Jobs reveals details of threatening Palm's president from court records

By Srinath H Shankar

Apple's Steve Jobs urged Palm's then CEO, Edward Corrigan, to conclude an 'agreement prohibiting the withdrawal of employees,' but Corrigan's stubborn refusal is in Silicon Valley. It was a well-known rumor , but the details of the negotiations between the two parties were finally revealed in the court records.

October 24, 2013 Class Cert Order
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Steve Jobs threatened Palm's CEO, plainly and directly, court documents reveal | PandoDaily
http://pando.com/2014/02/19/court-documents-reveal-steve-jobs-blistering-threat-to-ceo-who-wouldnt-join-wage-fixing-cartel/

Jobs-Corrigan's negotiations were revealed when a former employee said that several major Silicon Valley IT companies had secretly signed an agreement to 'not pull out each other's human resources'. A lawsuit was filed against multiple companies such as Google for damages. The material submitted as evidence of the trial included an email record of the negotiations between the two parties.

Jobs, Apple's CEO at the time of August 2007, was furious that Palm had pulled out Apple's technicians and complained to Corrigan. But CEO Corrigan said, 'It's true that Palm hired a former Apple employee, but that's nothing new. Apple would have pulled at least 2% of Palm's engineers to develop the iPhone. '?'

In response to this response, Jobs invites CEO Corrigan to conclude an 'agreement that promises that neither Apple nor Palm will pull out each other's engineers in the future.' In addition, this proposal suggests that 'Apple will sue Palm for patent infringement if you do not agree', which was close to 'threatening'.

Jobs had stepped on that CEO Corrigan would not reject the proposal, but CEO Corrigan stubbornly rejected it. 'The cartel's proposal to not hire each other's employees is not only totally wrong, but probably illegal,' said Corrigan. We cannot deny the legitimate right of '.'

Also, regarding Jobs' threat to file a lawsuit that requires a large amount of money, 'I want to make it clear that Palm is not afraid of your threat. If you choose the proceedings, Palm will have the intellectual property. I'll fight back with my fortune, but I don't think the proceedings are the right answer, 'CEO Corrigan said.

Jobs got an unexpected answer, but he was known as Apple's 'world's most powerful manager', which became huge due to the success of iPod and iPhone, and he signed a 'pull-out prohibition agreement' with CEO Corrigan. It's either a choice or a ruin. '

Jobs's answer to CEO Corrigan was, '(Mr. Corrigan's) decision isn't satisfactory for Apple. We're prepared to do everything we can. But I think you should have a good understanding of the asymmetry of the financial situation between Apple and Palm (Apple has huge assets compared to Palm). Take a closer look at Apple's portfolio of intellectual property before making a decision. ”Is my advice.”

In the end, Jobs' threat did not give in to CEO Corrigan until the end, but in 2009, CEO Corrigan resigned and left Palm. And while Apple, which threatened Palm, continued to dominate the mobile device market and became huge, in April 2010, Palm was acquired by HP and disappeared from the front stage.

For Tim Wu's best-selling ' America in Search of the Master Switch'The Right Authorizer'' by Tim Wu , one of the 100 most influential lawyers in the United States, movie theater owners once tied up a cartel to distribute the movie. Many examples of ' free market wins' were given, such as trying to monopolize and losing their position to an emerging Hollywood movie company like Paramount, but given the fate of Apple and Palm, Silicon. It can be said that the free market victory did not occur in the valley.