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Comment It'll happen to everything... (Score 1) 78

If you buy something that has a cloud based anything, that doesn't have a subscription, then eventually it'll get shut down or turned into one.
It's a bad business model to sell something that requires indefinite future resources.

And in this case, who are you going to sue? The bankrupt company?

Comment Re: The managers are full of it (Score 1) 125

Fixing their systems would take how long?
Their customers would have immediately started looking elsewhere, and invoking contract clauses so they don't have to pay.

Now the company has no revenue or customers. And no one trusts them anymore. Explain how to recover from that. Better to cut losses than slowly bleed out.

Comment Re: Backups often won't help (Score 1) 125

The you still lost all your current data. All your current customers are going to pick a new logistics company. They're not going to wait around while you fix your shit.

If you can recover, how are you going to get these customers back? You're no longer trusted. They've already spent the cost to move to your competitors.

They probably figured it would be better to shut down the company now, than wait for it to lose all its money and go into liquidation. Why would the owners risk losing everything? Limited liability company's don't protect directors from negligence. If they know they couldn't financially recover, continuing is a personal risk.

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