Uber and Waymo Settle Lawsuit, Government Passes Spending Bill
Uber settled its headline-grabbing lawsuit with Alphabet's self-driving car unit Waymo. The ride-hailing giant will pay its competitor $245 million to bring the legal drama to an end. Waymo accused Uber of stealing trade secrets related to driverless technology.
The second government shutdown in less than a month is over. 73 House Democrats voted in favor of the massive spending bill while 67 Republicans voted against it. The bill includes almost $90 billion for disaster relief.
Call it a holy hacking! The Vatican's news website was breached by a Belgian hacker who said he was proving a point about the importance of cybersecurity. The hacker changed the headline of an article to "Pope Francis Declares the Lord Is an Onion."
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
