This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. The reflation trade is alive and well, with stimulus talks in the U.S. boosting global equities. That, and a flurry of M&A activity have put investors in a risk-on […]
Enlarge / Anthony Levandowski exits federal court in San Jose, California, on August 27, 2019. (credit: David Paul Morris/Bloomberg via Getty Images) On his final full day in office, Donald Trump pardoned Anthony Levandowski, the engineer at the center of Waymo’s epic 2017 trade secret battle with Uber. Last year, Levandowski pleaded guilty to stealing a […]
Enlarge (credit: David Paul Morris/Bloomberg via Getty Images) The highest state court in Massachusetts has rejected Uber’s efforts to force a blind man’s discrimination claims to be settled in arbitration. In the process, the Massachusetts Supreme Judicial Court raised the bar for technology companies trying to impose one-sided terms of service on users without providing […]
What could a security web look just like for gig employees in the Internet-based market? It would offer health insurance, of course, along with a retirement program, sick leave{} worker and unemployment compensation. Plus it might be fair and mobile: A individual working part time for different businesses would have strong advantages that traveling with […]
Expand (charge: Westend61 / / Getty) The California Public Utility Commission has slapped Uber using a 59 million good for refusing to hand over detailed records around over 1,200 alleged sexual assaults between Uber drivers at California between 2017 and 2019. “The CPUC was persistent in its demands we publish the complete names and contact […]
Here is the internet edition of Bull Sheet, a yearlong day-to-day newsletter about what is happening in the markets. Subscribe to receive it sent directly to your inbox. Great morning. It’s Day Britain: The very first nationwide rollout of a clinically examined COVID-19 vaccine is still underway. The markets’ response? A massive fat yawn. Pfizer, among the […]
Uber marketed its self-driving automobile branch to Aurora Innovation and also took a stake at the startup, making a bigger competitor to the pioneer within the area, Alphabet’s Waymo. The bargain will likely probably appreciate Aurora at $10 billion, according to individuals knowledgeable about the talks who asked not to be identified discussing personal details. […]
Expand / Aurora CEO Chris Urmson facing a Aurora semi truck. (charge: Aurora) Aurora, among the country’s top self-driving startups, will eventually be the new owner of Uber’s self-driving branch, Aurora declared on Monday. Besides turning Uber’s self-driving branch, called the Uber Advanced Technology Group (ATG),” Uber will even pump $400 million to Aurora. On the […]
SoftBank Group Corp. climbed to a brand new 20-year high because the current stock exchange surge promoted the value of holdings such as Uber Technologies Inc. and brightened the prospects for both portfolio firms going public. The U.S. ride-hailing leader recovered from stumbles following its initial public offering this past year and its shares have […]
Our assignment to generate business better would be fueled by viewers just like you. To enjoy unlimited access to our own journalism, subscribe now . Uber clients that are overdue being picked from scheduled rides can find a consolation prize: a $50 charge. The sweetener a part of why Uber Reserve, the most recent development of […]