Feeds

Gates' Corbis busted again for fraud

Infoflows wins US$12m in damages, Gates still mad

  • alert
  • submit to reddit

The essential guide to IT transformation

Corbis, the digital stock photo company founded by Bill Gates in 1989, remains embroiled in a protracted fraud case instigated by Seattle based Infoflows.

In the latest instalment Corbis has been ordered to fork out US$12.75 million in damages by the Washington State Court of Appeals as part of the three-year fraud and breach of contract case. The legal tangle has been going on since 2007 in a matter that alleges Corbis stole trade secrets.

Infoflows provides software that monitors licensed digital content, and it previously developed tech for Corbis.

According to the claim by Infoflows, Corbis abruptly terminated the contract after four months and claimed ownership of the technology. Infoflows then discovered that Corbis was patenting its own system based on what Infoflows saw as its own IP. In January 2007, Corbis sued Infoflows for breach of contract and trade secret misappropriation. Infoflows countersued claiming several charges of fraud.

Corbis was originally ordered to pay $36 million in damages but appealed the decision.

“We are pleased that the court of Appeals saw this case for what it was — repugnant conduct by executives of Corbis who attempted to deceive Infoflows and misappropriate its intellectual property and then cover their actions,” said Infoflows CEO Steve Stone.

Corbis is still considering further appeal. ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.