Microsoft and Google settle
InternetNews | at | by Mike
Microsoft said it's settled its litigation with archrival Google over the latter's hiring of Kai-Fu Lee, the executive who led Microsoft's expansion into China.
When Google tapped Lee to head a new research lab in China, Microsoft cried foul. In July, it sued Google and Lee for violating the terms of a non-competition agreement Lee had signed while at Microsoft.
Microsoft put out a statement saying, "Microsoft, Dr. Lee and Google have reached an agreement that settles their pending litigation. The Parties have entered into a private agreement that resolves all issues to their mutual satisfaction."