
DuPont to sell Delrin resins unit to PE firm for around $1.8 billion - Bloomberg News
Materials and chemicals maker DuPont De Nemours Inc is in advanced talks to sell its Delrin resins unit
2023-08-21 08:17

Sameer Ralhan Resigns as Chemours Chief Financial Officer (CFO); Company Appoints Jonathan Lock as new CFO and Promotes Matt Abbott to Executive Team as SVP, Chief Enterprise Transformation Officer
WILMINGTON, Del.--(BUSINESS WIRE)--Jun 6, 2023--
2023-06-06 18:45

Ex-Apple engineer charged with stealing company’s self-driving car technology
A former Apple engineer who fled to China five years ago has been charged with stealing the company’s self-driving car technology. The US Justice Department charged Weibao Wang, 35, for stealing large troves of data from Apple, including trade secrets and technology related to autonomous systems that are used to design self-driving cars. Mr Wang was charged with six counts of theft or attempted theft of trade secrets, according to a press release issued by the department. “Innovation is alive and well in Silicon Valley – indeed, throughout the Northern District of California,” said US attorney Ismail J Ramsey. “Unfortunately, there will always be some who cheat the system by stealing and profiting from the fruits of others’ labour. The Wang prosecution is but one example. We are pleased that the Disruptive Technology Task Force renews energy and focus on securing innovation for those who actually create it.” The former Apple engineer was a resident of Mountain View in California and began working with the tech giant in 2016. He had signed a confidentiality agreement for the project for which he was working on, and very few people at the company knew about it at that time. He began working as staff engineer with the US-based subsidiary of a Chinese company and was working to develop self-driving cars, the indictment said. The company was identified only as “Company One” in the indictment. Mr Wang was also accused of waiting for more than four months before telling Apple that he was resigning, after he signed a new employment agreement with “Company One”. After the last day of his employment at Apple, on 16 April 2018, Apple’s officials found in their logs that he had accessed large troves of confidential data in the final days of his stint at the tech giant. His Mountain View home was searched on 27 June 2018. Law enforcement agents discovered “large quantities of data taken from Apple prior to his departure” during the search, for which Mr Wang was present. After telling the agents that he had no plans to travel, he purchased a one-way ticket to Guangzhou, China, and boarded a flight that same night. In a press conference, Mr Ramsey said Mr Wang remained in China and he could face 10 years in jail, if extradited and convicted. This is the third incident of a former Apple employee being charged for stealing of documents for China. Two other Apple employees have previously been charged in similar cases involving theft of trade secrets, reported the BBC. Read More Elon Musk calls working from home ‘morally wrong’ How many more rapists and killers are in Met? Police force ‘institutionally racist, misogynistic and homophobic’ says damning report The Independent backs calls for jailed media tycoon Jimmy Lai to be released
2023-05-17 16:27

NHL issues updated theme night guidance, which includes a ban on players using Pride tape on the ice
The NHL sent a memo to teams last week clarifying what players can and cannot do as part of theme celebrations this season, including a ban on the use of rainbow-colored stick tape for Pride nights
2023-10-10 22:57

Julia Ann Bean: FBI joins probe into 2017 missing case of woman 'last seen’ with Gilgo Beach murders suspect Rex Heuermann
Julia Ann Bean's daughter Cameron said she saw her mother with a man resembling Rex Heuermann who was driving a dark truck
2023-09-05 05:25

'It was torture': Blake Lively reveals why she hated husband Ryan Reynolds' 'Deadpool'
Blake Lively had to look through the 'sex montage' of her husband Ryan Reynolds in a film with plenty of explicit scenes
2023-05-31 21:24

Who was Catorreia Hutto? Florida twins, 5, found dead in home after mom, 31, jumps to her death from bridge
Catorreia Hutto, 31, was identified as the woman whose body was retrieved from St Johns River
2023-10-21 09:21

'He's home': Missing 73 years, Medal of Honor recipient's remains return to Georgia
An American soldier awarded the Medal of Honor after he went missing in battle during the Korean War is being buried on Memorial Day near his hometown in Georgia
2023-05-29 13:00

Continental Celebrates First Anniversary of its Autonomous Mobility Manufacturing Plant in Texas
NEW BRAUNFELS, Texas--(BUSINESS WIRE)--Sep 29, 2023--
2023-09-29 21:27

Joe Rogan once claimed that Dr Phil created a viral meme moment in form of ‘monster’
Dr Phil said, 'Her mother actually brings her on, she’s a train wreck, and we work with her, we send her to this ranch for like four months'
2023-08-09 13:59

Colombia Holds Interest Rate at 24-Year High to Curb Sticky Inflation
Colombia held interest rates at a 24-year high as policymakers fret that inflation is taking too long to
2023-11-01 02:30

Every Dog Pokémon in the Entire Pokémon Franchise
Here is every dog-inspired Pokémon we could find in the franchise
1970-01-01 08:00
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