logo
#

Latest news with #IntellectualProperty

Tokyo Electron says dismissed a Taiwan unit employee involved in intellectual property case
Tokyo Electron says dismissed a Taiwan unit employee involved in intellectual property case

Reuters

time5 days ago

  • Business
  • Reuters

Tokyo Electron says dismissed a Taiwan unit employee involved in intellectual property case

TOKYO, Aug 7 (Reuters) - Tokyo Electron Ltd (8035.T), opens new tab said on Thursday it has confirmed that a former employee of its Taiwan subsidiary was involved in a case cited by the Intellectual Property Branch of the Taiwan High Prosecutors Office on Tuesday. The Japanese chipmaking machine company said in a statement, opens new tab it has dismissed the employee involved and is fully cooperating with authorities in the investigation. Tokyo Electron added that its internal investigation has not found evidence of confidential information being shared with third parties and declined to comment further, saying "the case is now under judicial review".

14 ex-Huawei employees handed down prison sentences in China — accused face up to six years for taking 'chip-related business secrets' with them to form startup Zunpai
14 ex-Huawei employees handed down prison sentences in China — accused face up to six years for taking 'chip-related business secrets' with them to form startup Zunpai

Yahoo

time6 days ago

  • Business
  • Yahoo

14 ex-Huawei employees handed down prison sentences in China — accused face up to six years for taking 'chip-related business secrets' with them to form startup Zunpai

When you buy through links on our articles, Future and its syndication partners may earn a commission. China's courts take tech secret pilfering seriously, if one of its homegrown companies appears to be the victim. The South China Morning Post (SCMP) reports that a Shanghai court has sentenced 14 former Huawei employees, who were accused of taking a number of 'chip-related business secrets' with them, when they scooted off to form a new startup called Zunpai Communication Technology. Apparently, the precise punishment to be meted out upon the accused remains uncertain, as the verdict is yet to be published online. However, sources indicate that the ex-Huawei engineers will face financial penalties and up to six years in jail. The above case is reportedly a talking point in China. The topic of Intellectual property theft, its impacts on competitive industry, and on the people who work at these companies, have been thrust into the public psyche. However, the plaintiff in this case, Huawei, has yet to comment. Ex-Huawei engineers form Zunpai Zunpai was founded in 2021 by Zhang Kun, a former researcher at HiSilicon. Zhang had left Huawei in 2019, and in the interim, apparently headhunted talent from his old employer, with some success. It is alleged that Zhang managed to attract some of his old colleagues over to Zunpai with high salaries and attractive stock options. But there's no such thing as a free lunch, and these potential employees were also reportedly expected to copy secrets before they quit Huawei. Ex-Zunpai engineers form chain gang Huawei didn't have its head in the sand regarding this matter and, according to the SCMP, initiated legal proceedings in August 2023. Shortly after this, in December 2023, Shanghai police arrested 14 individuals for activities infringing upon chip technology secrets. At the same time, 95 million Chinese yuan ($13.1 million) worth of Zunpai's assets were frozen. Investigations by law enforcement indicated that 40 technologies in use by Zunpai were almost identical to those owned by Huawei / HiSilicon. A statement by the police, shared by the SCMP, talked about the importance of supporting the work of legitimate companies and supporting fair competition. Huawei was recently in the headlines for opening an impressive new 2,600-acre R&D center in Shanghai. However, it has been far from immune to accusations of shady business practices like sanctions busting, installing back doors in its devices, and – most pertinently today – poaching talent and acquiring stolen tech from rival tech companies. Follow Tom's Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button.

Clarivate Announces Maroun S. Mourad as President, Intellectual Property
Clarivate Announces Maroun S. Mourad as President, Intellectual Property

Associated Press

time30-07-2025

  • Business
  • Associated Press

Clarivate Announces Maroun S. Mourad as President, Intellectual Property

LONDON, July 30, 2025 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, today announced that Maroun S. Mourad will join the Company as President of the Intellectual Property (IP) segment, effective September 8, 2025. Maroun most recently served as President of the Claims Solutions division of Verisk Analytics Inc. He succeeds Gordon Samson, who will retire at the end of 2025 after a high-impact career in the IP industry, spending five years as the Chief Operating Officer at CPA Global, before joining the Clarivate executive team, most recently as the President of the IP segment. Matti Shem Tov, Chief Executive Officer, Clarivate, said: 'This appointment confirms our commitment and strategy to drive long-term predictable growth in the IP business. Maroun has an excellent track record of growing global businesses with significant experience in delivering results in the data & analytics, software, and technology-enabled services space. I am confident he brings excellent leadership skills and experience to continue the IP business's focus on accelerating innovation and growth.' Matti continued: 'I would also like to thank Gordon for his commitment to the industry and to the success of Clarivate. His leadership and expertise have played a large role in setting up our operating model and driving our business transformation.' Maroun S. Mourad said: 'I'm honored to join Clarivate and lead such a talented IP team at a pivotal time for the company. I look forward to advancing our Intellectual Property solutions and helping our customers protect and maximize the value of their innovations and inventions.' As a data analytics and software executive, Maroun has profitably grown businesses in the U.S., U.K., Europe, and emerging markets since 1998. Most recently, Maroun led the integrated suite of products and services for the Verisk Analytics Claims Solutions division. He was responsible for the product portfolio, services, and acquisitions that deliver value to clients across the insurance policy lifecycle worldwide. His focus on team building, customer-centricity, and delivering quality results has driven business transformations in established, start-up, and turnaround environments. Maroun holds a BA in political science and a JD, both from the University of California, Berkeley. The Clarivate Intellectual Property segment provides trusted IP data, software, and expertise to help companies drive innovation, law firms achieve practice excellence, and organizations worldwide effectively manage and protect critical IP assets. Clarivate offers a diverse portfolio of adaptable solutions for every stage of the IP lifecycle, covering IP management software, patent services, patent intelligence, brand IP solutions, and litigation intelligence. About Clarivate Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property, and Life Sciences & Healthcare. For more information, please visit Forward-Looking Statements This release includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions, or projections regarding future events or future results and therefore are, or may be deemed to be, 'forward-looking statements' within the meaning of the 'safe harbor provisions' of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms 'aim,' 'anticipate,' 'assume,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'forecast,' 'future,' 'goal,' 'intend,' 'likely,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'see,' 'seek,' 'should,' 'strategy,' 'strive,' 'target,' 'will,' and 'would' and similar expressions, and variations or negatives of these terms. These forward-looking statements include all matters that are not historical facts, and include statements regarding our intentions, beliefs, or current expectations concerning, among other things, the future of our business, future plans and strategies, projections, prospects, results of operations, financial condition, anticipated events and trends, the economy, and other future conditions. Such forward-looking statements are based on available current market material and management's expectations, beliefs, and forecasts concerning future events impacting us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the caption 'Risk Factors' in our annual report on Form 10-K, along with our other filings with the U.S. Securities and Exchange Commission ('SEC'). Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Please consult our public filings with the SEC, which are also available on our website at Source: Clarivate Plc View original content to download multimedia: SOURCE Clarivate Plc

Salon owner 'ready' for key L'Oréal trademark dispute hearing
Salon owner 'ready' for key L'Oréal trademark dispute hearing

BBC News

time26-07-2025

  • Business
  • BBC News

Salon owner 'ready' for key L'Oréal trademark dispute hearing

A salon owner says she is "ready to fight again" ahead of a crucial hearing in her long-running trademark dispute with global cosmetics firm L'Oréal. Rebecca Dowdeswell attempted to renew the trademark of her Leicester-based business - nkd - in 2022 but the French firm opposed the move.L'Oréal has its own trademark on a series of beauty products called Naked, and claims her use of the name nkd would cause "consumer confusion".The 49-year-old said she was feeling in a "much stronger position", now an Intellectual Property Office (IPO) hearing date had been set for the case. It will take place later this year. The mother of two, from Radcliffe-on-Trent in Nottinghamshire, held the nkd trademark name since 2009, and it expired in said she had a six-month window to renew it but forgot, which she described as a "big mistake"."That six-month window ran into the start of Covid and chaos ensued for all businesses - including beauty salons - and I missed the expiry," she previously told the BBC."When I came to re-register the trademark, I was essentially starting from scratch, not renewing an existing one."She said L'Oréal objected on the basis it owned the Urban Decay make-up brand, which has a range of eye shadow palettes called added: "There has never been any evidence of consumer confusion. In 15 years of trading, no-one has ever said 'are you the same brand as Naked by Urban Decay?'"Ms Dowdeswell told the BBC the matter was due to be decided by the government's IPO, but that hearing had been IPO blamed the delay on "very significant" caseloads, in part due to said before Brexit, trademarks could be registered with either the European Union (EU) or the UK, or Brexit, 1.4 million trademarks that were with the EU transferred over to take effect in the to the BBC, Ms Dowdeswell - who has spent more than £30,000 contesting L'Oréal's opposition - said she had "enjoyed" a temporary break from the proceedings. "When I came to re-register them post-Covid, L'Oréal logged its objections and I've been having to defend myself for the last three years," Ms Dowdeswell said."It's been really stressful to deal with, but I've enjoyed metaphorically putting it away and having a break from it."In hindsight, I realised how much of a toll it took on me last year. On me personally with my family, my young children and with the business."I am ready to fight again. I think L'Oréal thinks I'm just going to go away - and I'm not." In response, a spokesperson for L'Oréal said: "We are wholly committed to resolving any misunderstanding there might have been with Rebecca Dowdeswell."From the beginning of our exchanges with her lawyers in 2022, we have communicated an offer that supports her business aspirations whilst respecting our longstanding trademark rights."We look forward to resolving this matter in a mutually agreeable way."The IPO confirmed a hearing date had been set for 5 added a decision would usually be expected about nine months Dowdeswell added: "To coin a phrase that L'Oréal knows very well, I've often asked myself - 'is it worth it?'"

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store