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In early 2005, as demand for Silicon Valley engineers began booming, Apple’s Steve Jobs sealed a secret and illegal pact with Google’s Eric Schmidt to artificially push their workers wages lower by agreeing not to recruit each other’s employees, sharing wage scale information, and punishing violators. On February 27, 2005, Bill Campbell, a member of Apple’s board of directors and senior advisor to Google, emailed Jobs to confirm that Eric Schmidt “got directly involved and firmly stopped all efforts to recruit anyone from Apple.”

Adobe source code breach; it’s bad, real bad

The theft of source code for Adobe Acrobat, Cold Fusion and other products poses a wide-spread threat given the installed base of these products, particularly the Acrobat reader, security specialists said. Adobe disclosed the issue in a blog post on Thursday.