"Apple Settles Trade Secrets Lawsuit with Chip Startup Rivos"

Apple plans to settle a lawsuit against tech startup Rivos, which it accused of stealing trade secrets related to computer-chip technology. The settlement agreement allows Apple to examine Rivos' systems and recover any confidential information. Apple had sued Rivos in 2022, alleging that the startup had hired away its engineers and used confidential information to develop competing "system-on-chip" technology. Rivos denied the allegations and countersued Apple for unfair competition. Apple settled related claims last month against six former employees who joined Rivos.