Tag

Trade Secrets

All articles tagged with #trade secrets

Silicon Valley trio indicted for siphoning Google secrets to Iran
technology12 days ago

Silicon Valley trio indicted for siphoning Google secrets to Iran

Three Silicon Valley engineers were indicted for allegedly stealing hundreds of confidential files from Google and other tech companies and routing them to Iran, using personal devices and methods to evade detection. Google detected the theft via routine security monitoring and alerted law enforcement. The suspects face charges including conspiracy to steal trade secrets, theft and attempted theft, and obstruction of justice, with potential prison terms and fines if convicted.

Apple's Legal Battle with Leaker Jon Prosser Continues Amid Deadlines
technology4 months ago

Apple's Legal Battle with Leaker Jon Prosser Continues Amid Deadlines

Apple is suing Jon Prosser for allegedly stealing trade secrets related to iOS 26, with Prosser having acknowledged the complaint but not indicating when he will respond. A default has been entered against him, and Apple plans to seek damages and an injunction. Ramacciotti, another defendant, admits to sharing information but denies conspiracy or intent to monetize.

Apple Lawsuit Advances as Jon Prosser Misses Deadlines Over iOS 26 Leaks
technology4 months ago

Apple Lawsuit Advances as Jon Prosser Misses Deadlines Over iOS 26 Leaks

Jon Prosser claims he has been in active communication with Apple regarding a lawsuit the company filed against him for allegedly stealing trade secrets, despite court filings indicating he has not responded to the case. Apple alleges Prosser and another individual coordinated to steal and profit from Apple’s trade secrets, with the lawsuit citing specific incidents involving iOS development features. Prosser disputes the notion that he is ignoring the case.

TSMC Stock Declines Amid Trade Secret Theft Allegations
business7 months ago

TSMC Stock Declines Amid Trade Secret Theft Allegations

Shares of TSMC fell nearly 3% after reports that current and former employees stole trade secrets, leading to arrests in Taiwan. The incident highlights the intense competition in the semiconductor industry, especially with the rise of AI, where TSMC plays a crucial role as a major contract manufacturer for tech giants like Nvidia and Apple. Despite the setback, TSMC recently reported strong Q2 earnings driven by AI demand, and its stock remains up 18% year to date.

TSMC Investigates and Acts on Alleged Trade Secret Leaks
business7 months ago

TSMC Investigates and Acts on Alleged Trade Secret Leaks

Two former employees of TSMC and a third suspect have been arrested in Taiwan for allegedly stealing proprietary technology, marking the first case under Taiwan’s national security law aimed at protecting key technologies in the competitive semiconductor industry, with TSMC emphasizing its commitment to safeguarding trade secrets amid ongoing legal battles and technological advancements.

TSMC Investigates Potential Trade Secret Leaks and Espionage Scandal
business7 months ago

TSMC Investigates Potential Trade Secret Leaks and Espionage Scandal

TSMC, the world's largest chipmaker, has detected unauthorized activities indicating potential trade secret leaks, possibly involving former employees attempting to access proprietary information on advanced 2-nanometer chips. The company has taken disciplinary and legal actions, emphasizing its zero-tolerance policy for such violations amid heightened geopolitical and technological competition.