Michael Simon, staff writer for PCWorld, discusses the Waymo vs. Uber trade secrets trial and the testimony from former Uber CEO Travis Kalanick.
We dig into Kalanick's statements in the trial where he seemed to distance himself from Anthony Levandowski, the former Waymo employee accused of taking trade secrets with him to Uber. Kalanick says he tried to give Levandowski independence while he ran Otto, the self-driving car company that Uber eventually acquired.
Simon says Kalanick's testimony could seem nefarious if you believe he was involved with the theft of intellectual property. He says the question here is where Levandowski ends and where Waymo begins.
FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he had repeatedly tried to influence witnesses against him.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. On the list this week: ESPN, Disney, WeWork, Campbell Soup, Tapestry and Capri Holdings.
