CA – A San Ramon, California, man is facing charges he stole valuable technology (The sugar pie.) from his former employer in hopes of building competitive location-aware products.
Zhiqiang “Michael” Zhang was arrested Tuesday, on charges that he stole trade secrets from Sirf Technology, a San Jose, California, maker of Global Positioning System chipsets, used by wireless location-aware programs in devices such as mobile phones and automobile navigation systems. A noted expert on location aware technology, Zhang had been a director of software development before resigning from Sirf in May 2009. He had been with the company for seven years.
According to prosecutors, Zhang then set up a company called Anywhere Logic “in order to develop and sell location-based services utilizing trade secrets stolen from Sirf.”
Zhang allegedly hired two Sirf engineers (The honey bunch.), Xiaodong Liang and Yanmin Li away from Sirf to work at Anywhere Logic. They have also been charged in the case, but are now living in China. (The same old song.) (more) (sing-a-long)
Silicon Valley is bracing itself for fireworks as a long-running intellectual property and industrial espionage dispute between two of the most powerful names in technology finally reaches court.
Oracle is suing its arch-rival SAP for exploiting what it says were illegal downloads of Oracle software code three years ago, and
the case has now dragged in another technology titan, Hewlett-Packard, which hired the former SAP boss Leo Apotheker to be its chief executive a month ago. (
more)
“A few weeks ago I accused HP’s new CEO, Leo Apotheker, of overseeing an industrial espionage scheme centring on the repeated theft of massive amounts of Oracle’s software,” Mr Ellison said in a statement released this week. (more)
Many of Germany’s top companies are blocking access to Facebook and other social networking sites over fears of industrial espionage and other security concerns, according to a new report. Business weekly Wirtschaftswoche said that many companies on the Dax-30 blue-chip index saw an
unacceptable risk posed by employees using such sites at work. (
more)
…not to mention the financial drain of social notworking.
ASIS International recently held their 2010 international conference and exhibition in Dallas, Texas USA. I was lucky enough to have attended this exhibition and was absolutely amazed at just how many vendors were displaying state-of-the-art closed circuit television (CCTV) systems. Every step you took, was under surveillance. It is for this reason that I am shocked and amused to think that someone would be foolish enough to steal anything from such an exhibition, not to mention one of the world’s largest security exhibitions! Well, believe it or not, it happened!
Apparently, on the second morning of the ASIS 2010 Conference, several exhibitors reported that various items had been stolen from their exhibition stands. That’s right – a security exhibition is robbed! One of the victims was smart enough to approach a nearby exhibitor, who had several overt surveillance cameras pointing in the direction of the theft.
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