On July 30, 2002, President George W. Bush signed it into law, stating it included "the most far-reaching reforms of American business practices since the time of Franklin D. Roosevelt." (Elisabeth Bumiller: "Bush Signs Bill Aimed at Fraud in Corporations", The New York Times, July 31, 2002, page A1).
I didn't see anything in that article that said how long companies are required to retain email. It sounds like companies are responsible for creating their own control measures. Considering the fact that Intel generates over 4 million emails per month, it would be quite a task to retain those for 2 years. Also, if that were really an issue, you would think it would be brought up in the article... if not the title of the article. I could be wrong though.
It doesn't look like anyone is going to say way to go Intel for at least coming forward that it screwed up and didn't try to cover up the accidental loss.
Every company I ever worked for has kept backups of every e-mail for years, usually at least 3, even before SO (for most companies, its not a big deal it just means you archive your backup tapes/discs). It not only protects the company in the future, but your investors as well. I think most courts will see this as intentional especially from a large tech corp.
Have you worked for any companies that have 100k employees, all corresponding with email?
who make billions of dollars, who has no excuse for losing there email archives considering they are an IT company who probably helped usher in the era of tapes and other forms of data backup
no no, they got the perfect excuse they're Intel they can do whatever they want.
Intel: "whateva whateva i do what i want"
in there best Eric Cartman impersonation
Actually, the cost of storing 4 million emails (a number that would obviously increase over time) a month for 3 years, many containing attached sensitive documents, some rather large, would be astronomical even for large companies like Intel. Besides we are only talking about a few emails here where Intel has already sent millions of documents to AMD.
Sounds like AMD has been using the courts to inconvience Intel through court orders that require massive amounts of resources to comply with.
I tend to think this law suit is pointless. If Intel supposedly was keeping Dell from buying AMD processors, then tell me how AMD ended up selling processors to Dell.
Sounds like AMD has been using the courts to inconvience Intel through court orders that require massive amounts of resources to comply with.
I tend to think this law suit is pointless. If Intel supposedly was keeping Dell from buying AMD processors, then tell me how AMD ended up selling processors to Dell.
ehm.. did you miss the whole charade where Dell stockholder filed against Dell for not sharing the fact (and the money?) that Dell was receiving as payments from Intel?
Something that stopped promptly right before Dell started offering AMD..
Actually, the cost of storing 4 million emails (a number that would obviously increase over time) a month for 3 years, many containing attached sensitive documents, some rather large, would be astronomical even for large companies like Intel. Besides we are only talking about a few emails here where Intel has already sent millions of documents to AMD.
I didn't see anything in that article that said how long companies are required to retain email. It sounds like companies are responsible for creating their own control measures. Considering the fact that Intel generates over 4 million emails per month, it would be quite a task to retain those for 2 years........
This is BS. Lets do the math
(At 0.5MB* per email) X (4million email/month) = (2 million MB/month)
(2 million MB/month) X (12months) = (24 million MB/year)
(24 million MB/year) / (500GB drives) = (48 (500GB) drives)
(48 (500GB) drives) X ($200USD/per drives**) = $9600/year
Therefore less the $10,000 a year to back up emails.
*average email is way less then this
**average 500GB drive is less then this
Are you telling me a multi-billion dollar company like Intel who spends multiple millions on advertising doesn't have the money to spend on archiving their own email.
Intel should be forced to give %50 of all profits to AMD from the last 10 years.
Actually, the cost of storing 4 million emails (a number that would obviously increase over time) a month for 3 years, many containing attached sensitive documents, some rather large, would be astronomical even for large companies like Intel. Besides we are only talking about a few emails here where Intel has already sent millions of documents to AMD.
( 2880 GB / 0.75 GB [Seagate] = 3840 HDD drives
Of course the data is not stored on hdd but it might be easier to get a picture)
Dude, nobody is going to use a 0.75GB drive. Did you mean 0.75TB? Cuz that'd be more realistic. In which case, with your numbers, it'd be four drives. Heck, my PC at home can handle that much.
and as were all seeing, it would be nearly impossible, and entirely inexcusable for intel (who is one of the largest IT corporations), to just *lose, and not be aware*, of some potentially very important documents (in the form of emails)... even the average user makes backups of their data, or at least should if they dont... ...so there would be absolutely no excuse for intel not to, unless they (or employee(s)) decided to intentionally remove it from however many backups they may have
...and even then, though the cost may be relatively high... remnants of the data *could* still be recovered, in some form, if its stored digitally anyhow... unless the storage medias were removed entirely, but that might cause losing other important data even, even more likely
I didn't see anything in that article that said how long companies are required to retain email. It sounds like companies are responsible for creating their own control measures. Considering the fact that Intel generates over 4 million emails per month, it would be quite a task to retain those for 2 years........
This is BS. Lets do the math
(At 0.5MB* per email) X (4million email/month) = (2 million MB/month)
(2 million MB/month) X (12months) = (24 million MB/year)
(24 million MB/year) / (500GB drives) = (48 (500GB) drives)
(48 (500GB) drives) X ($200USD/per drives**) = $9600/year
Therefore less the $10,000 a year to back up emails.
*average email is way less then this
**average 500GB drive is less then this
Are you telling me a multi-billion dollar company like Intel who spends multiple millions on advertising doesn't have the money to spend on archiving their own email.
Intel should be forced to give %50 of all profits to AMD from the last 10 years.
PS. Best Buy sucks!
You're oversimplifying. First off, you're calculating based on the cost/size of today's HDDs. Second you have to keep in mind those HDDs wont just be floating somewhere in a miracle room that doesn't cost anything where HDDs never fail and never need to be maintained.
