Look back at ten of the most infamous and notorious tech industry frauds, flops, and foibles from individuals to products, ideas to entire companies.
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On Jan. 7, 2009, Satyam chairman Ramalinga Raju admitted falsifying the company's cash position by as much as $1 billion while overstating quarterly earnings and revenue by up to 28%. Raju tendered his resignation and has since been arrested and jailed. India's Satyam, since acquired by Tech Mahindra, is now dealing with fallout from investors and others who claim they were misled about the company's financial situation.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?