Ex-Ford Employee Admits Stealing Secrets Worth $50 Million

Ex-Ford Employee Admits Stealing Secrets Worth $50 Million

Espionage! A former Ford engineer charged with stealing trade secrets worth $50 million has pleaded guilty, and was apparently caught with the evidence on his laptop when he was arrested in Chicago in 2009. The man worked for Ford for 10 years before quitting the company to accept a position at a Ford competitor — Beijing Automotive. [More]

Pepsi Snitches on Coca-Cola Trade Secrets Thief

Pepsi Snitches on Coca-Cola Trade Secrets Thief

The wonderful world of industrial soft-drink espionage. Three employees of Coca-Cola Inc. are under arrest for attempting to sell trade secrets (and a sample of a new drink — what can they add cherry and vanilla to this time?) to rival Pepsi.