[CONFIDENTIEL] Kalanick implicated in Waymo-Uber trial

by bold-lichterman

This Monday in San Francisco, the eagerly awaited trial between Waymo and Uber opened. The first accuses the second of having stolen the fruit of his research on autonomous cars. In this context, Waymo is demanding $ 1.8 billion from Uber.

The Alphabet subsidiary accuses one of its former executives of having left Waymo in 2015 to found his own company, taking in its boxes more than 14,000 confidential documents. Anthony Levandowski then sold Otto to Uber who would therefore have got his hands, at the same time, on this windfall of information.

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On that first day, Waymo’s attorney devoted much of his statements to attempting to demonstrate that Uber, in the person of then-leader Travis Kalanick, was ready for anything – even cheating and gambling. flight – to win the battle of the autonomous car. He backed it all up with different coins, SMS, and correspondence.

Because that’s the whole point of this trial: Waymo will have to convince the jury that Uber had not only conspired with Levandowski to steal its technology, but also carried out this conspiracy and used the technology to advance its own developments in the matter.

Waymo presented the jury with emails and meeting notes from Uber executives showing that Kalanick intended to catch up with Waymo and viewed Anthony Levandowski as a centerpiece in making it happen. Unsurprisingly, Uber’s attorney denied these accusations. He even added that Uber regretted having recruited Anthony Levandowski, specifying that the only thing he had brought back was this trial.

The trial is expected to last three weeks. Travis Kalanick, co-founder of Uber, is called to appear. Levandowski – dismissed by Uber last year – is not part of the Waymo-Uber civil lawsuit, but a criminal investigation into him is being carried out by the US prosecutor’s office in San Francisco.

On behalf of the “Financial stability”, the authorities wish to ban domestic access to cryptocurrency exchange platforms still accessible in the country, according to a publication close to the Central Bank.

“In order to prevent financial risks, China will strengthen its measures to block all local or foreign platforms related to virtual currency trading or ICOs,” said an article published Sunday evening by Financial News, a media affiliated with the People’s Bank of China (PBOC)

This is the last turn of the screw, after the closure of Chinese-based exchanges like BTCChina and the ban on ICOs (Initial Coin Offerings) last August. But these measures were not enough to completely shut down activity, since Chinese investors then turned to other channels: platforms abroad, person-to-person transactions, etc.

CONFIDENTIEL Kalanick implicated in Waymo Uber trial
Mmaxer Shutterstock

According to the publication, financial regulators will work with telecoms authorities to shut down the offending websites and block the downloading of mobile applications allowing participation in cryptocurrency fundraising.

Bitcoin continued its fall on Monday, now approaching dangerously close to the $ 7,000 mark, after hitting an all-time high of $ 20,000 in December, in a market cooled by the regulatory threat that looms in several countries, the problems security encountered by certain platforms and the extreme volatility of prices which raises fears of a bubble and its possible bursting.

Facebook would seek to give Watch to individual creators, influencers and brands, according to the American site CNBC.

Facebook’s video platform would thus move away from its model inspired by television to tease the YouTube platforms, with more authentic and accessible content on a large scale. This configuration would also allow Facebook to deploy a larger video ad inventory, and also fight against the decrease in time spent on the site observed this year.

CONFIDENTIEL Kalanick implicated in Waymo Uber trial
Facebook Watch – Credit: Facebook

Facebook could allow individuals to create their own shows on Watch. Instead of buying the rights, Facebook would like to establish a model where creators would upload their content, and then receive a share of the advertising revenue generated by them… Like YouTube.

Currently, Facebook pays media, production companies and creators for broadcast rights to Watch, in amounts ranging from $ 10,000 to $ 500,000 per episode. According to Axios, advertising revenue from video is expected to grow 35% by 2020. TV advertising revenue is expected to grow 5% at the same time.

Back to basics for the founders of Stripe. The California start-up, which specializes in payments for businesses and entrepreneurs, told Reuters that it was going to open its first engineering center outside the United States in Dublin. The choice of the Irish capital seems quite logical since the founders of the company, John and Patrick Collison, are both Irish. In addition, the company’s European headquarters are also located in Dublin.

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Patrick Collison, co-founder of Stripe. Credits: Shutterstock.

Founded in 2010, Stripe, which publishes a payment infrastructure for e-merchants for their websites, marketplaces or mobile applications, began its European expansion in 2013 when the company launched in the United Kingdom. Since then, the company has increased its international presence by opening an office in Dublin and by launching in Asia as well as in several European countries, such as France, Germany, Austria, Switzerland, the Netherlands , Belgium and Luxembourg. Currently, Stripe offers its services in 25 countries and has approximately 1,000 employees worldwide.