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Intel 'undermined' laptop project

Haddaway   on 09 January 2008 - 13:20 · 10 comments & 5948 views

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Intel repeatedly undermined a not-for profit scheme to bring cheap laptops to children in the developing world, the head of the charity has told BBC News. Nicholas Negroponte accused Intel, which makes a rival PC, of underhand sales tactics and trying to block contracts to buy his machines. The groups united in July 2007 after a series of rows but split last week. The head of Intel Paul Otellini said an accusation that the firm had failed to deliver on promises was "hogwash". "I don't want to get into specifics but we met every obligation that we were committed to," he said.

Professor Negroponte responded: "My version of events is not hogwash. "Why would I throw away the six million dollars they were supposed to give us yesterday? Why would I do all of these things unless I was stark raving mad?" Professor Negroponte said the firm had left after a series of disputes. "They were selling laptops with their brand on it directly to exactly the same people we were talking to. They would go in even after we had signed contracts and try to persuade government officials to scrap their contract and sign a contract with them instead. That's not a partnership."

View: The full story @ BBC News

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(7 replies) #1 Foub on 09 Jan 2008 - 14:30
Intel was just being good capitalists. What is he some kind of Communist? As I've said there are far too many economic soci-paths in Corporate America. They don't know how to make an honest profit any more.
#1.1 AfroTrance on 09 Jan 2008 - 15:21
"not-for profit scheme"

...
#1.2 +njlouch on 09 Jan 2008 - 15:43
"not for profit" is 100% compatible with capitalism.

Intel were protecting their own investments elsewhere - as they have a duty to do so. Being asked to drop their own in-house initiative to solely support this one initiative would have been a bad business decision.
#1.3 Foub on 09 Jan 2008 - 17:37
Quote - (njlouch said @ #1.2)
"not for profit" is 100% compatible with capitalism.

Intel were protecting their own investments elsewhere - as they have a duty to do so. Being asked to drop their own in-house initiative to solely support this one initiative would have been a bad business decision.


Like I had said, there are far too many economic soci-paths around. It wasn't investments "elsewhere" but in the same place. That is an obvious conflict of interests......

To quote if you happened to miss it...

"They were selling laptops with their brand on it directly to exactly the same people we were talking to. They would go in even after we had signed contracts and try to persuade government officials to scrap their contract and sign a contract with them instead. That's not a partnership."

They're NOT suppose to doing this for profit at all, but for the good of the children there. They also were charging much more for their laptops and the children didn't even get to keep them as with the OLPC was doing. Intel is acting immorally in this regard.

Last edited by Foub on 09 Jan 2008 - 17:51
#1.4 Foub on 09 Jan 2008 - 17:38
Quote - (AfroTrance said @ #1.1)
"not-for profit scheme"

...


I was referring to Intel, btw.
#1.5 ivanz on 09 Jan 2008 - 20:45
"Not for profit" is a bit of a misleading term. For example, my local aiport, YVR (Vancouver International) is "not for profit" but they spend billions of various projects and their directors make tons of money. All not for profit means is that they don't have to generate profit for shareholders.
#1.6 Foub on 09 Jan 2008 - 22:09
Quote - (ivanz said @ #1.5)
"Not for profit" is a bit of a misleading term. For example, my local aiport, YVR (Vancouver International) is "not for profit" but they spend billions of various projects and their directors make tons of money. All not for profit means is that they don't have to generate profit for shareholders.


Is it any wonder that more corporations don't go to being "not-for-profit"? How about non-profit vs. not-for-profit?
#1.7 ivanz on 09 Jan 2008 - 23:20
Quote - (Foub said @ #1.6)
Quote - (ivanz said @ #1.5)
"Not for profit" is a bit of a misleading term. For example, my local aiport, YVR (Vancouver International) is "not for profit" but they spend billions of various projects and their directors make tons of money. All not for profit means is that they don't have to generate profit for shareholders.


Is it any wonder that more corporations don't go to being "not-for-profit"? How about non-profit vs. not-for-profit?


Because they need lots of investments by shareholders, which can go into the billions once they go public Plus there are some legal issues in terms of the ways they operate and how they must operate. Btw, Not-for-Profit = non-profit, at least in Canada.
#2 lbmouse on 09 Jan 2008 - 14:30
Quote -
"I don't want to get into specifics but we met every obligation that we were committed to," he said.

In other words, Intel repeatedly undermined a not-for profit scheme to bring cheap laptops to children.
#3 Unplugged on 10 Jan 2008 - 09:31
It doesent surrpise me. Intel would never do something like pay off or try to convince a company not to use a a rival.... oh wait.

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