by Mike Masnick
Thu, Oct 25th 2007 3:16pm
DirectRevenue was considered one of the worst adware/spyware firms out there for many years. The company was famous for changing names every time people started to figure out how sleazy the company's marketing techniques were, and then repeatedly claiming it had cleaned up its practice of sneaky installs when the reality was that it kept doing the same thing. Eventually, the company was sued and paid a $1.5 million fine -- significantly less than the $28 million in profits the firm's founders apparently had made (and the $80 million the company had brought in over the years). Either way, now that the lawsuits appear to be done, and the fact that it's pretty difficult to make any money in that business without surreptitious installs, the company is shutting down. I'm sure the founders who walked away with all that money aren't too upset by it, however.
If you liked this post, you may also be interested in...
- A Bit Late, But Lenovo CTO Admits The Company Screwed Up
- Microsoft Steps In To Clean Up Lenovo's Superfish Mess -- While Lenovo Stumbles And Superfish Remains Silent
- This Week In 'The NSA Knows F**king Everything': How It Hacked Most Hard Drives And SIM Cards
- Lenovo In Denial: Insists There's No Security Problem With Superfish -- Which Is Very, Very Wrong.
- Chinese Newspaper And Citizens Find Spyware Purchase Orders On Dozens Of Police And Local Government Web Sites