He founded Gemstar in 1986. Called a "patent terrorist" for his aggressive litigation regarding the company's patent portfolio,[3][4] he was also lauded as "the Bill Gates of TV", even negotiating a generous settlement with Microsoft for per-unit royalties and advertising revenue from Microsoft's WebTV and Ultimate TV set-top boxes. Commenting in 2001 on his approach to business, he remarked: "In business, where I am right now, the only rules that exist are the ones you make."[5] After he merged Gemstar with TV Guide - he became notorious for constructing irrational and obscure business plans that had no relevance and relationship with the realities of the media business. He was fired from Gemstar in 2003, after the company revealed criminal manipulation of revenue recognition initiated by Yuen and other accounting problems. He was convicted of securities fraud in 2006, and ordered to pay $22 million in penalties.[6] As of April 25, 2007, his whereabouts are unknown.[7]
Referencesedit
^. Businessweek.com. 2001-03-12. Archived from the original on January 23, 2011. Retrieved 2009-08-03.
henry, yuen, henry, chuen, yuen, chinese, 袁子春, born, april, 1948, shanghai, china, founder, former, gemstar, guide, international, applied, mathematics, from, caltech, worked, briefly, caltech, york, university, then, obtained, degree, from, loyola, school, fo. Henry Che Chuen Yuen Chinese 袁子春 born 7 April 1948 in Shanghai China is a founder and former CEO of Gemstar TV Guide International He has a PhD in applied mathematics from Caltech He worked briefly at Caltech and New York University then obtained a law degree from Loyola Law School 1 2 He founded Gemstar in 1986 Called a patent terrorist for his aggressive litigation regarding the company s patent portfolio 3 4 he was also lauded as the Bill Gates of TV even negotiating a generous settlement with Microsoft for per unit royalties and advertising revenue from Microsoft s WebTV and Ultimate TV set top boxes Commenting in 2001 on his approach to business he remarked In business where I am right now the only rules that exist are the ones you make 5 After he merged Gemstar with TV Guide he became notorious for constructing irrational and obscure business plans that had no relevance and relationship with the realities of the media business He was fired from Gemstar in 2003 after the company revealed criminal manipulation of revenue recognition initiated by Yuen and other accounting problems He was convicted of securities fraud in 2006 and ordered to pay 22 million in penalties 6 As of April 25 2007 his whereabouts are unknown 7 References edit BW Online March 12 2001 Resume Henry C Yuen Businessweek com 2001 03 12 Archived from the original on January 23 2011 Retrieved 2009 08 03 California State Bar Member Records Siklos Richard May 17 1999 The patent terrorist Forbes Retrieved 28 February 2012 La Franco Robert April 3 2006 The Math Whiz vs the Media Moguls in a Battle for Millions The New York Times Retrieved 28 February 2012 Mermigas Diane 3 December 2001 Patently dominant TelevisionWeek pp 19 20 Retrieved 28 August 2023 Zwahlen Cyndia Business Los Angeles Times Latimes com Retrieved 2009 08 03 dead link Spencer Jane 2007 04 25 As Fraud Case Unravels Executive Is At Large Online wsj com Retrieved 2009 08 03 External links editEarly profile Henry C Yuen on Charlie Rose Retrieved from https en wikipedia org w index php title Henry C Yuen amp oldid 1172715015, wikipedia, wiki, book, books, library,
