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Apple seeks to end Apple Pay trade secrets lawsuit
Yahoo Finance· 2025-10-28 16:39
Core Argument - Apple is seeking to dismiss a racketeering lawsuit from Fintiv, which accuses Apple of stealing technology for its mobile wallet, Apple Pay [1][3]. Group 1: Lawsuit Details - Fintiv claims that Apple misappropriated technology for Apple Pay that it had previously sought to license from CorFire, a company acquired by Fintiv in 2014 [2]. - The lawsuit alleges that Apple generated fees for major credit card issuers and payment networks through Apple Pay, which is widely used across various Apple devices [3]. Group 2: Apple's Response - Apple argues that Fintiv delayed pursuing its claims, having been aware of the relevant facts since 2014, and contends that Fintiv has not demonstrated a pattern of racketeering [3]. - In the event the case is not dismissed, Apple requests that it be transferred to U.S. District Judge Alan Albright in Texas, who has extensive experience with the underlying dispute [4]. Group 3: Judge's Background - Judge Albright previously oversaw a significant portion of U.S. patent cases and is considered a favorable judge for plaintiffs in technology-related lawsuits [5].
X @TechCrunch
TechCrunch· 2025-10-23 15:50
The U.S. Department of Justice accused Peter Williams, former general manager of L3Harris’ hacking division Trenchant, of stealing trade secrets and selling them to a buyer in Russia. https://t.co/gA1zRkTLTz ...
OpenAI asks court to dismiss trade-secret lawsuit from Elon Musk's xAI (TSLA:NASDAQ)
Seeking Alpha· 2025-10-03 04:21
Core Viewpoint - OpenAI has requested a federal judge to dismiss a lawsuit claiming that the company recruited employees from xAI, led by Elon Musk, to misappropriate trade secrets [1] Group 1 - The lawsuit alleges that OpenAI lured employees away from xAI [1] - xAI is associated with Tesla's CEO Elon Musk [1] - The legal filing was made on a Thursday [1]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-10-03 04:12
🚨BREAKING: OpenAI has filed a countersuit against xAIThey accuse Elon Musk’s xAI company of:• Misappropriation of "trade secrets"• Interference with contracts• “Bullying tactics” through litigation https://t.co/jr0o02y969 ...
X @Bloomberg
Bloomberg· 2025-08-29 03:20
Legal & Compliance - Nvidia 将面临一位工程师泄露自动驾驶商业机密案件的审判,该工程师被指控从前雇主处窃取了这些机密 [1]
X @Bloomberg
Bloomberg· 2025-08-27 13:22
Prosecutors have charged three people for allegedly stealing trade secrets from TSMC, advancing an investigation that’s cast a spotlight on the sensitive nature of chipmaking technology https://t.co/kM2pKA63pF ...
X @Bloomberg
Bloomberg· 2025-08-05 06:06
TSMC has discovered a possible leak of trade secrets related to its advanced chipmaking techniques, and has taken action against staff deemed responsible https://t.co/RL2CW4etbw ...
X @Cointelegraph
Cointelegraph· 2025-07-08 18:00
Find out more in this week's Trade Secrets. 👇https://t.co/JNX9uM3xzu ...