Apple has reached a settlement in a long-standing case that accused the company of fixing the price on e-books, with the company paying up to US$400 million, depending on the outcome of its appeal in the case, a law firm has announced.
After dragging its feet for months, Apple is finally making good progress on a court-ordered antitrust compliance program related to the U.S. Department of Justice's e-book price-fixing case against the company, an external monitor said.
A British man faces new charges in the U.S. for allegedly hacking into the U.S. Federal Reserve Bank's servers and stealing names, email addresses and other personal information of the bank's computer users.
A U.S. judge has thrown out a long-standing copyright infringement case brought against Google by the Authors Guild, saying the company's book-scanning project provides significant benefits to the public.
A former portfolio manager at the now defunct Diamondback Capital Management has been sentenced to 54 months in prison for crimes related to a multimillion dollar insider trading scheme involving computer maker Dell and hardware maker Nvidia.
A former CIO and vice president at networking hardware vendor Foundry Networks has been charged with insider trading in conjunction with the company's acquisition in 2008 by Brocade Communications Systems, the U.S. Department of Justice said.