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Sun co-founder sells secretive hedge fund on big chip trade

Bloomberg Sun Microsystems co-founder Bill Joy recently joined Water Street Capital and has pushed the secretive hedge fund firm to build a large stake in Micron Technology Inc., arguing the market for its main product is set for a sustained boom without the wild ups and crushing downs of the past. The rise of cloud computing, artificial intelligence, and augmented ...

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‘UrWork’ can’t use name on New York office

Bloomberg Chinese co-working company UrWork plans to open its first location in Manhattan early next year, but its name likely won’t be on the door. WeWork Cos., the New York-based startup, sued UrWork this month, arguing that the Chinese company’s name infringes on its trademarks. As part of the case, a judge ruled that Serendipity Labs, a co-working company that ...

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Uber ‘alibi’ ruled too confusing for Waymo

Bloomberg Uber Technologies Inc. lost one of its best alibis for why its former self-driving engineer downloaded files that Waymo claims are stolen trade secrets. But the company did get a pair of earrings to use in a trial against the Alphabet Inc. unit next month. As the two companies formulate arguments for a trial starting October 10, US District ...

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