Uber's Latest Struggles, and Avis Launches a New Fleet
A lawyer for Uber says an ex-employee was "extorting" the company by alleging it stole trade secrets. But a judge suggests the rationale doesn't justify why the information was withheld in a trial brought by Google's Waymo about the theft of classified information.
And car rental service Avis launches a fully-connected fleet in Kansas City. The company's 5,000 vehicles will be able to communicate with city controllers and possibly improve the experience for tourists.
Plus Alexa is coming to the office! Amazon launching an enterprise version of its popular digital assistant, which will allow employees to schedule meetings and book conference rooms.
And shares of Sears jumped after the legacy retailer reported a smaller loss than last year. But the stock is still only about where it was at the start of the month.
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.
The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people.
After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, Moody's, Paramount, and Golden Dome.