Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 09 August 2010 10:32

Compression conman faces sentencing

Written by Nick Farell
y_handcuffs

It will make me richer than Bill Gates
The kiwi who claimed that his compression technology would make him richer than Bill Gates will face sentencing tomorrow.

Philip James Whitley told investors that he had invented a revolutionary form of data compression and managed to rustle up $5.3 million in investment. At one point he had his own bodyguards, owned two black 300C Chryslers, and bought a $2 million mansion in Redwood Valley.

He has now been charged with two counts of making a false statement as a promoter in 2007. Needless to say his claims were a little incorrect. Whitley's company NearZero did really well on claims that he had  invented and patented a revolutionary "lossless" method of compressing data.

When he was convicted in May, the court heard how the technology could not have been patented because it didn't exist, and that Whitley's presentation to investors, and the documentation he supplied to investors, were false.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments