Deal Book – by Andrew Ross Sorkin
It is the talk of the Valley.
A high-stakes negotiation is taking place in Silicon Valley among some of the biggest names in the industry — Apple and Googleamong them — over accusations that they were involved in a collusion to prevent their employees from being hired at rival companies. The employees filed a class-action suit, contending that the illegal hiring practices cost employees $9 billion in lost wages. Now the companies are locked in mediation sessions, hoping to settle the case in the next several weeks. Continue reading “Tech Firms May Find No-Poaching Pacts Costly”

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Weapons Man
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