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September 1, 2009

Robocall Ban; Pipe Dream

As of today Robocalls by companies are banned, but (yes there is always a but) if the calls come from political parties, charities, public service announcement or are requesting information such as a survey they are allowed to call. Outside the jurisdiction of the FTC are banks, insurers, and phone companies, they along with collection agencies can continue to use the service. So don’t expect that mechanical voice to be gone anytime soon. Due to complaints by the public the FTC (Federal Trade Commission) the agency which watches out for US consumers was able to put the law into place in August 2008 and goes into effect today.

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Posted, in Legal,Marketing, by Helen Losch | | Comments (0)



July 9, 2009

Free The Phones !

Are you interested in purchasing the new iphone 3GS? Then make sure you are on the AT&T network -- or are prepared to switch. And if you are thinking of purchasing the new Palm® Pre™, you must be a Sprint customer. Cell phone service providers have exclusive agreements with manufacturers that seem to be detrimental to the average consumer looking for the best service and best phone for their needs.

According to an editorial in USA Today, the Antitrust Division of the U.S. Department of Justice, the Federal Communications Commission and the Congress are currently looking into whether these agreements violate U.S. antitrust laws. FreePress.net is currently sponsoring a petition directed toward members of Congress and officials at the FCC, hoping to show public support for the freedom to choose network providers, phones and services.

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Posted, in Business News,Legal, by Jan Driscoll | | Comments (2)



December 9, 2008

Web Crime : Social Networks

In theory, everyone you have agreed to have as a “friend” on any number of given social networking sites really is your friend. However, criminals have found new ways of parting you from your money by exploiting the implied trust in social networks. A Business Week article entitled Cyberscams Befriend Social Networks found a 16.2 % increase since 2005 in the number of scams perpetrated through websites (as compared to email). In some cases the scams were brought to the attention of authorities by the members of a service.

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Posted, in Legal, by Helen Losch | | Comments (0)



December 2, 2008

Web Crime: Online Gambling

This is the first in a series of blogs which focuses on crime in the internet and what companies are doing (or not) to try and stop it. What brought this up? Well several things. First was a research request that came in requesting background information on cyberwarfare. Who knew something like that existed? Then a friend of mine had one of her social network sites hacked into. How safe are social networks really? Finally, a report this weekend by 60 Minutes on fraud in the online gambling industry prompted me to write this series.
The 60 Minutes report entitled How Online Gamblers Unmasked Cheaters tells the story of how online poker players uncovered the fact that someone was cheating. It turned out that one of the employees of an online gambling website was able to see everyone’s cards and cashed in on millions of dollars. What makes prosecuting especially difficult is that any online business generally works out of multiple locations in terms of the servers being housed perhaps in Europe, the programmers in Asia and the management in the United States. The article, on which the 60 Minutes report is based, in the Washington Post entitled Players Gamble on Honesty, Security of Internet Betting, estimates the online gambling industry to be worth about $18 billion a portion of that $4 billion is brought in by online poker alone.

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Posted, in Legal,Technology, by Helen Losch | | Comments (0)



January 28, 2008

Breeden on Corporate Governance

Michelle Gutman reminds us that the Stanford Law Review, together with the Rock Center for Corporate Governance, is convening its 2008 annual symposium to focus on issues of corporate governance. It will feature a keynote address by Richard Breeden, founder of the activist hedge fund Breeden Partners and former Chairman of the SEC. Interested parties may register.

New Directions for Corporate Governance
Dates: February 8-9, 2008
Location: Stanford Law School, Room 290

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Posted, in Legal,Stanford Community, by Paul Reist | | Comments (0)



January 23, 2008

Rolling $20 Billion Dice

Library friend Michelle Gutman has alerted us of an upcoming discussion of the recent JDS Uniphase trial, in which plaintiffs sought damages of up to $20 billion (the jury returned a verdict for the defendants.) Professor Joseph Grundfest of Stanford Law School will moderate a panel discussion of the plaintiff’s allegations, the defense strategy, and implications for securities fraud litigation going forward. Panelists include lead defense counsel and the lead expert witness, and will discuss implications of the litigation.

Date: January 29, 2008 5:00 pm - 7:00 pm
Location: Stanford Law School, Room 290

Reception: 5:00 pm, Law School Faculty Lounge
Presentation: 5:30 pm, Room 290, Stanford Law School

Register at http://rockcenter.stanford.edu/dice

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Posted, in GSB Community,Legal, by Paul Reist | | Comments (0)




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