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29 Year Old Programmer May Have Caused 7 Billion Dollars Worth Of Damage.
Spencer is the inventor of Asterisk, a free software program that establishes phone calls over the Internet and handles voicemail, caller ID, teleconferencing and a host of novel features for the phone. With Asterisk loaded onto a computer, a decent-size company can rip out its traditional phone switch, even some of its newfangled Internet telephone gear, and say good-bye to 80% of its telecom equipment costs. Not good news for Cisco, Nortel or Avaya.
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