Andrew Hawkins, transportation reporter for The Verge, explores the latest developments in the Waymo vs. Uber trial. Cheddar spoke to him just minutes before a settlement was reached between the two companies. He points out that the public battle between Uber and Waymo could have negative consequences for the ride-sharing industry. These companies consistently highlight how ride-sharing services help the public, yet the trial has unearthed allegations of theft and corporate greed that could tarnish the image of the whole industry.

Share:
More In Business
Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Load More