Site Search
Google Search
search button
Breaking News: Photos Have Been Released From Mike Pompeo's Meeting With Kim Jong Un     - | -     Bill Cosby Found Guilty on Three Counts of Sexual Assault in Retrial     - | -     Michael Cohen Tells Judge He'll Invoke 5th Amendment Right in Stormy Daniels Case     - | -     Judge's Ruling States NYC Bar Can Refuse to Serve Patron Wearing MAGA Hat      - | -     Giuliani Enters Negotiations with Mueller But Says Trump Still Resistant     - | -     GOP Congressman Invokes 'The Deep State'
Uber, Waymo Reach Settlement
Get Business & Technology Alerts

viewsViews 187
9 Feb 2018 08:16 PM EST

Uber and Waymo reached a settlement Friday in a stolen trade-secrets case. The settlement comes just days after the high-stakes jury trial began in federal court. Under settlement terms, Uber will give Waymo an equity stake worth $245 million. Waymo, which accused Uber of using its self-driving car secrets, was seeking damages of $1.9 billion. Uber has maintained it did not as has pledged not to use any of Waymo's proprietary information.

Post Your Comment
Excellent Very Good Good Fair Poor



Recently Posted Comments
FREE
AllMediaNY AllMediaNY AllMedaiNY