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Apple Pay at Center of New Trade Secret Lawsuit
New York-based law firm Kasowitz LLP today announced that it is filing a lawsuit against Apple on behalf of its client, Texas-based company Fintiv,...
According to the press release, the complaint alleges that Apple approached Fintiv's predecessor CorFire between 2011 and 2012, and received confidential technical information under non-disclosure agreements (NDAs). "Apple's theft of Fintiv's technology is part of a pattern and practice that Apple has engaged in for years – falsely pretending to partner with companies in order to steal confidential and proprietary information under the guise of a working relationship, and thereafter hiring away key employees, all in order to steal the company's valuable intellectual property and use it to commercialize the business on its own," the complaint alleges. Apple says that Adaptive Power Mode can make "small performance adjustments" when necessary to extend an iPhone's battery life, including slightly lowering the display brightness or allowing some activities to "take a little longer."
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