Chipmaker UMC pleads guilty to trade secret theft, China’s bid to steal propriety chip designs unravelled

In a significant development United Microelectronics Corp (UMC) stated, it has pleaded guilty to trade secret theft in the United States, and will be paying a fine of $60 million and will cooperate with the prosecution of China’s Fujian Jinhua Integrated Circuit Co Ltd. Two years ago, the U.S. Department of Justice (DOJ) had indicted…

Anthony Levandowski pleads guilty for taking Google’s self-driving tech to Uber Technologies Inc

Anthony Levandowski, who has been closely associated with advancing self-driving car technology in the last decade, has agreed to plead guilty for taking sensitive documents from Google, his former employer, before he joined rival Uber Technologies Inc. As part of the plea deal with federal prosecutors, he will serve no more than 30 months in…