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Federal Trade Commission v. Microsoft Corp. and Activision Blizzard, Inc. is a lawsuit brought against multinational technology corporation Microsoft and video game holding company Activision Blizzard in 2022. The Federal Trade Commission (FTC) sought a temporary injunction against Microsoft in its effort to acquire Activision Blizzard.
A jury awarded Versata Software $105 million in a verdict against Ford Motor Co. after the automaker violated a contract and misused trade secrets.
A Canadian resident of China pleaded guilty in New York federal court on Thursday to stealing Tesla electric-vehicle battery manufacturing trade secrets and conspiring to sell them to undercover ...
The jury reached a split verdict on January 3, 2022, with Holmes found guilty of criminal fraud on four counts. [4] On November 18, 2022, she was sentenced to 11.25 years (135 months) in prison. [5] She started her 11-year prison sentence on May 30, 2023. [6] Balwani had the same charges as Holmes.
In May 2022, a jury verdict awarded Appian Corporation $2.036 billion in damages for trade secret misappropriation and a damages award of $1 for a violation of the Virginia Computer Crimes Act. [24] [25] The company will not be required to begin paying the judgement until all avenues of appeal have been exhausted. [26]
In May 2022, Appian was awarded $2.04 billion in damages against Pegasystems Inc. [36] Pegasystems was found guilty of hiring a developer to spy on Appian, stealing trade secrets in an operation Pegasystems referred to as "Project Crush."
A group of 37 Democratic lawmakers on Thursday urged the U.S. Trade Representative's office to press ahead with efforts to weaken investment protections in U.S. trade agreements after the U.S ...
Besides recruiting foreign employees to share trade secrets, another method involves cyber espionage and hacking. [10] One of the methods involves massive, broad hacks, such as 2021 Microsoft Exchange Server data breach, before sifting through the acquired data in search of valuable information. According to Microsoft, the large-scale hack was ...