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Trade secrets or confidential commercial information are a type of intellectual property (IP) that includes formulas, practices, processes, designs, instruments, patterns, or compilations of information that have inherent economic value because they are not generally known or readily ascertainable by others, and which their owner takes reasonable measures to keep secret. [1]
Here are 10 of the most valuable and representative trade secrets today: Thomas ... It's common knowledge that the world's most famous secret recipe once ... Coke, for example, ...
The Coca-Cola Company 's formula for Coca-Cola syrup, which bottlers combine with carbonated water to create the company's flagship cola soft drink, is a closely guarded trade secret. Company founder Asa Candler initiated the veil of secrecy that surrounds the formula in 1891 as a publicity, marketing, and intellectual property protection strategy.
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. [1][2] There are many types of intellectual property, and some countries recognize more than others. [3][4][5] The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property ...
Chinese espionage in the United States. The United States has often accused the People's Republic of China of attempting to unlawfully acquire U.S. military technology and classified information as well as trade secrets of U.S. companies [1][2] in order to support China's long-term military and commercial development. [3]
Industrial espionage, also known as economic espionage, corporate spying, or corporate espionage, is a form of espionage conducted for commercial purposes instead of purely national security. [1] While political espionage is conducted or orchestrated by governments and is international in scope, industrial or corporate espionage is more often ...
A daily look at legal news and the business of law: Nooks and Crannies Trade Secret Puts Hire on Hold The nooks and crannies of Thomas's English Muffins are so special it takes a recipe, a special ...
Chenguang Gong. In February 2024, Chenguang Gong, 57, of San Jose, California, was arrested on federal charges alleging he stole trade secret technologies developed for use by the United States government to detect nuclear missile launches and to track ballistic and hypersonic missiles. Gong is a former engineer at a Southern California company.