Amazon has filed a lawsuit against its former employee for allegedly breaching their non-compete contract. In doing so, the company inadvertently revealed that it has plans to launch its own business productivity apps.
The e-commerce giant sued its former Amazon Web Services (AWS) vice president, Gene Farrell, who joined a startup company, Smartsheet, as reported by Business Insider. Amazon said that prior to leaving AWS, Farrell had access to the cloud-computing unit’s “most critical confidential and proprietary information,” including its strategy, clients, and new products in the pipeline.
Because AWS currently does not have a product that directly competes with Smartsheet, the details of Amazon’s lawsuit suggest that the company is working on business productivity apps that would compete with what Smartsheet, Microsoft, Google and other companies are currently offering.
Under the lawsuit, Amazon wants the court to rule that Farrell should not be working with Smartsheet for the duration of their non-compete clause, in this case, 18 months. Farrell “cannot possibly forget everything he knows about AWS’s products and plans while he is working to develop products for its competitor,” Amazon said, as reported by Fortune.
Smartsheet CEO Mark Mader told Fortune that he thinks this is a message from the e-commerce company that other startups and firms should be careful when hiring Amazon employees. Tech executives have been moving between Amazon and Microsoft for years, so it is not clear what’s the motivation in Amazon’s case against Farrell.
Mader said in a statement about the suit that his company is “surprised by what we see as an enormous overreach in terms of how Amazon is defining productivity software as it relates to their competitive set. Smartsheet partners and integrates, versus competes, with storage, document creation, and communication platforms.” He added that Smartsheet views Amazon as a partner opportunity.
Claris Ventures, €85 Million Closing for the Turin-based Sgr Focused on Early-Stage Biotech
Claris Ventures, founded by Pietro Puglisi and Ciro Spedaliere, is thus confirmed as one of the main Italian operators with...
Nine Ways to Make Your Blog More Engaging
Knowing how to make your blog engaging is one of the most important elements of any smart digital marketing strategy....
UrbanFisio Launches Virtual Assistant to Surpass €1 Million by 2021
The company UrbanFisio had a turnover of $1.03 million (€878,000) in 2020 and expects to reach $1.53 million (€1.3 million)...
How Rating Discrepancies Undermine ESG
According to some experts, companies with higher sustainability scores have better risk management and compliance standards, leading to fewer extreme...
Elon Musk Said Tesla Will Accept Bitcoin Again
After Tesla accepted Bitcoin as a means of payment in March 2021, the company revised the decision again just two...
Featured7 days ago
Markets May Have Hit a Temporary Top that Could Continue into September
Business7 days ago
Extended Reality Investment Alert: XRApplied (XRA) Conditionally Approved to List on CSE
Crypto6 days ago
Canada Continues to Embrace Cryptocurrencies
Africa5 days ago
Grifols Continues to Grow in Africa and Will Build a Plant in Nigeria