Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
ThinkSecret Cash 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.