By Michele Masterson, Nov. 06, 2008
Former Intel design engineer Biswamohan Pani was charged with four counts of wire fraud Wednesday in U.S. District Court in Boston. The new counts come on top of an earlier charge in August of trade secret theft, which allegedly occurred when he left Intel for AMD in June. The trade secret information was alleged to be worth $1 billion in research and development costs. Pani was reportedly a designer with the Itanium processor team. Pani announced his resignation in May from Intel, telling his employer that he had taken a job at a hedge fund, but began working for AMD in the beginning of June. According to The Worcester Telegram & Gazette, the indictment accuses Pani of accessing Intel's computer network and downloading 13 "top-secret" Intel documents in addition to other confidential and proprietary information. The pilfered information reportedly included information about accessing encrypted documents without being connected to Intel's network. An earlier affidavit filed in late August alleged that the FBI discovered 100 pages plus 19 design drawings during a raid. Pani was subsequently charged with one count of theft of trade secrets.
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Thursday, November 6, 2008
Feature films coming to YouTube
by Greg Sandoval November 6, 2008
YouTube will begin offering feature films produced by at least one of the biggest Hollywood movie studios possibly as early as next month, according to an executive with a major entertainment company. For months, Google, YouTube's parent company, has been talking to the major film companies about launching an ad-supported, streaming movie service, two execs with knowledge of the negotiations told CNET News. "It's not imminent," said one of the executives. "But it's going to happen. I would say you can expect to see it, if all goes well, sometime within the next 30 to 90 days." To be sure, not all the studios are prepared to give YouTube full-length movies. Canadian film company Lionsgate agreed in July to give YouTube access to only short movie clips. At least one other studio is trying to cut a similar deal for short-form content with Google, said a separate high-level industry insider.
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YouTube will begin offering feature films produced by at least one of the biggest Hollywood movie studios possibly as early as next month, according to an executive with a major entertainment company. For months, Google, YouTube's parent company, has been talking to the major film companies about launching an ad-supported, streaming movie service, two execs with knowledge of the negotiations told CNET News. "It's not imminent," said one of the executives. "But it's going to happen. I would say you can expect to see it, if all goes well, sometime within the next 30 to 90 days." To be sure, not all the studios are prepared to give YouTube full-length movies. Canadian film company Lionsgate agreed in July to give YouTube access to only short movie clips. At least one other studio is trying to cut a similar deal for short-form content with Google, said a separate high-level industry insider.
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