If you are in San Francisco on Tuesday, Axios' Sara Fischer is leading a discussion in conjunction with the release of the Edelman Trust Barometer. Richard Edelman will first present the findings of this year's report, and then Sara will interview him and Google SVP and General Counsel Kent Walker. You can get more information and RSVP here.
Illustration: Rebecca Zisser / Axios
It's common when businesses settle a big lawsuit to initially be surprised at a deal and then, shortly thereafter, to be surprised it didn't happened sooner. Such is the case with Uber-Waymo, who settled their case on Friday.
After all, both companies really got what they most wanted.
What Waymo got:
What Uber got:
So why didn't it happen sooner: Lawsuits may be about business, but they are also about people. Reaching a deal necessarily requires letting go of emotions and ego. (And there was plenty of both in this case.)
The Dara factor: The change in Uber leadership made the deal possible.
The PC market has been stagnant for a while, but one market is booming: the business for high-end graphics cards. And it's largely thanks to the Bitcoin boom.
Quick take: Unpalatable though that analogy may be, it's not inaccurate. Bitcoin miners aren't looking for balanced performance, just whatever will produce the most Bitcoin for the least bucks. And, in large part, that means using the power of the GPU.
SpaceX made headlines last week for launching the world's most powerful rocket — as a private company, not a superpower government. But the private space race isn't new, notes Axios' Erica Pandey.
For decades, companies have been just steps behind NASA, manufacturing, launching and operating their own satellites and rockets. What sets SpaceX's launch apart is the ambition of its goal — sending people to Mars.
Some of the top players:
The bottom line: Corporations have accessed and used space alongside governments since the 1960s — but now companies are on the front lines of innovation.
llustration: Greg Ruben / Axios; Photo: Mark Lennihan / AP
Snapchat has struggled to own its narrative, in large part because its service is most popular with a generation that is younger than the journalists who cover it. That's just one of several insights from Billy Gallagher, the author of a new book on Snapchat.
The bottom line: In the book, Gallagher addresses that and more, including Snapchat's long-running battle with Facebook.
Read more: Axios' Kia Kokalitcheva has more from her interview with Gallagher, whose book "How to turn down a billion dollars: The Snapchat Story," comes out on Tuesday.
House Energy and Commerce Committee staff director Ray Baum, long an influential figure in telecom policy debates, died Friday morning following a years-long fight with cancer. He was publicly remembered by all five FCC commissioners, lawmakers and House Speaker Paul Ryan.
Baum began his public service in Oregon before drawing on knowledge of communications policy as an aide to Rep. Greg Walden, then chair of E&C’s tech subcommittee. Baum returned to Capitol Hill after Walden was elected to chair the full committee.
“Ray will be deeply missed, but he will not be forgotten,” Walden said in a statement Friday. "The Energy and Commerce Committee will strive to honor Ray's legacy of decency and kindness through our work, and more importantly, by following the example Ray set through the graciousness and honor he showed every day."
People in tech aren't the only ones that wear the same thing to work every day. Check out this school teacher who wore the same outfit to picture day for 40 years.