Intel wins appeal as EU court overturns $1.2B antitrust fine
In a major setback for EU antitrust regulators, the General Court of EU Wednesday overturned the €1.06 billion ($1.2 billion) fine imposed on Intel almost 13 years ago for abuse of market dominance and stifling competition. In 2009, the European Commission found that the US chip-maker had abused its position in the market for x86 [...]
Federal judge dismisses criminal trial against Barclays prior to jury verdict
A federal judge dismissed a criminal wire fraud charges against Barclays Plc during trial Monday, saying the US did not present evidence to prove Barclays owed Hewlett-Packard a duty of trust or confidence in their dealings. Judge Charles Breyer of the US District Court for the Northern District of California said a reasonable jury could not have found [...]
HP offers $108 million to settle bribery charges by SEC, DOJ
The US Securities and Exchange Commission (SEC) on Wednesday charged Hewlett-Packard (HP) with violating the Foreign Corrupt Practices Act (FCPA) by making improper payments to various government officials in order to...
US computer chip maker Intel on Tuesday argued before the EU General Court that the European Commission used flawed and inadequate evidence when it imposed a fine against the company in 2009. Intel...
Former HP executive pleads guilty to revealing IBM trade secrets
A former vice president for Hewlett Packard (HP) pleaded guilty Friday to one count of theft of trade secrets for giving HP protected information he obtained while working for IBM [corporate...
Mercury settles stock option backdating cases for record $117.5M
Mercury Interactive on Monday settled derivative lawsuits filed in the US District Court for the Northern District of California regarding allegations of stock options backdating. The software company, acquired by Hewlett Packard (HP) ...
The Federal Communications Commission (FCC) adopted new privacy rules for telephone and wireless companies on Tuesday aimed at strengthening safeguards against pretexting , the disclosure of personal telephone records...
A California state judge on Wednesday dropped the felony charges against four defendants in the Hewlett-Packard (HP) pretexting scandal after the defendants pleaded no contest to misdemeanor charges of fraudulent wire...
Bush signs legislation to protect phone records, ban pretexting
President Bush Friday signed into law new federal legislation seeking to protect traditional, wireless, and internet phone calling consumers by preventing phone companies from selling their private phone records without customer authorization and criminalizing attempts to obtain...
