Question about Open Source Software

Even though the idea of Open Source sounds very attractive for it is free and distributive, the concerns is centralized at the accountability of the open source program since the final product is worked by many people who may or may not be trustworthy.  Any of its author can conveniently leave a "back door" in the code which makes the users' computers vulnerable.  When the software is wanted in important fields, such as finance, or national defense. The cost of investigating such program may be too huge which can potentially be higher than the cost of developing the same software privately.

Facebook IPO

Facebook, which owns personal information of hundreds of millions of users as it prepares to list on Wall Street.   Facebook has filed paperwork for an initial public offering recently seeking to raise $5 billion.  The company’s valuation was estimated to be as much as $100 billion, and the IPO shares may be five times as expensive as Google.  

One may argue that Facebook user and their private information are ,structured into financial product to be traded on stock exchange.   Facebook is giving its users something unpleasant to think about: Their personal information is helping to make rich people even richer.   Once it becomes public, the company’s financials will be tested by the naked capitalism. As a listed company, it will be under pressure to maintain certain growth rate expected by analysts and shareholders which means Facebook will continue to push users to share more information or engage in more online social activities with one another and with advertisers.   Facebook may adopt more business practices such as capturing and reselling data to developers and others that create new applications or services and advisers.  When the actions of Facebook are linked to greater level of monetary means, the users will find themselves increasingly vulnerable to potential privacy violation. 

Privacy has long been a sensitive issue for Facebook, and now it’s just been placed in the spotlight more than ever.

Feb 5, Blog Created, Who do you want to work for in the future?

First Post, Blog Created :)

Hi to all of you...who are in CSC300! And also hi to anyone who is not :p

Have you dream to work in a big software company?
Here is a list of biggest software giant you can choose from!

Global Software Top 10:

Microsoft number 1! no wonder why Bill Gate is so rich...

To me, I like Activision Blizzard, which is the by far the most innovative game developer in the world making Warcraft series, Starcraft one and two, World of Warcraft and many more.  

Which one is your favorite software company?