VR World

Apple to pay $450 million over eBook Ruling

Apple’s week isn’t starting the way any company would like to start. Supreme Court turned down Apple’s request to be heard, meaning the ruling in the previous eBook case stands. The company has to pay a settlement to the tune of $400 million, $30 million to their own legal team, and $20 million to the Uncle Sam attorney team (Department of Justice). In April 2012, Department of Justice filed a suit claiming Apple Inc. and five largest book companies in the U.S. conspired together to raise the prices of eBooks in Apple’s iTunes digital store. During 2014, Apple settled with the DoJ, with a ruling including a settlement

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Enterprise, Technology Security, VR World

DoJ Charges Five Chinese Military Officers with Hacking

Department of Justice Hacking

The U.S. Department of Justice has charged five Chinese Military Official with the charge of Cyber Espionage based on the hacking of US companies’ systems and the theft of their trade secrets. According to the Department of Justice (DoJ) Westinghouse Electric, Alcoa, Allegheny Technologies Incorporated, U.S. Steel, the United Steelworkers Union and SolarWorld were all victims of Chinese Military hacking. The charges claim that the PLA (People’s Liberation Army) officials (mostly Generals) cooperated to steal information from US companies and access proprietary information from those companies and use them for the benefit of Chinese companies. This has been an ongoing charge by the US Government and

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Enterprise, Technology Security, VR World

DoJ Charges Five Chinese Military Officers with Hacking

Department of Justice Hacking

The U.S. Department of Justice has charged five Chinese Military Official with the charge of Cyber Espionage based on the hacking of US companies’ systems and the theft of their trade secrets. According to the Department of Justice (DoJ) Westinghouse Electric, Alcoa, Allegheny Technologies Incorporated, U.S. Steel, the United Steelworkers Union and SolarWorld were all victims of Chinese Military hacking. The charges claim that the PLA (People’s Liberation Army) officials (mostly Generals) cooperated to steal information from US companies and access proprietary information from those companies and use them for the benefit of Chinese companies. This has been an ongoing charge by the US Government and

Read More...