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.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
