... and there's the AMD suit
Subject: General Tech | January 18, 2018 - 03:27 PM | Jeremy Hellstrom
Tagged: Intel, amd, spectre, meltdown, Lawsuit
The lawsuit against Intel was launched last week and yesterday a similar case was launched against AMD by a shareholder, alleging that the company knew about their vulnerability to Spectre and hid that information causing detrimental affects to stock prices. There were several interesting points in the way the two cases differ, which The Register highlighted. The first is the timing, Intel's case encompasses the time from 27 July 2017, to 4 January 2018 while AMD's lawsuit starts the day of their last end of year report, 21 February, 2017. Not only does this encompass a longer period of time that the suit against Intel, it starts well before 1 June, 2017 when Project Zero first informed AMD of the vulnerability. Also worth noting is that AMD's stock prices are higher than they were at the beginning of 2017 which makes any damage to share prices hard to demonstrate.
The various companies that are vulnerable to Spectre, Meltdown or both need to make right by this but it is somewhat interesting to see the disparity between these two specific cases.
"Responding to the class-action lawsuit, an AMD PR rep told The Reg: "We believe these allegations are without merit. We intend to vigorously defend against these baseless claims."
Here is some more Tech News from around the web:
- Tim Cook Says Power Management Feature In Older iPhones Will Be Able To Be Turned Off In Future Update @ Slashdot
- Free gift for all readers: Google's AutoML launch translated into plain English (where possible) @ The Register
- ChaiOS is the 'text bomb' that's borking iMessage on macOS and iOS @ The Inquirer