Waymo’s Stolen Trade Secrets Lawsuit Just Cost Uber Lots of Money
Google's Waymo sued Uber about a year ago for allegedly using stolen trade secrets in its own self-driving cars, and now the case is finally being settled.
About a year ago, Waymo, Google’s autonomous driving division, sued Uber for allegedly using stolen trade secrets to develop its own self-driving cars. This week, the two companies met in court to fight it out, but instead of waiting for a verdict, Uber decided to settle the case.Automotive News reports that the settlement requires Uber to pay Waymo slightly less than $245 million. While that’s quite a bit of money, Reuters reports that Waymo’s initial offer was for $500 million, significantl...
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