News for hackers. Stuff that matters.
Re:Former Netflix executive convicted of receiving bribes fr... by jnwatson on Tuesday October 19, 2021 @12:50PM (#28920295)
The weird aspect of the whole thing is that if the exec were a corporation, it would have been legal.
Re:Former Netflix executive convicted of receiving bribes fr... by JumpCrisscross on Tuesday October 19, 2021 @01:21PM (#28920732)
> if the exec were a corporation, it would have been legal

No. It would not.

"Kail approved contracts to purchase IT products and services from smaller outside vendor companies and authorized their payment." This is a commonly outsourced function. If I hire a company to manage my IT procurement and learn they're getting undisclosed kickbacks, they'd be breaking the same laws Kail did.

Re:Former Netflix executive convicted of receiving bribes fr... by s1artibartfast on Tuesday October 19, 2021 @02:31PM (#28921632)
It depends on the fine points of if the company is managing procurement or selling 3rd party services to fit a need. If the latter, it is a markup, not a kickback
Re:Former Netflix executive convicted of receiving bribes fr... by elliekelly on Tuesday October 19, 2021 @01:06PM (#28920525)
Well you can’t exactly defraud yourself, can you?
Re:Former Netflix executive convicted of receiving bribes fr... by computermagic on Tuesday October 19, 2021 @01:07PM (#28920532)
This was exactly what I was thinking. Shouldn't the real point to this be we need to make this illegal across the board. It doesn't seem like it would have suddenly made more sense if Netflix got the kickback.
Re:Former Netflix executive convicted of receiving bribes fr... by H8crilA on Tuesday October 19, 2021 @11:27PM (#28926417)
How would Netflix get a kickback paid from money from Netflix?