Bell Labs - where the transistor, communication satellite, UNIX, and the C programming language were all invented - was taken over by an Indian national (Arun Netravalli) in 2003. Bell Labs is now being turned into a shopping mall because it has become unable to produce any new innovation under Netravalli.
I hate to interrupt a good copypasta against poo in loo's, but most of Bell Lab's team spun off into Lucent back in 1996. Netravalli was in charge of Bell Labs between 1999-2001, he was already out by 2003. Carly Fiorina is responsible for Lucent getting assfucked in 2000, since she did accounting bullshit to make it look like the company was fine when it was bleeding money. Then in 2001, Alcatel offered to merge with Lucent, but Henry B. Schacht refused to let Alcatel have more power. Lucent stock dropped hard, and the company started selling itself off piece by piece to stay alive. Later in 2006 when Alcatel made a similar offer with less generous terms, Lucent jumped at it.
I work in tech, and I hate poo in loo's, but Netravalli had nothing to do with Bell Labs having any issues, or Lucent's problems. Carly Fiorina was the problem for Lucent. The stagnant period at Bell Labs happened under Jeong Hun Kim's tenure, when Alcatel-Lucent decided to pull out of all major research into anything that wasn't code or networking. Please get your facts straight for future infodump copy pastas.
[–] 19471574? ago
>>13449140
Very informative, thank you.