Good morning, Term Sheet readers.
With just hours to go until Joe Biden's inauguration, President Donald Trump handed out a flurry of pardons, including ones to former White House strategist Stephen Bannon and other longtime political allies.
But some pardons came as a surprise: The White House announced the pardons of rappers Lil Wayne and Kodak Black.
Trump also granted clemency to Anthony Levandowski, the former Google engineer sentenced to 18 months in jail for stealing trade secrets from the tech giant's self driving car unit. U.S. District Judge William Alsup at the time of the sentencing dubbed it the “biggest trade secret crime I have ever seen .”
Levandowski was a founding member of Google's self-driving car project before it was known as Waymo. In 2016, the engineer left to found a self-driving car startup dubbed Otto, a business that was acquired just months later by Uber. But he was later found to have taken thousands of files from the project. Uber fired Levandowski in 2017 before settling its...
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