ThinkSecret Cash Settlement?
The L.A. Times cites sources in-the-know that claim that ThinkSecret's Nick Ciarelli did indeed receive some amount of monetary compensation from Apple as part of their final settlement.
There has been a tremendous amount of speculation that this may have been the case, but no real confirmation.
ThinkSecret issued a statement late last week that they had reached an amicable settlement with Apple over an almost 3 year old lawsuit accusing ThinkSecret of illegally obtaining and disseminating Apple trade secrets. The only details of the settlement revealed were that ThinkSecret would not reveal their sources, and would no longer be published. Later comments from Ciarelli's lawyer suggested that Apple settled to avoid potentially losing the case if it were pursued. Apple, however, has made no public comments settlement.
[Ciarelli] also received a payment from Apple, according to a person familiar with the case. Both sides declined to discuss details of the agreement.
There has been a tremendous amount of speculation that this may have been the case, but no real confirmation.
ThinkSecret issued a statement late last week that they had reached an amicable settlement with Apple over an almost 3 year old lawsuit accusing ThinkSecret of illegally obtaining and disseminating Apple trade secrets. The only details of the settlement revealed were that ThinkSecret would not reveal their sources, and would no longer be published. Later comments from Ciarelli's lawyer suggested that Apple settled to avoid potentially losing the case if it were pursued. Apple, however, has made no public comments settlement.
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54 months ago
Duhhhh!!!
This is the only way that shutting the site down would have been a "win"
Interested in how much though...although I'd bet Apple made he promise not to tell(or he's lose the $$)
This is the only way that shutting the site down would have been a "win"
Interested in how much though...although I'd bet Apple made he promise not to tell(or he's lose the $$)
54 months ago
what's the big deal about this.
lack of any news is a bad thing.
Let's move on. TS was dead long time ago anyway. So it doesn't matter.
Update the damn MacPro at MWSF! :eek::D
lack of any news is a bad thing.
Let's move on. TS was dead long time ago anyway. So it doesn't matter.
Update the damn MacPro at MWSF! :eek::D
54 months ago
You know a confidentiality claus is tied to every single one of those dollars.
54 months ago
what's the big deal about this.
lack of any news is a bad thing.
Let's move on. TS was dead long time ago anyway. So it doesn't matter.
Update the damn MacPro at MWSF! :eek::D
Nope sorry, the Mac Pro Update funds were given to Nick. So no updates for another year :(
:p
54 months ago
Not a shocker. This is how a high majority of cases like this get dealt with.
I don't blame the guy either though I can see a lot don't understand why he did it. Money talks and it is very easy for many to say they would/wouldn't do something when the actual money isn't there
I don't blame the guy either though I can see a lot don't understand why he did it. Money talks and it is very easy for many to say they would/wouldn't do something when the actual money isn't there
54 months ago
I'm guessing around $1M. We might be able to find out when Apple posts their financials and we can dig through their expenditures.
54 months ago
what's the big deal about this.
lack of any news is a bad thing.
Let's move on. TS was dead long time ago anyway. So it doesn't matter.
Update the damn MacPro at MWSF! :eek::D
I'm actually a little indifferent about the whole ThinkSecret thing, but wouldn't it be a great Christmas present to have MacPros released on Tuesday the 25th? ;)
54 months ago
Let the man have his space. If he got money, good for him. If not, oh well.
Slow news day? Really, I think this one's been laid to rest already.
Slow news day? Really, I think this one's been laid to rest already.
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