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Lyft put "an acquisition offer on the table" for Otto, the self-driving truck startup that is at the center of the Waymo vs. Uber trial, Otto co-founder Lior Ron testified on Wednesday. He added that discussions stalled because Lyft wasn't interested in trucks, only cars.

Why it matters: Lyft's interest in Otto was previously unknown.

  • According to Ron, although the companies discussed an acquisition price and milestones that Otto would have to reach as part of the deal, Lyft never sent a formal term sheet.

Ron says that he an Otto co-founder Anthony Levandowski considered several options, including funding from Alphabet, Waymo's parent company. It was also in discussions with venture capitalists about raising funds, prior to accepting an acquisition offer from Uber.

Lyft declined to comment.

The story has been updated to show that Lyft declined to comment and with more details about the discussions.

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The Manhattan District Attorney's office suggested for the first time Monday that it's investigating President Trump and his company for "alleged bank and insurance fraud," the New York Times first reported.

The state of play: The disclosure was made in a filing in federal court that seeks to force accounting firm Mazars USA to comply with a subpoena for eight years of Trump's personal and corporate tax returns.

House Democrats subpoena top Pompeo aides in probe of IG firing

Mike Pompeo. Photo: Jim Lo Scalzo-Pool/Getty Images

The Democratic chairs of the House Oversight and House Foreign Affairs committees announced subpoenas Monday for four State Department officials as part of their investigation into the firing of former Inspector General Steve Linick.

Why it matters: The two committees, in addition to Democrats on the Senate Foreign Relations Committee, are investigating whether Linick was fired because he was probing Secretary of State Mike Pompeo and the State Department's attempts to bypass Congress to sell weapons to Saudi Arabia and the United Arab Emirates.