201–210 of 372 posts
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They are likely to claw back all of that money, if it's determined to be illegitimate as part of this case.
His bonus at Google predates any of this.
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> relieving letters and bonds I don't know what a relieving letter is and I only know of a bond as a debt instrument. Can you explain?
I might be simplifying it but: A reliving Letter is document that your employer must (effectively) provide so you can resign and work for some one else, they can hold you hostage. Bond in this term refers to "An employment bond contains a clause which requires the employee to serve the employer compulsorily for a specific period of time or else refund the amount specified as bond value." Basically an indentured serva…
What is the enforcement mechanism for the relieving letter? Like, what stops someone from getting a new job without having a relieving letter from the prior employer?
Is this common in India for engineers?
You said the US does ask for relieving letters but I think from context you mean "at least the US doesn't ask for relieving letters." Right?
"Theft of trade secrets" is how Silicon Valley was built. Fairchild was "theft of trade secrets" from Shockley; Intel was "theft of trade secrets" from Fairchild. When Camenzind left Signetics and designed the 555 (under contract to Signetics), he was "using trade secrets" of Signetics; in today's legal environment, they could have just ordered him to stick around as an employee and work on a less risky project. MOST…
edit: quoted "ripped off" due to correction from response, it was a legal deal.
The level of greed, hubris and stupidity of some people never ceases to amaze me. Levandowski was paid a bonus of $120 million while at Google, which is more money than any reasonable person will need for several lifetimes. This was actually a running joke at Google (while I was still there) to describe $120M as "1 Levadownski". Like Sundar one year was described as earning "only 1.7 Levadownskis" (he got paid $200M…
The max fine of $8m is tiny compared to what he made.
Restitution to injured parties is available for the charges here on top of fines, and the DoJ has also included a non-specific criminal forfeiture allegation against any property used in, intended to be used in, or directly or indirectly derived from the charged offenses.
So if he made anything (or deprived anyone of any value) from his crimes, he could pay that back on top of the fines, potentially.
The level of greed, hubris and stupidity of some people never ceases to amaze me. Levandowski was paid a bonus of $120 million while at Google, which is more money than any reasonable person will need for several lifetimes. This was actually a running joke at Google (while I was still there) to describe $120M as "1 Levadownski". Like Sundar one year was described as earning "only 1.7 Levadownskis" (he got paid $200M…
I don’t know details about his work at Google but it isn’t uncommon for people who have gotten caught criminally to have done plenty to push the envelope over the years, with actions going from ok, to aggressive, to sleazy, to unethical (but still legal), to unethical (possibly civil offenses), and eventually to criminal. It isn’t usually that someone turns overnight. Again, I don’t know details here but if you see p…
That's actually part of espionage 101- pressuring a person through each little step on the ladder so that they can get all the way up to straight-up criminal behavior without ever doing anything that much worse than they did the week before.
I'm not saying this is an incident of espionage, just that espionage folks have recognized what you pointed out, and basically made it a step by step formal process.
What has he actually accomplished? All I've read is that he built a self-driving motorcycle for the Grand Challenge, but IIRC his motorcycle made it about 25 feet before falling over.
But he didn't take the engineer/entrepreneur route. He took the corporate espionage route and just stole stuff from one company so that another company would profit, in the process further enriching himself.
At one point he was a good engineer. Then he became just another greedy executive.
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If he thought it was close to roll-out and worth billions, he's more a lucky manager than an actual engineer. Which makes his criminality far more understandable.
I have no love for the guy, but by all accounts he invented a lot of the core tech he stole.
"Theft of trade secrets" is how Silicon Valley was built. Fairchild was "theft of trade secrets" from Shockley; Intel was "theft of trade secrets" from Fairchild. When Camenzind left Signetics and designed the 555 (under contract to Signetics), he was "using trade secrets" of Signetics; in today's legal environment, they could have just ordered him to stick around as an employee and work on a less risky project. MOST…
Not sure how true this is, but I heard Oracle "ripped" off Sybase's code base at some early point... Where's Sybase now and where's Oracle, eh? :) edit: quoted "ripped off" due to correction from response, it was a legal deal.
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Governments do not prioritize the freedom of their subjects; it's contrary to the incentives of everyone in the government. People win freedom by limiting the powers governments have over them.
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Also, please don't take HN threads further into generic ideological battle. That's always tedious and usually nasty.
https://news.ycombinator.com/newsguidelines.html
Edit: looks like we've had to ask you this a bunch of times before. Continuing to violate the site guidelines will get your account banned, so would you mind reviewing them and using HN as intended? We'd be grateful.