Post-it Problem: Post-it notes are key evidence in a trade secrets case against Google Inc., which is accused by London-based VSL Communications of stealing a novel method for shrinking video and audio files. According to VSL, Google said it was interested in buying the company and coerced VSL into handing over secret files. The sale never happened, and when VSL got its documents back, they were covered in Post-its about how to make best use of the technology and suggestions that emails be destroyed, The Recorder reports.
Compliance Boom: Big banks are beefing up compliance departments to ensure they don’t violate sanctions programs put in place by the Treasury Department. Such programs have more than doubled to 37 over the past decade. “The demand for expertise in this space has skyrocketed,” a former Treasury official says, according to Bloomberg.
