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.
Eric Lynch, managing director of Scharf Investments, joined Cheddar News to discuss market trends and what lies ahead as the Federal Reserve paused interest rate hikes.
On this edition of Stretching Your Dollar, AJ Ayers, certified financial planner and co-founder of Brooklyn Fi, provided some tips on how to boost your credit score.
The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation.
On Tuesday, the Bahamas Supreme Court allowed FTX founder Sam Bankman-Fried to review the terms of his extradition and temporarily delayed the country from agreeing to let U.S. prosecutors pursue criminal charges against him.
Microsoft's planned $69 billion purchase of video game company Activision Blizzard was blocked by a federal judge Tuesday, giving more time for an antitrust review of the deal.
Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation. At the same time, some measures of underlying price pressures remained high.
