopping to pick you up. Opportunism.
Ye see, It helps Ireland have the highest "growth" rate in EU. In fact this is generated by the multinationals, ergo, carry on. In reality as a poster earlier said, the residents don't get any advantage. It is called fiscal competitivity.
BTW, if I was presented with that pint I'd say "put a bit of a head on it" the photographer doesn't drink stout!
Regarding empty industrial estates. Presumably Apple's argument is that they want the centre to be in a place with a "good" environment, cool, damp, etc., diffuses the heat. OTOH there are lots of data centres in Ireland because of its damp, cool, climate.
In Ireland, Apple is god, so, planning will be given.
Recent figures show that, even with the tax fiddles, 80% of corporation tax is contributed by non-national entities.
Re: Just following corporate policies
Crap, she was surely paid allowances for child care while she was away, if not what sort of sh**s are MS. Anyway, where was the report that her child care was in Ireland, they may have been with family. Chilrens alliowance is a controversial payment, there is no assessment of need, everyone who has kids gets it, regardless of income, and it is non taxable.
Her case is typical of a basic level of dishonesty in Ireland. There is still a culture which treats the government as the enemy, so ripping it off is ok.
Thanks, so it would appear you are a paper submitter? The real issue with OA reluctance is a thing called "impact factor" which was originally created as a mathematical calculation based on citations, but is now treated as a publicity element for the "quality" of a journal.
It MIGHT be useful but impact doesn't take into account articles which describe basic technques, for example. These articles are quoted by everybody who uses the same technique, thereby increasing the impact factor. The article may not be about the same subject as the original, only using the same technique.
Re: I have 2Mbit down and about 700K up
Me too, but I actually get >5 most of the time, in a small rural village 60km from Marseille. Whilst it was a joke not so long ago, the policy decisions made about telecoms in france revolutionised it. France Telecom itself, the incumbent, was required to offer access to exchanges and inter-exchange links. It was made to create a sales subsidiary, Orange, to sell their services.
The only downside now is that as prices fall there is consolidation, possibly leading to less competition. OTOH, French legal structures prevent monooly or near monopoly suppliers making agreements to restrict access/services.