The inane dispute over the provenance of Facebook apparently ended in a multimillion dollar resolution. Facebook has reportedly paid the founders of ConnectU $65 million to settle a lawsuit that accused founder Mark Zuckerberg of lifting the social network’s source code and business plan when he worked for it as a programmer.
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Apple’s efforts to build its own chip development brain trust out of its acquisition of PA Semi have run afoul of IBM. Mark Papermaster, a 26-year IBM veteran and vice president of its Blade Development unit–a division that designs corporate data centers, plans to take a new job with Apple in early November, and Big Blue is doing its damndest to stop him. The company has filed suit against Papermaster, claiming his noncompete agreement with IBM prohibits him from taking a job with Apple.
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A few weeks back, Google wasn’t at all deterred by regulators’ heightened scrutiny of the company’s advertising agreement with Yahoo. It had no plans to delay the deal with its struggling rival, which was to begin this month. “Time is money in our business,” said Google CEO Eric Schmidt. “… While we have been talking to regulators, we don’t know what their position is. We don’t know if they think it’s a good deal or poor deal.” How quickly things change.
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“I’ve never seen a tech company ramp up faster than they have in the last year or two,” tech lobbyist Ralph Hellmann said of Google last year. “They’re using all the tools in the lobbying tool kit.” And with some success, it would seem. With the Justice Department reviewing the company’s proposed online advertising partnership with Yahoo and its critics growing increasingly vocal, Google has managed to win the support of some California lawmakers.
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Turns out RealNetworks Inc.’s new DVD ripper RealDVD is as legal as its creator is litigious. Real debuted RealDVD this morning and along with it a preemptive lawsuit against the Hollywood interests that will inevitably attempt to litigate it into oblivion. Brought against the DVD Copy Control Association and a who’s-who of major studios, the suit asks the court to rule that RealDVD complies with the DVD Copy Control Association’s license agreement.
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Looks like Google has a new club with which to smite Viacom and the $1 billion lawsuit it’s brought against YouTube. A federal judge has ruled that online video-hosting site Veoh is not guilty of copyright infringement for material uploaded by its users in a case that has marked similarities to Viacom’s against Google and YouTube.
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Apple may soon regret the “twice as fast, half the price” slogan it chose for iPhone 3G. A first lawsuit has been filed against the company over the device’s performance and reliability, and it seeks class-action status.
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Slapped with a class-action lawsuit alleging it illegally deprived some 32,000 employees of overtime pay, IBM conceived of a novel solution: It settled the suit for $65 million. And then it slashed the base pay of the employees who filed it by 15 percent.
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China’s state-run newspaper, the Shanghai Securities News, has got it all wrong. Beijing isn’t investigating whether Microsoft engaged in discriminatory pricing. Nor does it plan to file an antitrust lawsuit against it once the country’s anti-monopoly laws are enacted in August. At least that’s what China’s State Intellectual Property Office is claiming, anyway.
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Like great civilizations, great companies are not conquered from without until they have destroyed themselves from within. And Yahoo appears to be well on its way to doing just that. Shares in the company slid still deeper into the mud today as the market reflected on the uneventful conclusion of the company’s merger talks with Microsoft and its decision to–well, let’s face it–become a reseller of Google ads.
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