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.
Century 21 was a long-time staple for bargain shopping in Manhattan when it went belly up in 2020 at the height of the COVID-19 pandemic. Now, as of last week, the store has reopened and some locals see it as a sign of an economic recovery in New York City.
Paramount Global is set to absorb Showtime into Paramount+, creating a single streaming option to compete with the likes of Netflix and Warner Bros. Discovery’s Max. The company also plans to raise the monthly price from $9.99 to $11.99 per month after the integration.
Debt ceiling talks are underway in Washington, DC ahead of a default deadline. Michael Rosen, chief investment officer with Angeles Investments, joined Cheddar News to explain how a potential default could affect investment portfolios, among other items, for Americans.
Australia's government announced regulations for buy now, pay later services, which will be labeled as consumer credit products, which puts them under the country's Securities and Investments Commission's watch.
Walmart is reportedly teaming up with pet telehealth provider Pawp, giving subscribers unlimited access to vet services via video and text, starting on Tuesday.
Cheddar News checks in to see what's on The Day Ahead, which will include earnings from Lowe's, Dick's Sporting Goods, BJ's and AutoZone along with new home sales data. In addition, Microsoft's Build 2023 Developer Conference is slated to kick off for software engineers and web developers.
