Friday, April 27, 2007
Thursday, April 26, 2007
Stewart and Caterina
Flickr co-founders Stewart Butterfield and wife Catarina Fake.
"He says many casual Flickr users want to sell their pictures but aren't sure how to proceed with copyright or payment. On the flipside, media companies would love to tap into the wealth of material but can't always find it or the photographer."
source: http://www.cbsnews.com/stories
Posted by Augustine at 5:24 PM
Verizon/Vonage Lawsuit As A Proxy For What's Wrong With The Patent System
from Techdirt by Mike
With the news that the federal appeals court has granted a permanent stay on enforcing the injunction placed on Vonage preventing it from signing up new customers, Tim Lee has written up a good article about how the case demonstrates many of the problems with the patent system, from software patents to obvious ideas getting patented to overly broad patents to the fact that companies are now using patents for nuclear stockpiling purposes rather than for innovation. It's an idea that we've discussed here quite a bit, and as Tim says, "Vonage's fundamental mistake was that it chose not to join this arms race. As a result, when Verizon sued, it was completely defenseless." We keep asking for people to explain to us how this is beneficial for promoting innovation, but no one seems to have a good answer. On a related note, Tim points out the latest ridiculous patent on tabbed windows, wondering "would anyone seriously claim that granting legal monopolies on the general characteristics of windowing systems is either necessary or helpful to the progress of the software industry?" Anyone?
Group Of Banks Sues TJX Over Data Breach
from Techdirt by Joe
One of the reasons that big data breaches, such as the one at TJX, keep occurring, is that there aren't sufficient incentives in place for companies to take this issue seriously. The key then is to develop ways for companies to see value in data security, and to be properly punished for their carelessness. At this point, the government doesn't seem to be doing much on this account, and even if it tried to do something, there's no guarantee that it would be effective, since many government regulations fail to achieve their desired goals. Now, a group of New England banks have filed a lawsuit against TJX, in hopes of receiving compensation for their own expenses from dealing with the situation. Their complaint seems legitimate since it's known that the breach has contributed directly to fraud, which is something that the banks themselves have to combat. As one representative from the group put it, "Right now we've had major breaches from major retailers, and there's very little recourse and little incentive for them to change." While the tort system is often abused, it can be used by legitimately injured parties to get compensation. If the banks are successful in winning damages, it's likely to open up a new (and hopefully effective) avenue in punishing companies that mishandle their data.
Posted by Augustine at 4:42 PM
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