Monday, February 1, 2010

Business Espionage - The Cost of Spying

Italy - Telecom Italia and former parent Pirelli on Monday said they agreed to settle a criminal probe into a suspected spy ring that used phone data records, freeing the companies from lengthy court proceedings.

Italian newspaper Corriere della Sera said Pirelli and phone giant Telecom Italia agreed to pay 7.5 million euros ($10.43 million dollars) in the plea bargain deal filed on Saturday. (more)