Apple and Google Will Settle Antitrust Lawsuit
Apple, Google, Intel, and Adobe have agreed to settle a lawsuit over hiring practices in Silicon Valley. In 2011, former workers alleged the companies conspired to not poach one another's employees in order to avoid a salary war. In so doing, they unfairly limited their workers' ability to find better-paying jobs, to a certain degree. The lawsuit was scheduled to go to trial next month, but today's settlement agreement scuttles the need for a trial. Terms of the deal were not disclosed.