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Uber accused of espionage, bribery and hacking by former employee

 The $1.86 billion legal battle between ride-hailing giant Uber and Alphabet’s self-driving unit Waymo reached a pivotal moment today as the judge in the case released a damning letter based on the account of a former Uber employee. The letter alleges that a special division within Uber was responsible for acts of corporate espionage, the theft of trade secrets, the bribery of foreign… Read More

Crunch Report | Go-Jek Buys Three Startups

Go-Jek buys three startups, the California Department of Public Health warns against being on your phone for too long and AOL Instant Messenger is officially dead. All this on Crunch Report. Read More

Celebrity hologram startup 8i to lay off half its staff

 8i, the New Zealand and Los Angeles-based augmented reality startup bringing celebrity personalities into immersive experiences, is laying off about half of its 70-person staff, according to a report in Variety and confirmed by the company. “Although we’ve made significant progress, we are continuously challenging our assumptions about where the AR/VR market is headed and how it… Read More

Feds look to cash in seized bitcoins at record prices

 Federal prosecutors are looking to unload 513 bitcoins seized as part of a drug case in Salt Lake City. Worth about $500,000 when they were seized, their worth has now ballooned to over $8.5 million — and there’s no way the feds are letting that get away. Read More

Google kills its Tango augmented reality platform, shifting focus to ARCore

 Google announced today that it’s shutting down its high-end smartphone augmented reality platform, Tango, in order to focus on the more mass market ARCore product. The company had already confirmed this much to us when they announced ARCore in August, but now we have an official timeline for Tango’s demise. Read More

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