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Ex-Intel engineer Varun Gupta sentenced and fined $34,472 for stealing trade secrets and sharing with Microsoft; Judge says: Used those materials during ... - The Times of India
Tech News : Varun Gupta, a former Intel engineer, received two years of probation and a $34,000+ fine for sharing Intel's trade secrets with Microsoft. He copied
According to Assistant US Attorney William Narus, Gupta copied thousands of confidential files from his Intel computer onto a portable hard drive before leaving the company in 2020, as per a report in Oregon Live.He then “repeatedly accessed those documents” and used them to represent Microsoft in contract negotiations with his former employer, specifically on a deal related to computer processors, the report added.“Not only did the defendant take proprietary materials with him, he also used those materials during negotiations against his prior employer,” Narus said in a sentencing memo. Angeli noted that his client had already lost the high-level position he worked years to achieve, settled a civil lawsuit with Intel for $40,000, and experienced a permanently damaged reputation that effectively ended his career in the tech sector.In a prepared statement to the court, Varun Gupta apologised to both Intel and Microsoft, as well as the government, for the resources spent “because of my bad decision.” He spoke of his daily struggle with questions about his future and his "legacy" as he works to rebuild his life in a new country. After leaving the tech industry, Varun Gupta relocated his family to France and is now studying vineyard management, with aspirations of working in the wine industry.Samsung Galaxy Z Fold7 Review: Changing The Game
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