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The purpose of prohibiting trade secret infringement is to avoid unfair advantage. [citation needed] One defendant had retired from the company but privately kept a copy of the source code and provided it to a rival company, shortening the rival company's development period by two months. The Court ruled that the GPL was not material to the case.
The companies said in a joint statement the terms of the settlement were confidential and would allow them to "explore new opportunities for collaboration." GlobalFoundries bought IBM's ...
Apple sued "stealth" startup Rivos in 2022. It said Mountain View, California-based Rivos had hired away dozens of its engineers and used its confidential information to develop competing "system ...
On January 18, 2022, Microsoft announced its intention to acquire Activision Blizzard for US$68.7 billion, following the company's acquisition of ZeniMax Media for US$7.5 billion in March 2021 and amid a workplace misconduct lawsuit filed against the company by the California Department of Fair Employment and Housing.
The case In re Apple iPod iTunes Antitrust Litigation was filed as a class action in 2005 [9] claiming Apple violated the U.S. antitrust statutes in operating a music-downloading monopoly that it created by changing its software design to the proprietary FairPlay encoding in 2004, resulting in other vendors' music files being incompatible with and thus inoperable on the iPod. [10]
The trial, involving salacious allegations of corporate espionage, racketeering and a secret database of rivals' technology, promises to keep Huawei in the spotlight amid a U.S. blacklisting and ...
On July 27, 2022, the Federal Trade Commission (FTC) filed an antitrust lawsuit against Meta Platforms in the Northern California U.S. District Court requesting a temporary restraining order and preliminary injunction to block its acquisition of Within Unlimited under the Federal Trade Commission Act of 1914.
A trade secrets lawsuit brought by Canada's Bombardier Inc against the aircraft unit of Mitsubishi Heavy Industries Ltd should be dismissed because the allegations are baseless and designed to ...