I came across a very interesting report about the ethical scandals being caused by tech companies. The article states that more than 75 technical companies have revealed ethical violations in recent months. This is astonishing given the fact that there are passionate customers behind all these companies. However, although many tech companies are having pr problems, their shareholders don’t seem to be bothered. For example, Shares of Take-Two have doubled since the company revealed a Fraudulent results on an accounting investigation in July. There are many other tech companies who have revealed similar accounting problems, however the their stock hits are not being affected. I guess people are too concerned about making money, and don’t seem to worry about the ethical consequences. Another great example is Yahoo’s input with doing business in China where the government s and monitors Internet use for signs of rebellion. Yahoo simply says that China should feel grateful of having restricted internet access because “limited” is better than “nothing”.This is an interesting article…if you want to read more:
http://news.yahoo.com/s/usatoday/20070411/tc_usatoday/techcompaniescaughtinwebofethicsissues
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