Apple Alleges Massive Vision Pro Secrets Theft
The complaint filed in Santa Clara County Superior Court says Liu resigned under the guise of family and health but used his credentials to pull thousands of documents from Apple systems just three days before his departure.
According to the suit, Liu amassed files covering product design, quality control, cost structures and supply-chain strategiesdata embodied in Apple Vision Pro or not yet released.
Apple claims Liu then uploaded those documents into his personal cloud storage, effectively packing its proprietary R&D into a suitcase bound for a competitor's lab. Snap, which sells Spectacles wearables, says it's reviewed the allegations and has no reason to believe they are related to this individual's conduct at Snap.
This marks Apple's latest high-profile trade-secret battle following suits in 2021 against a designer accused of leaking to a journalist and in 2022 against chip startup Rivos. Federal authorities also charged a software engineer in 2023 for allegedly stealing thousands of sensitive Apple files.
AAPL shares ticked up 1.10% today amid the news, underscoring investor focus on intellectual-property protection.
Why It Matters: Engineers with inside knowledge are vital to Apple's AR push, and any leak could narrow its competitive edge in a fast-evolving market. The case also highlights the legal risks companies face when talent jumps between rivals.
This article first appeared on GuruFocus.
Se produjo un error al recuperar la información
Inicia sesión para acceder a tu portafolio
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
New phone safety features can help kids. But they only work if parents set them up
Keeping kids safe online can be a full-time job for parents. While good communication between parents and children is key, moms and dads should set kids up for success by placing parental controls on devices. Apple has a new software update; coming in September, iOS 26 expands tools that can help in the effort. For parents whose children have an iPhone, they can now play a role in deciding who their kids can text through Messages. If children want to communicate with a new phone number, they will need to get permission from their parents. It's a one-tap approval method for mom or dad, but gives parents a heads up that someone new may be entering their kids' digital life. Kids will also be able to send a parental approval request to chat, follow or friend users in any third-party apps (not developed by Apple) as well. Child Accounts have the user's age-range information. Now parents can share those details with app developers while keeping the child's birth date private. If developers receive the age information, they may better provide age-appropriate experiences for those users. Moms and dads can decide whether they want their kids' age range information shared with all apps or only those they select. Children cannot decide how their age range information is shared unless their parents allow them to do so. Whether or not a young person's account was set up as a Child Account, these age-appropriate protections will be enabled for all users 13 to 17. Web content filters, age ratings and Communication Safety will all be enacted on those accounts. Utah was the first state in the country to pass a bill requiring app stores to verify kids' ages. The state's App Store Accountability Act requires app stores — not individual apps — to seek parental consent before allowing minors to download apps. Each app on the App Store already shows its age rating based on information provided by developers. For parents, that's often a first check to help them decide whether the app would be appropriate for their child to download. Right now, those ratings are for ages 4+, 9+, 12+ and 17+. That leaves a big gap for teenagers. What may be appropriate for a 13 year old may not be for a 16 year old. Apple is helping by expanding age ratings by the end of the year, when you will see additional guidance for 4+ and 9+, but then 13+, 16+ and 18+. Since these age ratings are also used for parental control features like Screen Time and Ask to Buy, these differentiations will likely be helpful for many parents. Communication Safety is a feature that aims to stop kids from seeing nudity. If something explicit is detected in a photo or video a child receives or is trying to send, the image will be blurred. In the upcoming iOS 26 update, that capability will also apply to FaceTime. Apple says it will 'intervene' when nudity is detected in FaceTime video calls and will also blur out any nudity in Shared Albums in Photos. How do Android phones stack up against these parental controls? For those under 18, Google Messages triggers a sensitive content warning when it detects images that contain nudity. That prompts an Android device to blur those images and give helpful resources to users who receive that type of content. Parents can control the feature through Family Link for Supervised users. It's off by default for adults and unsupervised teen accounts, but users can turn it on in settings. This feature does not work for videos. Google Meet has an Acceptable Use Policy that prohibits nudity but only has the blurring capability in Messages. For now, apps in the Google Play Store follow the age ratings from the International Age Rating Coalition which are similar to those Apple has favored in the past. They break age categories into 3+, 7+, 12+, 16+ and 18+. When it comes to texting, parents of teens with Android phones can turn on 'Only allow calls and texts from phone contacts:' through Family Link. This blocks incoming texts from unknown numbers, but not outgoing ones. And worth noting: Android allows the incoming calls and text to go through if a child has reached out to that number within the past month. Giving parents more options to monitor how their kids spend time online is helpful. But while these companies grant the ability to have parental controls, they only work if moms and dads actually set them up. If parents haven't yet set up monitoring through Family Share for Apple or Family Link for Google, it's never too late to start.
Business Wire
3 hours ago
- Business Wire
Valaris Announces Multi-Year Contract Awards for Drillships VALARIS DS-16 and DS-18
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ('Valaris' or the 'Company') announced today that it has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18, that is expected to start in mid-fourth quarter 2026, with Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental, in the Gulf of America. The combined addition to contracted revenue backlog is approximately $760 million. President and Chief Executive Officer Anton Dibowitz said, 'We've secured approximately $1.9 billion in new contract backlog so far this year, reflecting solid execution of our commercial strategy and our ability to deliver safe and efficient operations for our customers. We remain focused on securing additional attractive, long-term contracts for our high-specification assets that will further support our earnings and cash flow.' About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Valaris Limited is a Bermuda exempted company (Bermuda No. 56245). To learn more, visit our website at Cautionary Statements Statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "likely," "outlook," "plan," "project," "could," "may," "might," "should," "will" and similar words and specifically include statements regarding expected financial performance; expected utilization, day rates, revenues, operating expenses, cash flows, contract status, terms and duration, contract backlog, capital expenditures, insurance, financing and funding; the offshore drilling market, including supply and demand, customer drilling programs and the attainment of requisite permits for such programs, stacking of rigs, effects of new rigs on the market and effect of the volatility of commodity prices; expected work commitments, awards, contracts and letters of intent; scheduled delivery dates for rigs; performance and expected benefits of our joint ventures, including our joint venture with Saudi Aramco; timing of the delivery of the Saudi Aramco Rowan Offshore Drilling Company ("ARO") newbuild rigs and the timing of additional ARO newbuild orders; the availability, delivery, mobilization, contract commencement, availability, relocation or other movement of rigs and the timing thereof; rig reactivations; suitability of rigs for future contracts; divestitures of assets; general economic, market, business and industry conditions, including changing tariff policies, trade disputes, inflation and recessions, trends and outlook; general political conditions, including political tensions, conflicts and war; cybersecurity attacks and threats; uncertainty around the use and impacts of artificial intelligence applications; impacts and effects of public health crises, pandemics and epidemics; future operations; ability to renew expiring contracts or obtain new contracts; increasing regulatory complexity; targets, progress, plans and goals related to sustainability matters; the outcome of tax disputes; assessments and settlements; and expense management. The forward-looking statements contained in this press release are subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated, including cancellation, suspension, renegotiation or termination of drilling contracts and programs; our ability to obtain financing, service our debt, fund capital expenditures and pursue other business opportunities; adequacy of sources of liquidity for us and our customers; future share repurchases; actions by regulatory authorities, or other third parties; actions by our security holders; internal control risk; commodity price fluctuations and volatility, customer demand, loss of a significant customer or customer contract, downtime and other risks associated with offshore rig operations; adverse weather, including hurricanes; changes in worldwide rig supply; and demand, competition and technology; supply chain and logistics challenges; consumer preferences for alternative fuels and forecasts or expectations regarding the global energy transition; increased scrutiny of our sustainability targets, initiatives and reporting and our ability to achieve such targets or initiatives; changes in customer strategy; future levels of offshore drilling activity; governmental action, civil unrest and political and economic uncertainties, including recessions, volatility affecting financial markets and the banking system, changing tariff policies, trade disputes, and adverse changes in the level of international trade activity; terrorism, piracy and military action; risks inherent to shipyard upgrade, repair, maintenance, enhancement or rig reactivation; our ability to enter into, and the terms of, future drilling contracts; suitability of rigs for future contracts; the cancellation of letters of intent or letters of award or any failure to execute definitive contracts following announcements of letters of intent, letters of award or other expected work commitments; the outcome of litigation, legal proceedings, investigations or other claims or contract disputes; governmental regulatory, legislative and permitting requirements affecting drilling operations; our ability to attract and retain skilled personnel on commercially reasonable terms; the use of artificial intelligence by us, third-party service providers or our competitors; environmental or other liabilities, risks or losses; compliance with our debt agreements and debt restrictions that may limit our liquidity and flexibility, including in any return of capital plans; cybersecurity risks and threats; and changes in foreign currency exchange rates. In addition to the numerous factors described above, you should also carefully read and consider "Item 1A. Risk Factors" in Part I and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II of our most recent annual report on Form 10-K, which is available on the Securities and Exchange Commission's website at or on the Investor Relations section of our website at Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to update or revise any forward-looking statements, except as required by law.
Yahoo
3 hours ago
- Yahoo
I'm a Diehard Apple Fan, but This July 4th Offer on the Lenovo Tab Plus Has Me Seriously Reconsidering My iPad Obsession
I've been part of the Apple ecosystem for close to 20 years -- since first buying a MacBook in 2006 and getting a free iPod (remember those?) with my purchase. While these days I do most of my work on a much newer MacBook, I've used an older iPad for travel for a number of years. My teenage son is after a new tablet for himself, and though my instinct is to go back to Apple, this Fourth of July offer on the Lenovo Tab Plus has me seriously considering snapping one up. Available directly through Lenovo, the Lenovo Tab Plus is down to $220, a $130 discount on the usual price. For that you'll get 8GB of memory and 256GB of storage, great picture quality and excellent sound thanks to built-in JBL speakers. Hey, did you know? CNET Deals texts are free, easy and save you money. It turns out I'm not the only Apple devotee with a penchant for Android tablets. Cesar Cadenas, a writer over at CNET's sibling site ZDNet, wrote a favorable review of the Lenovo Tab Plus. Among his many praises, he particularly loved the JBL eight-speaker system, which packs a surprising punch. As someone who usually feels the need for an external speaker or headphones with my iPad, I love the idea of decent sound quality built in. The Lenovo Tab Plus features an 11.5-inch display, and weighs in at 1.4 pounds. That's pretty lightweight, which makes it ideal for travel. The other tempting feature, beyond that speaker setup, is the integrated kickstand for easy viewing. Ultimately, this device is made for streaming movies, gaming and maybe a bit of e-reading and light internet surfing. As a secondary device to a laptop, it makes a lot of sense. Especially for the teen who keeps borrowing my tablet. You'll also get a MediaTek Helio G99 processor and an Android 14 operating system, which can be upgraded to Android 16. It's capable of a 1TB of expandable storage capacity if you choose. Lenovo Tab Plus: $220 (Original price: $350) See at Lenovo Not convinced? Check out CNET's roundup of the best Fourth of July Apple deals right now. And be sure to browse through some of our other roundups for round the clock bargain updates, including items under $25, top deals from Amazon competitors like Best Buy, Walmart and Home Depot, and more. The Lenovo Pad Plus offers an elevated tablet experience with a decent-sized screen at an already competitive price of $350. With that price dropped down by more than $100, it places this Android tablet firmly in the running, especially if you're on the hunt for a device for a student.
