Apple, Google offer $415 million to settle antipoaching suit

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Four Silicon Valley companies -- including Apple and Google -- have agreed to pay $415 million to settle an antitrust lawsuit that accused the companies of conspiring not to hire away each other's employees.

The proposed settlement, which also includes Intel and Adobe Systems, was revealed in a motion filed by the companies Thursday in US District Court in San Jose, Calif. The settlement offer -- the second presented in the case -- is $90.5 million more than a previous offer that was rejected by a federal judge.


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