Waymo’s staggering settlement demand for Uber: £754 million


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Alphabet’s self-driving car company Waymo wants at least $1 billion—and a public apology—to end its trade secrets lawsuit against Uber, according to a report from Reuters this morning. The report cites sources “familiar with the proposal,” and it doesn’t specify the exact dollar amount or when the proposal was tendered. Waymo (and Google) parent Alphabet also sought independent oversight to be sure that Uber doesn’t use its technology.

Uber rejected the demands, and no further settlement talks are currently scheduled, according to the story.

The lawsuit began in February, when Waymo accused Anthony Levandowski, the chief of Uber’s self-driving car project, of stealing more than 14,000 files shortly before he resigned from Google. Levandowski, who is not a defendant in the case, has pleaded the Fifth Amendment and avoided answering questions about the accusations. Uber denies that any secrets ended up on the company’s servers and says its lidar technology was built independently.

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Read Original: ArsTechnica
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