Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
A bombshell piece of evidence in a lawsuit between Uber and Alphabet's Waymo is now public.
Previously discussed only in court testimony, a letter in May from the attorney of former Uber security analyst Richard Jacobs to Uber's internal counsel contains an exhaustive list of illegal activities that Jacobs said he witnessed while employed at the company from March 2016 through April 2017.
Jacobs, who previously worked for the Defense Intelligence Agency, claims to have seen fraudulent activity and theft of information at Uber's strategic services group and is aware of Uber's marketplace analytics team "fraudulently impersonating riders and drivers on competitive platforms." The letter alleges he witnessed illegal wiretapping and an extensive effort to "unlawfully obtain trade secrets."
The 37-page letter, unsealed late on Friday, also alleges that Uber's security team told staffers to use ephemeral messaging systems like Wickr and non-attributable devices to hide their actions to protect the company from potential litigation.
Jacobs's lawyer sent the letter to Angela Padilla, Uber's deputy general counsel, after Jacobs left the company. Padilla said in court testimony that the letter was an attempt by Jacobs to extort money from Uber.
Addressing the allegations made in the letter, an Uber spokesperson said, "While we haven't substantiated all the claims in this letter — and, importantly, any related to Waymo — our new leadership has made clear that going forward we will compete honestly and fairly, on the strength of our ideas and technology."
Alphabet's Waymo sued Uber in February, claiming that former Waymo engineer Anthony Levandowski downloaded more than 14,000 confidential files from Waymo before leaving to set up self-driving truck company Otto, which Uber acquired soon after.
In court testimony, Jacobs publicly denied parts of the letter, saying he didn't stand by the statement that Uber surveilled its competitors and stole trade secrets from Waymo.
Judge William Alsup delayed the trial on Nov. 28, after a U.S. attorney sent him the Jacobs letter, saying Uber should have turned over this evidence. A special master presiding over the trial issued a ruling earlier on Friday that Uber should have submitted the Jacobs letter during the discovery process.
Padilla testified that some Uber board members knew about the letter. They include Bill Gurley, Garrett Camp, Ryan Graves, David Bonderman, Wan Ling Martello, Arianna Huffington, and Travis Kalanick.
Uber settled with Jacobs for $4.5 million when he resigned.
The trial between Uber and Waymo is set to start Feb. 5.