A lawyer for Uber says an ex-employee was "extorting" the company by alleging it stole trade secrets. But a judge suggests the rationale doesn't justify why the information was withheld in a trial brought by Google's Waymo about the theft of classified information. And car rental service Avis launches a fully-connected fleet in Kansas City. The company's 5,000 vehicles will be able to communicate with city controllers and possibly improve the experience for tourists. Plus Alexa is coming to the office! Amazon launching an enterprise version of its popular digital assistant, which will allow employees to schedule meetings and book conference rooms. And shares of Sears jumped after the legacy retailer reported a smaller loss than last year. But the stock is still only about where it was at the start of the month.

Share:
More In Business
Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Load More