Broken trust

by Volker Weber

Sometimes, Bill Gates' timing is not so good.

Worldcom announces that it overestimated the year's earnings by $3.8 billion. Xerox says it goofed, too, inflating the past five years' revenues by $1.9 billion (and it's such a small number, compared to the Worldcom debacle, that hardly anyone notices). Enron's vaunted revenues turned out to be nothing more than a house of cards. Does anyone trust big corporations anymore?

As if that weren't enough, here's another reason to hate big companies, particularly those that develop bloated, buggy software: A new study shows that software bugs costs us nearly $60 billion every year.

And yet, Microsoft wants you to entrust it with the safekeeping of your computer's processor, memory, and hard drive.

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I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.


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