Apple speeds up autonomous car project, crypto group outbid for Constitution copy, Activision allegations draw Xbox concern

Yahoo Finance's Julie Hyman breaks down today's biggest headlines from Apple, Activision, and about a recent auction for a copy of the Constitution.

Video Transcript

JULIE HYMAN: Xbox is now joining Sony in expressing concern over Activision's handling of alleged sexual misconduct. The head of Xbox, Phil Spencer, sent an email to employees Thursday, calling the wave of allegations troubling. According to Bloomberg, Spencer wrote that this type of behavior has no place in our industry. He went on to say Xbox will be making adjustments to its relationship with Activision. This is just the latest fallout after that Wall Street Journal article and, really, a series of investigations, but the latest one revealing the Activision CEO knew about allegations of sexual misconduct and harassment for years.

Apple is pushing to speed up development on its electric car, and it's refocusing the project on full self-driving capabilities. In the past few years, Apple has looked at two options for its cars-- a model with limited self-driving capabilities or a model with full autonomous driving capabilities that does not require human intervention. According to Bloomberg's Mark Gurman, the project is now focusing on that fully autonomous option.

An original copy of the US Constitution sold for $43.2 million at auction last night. The winner of that auction outbid the online collective called Constitution DAO, a crypto group who had made headlines for raising $40 million to buy the document. The group was made with the purpose of purchasing the Constitution copy, with most donations being made in crypto. The copy of the Constitution one of 13, Brian, that still exists today.

BRIAN SOZZI: Julie, that seems cheap to me. It's the Constitution. I mean, holy cow, it's now worth $200 million a couple of years from now.