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June 5, 2013By Sarah Weinman

In Court, Penguin CEO Shanks Testifies To “The Way This Crazy Business Works”

June 5, 2013By Sarah Weinman

Just before lunch on Day 2 of the Department of Justice’s trial against Apple, Penguin ceo David Shanks took the stand to explain his version of how the publisher’s agency model agreement with Apple came into being. Unlike the clipped, succinct testimony of Apple general counsel Kevin Saul, who finished his stint in the witness box earlier in the morning, Shanks’ manner was more expansive, even when it appeared to raise some eyebrows in the eyes of the court. At the close of the day’s testimony, Shanks’ spoke volumes when his explanation of the economic nuances of the agency model […]

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Filed Under: DOJ, Legal

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