Sure, Amazon is paying a pretty penny for Whole Foods, but that wasn’t always the plan. In fact, recently filed documents show that before the e-commerce giant laid down $13.7 billion for the specialty grocery chain, it made at least one lower bid. [More]
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Apple, Uber, Tesla Ask California To Revise Rules For Self-Driving Cars
Now that California has proposed rules intended to make it easier for tech companies to test self-driving vehicles on public streets, those companies are calling on the state to make additional changes that would further favor the industry. [More]
Safety Regulators Hope A “Driver Mode” On Phones Would Curb Distracted Driving
Whether it’s Tweeting, SnapChatting, playing Pokémon Go, or just sending a text while on the road, it’s clear that smartphones present a potentially deadly distraction for drivers. Most states have banned or restricted texting while driving, but these problems persist. Now federal safety regulators are proposing new guidelines to curb distracted driving, including asking phone manufacturers to include a “Driver Mode” that would limit the use of a smartphone while behind the wheel. [More]
What’s Holding Up Merger Of Alaska Airlines & Virgin America?
Alaska Airlines’ proposed $4 billion merger with Virgin America is taking longer than either airline anticipated. Days after the companies’ targeted merger completion date passed, federal regulators continue to probe the validity and affect the merger would have on competition. [More]
Volkswagen May Buy Back, Replace Emissions-Cheating Diesels In U.S.
While owners of Volkswagen’s emission-cheating vehicles in the U.S. continue to wait for news on how the company plans to fix their cars, one lawyer working for the automaker says he’s preparing a generous compensation package for affected consumers. [More]