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A trade secret is a form of intellectual property comprising confidential information that is not generally known or readily ascertainable, derives economic value from its secrecy, and is protected by reasonable efforts to maintain its confidentiality. [1] [2] [3] Well-known examples include the Coca-Cola formula and the recipe for Kentucky ...
Coca Cola's Secret Recipe: It's common knowledge that the world's most famous secret recipe once contained cocaine; what's less known is that Coke still uses a coca leaf extract made by the Stepan ...
It may describe activities such as theft of trade secrets, bribery, blackmail and technological surveillance. As well as orchestrating espionage on commercial organizations, governments can also be targets – for example, to determine the terms of a tender for a government contract.
On June 26, 2020, Hao Zhang, 41, of China, was found guilty of economic espionage, theft of trade secrets, and conspiring to commit both offenses. Zhang conspired to and did steal trade secrets from two U.S. electronics companies: Avago and Skyworks. Zhang intended to steal the trade secrets for the benefit of the People's Republic of China. [79]
(Reuters) -GlobalFoundries and IBM said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a contract with IBM and the computer giant was alleged to ...
The typical department store opens at 10am. A few customers are already outside with sales fliers in hand or an armload of items to return. The phone is ringing off the hook while the red light on ...
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A Canadian resident of China pleaded guilty in New York federal court on Thursday to stealing Tesla electric-vehicle battery manufacturing trade secrets and conspiring to sell them to undercover ...