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Comment: Re:And? (Score 1) 543

by LogicHoleFlaw (#28454191) Attached to: SSN Required To Buy Palm Pre

Actually, it does cost Sprint money. If a credit card charge is declined the card issue charges Sprint a fee. Failed billing is actually a huge issue for telecommunications companies.

I wrote billing software for a large telecommunications company and dealt directly with this issue. Something like 40% of all attempted credit card charges failed for one reason or another. That is a lot of money lost to no good end.

I implemented the system which would attempt to authorize (not withdraw) one month's worth of billing from new credit card signups. It is amazing how many people hit their credit limit when you check to see if $45 is there. And even then a large number of those who pass that check will fail to pay their bill when you attempt to charge.

Asking for (and storing! WTF) SSNs to sign up for a service contract is heinous, I agree. But there is a *lot* of money lost to attempting to charge the credit cards of people who then fail to pay their bills.

United States

+ - Wikia busted purchasing FFXIClopedia for $200,000?

Submitted by
An anonymous reader writes "Final Fantasy XI (FFXI), Square-Enix's unique entry into the MMORPG
market, is not the most popular of the genre. Nonetheless, one of its
strengths lies in the broad community support that it inspires in its
fans. A number of unique metadata sites have sprung up around it,
including the groundbreaking FFXIAH (http://www.ffxiah.com) Auction
House tracking service.

One of the newer entries to this list is FFXIclopedia
(http://www.ffxiclopedia.org), an FFXI wiki. As with most wikis, the
content was provided principally by the users and the community. So
what happens when businesses notice such a grass-roots niche market?
Apparently, the answer is: a cover-up of misspent fund-raiser moneys,
and a sale of the content to Wikia for USD $200,000 in cash and stock
options. Source: http://euphidime.com/wp/?p=4"

An inclined plane is a slope up. -- Willard Espy, "An Almanac of Words at Play"

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