But for all the talk of shutting down trading desks and reassigning employees to prepare for the Volcker Rule, proprietary-style trading will probably survive, if under a different name.
As the Times reporters write, "For all the talk of shutting down trading desks and reassigning employees to prepare for the Volcker Rule, proprietary-style trading will probably survive, if under a different name".
Because open-source software is free and easy to use, it can spread virally through organizations, from the bottom up, in ways that old-style, proprietary software cannot.
On the product development front, GWI says it's working to develop new ways of collecting consumer data — having developed a proprietary, device-agnostic "messenger-style survey tool" which Smith says allows respondents to "answer questions at times and in formats which suit them".
"StudiVZ has stolen not only Facebook's features, but also its look, its feel, its design, much of its Web site functionality, and other proprietary intellectual property such as style sheets," read Facebook's 112-page complaint.
Also in 2010, Steve Jobs wrote an open letter to the universe, titled "Thoughts on Flash," in which he proclaimed that HTML5-style Web technologies were the way forward, not Adobe's proprietary Flash platform (which performs many of the same complex application-style tasks as HTML5, but which did not, and does not, run on an iPhone).
Though the chassis would be shared, the plan calls for each vehicle to have distinct styling and use "specific proprietary engines unique to each brand".
Its Online Gallery gives access to 30,000 images from various medieval books, together with a handful of exhibition-style items in a proprietary format, such as the Lindisfarne Gospels.
"They've really worked on their styling, and they've got a relatively proprietary motor, and they've really got their price points in line," he said.
