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Technology
Palash Volvoikar

Apple to settle trade secret lawsuit with Rivos over gaining chipset design data through poached employees

Apple BKC launch Tim Cook.

Apple has decided to settle a lawsuit with Rivos, a chip startup that it accused of using its confidential data by poaching its employees. The lawsuit was filed almost two years ago in May 2022, and the two parties seem to have reached an agreement outside of court to settle the lawsuit.

Rivos is something called a "stealth mode" startup, which means it operates with a lot of secrecy. As such, we may not learn about the settlement terms anytime so on. Apple likely doesn't want any more leakage of its private data as well, which could be another reason.

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