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What Happened To Morgan Stanley Could Happen To Any Of Us

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In This Issue:
1. Editor's Note: What Happened To Morgan Stanley Could Happen To Any Of Us
2. Today's Top Story
    - High Court To Hear Landmark eBay Patent Case
3. Breaking News
    - Consumers Say They Want Their Mobile TV
    - Google Gains Search Share, Widens Lead On Yahoo
    - Special Video Games May Help 'Lazy Eye'
    - NSA Awards Harris $41.6 Million For Secure WLAN
    - India Develops As Hotbed For Semiconductors
    - Top Execs Insist Too Little Is Spent On IT: Survey
    - Logistics Firm Uses RFID, Sensors To Track Financial Data
    - Metalink Targets HDTV With Wireless LAN
    - In-Q-Tel: The CIA's Tech Matchmaker
    - SAS Expands Into Credit Risk, Bank Compliance Areas
4. Grab Bag
    - 'Sandal And Ponytail Set' Cramping Linux Adoption? (CNET News.com)
    - Blu-Ray And HD DVD Are Coming, But What's The Difference? (ABC News)
    - Analysts: Apple's Next Move Likely To Be An iPod Phone (Yahoo News)
5. In Depth
    - Microsoft Hired Ex-EU Judges For Mock Trial: Source
    - New European Anti-Patents Crusade On Tap
    - Skype Founders Sued For Racketeering
    - NY Police, Privacy Advocates Clash Over Surveillance Cameras
    - House Lawmakers Offer Bill To Aid Telcos' Video
    - Beatles Say iTunes Is Bad 'Apple'
6. Voice Of Authority
    - Confessions Of An Adware Purveyor
7. White Papers
    - Choosing The Right Disk-Based Backup Solution
8. Get More Out Of InformationWeek
9. Manage Your Newsletter Subscription

Quote of the day:
"Keep five yards from a carriage, ten yards from a horse, and a hundred yards from an elephant; but the distance one should keep from a wicked man cannot be measured." -- Indian Proverb


1. Editor's Note: What Happened To Morgan Stanley Could Happen To Any Of Us

Reading over the tawdry details of a disgruntled employee's lawsuit against Morgan Stanley, any reasonable person is going to break out in a cold sweat and get a feeling that what happened to Morgan Stanley executives could happen to any one of us if we fail to follow some commonsense rules about doing business.

Arthur Riel, a former Morgan Stanley IT manager who set up the company's E-mail archive, filed a wrongful dismissal lawsuit. He charges:

- CTO Guy Chiarello received hard-to-get sports tickets and other favors from tech vendors that do business with the firm.

- Morgan Stanley investment bankers pressured the firm's IT department to buy from vendors as a way to win their banking business.

- Former CFO Stephen Crawford tried to wall himself off from all E-mail communications coming from outside his inner circle. The reason, according to Riel's complaint: to make it virtually impossible for whistle-blowers to contact Crawford.

Morgan Stanley counters that the accusations are groundless.

The courts will decide on whether Riel is telling the truth, and whether Morgan Stanley violated the law or regulations. However, we can already learn some lessons from the Morgan Stanley execs' misfortunes:

Don't put anything in E-mail that you don't want to have read on the pages of InformationWeek. Or the Wall Street Journal or The New York Times or the New York Post.

When we write or read E-mail, we think we're dealing with a private, confidential communications channel. But in fact, E-mail is a public medium. Laws and regulations require companies to archive their E-mail and disclose messages under subpoena. Those messages can be made public as part of a lawsuit, which is what happened here.

Don't accept gifts of more than nominal value from vendors. Don't accept any gifts from vendors you'd be embarrassed to read about in the pages of InformationWeek.

E-mail is fundamentally broken. Workers are overwhelmed by the amount of legitimate E-mail they're receiving.

It's not just spam--even after we've deleted all the junk, some of us don't have time to even read all the legitimate E-mail we receive. We need tools to help prioritize messages. Some of us turn to technology, some of us hire assistants to cull through our messages, and some of us rely on developing good work habits to deal with the E-mail overload.

My colleague Paul McDougall has been weighing in on these subjects on the InformationWeek Weblog. He takes Morgan Stanley to task for allegations about misconduct in how it awards IT contracts. He also quotes from some of the E-mails surrounding gifts from vendors to Morgan Stanley's CTO and asks whether Morgan Stanley was out of line. What do you think?

Mitch Wagner
mwagner@cmp.com
www.informationweek.com


2. Today's Top Story

High Court To Hear Landmark eBay Patent Case
The case, which hinges on eBay's "Buy It Now" feature, is being closely watched to see if the Supreme Court will scale back the right of patent holders to get an injunction barring infringers from using their technologies.


3. Breaking News

Consumers Say They Want Their Mobile TV
Adoption of mobile video has been slow so far, with only 2% of cell phone subscribers having the service, JupiterResearch says. But that number is expected to reach 40% soon.

Google Gains Search Share, Widens Lead On Yahoo
Google's share of search queries widened to 42%, up from last year's 36%, according to ComScore. Ask.com was the only other search site to increase its market share.

Special Video Games May Help 'Lazy Eye'
Published findings in a medical journal suggest that some video games may be a helpful part of an experimental treatment for lazy eye, or amblyopia. More experiments are planned.

NSA Awards Harris $41.6 Million For Secure WLAN
The cryptographic networking gear is expected to be deployed in several DoD-related programs, Harris said.

India Develops As Hotbed For Semiconductors
India, with its huge consumer population and intellectual capacity, is shaping up as a burgeoning market for semiconductors, according to the head of Texas Instruments.

Top Execs Insist Too Little Is Spent On IT: Survey
The 10% of executives who believed IT departments were overspending were nearly twice as likely as IT managers to look toward reducing or reallocating staff as the primary way to reduce costs.

Logistics Firm Uses RFID, Sensors To Track Financial Data
Eagle Global Logistics can securely transport everything from one tape containing a backup of sensitive customer credit card data to two pallets of mortgage records.

Metalink Targets HDTV With Wireless LAN
For the first time, advanced Wi-Fi technology was used to deliver multiple simultaneous high-definition television streams anywhere in the home, with full quality-of-service guarantees.

In-Q-Tel: The CIA's Tech Matchmaker
Why not have mini versions of the CIA's investment arm for many federal agencies?

SAS Expands Into Credit Risk, Bank Compliance Areas
At its annual user conference, SAS also details its expanded data integration R&D efforts.

All Our Latest News


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-----------------------------------------


4. Grab Bag: News You Need From Around The Web

'Sandal And Ponytail Set' Cramping Linux Adoption? (CNET News.com)
Yes, says former Massachusetts CIO Peter Quinn. To be taken seriously, the open source community needs to start dressing the part.

Blu-Ray And HD DVD Are Coming, But What's The Difference? (ABC News)
HD DVD and Blu-ray are poised to take over TVs across the country this year. But how are they different from each other, and do we really need them?

Analysts: Apple's Next Move Likely To Be An iPod Phone (Yahoo News)
As Apple prepares to head into its 30th year, analysts and fans alike are predicting that the company's next move will be to introduce an iPhone, a handset that will offer mobile phone capabilities plus all the functionality associated with the iPod.


5. In Depth

Microsoft Hired Ex-EU Judges For Mock Trial: Source
The software giant is said to be engaged in some major planning for its last chance to stop the European Commission from levying heavy daily fines in a closed hearing on Thursday and Friday.

New European Anti-Patents Crusade On Tap
Florian Mueller, a German software developer and anti-patents activist, says the recent BlackBerry patent battle is helping reunite Europeans who oppose software patents.

Skype Founders Sued For Racketeering
The suit claims that peer-to-peer client maker Kazaa, also founded by Skype founders, violated StreamCast's exclusive rights to the technology behind Kazaa by selling it to a shell company.

NY Police, Privacy Advocates Clash Over Surveillance Cameras
One of many battles is over whether police can take and keep video footage of people participating in political demonstrations.

House Lawmakers Offer Bill To Aid Telcos' Video
Some telecom vendors have complained it would take them years to obtain the necessary licenses from thousands of local authorities to offer video service, which is aimed at competing with cable companies like Comcast.

Beatles Say iTunes Is Bad 'Apple'
A new lawsuit marks the third time the company that holds rights to Beatles music has taken Steve Jobs' company to court over its name.


6. Voice Of Authority

Confessions Of An Adware Purveyor
Eric Chabrow writes: York Baur, 180solutions' executive VP for business development, explains in a podcast how his company--which many critics see as the reigning bad boy of the adware business--is trying to legitimize itself, and how it may have hit on a formula to reap millions upon millions of dollars in revenue by providing an alternative to subscription-based businesses charging users for content.


7. White Papers

Choosing The Right Disk-Based Backup Solution
In this white paper, Dianne McAdam of Data Mobility Group discusses the benefits and disadvantages of various disk-based backup solutions, presents questions to ask vendors, and makes recommendations on choosing the right solution based on budget and environment.


8. Get More Out Of InformationWeek

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