Tech giants settle suit over no-poaching deal

Tech giants Apple, Google, Adobe and Intel settled a lawsuit Thursday that charged they had colluded to hold salaries down by agreeing to not poach each other’s staff.

The four reached an agreement to settle all claims against them with lawyers for the plaintiffs in the case dating back to 2011, a statement from the San Francisco US district court said.

No details were given of the amounts, if any, in the settlement, and it did not cover three other industry leaders also sued: Intuit, Lucasfilm and Pixar.

The case built up strongly against them in January when the judge in the case, Lucy Koh, cited emails from late Apple founder Steve Jobs requesting in 2007 that Google stop recruiting Apple workers.

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