The U.S. securities regulator has obtained a court order to freeze the assets of a Chinese online gaming CEO over what it described as "suspicious" trading activity ahead of a $10 billion deal by U.S.-listed Qihoo 360 Technology Co Ltd.
The founder of virtual reality glasses maker Oculus VR Inc, acquired by Facebook Inc for $2 billion, has been accused of taking confidential information he learned while working with another company and passing it off as his own, according to a lawsuit filed this week.
A prostitute charged with killing a Google executive by injecting him with heroin on his yacht off the California coast pleaded guilty on Tuesday to involuntary manslaughter, court officials said.
The Obama administration has been locked in internal wrangling over what position to take in high profile litigation between two American technology giants, Google and Oracle, according to multiple sources familiar with the discussions. It faces an end-of-May deadline to decide whether to take sides in a case before the U.S. Supreme Court that will have wide implications for the technology industry.
