Posts Tagged: trade

Apple reaches possible settlement with the startup it sued for trade secret theft

Apple has reached a possible settlement with Rivos, the Mountain View startup it accused in 2022 of poaching its employees and stealing its trade secrets. In the companies' filing seen by Bloomberg and Reuters, they told the US District Court for the Northern District of California that they have signed an agreement that "potentially settles the case." Their deal would allow Apple to conduct a forensic examination of Rivos' systems, as well as of its activities. 

When the iPhonemaker sued Rivos, it said the startup led a "coordinated campaign" to hire away employees from its chip design division. Apple also accused the defendant of instructing the employees it hired away to steal presentations and other proprietary information for unreleased iPhone chip designs that cost billions of dollars to develop. Rivos countersued Apple last year, accusing the larger company of restricting employees' ability to work elsewhere and of hindering emerging startups' growth by using anticompetitive measures. 

The court dismissed Apple's trade secret claims against Rivos in April 2023, though the company was allowed to file a revised complaint. Apple already settled with its six former employees who filed a countersuit against the iPhonemaker along with Rivos after they dropped their claims against each other last month. Both companies are now requesting the court to put their cases on hold until March 15, when they expect the settlement to be completed. 

This article originally appeared on Engadget at https://www.engadget.com/apple-reaches-possible-settlement-with-the-startup-it-sued-for-trade-secret-theft-121513902.html?src=rss
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics

Land The Galaxy S24 Ultra For As Low As $550 With Trade In

Pre-order the Samsung Galaxy S24 Ultra and save up to $ 870 when trading in your old device with a free bump in storage and up to $ 150 in store credit
TalkAndroid

China’s new AI trade rules could hamper a TikTok sale

TikTok’s attempt to sell itself and avert a possible US ban may run into some complications. The Wall Street Journal reports that China has unveiled new restrictions on AI technology exports that could affect TikTok. The new rules bar the exports of…
Engadget RSS Feed

Ford hopes you’ll trade some privacy for discounted car insurance

Ford thinks it has a way to make car insurance more appealing: taking advantage of the data available from connected cars. It's teaming up with Nationwide to introduce its own take on usage-based insurance. If you have one of several 2020 Ford or L…
Engadget RSS Feed

Ask Engadget: What tech can help me survive a trade show?

This week's question asks about technology that can make a massive trade show a lot easier. Weigh in with your advice in the comments — and feel free to send your own questions along to ask@engadget.com! I just worked my first CES, and it was a rou…
Engadget RSS Feed

Hackers targeted BMW, Hyundai in hunt for trade secrets

Two of the world's larger car makers were the victims of a sophisticated (but still not very successful) hacking campaign. Bayerricscher Rundfunk has learned that intruders from the hacking group OceanLotus slipped into the networks of BMW and Hyund…
Engadget RSS Feed

Huawei releases earnings for the first half of 2019 instead of Q2 to hide trade ban damage

Huawei has released their most recent earnings report, but there’s something a little strange with the timing. Instead of releasing their report on Q2 2019, Huawei is going to be talking about the first half of 2019 instead. Pretty odd, but there’s a reason for that. Huawei’s first half of 2019 has legitimately been fantastic. […]

Come comment on this article: Huawei releases earnings for the first half of 2019 instead of Q2 to hide trade ban damage

Visit TalkAndroid


TalkAndroid

After Math: It’s trade show season

Ah June, the January of summer. With Computex winding down and E3 getting started, the weeks are just going to be packed with new gadgets and forward-looking announcements. Oh yeah, Apple had a keynote this past week as well but since there weren't a…
Engadget RSS Feed

HTC details its Black Friday and Cyber Monday deals, offers a free One A9 if you trade in your iPhone

With Black Friday and Cyber Monday looming large over the horizon, HTC revealed its deals for the pair of fiscal holidays. Interestingly, the main deal seems to be a free One A9, though there are a few caveats.

The post HTC details its Black Friday and Cyber Monday deals, offers a free One A9 if you trade in your iPhone appeared first on Digital Trends.

Android Army»Digital Trends