ORGANIZATION

Senate confirms Trump's lame-duck FCC pick Nathan Simington

The Senate has narrowly approved President Donald Trump’s lame-duck nominee to become a member of the Federal Communications Commission, setting up the agency for a stretch of partisan gridlock likely to stymie President-elect Joe Biden’s policies.

Uber sells flying taxi business to Joby Aviation

While the financial terms of the acquisition were not released, Uber will invest an additional $75 million in Joby, bringing its all-time total investment in the company to $125 million.