Temu has sued Shein in the United States, accusing its rival of violating antitrust laws by trying to monopolize suppliers and engaging in other allegedly illegal behavior.

Though budget gaming desktops aren’t as wallet-friendly as they used to be, the performance per

By Blake Brittain Alphabet's Google must pay patent holding company Personal Audio LLC $15.1 million for infringing two

BELMONT, Calif.--(BUSINESS WIRE)--Jun 13, 2023--

Apple released a significant security update for iPhones and iPads Thursday to patch newly discovered security vulnerabilities in the devices' system software

The investment arm of Goldman Sachs Group Inc. dramatically reduced its exposure to the Adani Group in its

AMSTERDAM--(BUSINESS WIRE)--May 9, 2023--

Ford has hired away a key Apple executive to run a new business unit that will sell software-related subscription services to vehicle owners

A new lawsuit filed against Nvidia alleged that a file accidentally left on display by one of its employees during a video conference contains data stolen from the car tech company Valeo. The lawsuit alleged that employee Mohammad Moniruzzaman downloaded the “entirety of Valeo’s advanced parking and driving assistance systems source code” in early 2021 without authorization. It says he also downloaded “scores of Valeo Word documents, PowerPoint presentations, PDF files, and Excel spreadsheets explaining various aspects of the technology” before leaving to join Nvidia in August of that year. Valeo is accusing Nvidia of having benefited from the stolen trade secrets. “Mr Moniruzzaman ended his employment at Valeo and took the stolen source code and technical documentation with him to Nvidia, receiving a promotion to a senior position working on the software development for the very same project,” the lawsuit alleged. The alleged data theft reportedly came to light the following year when staff from both Nvidia and Valeo were working over a Microsoft Teams video conference call on a joint parking assistance project. Nvidia was developing the software, while Valeo was providing ultrasonic sensor hardware in the collaborative project for an unnamed automotive parts manufacturer. “On March 8, 2022, one of these videoconference meetings was scheduled. Mr Moniruzzaman, now employed by Nvidia, attended the video conference call… and shared his computer screen during the call,” the lawsuit noted. “When he minimized the PowerPoint presentation he had been sharing, however, he revealed one of Valeo’s verbatim source code files open on his computer,” it said. Valeo participants on the conference call recognised the source code and took a screenshot of it, the company said. “So brazen was Mr Moniruzzaman’s theft, the file path on his screen still read ‘ValeoDocs,’” the lawsuit noted. Mr Moniruzzaman had admitted to stealing Valeo’s software and using it while employed at Nvidia when he was questioned by German police, according to Valeo’s lawsuit. Nvidia has responded that it has no interest in using the stolen code, according to The Verge. But Valeo alleged that its competitor has benefited from the data, which it says would save “millions of dollars in development costs”. Citing these reasons, Valeo is seeking recovery of damages and an injunction to stop Nvidia and its staff from using its trade secrets. The Independent has reached out to Mr Moniruzzaman through Nvidia for a comment. Read More Trump’s Truth Social sues 20 media outlets over financial loss reports AI breakthrough could help us build solar panels out of ‘miracle material’ ‘We let you down’: Peloton apologises for Thanksgiving ride AI breakthrough could help us build solar panels out of ‘miracle material’ ‘We let you down’: Peloton apologises for Thanksgiving ride HSBC app not working on one of the biggest shopping days of the year

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Dozens of Europe's top business leaders have pushed back on the European Union's proposed legislation on artificial intelligence, warning that it could hurt the bloc's competitiveness and spur an exodus of investment.