Barr reports, “Among the allegations, authorities claimed Thursday that the former Flextronics employee leaked highly confidential information about Apple Inc.’s iPhone before it was unveiled.”
Full article here.
Benjamin Pimentel reports for MarketWatch, “One of four people arrested Thursday in connection with an insider-trading crackdown had leaked information related to Apple Inc. products, including the iPad, according to a Justice Department complaint.”
“Walter Shimoon was a senior director of business development of contract manufacturer Flextronics International when he allegedly divulged information to an expert-networking firm on Apple, including the code name for the tablet product that became the iPad, the complaint said,” Pimentel reports. “‘It’s a new category altogether,’ Shimoon was recorded as saying, according to the complaint. ‘I believe it’s called K48. … At Apple, you can get fired for saying K48… outside of a meeting that doesn’t have K48 people in it. That’s how crazy they are about it.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “JES42” for the heads up.]
The wheels of justice turn very slowly, but if you are caught in the cogs of justice, you suddenly realise that the relentless crushing of the wheels can exact excruciating pain so much that life may seem not worth living.
Future leakers of tech beware!
@Crabapple
I think the actual saying is, “The wheels of justice grind slowly, but they grind exceedingly small.”
Overall, what is the percentage of crimes committed to crimes discovered and prosecuted? I ask, not to berate law enforcement officials, but to get a sense of how much of this stuff occurs that we don’t know about. Here’s the real problem with America and Congress – Corporations and their lobbyists.
@ Mark
Actually, the saying is “Do not meddle in the affairs of dragons, for you are crunchy & Taste good with ketchup.”
Actually the saying is, “Nice to meet you Ben Dover.”
@ Passin’ Through
“Here’s the real problem with America and Congress – Corporations and their lobbyists.”
Excuse me, this is evidence of problems with human kind. This is criminal behavior based on greed. It happens to some extent around the world. All societies have a constant battle with civilized behavior competing with narcissistic individuals that believe rules and laws do not apply to them. As far as America, Congress, Corporations go, criminals and grifters are attracted to concentrations of MONEY. All the more reason to limit the scope and power of the U.S. Federal Gov’t; for the last half-century the largest concentration of money in the world. Lobbyists (whom I have no love for) are not criminals. Reduce the power of regulation that the Federal gov’t exercises and you will see a major reduction in lobbyists. You think businesses enjoy spending what they do on lobbyists? If the government can regulate businesses, then business has a right to voice their opinions on those regulations. Once again, limit the money and power concentrated in D.C. and much of these complaints go away.
Dell guy will go free, nothing to divulge of worth from Dell.
ACTUALLY, the saying is “chuck Norris” but no one says that anymore. I think it’s “wikileaks has more info on the government than apple.