Recent Articles
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Apple Kickbacks Manager Pleads Not Guilty
SAN JOSE, Calif, Aug 16 (Reuters) – An Apple Inc (NASDAQ:AAPL) global supply manager pleaded not guilty on Monday to charges of accepting kickbacks from Asian companies, while prosecutors said he is a flight risk and should not be granted bail. Paul Devine, in handcuffs and wearing an orange prison shirt, appeared in federal court…
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HP Acquires Security Software Maker, Fortify Software
(Reuters) – Hewlett-Packard Co (NYSE:HPQ) said it would buy Fortify Software, a privately held security software maker based in San Mateo, California for an undisclosed sum. Fortify’s technology will allow HP to offer software that helps organizations reduce business risk, meet compliance regulations and protect against malicious application attacks. After the deal closes, HP will…
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Ubicom Announces DDR3 and USB 3.0 Network Processors
Networking and multimedia processor solutions specialist Ubicom announced the introduction of its IP8100 family of network processors. The processors are targeted toward solutions for consumer, SOHO and small to medium-size business (SMB) applications for both retail and service provider deployments. The IP8100 processors provide routing, security and advanced services. The multiprocessing solution allows line rate…
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Apple Kickback Scandal: Manager Accused of Taking More than $1M
CHICAGO Aug 14 (Reuters) – A manager at technology company Apple Inc (NASDAQ:AAPL) has been indicted by a federal grand jury in California on charges including taking kickbacks, wire fraud and money laundering, according to court documents. Paul Shin Devine, a global supply manager at Apple, is accused of accepting more than $1 million in…