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Intellectual Property Law

: The Trade Secrets Vault

Viacom tries to stop trade secrets leaking

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Fatima Schroeder A Cape Town company that has been developing an instant mobile messaging service to rival the popular Mxit, is applying for a High Court order to stop a former employee moving to a group that owns 30 percent of the Mxit business, fearing he may divulge secret information. The company, Viamedia, says its former digital marketer Stafano Sessa has played "a pivotal role" in launching the service, which has been code-named VIP. If he moves to rival business 24.com, he will be able to divulge information which Viamedia has spent millions of rands developing, the company states in court papers. But Sessa, who has also prepared a costing scheme for Viamedia on sales through the popular Facebook Internet website, says he was "bored and frustrated" at Viamedia.

Full post as published by The Trade Secrets Vault on July 05, 2008 (boomark / email).

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