Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
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Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
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Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#3> If tech companies fail to comply with the new law, they could face fines of up to 3 percent of their South Korea revenue.
Is this appstore revenue or total revenue? If they charge a 30% commission, is a 3% fine incentive to stop?
Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#4Probably in like a 401k or something?
Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#5Probably in like a 401k or something?
Owning Apple stock in a 401k wouldn’t reduce the appearance of impropriety.
Having exposure to Apple because it’s a component of a broad market ETF that one owns, on the other hand, would.
Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#6Who doesn't own, nowadays?
Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#7"His ownership of stock neither affected nor impacted his decisions in this case."
Like any human can ascertain this about themselves.
Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#8Probably in like a 401k or something?
Owning Apple stock in a 401k wouldn’t reduce the appearance of impropriety. Having exposure to Apple because it’s a component of a broad market ETF that one owns, on the other hand, would.
> "Judge Conley informed me that it has been brought to his attention that while he presided over the case he owned stock in Apple," writes Joel Turner, the court's chief deputy clerk.
That definitely makes it sound like it was a component of something else.
Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#9"His ownership of stock neither affected nor impacted his decisions in this case." Like any human can ascertain this about themselves.
I mean, it is possible and even likely for a person to own stock in a company without knowing it. Indexes are a very common way of investing nowadays, and many people don't go below that layer of abstraction to see in which companies the money ends up.
Not to say that good intent should be assumed in legal matters, but I can see it happening.
Re: Judge in Nokia and Apple lawsuit owned Apple stock during proceedings
#10> If tech companies fail to comply with the new law, they could face fines of up to 3 percent of their South Korea revenue. Is this appstore revenue or total revenue? If they charge a 30% commission, is a 3% fine incentive to stop?
I think you meant to post in this thread instead: https://news.ycombinator.com/item?id=28366063