By JEFF D. GORMAN

(CN) - E*Trade was not unjustly enriched by its misappropriation of another company's trade secrets because it lost money using them, a California appeals court ruled.
Ajaxo Inc. successfully sued E*Trade for misappropriation of trade secrets regarding stock trading through wireless devices. A second trial took place on the issue of unjust enrichment.

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By Leigh Alexander, Kris Graft

Tim Roberts and Terrance Taylor, former CEO and CFO of digital distribution provider GameStreamer, have filed a countersuit against the company's current board chairman and majority stakeholder, Ronald Westman.

Roberts and Taylor, who resigned from the company in May 2010, claim Westman used predatory loans to gain his majority share, according to court documents received by Gamasutra.

The suit claims that he fired the pair in part because they would not convert to Seventh Day Adventists. The suit also alleges that Westman intended to misrepresent the company's value in a presentation to blue chip giant Cisco by inflating it by some $20 million.

In order to read the complete news article from Gamasutra, click here.

By: 247 Wallst.
Charles B. Stockdale, Michael B. Sauter, Douglas A. McIntyre

Secrecy is critical to more businesses than most people might imagine.

Entire industries are based to some extent on the process of creating goods and services and then putting them behind walls of secrecy.

This is a list of eight of the most secretive companies in America, firms which rely heavily on keeping secrets. A breach of their most confidential products or services could damage their current business value and, over time, even destroy a company.

In order to continue reading about eight of the most secretive compaines, please click here.

By: Jenny Vrentas
The Star-Ledger

Rex Ryan dismissed the notion that the Ravens offense could have learned valuable information about the Jets defense from the five episodes of HBO's "Hard Knocks."

"What are you going to learn?" Ryan asked. "You guys saw it. What did you get out of it?"

Ryan added the Ravens might get more out of their own playbook, since he brought his defensive scheme to the Jets from Baltimore.

"I was like, 'You've got the playbook right there,' " Ryan said. "There might be something in the playbook that might be a little more revealing than what you saw on 'Hard Knocks.'

To read the complete news article from NJ.com, please click here.

By: Benny Evangelista
Chronicle Staff Writer

HP filed the breach of contract lawsuit just 16 1/2 hours after Oracle Chief Executive Officer Larry Ellison announced that he had hired Hurd as a co-president. Hurd is also joining Oracle's board of directors.

"Mark Hurd agreed to and signed agreements designed to protect HP's trade secrets and confidential information," HP spokesman Hani Durzy said in a statement. "HP intends to enforce those agreements."

HP is seeking an injunction against Hurd joining a competitor. The suit also names a series of John Does, which leaves it open to include other Oracle officials.

To read the complete article from the San Francisco Chronicle, please click here.

Devine Agrees to Keep Apple's Secrets Secret
By Jeff Gamet

Paul Shin Devine, the former mide-level Apple manager accused of selling company information to parts suppliers, has agreed to honor a court order that protects Apple's trade secrets during pre-trial negotiations, according to Bloomberg.

Mr. Devine was charged with accepting kickbacks from vendors in exchange for early information about upcoming Apple products while he served as a mid level global supply manager.

Authorities found over US$150,000 stored in shoeboxes in Mr. Devine's house during a search, and also tracked down several overseas bank accounts holding "a significant amount of money."

Mac Observer, click here.

By CHARLES WILSON (AP)

A former Indiana scientist accused of illegally sending trade secrets worth $300 million to China and Germany was ordered detained Tuesday on rare charges of economic espionage.

A federal indictment unsealed in Indianapolis alleges that 45-year-old Kexue Huang, who was born in China, passed on proprietary information about the development of organic pesticides to Hunan Normal University while he worked as a researcher for Dow AgroSciences in Indiana from 2003 to 2008.

Dow Agrosciences is a subsidiary of Midland, Mich.,-based Dow Chemical Co.
Assistant U.S. Attorney Cynthia Ridgeway said Huang, a Canadian citizen with permanent U.S. resident status, used a "patient and calculated" plan to "drain" the Indianapolis-based company of technology that took 20 years to develop.

The indictment alleges that Huang published a paper in China about the organic pesticides and also directed students at Hunan Normal in further research.

FBI Special Agent Karen Medernach testified that e-mails showed Huang was developing an operation to market the pesticides in China, where he stood to make millions of dollars. She said the agency believed that Huang stole samples of the bacterial strain used in the pesticides and smuggled them to China in his son's suitcase.

To continue reading this interesting article from The Associated Press, click here.