Waymo, Alphabet's autonomous driving wing, is taking Uber to court over allegations that former employee Anthony Levandowski stole trade secrets when he joined Uber. Aarian Marshall, staff writer for Wired Transportation, is covering the case.
Marshall says the case comes down to whether Levandowski stole trade secrets or whether Uber figured it out independently. Marshall explains it won't be good enough for Waymo just to prove that information was stolen. The company will have to be able to prove that what Levandowski took was actually a trade secret, instead of something any reasonable self-driving car engineer might figure out on their own.
Marshall says Waymo is currently winning the autonomous car race. If Waymo receives a favorable outcome in the case, it could prove debilitating for Uber.
Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.
You might already be planning your Thanksgiving menu as the holiday approaches. Some retailers are offering deals that could help your pockets as you budget for those large family gatherings.
Jade Warshaw, personal finance expert and co-host of 'The Ramsey Show, joined Cheddar News to provide tips on how to save on engagement rings and to look at cheaper alternatives.
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
