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Coca-Cola Insider Tried Selling Secrets To Pepsi. What Happened Next
A 41-year-old secretary at Coca-Cola's global headquarters was arrested for attempting to sell highly confidential trade secrets of a new product to Pepsi.
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Infosys Stole Our Trade Secrets, Cognizant Alleges, Files Suit In US Court
Cognizant TriZetto Software Group Inc has filed a case against Infosys Limited in a US court over alleged misappropriation of trade secrets, breach of contract, and unfair competition.
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Tesla Sues Ex-Supplier Over Stealing EV Battery Trade Secrets
Tesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla's battery-manufacturing process and sharing them with the electric-vehicle giant's competitors.
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US Court Levies $194 Million Penal Charges On TCS: Report
A US court has ruled that Tata Consultancy Services is liable for misappropriation of trade secrets and levied penal charges of around USD 194 million on the IT major, a regulatory filing said on Friday.
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Apple to Settle Trade Secrets Lawsuit With Chip Startup Rivos
Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computer-chip technology. The companies told the US District Court for the Northern District of California that they had "signed an agreement that potentially settles the case," and that the agreement allows Apple to examine Rivos' systems and r...
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Ex-Apple Employee, Who Stole Project Titan Secrets, Jailed For 4 Months: Report
Six years after US authorities charged Xiaolang Zhang, a former Apple engineer, with stealing trade secrets of the company's Project Titan, a California judge sentenced him to 120 days in jail.
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US Man Reveals How He Looted $300,000 From Strangers' Bank Account By Hacking Into Their iPhones
A man in the United States, who is serving a 94-month sentence for stealing hundreds of iPhones, has spilled his secret of the criminal trade and disclosed how one can protect oneself from such thefts.
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TCS To Take $125 Million Hit To Q3 Earnings Over US Trade Secret Lawsuit
Tata Consultancy Services (TCS) on Tuesday said it would make a $125 million provision in its third-quarter results in relation to a trade secret lawsuit filed by US-based Epic Systems.
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US Warns Its Space Industry Against Cyberattacks, Hacking by Foreign Entities
US counterintelligence agencies on Friday warned the American space industry to guard against efforts by foreign intelligence entities to steal research and trade secrets as they try to boost their own countries' space programs. US authorities have for years said Chinese hackers are targeting US space know-how, including having accessed computers ...
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Twitter Could Face Difficulties Showing Meta Stole Trade Secrets for Threads
Twitter's claim that Meta Platforms stole trade secrets to build its new microblogging site may be the first volley in a legal battle between the social media giants, but experts say Twitter would have to clear a high hurdle if it sues. In a letter sent on Wednesday, Twitter alleged that Meta used its trade secrets to develop its new social media...
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Disgruntled Employee, China: The Secret Plot To Steal A Coca-Cola Formula
Anytime a company lays someone off, there's a possibility the person will take something with them. Coke, holder of the world's most famous trade secret, was particularly attuned to that risk.
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Apple, Masimo Smartwatch Trade Secrets Lawsuit Ends in Mistrial After Jurors Fail to Reach Verdict
A US judge in California on Monday declared a mistrial in Masimo's smartwatch trade secret lawsuit against Apple Inc after jurors failed to reach a unanimous verdict in the potential billion-dollar case.
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Tesla Settles With Engineer Accused Of Taking AI Trade Secrets
Tesla Inc has settled a lawsuit against one of its former engineer, Alexander Yatskov, whom it accused of stealing trade secrets related to its AI-training supercomputer Dojo, according to a filing on Wednesday in San Francisco federal court.
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Meta, Sued By US Startup For "Stealing" Its Trade Secrets, To Face Trial
Meta will have to face a trial over accusations that it took Neural Magic's algorithms that enable AI systems to process information more quickly, the court said.
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Binance's US Partner Confirms Role of Trading Platform in Operating CEO Zhao's Firm
The US partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform. Reuters reported on Thursday that Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums of money from the ...
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Coca-Cola Insider Tried Selling Secrets To Pepsi. What Happened Next
A 41-year-old secretary at Coca-Cola's global headquarters was arrested for attempting to sell highly confidential trade secrets of a new product to Pepsi.
-
Infosys Stole Our Trade Secrets, Cognizant Alleges, Files Suit In US Court
Cognizant TriZetto Software Group Inc has filed a case against Infosys Limited in a US court over alleged misappropriation of trade secrets, breach of contract, and unfair competition.
-
Tesla Sues Ex-Supplier Over Stealing EV Battery Trade Secrets
Tesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla's battery-manufacturing process and sharing them with the electric-vehicle giant's competitors.
-
US Court Levies $194 Million Penal Charges On TCS: Report
A US court has ruled that Tata Consultancy Services is liable for misappropriation of trade secrets and levied penal charges of around USD 194 million on the IT major, a regulatory filing said on Friday.
-
Apple to Settle Trade Secrets Lawsuit With Chip Startup Rivos
Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computer-chip technology. The companies told the US District Court for the Northern District of California that they had "signed an agreement that potentially settles the case," and that the agreement allows Apple to examine Rivos' systems and r...
-
Ex-Apple Employee, Who Stole Project Titan Secrets, Jailed For 4 Months: Report
Six years after US authorities charged Xiaolang Zhang, a former Apple engineer, with stealing trade secrets of the company's Project Titan, a California judge sentenced him to 120 days in jail.
-
US Man Reveals How He Looted $300,000 From Strangers' Bank Account By Hacking Into Their iPhones
A man in the United States, who is serving a 94-month sentence for stealing hundreds of iPhones, has spilled his secret of the criminal trade and disclosed how one can protect oneself from such thefts.
-
TCS To Take $125 Million Hit To Q3 Earnings Over US Trade Secret Lawsuit
Tata Consultancy Services (TCS) on Tuesday said it would make a $125 million provision in its third-quarter results in relation to a trade secret lawsuit filed by US-based Epic Systems.
-
US Warns Its Space Industry Against Cyberattacks, Hacking by Foreign Entities
US counterintelligence agencies on Friday warned the American space industry to guard against efforts by foreign intelligence entities to steal research and trade secrets as they try to boost their own countries' space programs. US authorities have for years said Chinese hackers are targeting US space know-how, including having accessed computers ...
-
Twitter Could Face Difficulties Showing Meta Stole Trade Secrets for Threads
Twitter's claim that Meta Platforms stole trade secrets to build its new microblogging site may be the first volley in a legal battle between the social media giants, but experts say Twitter would have to clear a high hurdle if it sues. In a letter sent on Wednesday, Twitter alleged that Meta used its trade secrets to develop its new social media...
-
Disgruntled Employee, China: The Secret Plot To Steal A Coca-Cola Formula
Anytime a company lays someone off, there's a possibility the person will take something with them. Coke, holder of the world's most famous trade secret, was particularly attuned to that risk.
-
Apple, Masimo Smartwatch Trade Secrets Lawsuit Ends in Mistrial After Jurors Fail to Reach Verdict
A US judge in California on Monday declared a mistrial in Masimo's smartwatch trade secret lawsuit against Apple Inc after jurors failed to reach a unanimous verdict in the potential billion-dollar case.
-
Tesla Settles With Engineer Accused Of Taking AI Trade Secrets
Tesla Inc has settled a lawsuit against one of its former engineer, Alexander Yatskov, whom it accused of stealing trade secrets related to its AI-training supercomputer Dojo, according to a filing on Wednesday in San Francisco federal court.
-
Meta, Sued By US Startup For "Stealing" Its Trade Secrets, To Face Trial
Meta will have to face a trial over accusations that it took Neural Magic's algorithms that enable AI systems to process information more quickly, the court said.
-
Binance's US Partner Confirms Role of Trading Platform in Operating CEO Zhao's Firm
The US partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform. Reuters reported on Thursday that Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums of money from the ...
