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By Dan Levine SAN FRANCISCO (Reuters) - Rival ride services Uber and Lyft have settled high stakes litigation involving two of their top executives, court filings show, in advance of a trial that could have aired sensitive details about both companies. Lyft and its former chief operating officer Travis VanderZanden ended litigation in a California state court in which Lyft accused VanderZanden of breaking his confidentiality pledges when he went to work for Uber. Uber also withdrew a subpoena on Monday in separate litigation over a data breach at Uber, which had targeted an Internet address assigned to Lyft's chief technology officer (CTO), according to a court filing. more...


Alphabet's Google may face a third EU antitrust charge as soon as next month, this time focusing on its revenue mainstay AdWords ad placement service, three people familiar with the matter said on Tuesday. The world's most popular Internet search engine is already under fire from the European Commission for promoting its shopping service at the expense of rivals and for using its Android mobile operating system for smartphones to squeeze out competitors. The Commission has asked Google rivals to share information related to search advertising with the tech giant, a step suggesting the EU competition enforcer could be poised to hit Google with a fresh charge, the sources said. more...


(Reuters) - Apartment-sharing startup Airbnb is in talks for a new round of funding that would value the company at $30 billion, a source close to the company said on Tuesday. Airbnb intends to use the financing to support new investments and growth opportunities, the source added. more...


(Reuters) - Presumptive Democratic presidential nominee Hillary Clinton on Tuesday laid out a technology and innovation agenda ranging from connecting every U.S. household to high-speed internet by 2020 to beefing up cyber security and reducing regulatory barriers. A statement issued by her campaign said Clinton strongly supports the Obama administration's net neutrality rules requiring broadband providers to treat all data equally, rather than giving or selling access to a so-called Web fast lane. more...


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