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Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by LatteLazy on Wednesday May 05, 2021 @05:30AM (#27047880)
In 10 years I've never seen this happen in finance. Quite the opposite in fact: gifts bigger than a cup of coffee must be reported.
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by steve19 on Wednesday May 05, 2021 @05:41AM (#27047944)
Nobody know's what is not declared. The Pentagon had a problem with defense contractors getting around the rules by instead holding elaborate dinner parties. They since cracked down on it. The rules still allow some scope for these kind of gifts. [0]

In the private sector it is not unheard of for a salesperson to drop 5 figures on champagne. If salesman from firm A is willing to give an exec or buyer a night to remember once or twice a year, with booze costing one or two weeks salary before tax, and the salesperson from firm B simply sends a "happy holidays" card once a year, it can easily sway that exec even if they believe they are unbiased.

[0] https://dodsoco.ogc.osd.mil/Portals/102/gifts.pdf

Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by taurath on Wednesday May 05, 2021 @06:28AM (#27048232)
"This extremely cheap knockoff of a 17th century highly valuable ceramic pot is only valued at $45, which happens to come in $5 under the allotment for bribery in your company policy"
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by exdsq on Wednesday May 05, 2021 @07:58AM (#27048788)
Reminds me of this sketch

https://youtu.be/bbTfR64PArU

Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by maxwelldone on Wednesday May 05, 2021 @09:15AM (#27049427)
Yes, Minister and Yes, Prime Minister are brilliant shows.
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by taurath on Wednesday May 05, 2021 @09:34AM (#27049603)
Exactly the one I was thinking of :)
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by praptak on Wednesday May 05, 2021 @06:48AM (#27048333)
Serious bribes either don't look like gifts or don't even go directly to the person who is being bribed. There are "industry conferences" organized in expensive resorts. In a recent case in Poland a CEO of a company bought his apartment for approximately a half of the market price.

For the really big bribes there are shell companies, which the vendor hires as subcontractor to get "consulting services".

Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by KptMarchewa on Wednesday May 05, 2021 @06:57AM (#27048386)
>In a recent case in Poland a CEO of a company bought their apartment for approximately a half of the market price.

The "CEO" in question is in practice political commissar of the ruling party.

Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by praptak on Wednesday May 05, 2021 @08:40AM (#27049126)
Yes but they still cannot be too open about corruption.
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by mschuster91 on Wednesday May 05, 2021 @06:22AM (#27048181)
Netskope has an awfully big list of customers (https://www.netskope.com/customers) despite having a product that is absolute crap for the end users. I cannot imagine why any executive worth their salt would decide to purchase it without some form of incentive.
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by LatteLazy on Wednesday May 05, 2021 @06:29AM (#27048237)
What's that quote about not mistaking incompetence for malice?

Also, there is always about 10 times more legacy shit than decent new software in any org. That's the ultimate goal for many companies: not even good (let along best) quality but essential because we built something a decade ago to go with it and no one wants to undo all that convoluted undocumented bs. It's sad and I think tech people like me don't "get" it. But it's actually a much better business model than making good software and competing on price/quality.

I worked for plenty of good and shitty software companies. I've never seen bribery. I have seen shitty companies win because they're bigger or older or what was used last time or more polished at speaking to execs who know nothing. One place I worked at made most of its sales because we were a subsidiary of a stock exchange. So people assumed we were safe and competent (we weren't). "No one gets fired for choosing IBM" AND "No one gets a bonus for choosing something better but less well known, quite the opposite, they have to justify it"

Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by tonyedgecombe on Wednesday May 05, 2021 @06:55AM (#27048375)
Those customers ought to be looking at the process leading to purchase and wondering who got a bung in that process.
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by exhilaration on Wednesday May 05, 2021 @09:24AM (#27049511)
I see Netflix is no longer on the list!
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by FartyMcFarter on Wednesday May 05, 2021 @05:38AM (#27047931)
Lots of things "must" happen but don't.
Re:Ex-Netflix VP found guilty of awarding tech contracts in ... by bongobingo on Wednesday May 05, 2021 @08:29AM (#27049033)
Probably because finance people know to not accept such obvious bribery.