SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony@Pacific who wrote (17945)3/7/1999 5:18:00 PM
From: Maximum_Gain  Read Replies (1) of 122087
 
Yahoo! News
Technology Headlines

Sunday March 7 3:24 PM ET

Yahoo! targeted over board postings

By Maria Seminerio, ZDNet

Defense giant Raytheon Corp. has filed suit against 21 anonymous online chatters it believes are employees who divulged trade secrets on
Yahoo! Inc. discussion boards.

The Lexington, Mass.-based company is also seeking an injunction forcing Yahoo (Nasdaq:YHOO), in Santa Clara, Calif., to identify the individuals in order to
determine whether they are in fact Raytheon employees, Raytheon spokeswoman Toni Simonetti said.

The case could further test the extent to which Internet sites are held liable for the material they publish.

The lawsuit was filed not to prevent workers from discussing company matters, but to protect sensitive trade secrets, she said.

"We encourage the free exchange of information among our employees, but the issue here is the disclosure of proprietary financial and business strategy information,"
Simonetti said. Raytheon has a responsibility to shareholders to protect such data, she said.

Idea exchange encouraged
A Yahoo! spokeswoman said the company will identify the chatters if ordered to do so by the court, and added that past court rulings have concluded Yahoo!
cannot be held legally responsible for content posted on its message boards by chatters.

A disclaimer on the site tells users that Yahoo! can't guarantee information posted on its message boards is true, and bars users from posting harassing, defamatory
or libelous information, or data that otherwise violates the law.

The lawsuit, filed Feb. 1 in Middlesex Superior Court in Cambridge, Mass., alleges that the 21 people, who went by online aliases such as "RSCDeepthroat,"
(presumably a reference to Raytheon subsidiary Raytheon Systems Co.) broke the law by divulging company secrets in 29 separate Yahoo discussion board
postings.

The messages, several of which Raytheon claims were erroneous, dealt with the company's financial health, pending business deals, and confidential employee data,
according to the suit.

Trade secrets clause
The suit claims the workers violated employee agreements not to disclose confidential data, charging them with "misappropriation of trade secrets." The messages
were posted between March 1998 and January of this year.

Raytheon is also seeking an injunction against the unnamed chatters barring them from further disclosure of company information, along with compensatory damages,
attorney's fees and other expenses.

dailynews.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext