AMD employee charged with stealing Intel secrets

[HURST]

{QUOTE-> A former Intel Corp. engineer has been charged with stealing trade secrets worth $1 billion from the chipmaker while he worked for its main rival, Advanced Micro Devices Inc.
Federal prosecutors in Massachusetts alleged this week in a five-count indictment that Biswamohan Pani, 33, illegally downloaded more than a dozen confidential documents from Intel's computer system in California during a four-day stretch in June. He had already resigned from Santa Clara, Calif.-based Intel, but remained on the payroll and still had access to the company's computers while he burned unused vacation days.

<-QUOTE}

http://www.usatoday.com/tech/news/2008-11-06-amd-intel_N.htm?csp=34

[djohn]

He advanced his career alright,Career of the criminal. Lots of luck to him in federal prison if convicted, He is going to need it.

[JRViejo]

{QUOTE-> He had already resigned from Santa Clara, Calif.-based Intel, but remained on the payroll and still had access to the company's computers while he burned unused vacation days. <-QUOTE}
Sounds like Intel's IT Department didn't get the memo. I'm sure that's going to be part of his defense: "Your Honor, if my client had been taken offline when he gave his resignation, he would not had been tempted to download the documents. It's all Intel's fault!"

[farmerlee]

Sounds like AMD's getting desperate having to resort to corporate espionage lol.

[Arup]

Fat good it will do to AMD's already dwindling sales prospects.

[Firecat]

{QUOTE-> Fat good it will do to AMD's already dwindling sales prospects. <-QUOTE}
Even worse than that actually because the last quarter actually saw some improvement for the company. Now I wonder what will happen - panic can drive stocks down fast sometimes.