A man walks into the Uber Corporate Headquarters building in San Francisco, California on February 05, 2018. Photo: OSH EDELSON/AFP/Getty Images

Lior Ron, the co-founder of Otto, the autonomous driving startup Uber acquired in 2016, is leaving the company, as CNBC first reported and a source confirmed to Axios. Ron was leading Uber Freight at the time of his departure. Uber declined to comment on Ron departure, but said that it remains "fully invested in and excited about the future of Uber Freight."

Why it matters: Ron's company and co-founder, Anthony Levandowski, were at the center of a year-long legal battle between Waymo and Uber. Waymo alleged that the startup was an elaborate scheme to bring trade secrets into Uber, though the two settled last month. Levandowski was fired from Uber last May after he declined to cooperate with the lawsuit.

Update: A source familiar with the move tells Axios that Ron's departure isn't related to the recent self-driving crash in Arizona.

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A big hiring pledge from New York CEOs

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Leaders of more than two dozen of the New York City area's largest employers — including JPMorgan Chase, Ernst & Young, IBM, McKinsey & Company and Accenture — aim to hire 100,000 low-income residents and people of color by 2030 and will help prep them for tech jobs.

Why it matters: As the city's economy has boomed, many New Yorkers have been left behind — particularly during the pandemic. The hiring initiative marks an unusual pact among firms, some of them competitors, to address systemic unemployment.

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AOC to speak at Dem convention

Rep. Alexandria Ocasio-Cortez during an April a press conference in Queens, New York City. Photo: Scott Heins/Getty Images)

Rep. Alexandria Ocasio-Cortez will speak at the Democratic convention next week ahead of Sen. Bernie Sanders' appearance on the Tuesday night, CNN first reported and Axios has confirmed

Why it matters: Her involvement is a strategic decision to energize young progressives without tying former Vice President Joe Biden too closely or directly with her agenda.