UK Trade Secretary Peter Kyle is hosting a Chinese delegation to launch an initiative aimed at boosting UK services exports to China. British firms like Brompton Bikes and HSBC are participating, alongside Chinese companies JD.com and ICBC bank.
South Korea's Ministry of SMEs and Startups will provide trade secret certification to safeguard business ideas after a data breach exposed 5,000 applicants' information from the 'Startup for All' program. An AI company exploited a website vulnerability to access emails, idea summaries, and evaluations.
A federal judge dismissed xAI's trade secret lawsuit against OpenAI, ruling that Elon Musk's AI company failed to prove OpenAI improperly obtained confidential information about its Grok chatbot during the recruitment of a former xAI engineer.
A US federal judge dismissed Elon Musk's xAI lawsuit accusing OpenAI of stealing trade secrets for chatbots. The judge ruled xAI failed to prove OpenAI induced an ex-engineer to divulge confidential information. This is Musk's second legal loss against OpenAI recently.
A federal judge dismissed Elon Musk's xAI lawsuit accusing OpenAI of stealing trade secrets for chatbots. This follows an earlier dismissal of a version of the lawsuit in February.
The U.S. Supreme Court has denied Tata Consultancy Services' appeal, upholding a $168 million award to DXC Technology. DXC sued Tata for allegedly stealing trade secrets related to life-insurance software, a claim Tata denied.
India is reviewing tariff concessions on products like Scotch whiskey if the UK does not address concerns over steel quotas and duties before ratifying a trade agreement. The treaty's implementation is indefinitely deferred.
South Korea's Supreme Court upheld a lower court's ruling ordering game developer Ironmace to pay 5.76 billion won ($3.87 million) in damages to rival Nexon for trade secret infringement. The case centers on allegations that Ironmace's CEO, a former Nexon employee, leaked source code from Nexon's P3 game project before creating Dark and Darker. The court rejected Nexon's copyright infringement claim.
