Inside the Abrupt End of Silicon Valley’s Biggest Trial

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As onetime Uber chief Travis Kalanick prepared to take the stand this week in a courtroom duel that’s gripped Silicon Valley, Waymo lawyer Kevin Vosen privately made a late settlement offer: Would the ride-hailing startup remunerate $500 million in stock and give an outside observer revaluation its autonomous-vehicle software? Only days later, Waymo admitted half […]

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Snap Revenue Surges on User Growth, Advertising Gains

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Don’t count Snap Inc . out just yet. The company gave marketings that blew past specialists’ expectations, its first upbeat quarterly report since going public, as advertisers start to get more comfy spend money on its Snapchat app. The broth pranced as much as 31 percent in extended trading. Snap’s first time as a public […]

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A Driverless Future Threatens the Laws of Real Estate

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The is connected with asset and transportation has been perhaps “the worlds largest” durable in human history. Since the archaics, few things have extradited higher land values with more certainty than advances in tote, from superhighways to canals, railways to highways. It’s still” a no-brainer” in the 21 st century, says Bridget Buxton. She bought […]

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Air-Taxi Startup Has a Working Prototype and a Fresh $100 Million

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If you want to see JoeBen Bevirt’s flying auto, you were supposed to go in apache helicopters. The engineer’s private airfield is huddled in a valley on the Northern California coast between Monterey and Santa Barbara, and it’s remote by design, out past a swirl of suntan and dark-green subjects. Bevirt, a 44 -year-old whose […]

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George Soros Says Trump Administration Is Danger to the World

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Donald Trump is risking a nuclear struggle with North Korea and predicts that the groundswell of foe he’s engendered is likely to be his downfall. ” I consider the Trump administration a danger to the world ,” the billionaire investor said in a lecture from Davos, Switzerland.” But I regard it as a strictly temporary […]

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Uber Loses EU Court Fight as Judges Take Aim at Gig Economy

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Uber Technology Inc . will be regulated in European Union countries as a transportation company after the bloc’s top courtroom rejected its claim to be a digital service provider, a decision that could increase legal jeopardies for other gig-economy corporations including Airbnb. While the EU Court of Justice’s ruling extended UberPop — which expended motorists […]

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Meredith to Buy Time Inc. With Koch Backing

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Meredith Corp. agreed to acquire Time Inc. for $2.8 billion including pay, immersing the once-mighty home of Fortune and Sports Illustrated after the internet age created havoc on even the most prestigious store titles. The $18.50 -a-share offer is an all-cash one, Meredith said in a statement Sunday. The treat devotes Meredith, publisher of Better […]

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Silicon Valleys New Religion Is About As Serious As Youd Think

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It’s almost decision time in the corporate humor of missteps between Uber and Google’s parent company, Alphabet. For 10 months, they’ve frequently perplexed each other in a fight over self-driving automobile engineering. Alphabet says that a key former designer, Anthony Levandowski, made trade secret from Alphabet to Uber as part of a $700 million buy. […]

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Snap Will Overhaul Its App Just Nine Months After Its IPO

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Evan Spiegel said Tuesday in his prepared notes to investors.” We’re willing to take that risk for what we believe are substantial long-term an advantage to our business .” As a part of the modernize, Snapchat is constructing an algorithm to show people a personalized form of the stories they might wishing to. Spiegel didn’t […]

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Facebook Is Still In Denial About Fake News

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This afternoon–after months of deflections and evasions and many paeans about the dominance of community–Facebook will attempt to explain itself to lawmakers. The company’s general counsel, Colin Stretch, will testify before a Senate Judiciary subcommittee hearing, together with execs from Twitter Inc. and Google Inc ., about its scope of application of Kremlin-connected propaganda on […]

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