Lisa SUED: AMD Caught Bribing AnandTech and Others

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Advanced Micro Devices Inc, whose securities are traded in New York, "corruptly built up its computer hardware business, using bribe payments wired around the world through accounts here in New York City," Acting US Attorney Joon Kim said in a statement.

AMD and its subsidiary, ATI Technologies Inc, "have admitted to paying, over many years, more than $33 million in bribes to various computer hardware reviewers and their companies". Popular hardware review websites like AnandTech (who received over half the total of bribes) and Tom's Hardware are now coming under fire as well.

As part of the multinational case, US authorities charged the companies with violations of the Foreign Corrupt Practices Act, in what Kim called "one of the largest criminal corporate bribery and corruption resolutions ever".

In addition to the fines, the company "also agreed to implement rigorous internal controls and cooperate fully with the Department's ongoing investigation, including its investigation of individuals", the statement said.

The probes were opened in March 2017 into alleged payments made to AnandTech to obtain positive press over its competitors as well as a 49 percent stake ownership.

This is a satirical website. Don't take it Seriously. It's a joke.

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