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From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
CEO Rob Wiesenthal said the company chose now to go public because technological innovations in ground mobility will bleed over into the air transport space.
Dozens of states filed an anti-trust lawsuit against Google on Thursday, alleging that the search giant has an illegal monopoly over the online search market that hurts consumers and advertisers.
Robinhood Financial is agreeing to pay $65 million to settle government charges that it failed to disclose the full details of its dealing with high-speed traders and didn’t get the best prices for customers trading on its app.
The price of bitcoin has risen above $20,000 for the first time, as the speculative digital currency topped its previous peak reached shortly after it became tradable on Wall Street three years ago this month.
Amazon-owned Zoox has unveiled its first self-driving robotaxi that can seat up to four passengers, has no steering wheel, can run for 16 hours on a single charge, and can travel at up to 75 miles per hour.