Amazon.Com, Inc (NASDAQ: AMZN) lost its appeal of a move by European Union antitrust regulators to allow for parallel EU and Italian antitrust probes regarding partiality with some sellers on its platform. The EU Court of Justice, the bloc’s top tribunal, dismissed Amazon’s challenge in a final ruling that closes the path for any appeal, Bloomberg reports. Amazon opposed a European Commission decision to allow Italy to continue running its probe into the “buy box,” where it highlights sellers of Read More...
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GlobalFoundries Charges IBM For Leaking Trade Secrets To Partners Like Intel, Rapidus
On April 19, GlobalFoundries Inc (NASDAQ: GFS) prosecuted International Business Machines Corp (NYSE: IBM) for trade secret misappropriation. IBM unlawfully disclosed GF’s confidential IP and trade secrets after IBM sold its microelectronics business to GF in 2015, per the complaint. The technology at issue was collaboratively developed, over decades, by the companies in Albany, New York. GF alleged that IBM disclosed GF IP and trade secrets to IBM partners, including Intel Corp (NASDAQ: INTC) a
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