elf-driving and electric flying cars are coming. What this means for our cities in the future is unclear, so I chatted with Uber Head of Policy of Autonomous Vehicles and Urban Aviation Justin Erlich ..
Enlarge (credit: Uber)
On Friday morning, Waymo and Uber settled their trade secrets lawsuit, setting the stage for self-driving marketplace competition rather than a legal battle.
After a drawn-out..
Waymo, Uber Settle Lawsuit Over Automated Vehicle Trade Secrets — Waymo attorney Charles Verhoeven on Friday announced the self-driving car company had settled its lawsuit against Uber over i..
The courtroom has been cleared and the initial takes are in on the Uber vs. Waymo trial. Uber will give Alphabet some $244 million worth of stock and agree to ensure that no Waymo intellectual propert..
Greg Bensinger / Wall Street Journal:
Uber settles Waymo suit, pledges not to use Waymo's trade secrets; Waymo to get 0.34% stake in Uber which sources say would be worth ~$245M at $72B valuation..
Enlarge / Autodesk VRED Design 2017. (credit: Waymo)
In a stunning turn, Waymo and Uber have settled their self-driving trade secrets lawsuit on the fifth day of the trial.
Ars has learned that Uber..
Theodore Schleifer / Recode:
History of estimated Uber valuations, including the latest $1.25B financing round from SoftBank in January; sources: Uber was valued at $72B in Waymo settlement — That..
In a shocking development, Uber said on Friday it has settled the high-stakes trade-secret theft lawsuit brought by Alphabet's Waymo, resolving a conflict that already cost the ride-hailing giant its top driverless car engineer and threatened to further embarrass the company. From a report: Uber will pay Waymo a 0.34 percent equity stake amounting to about $245 million at Uber's recent $72 billion valuation, the companies said on Friday, after days of courtroom theatrics. Uber has also agreed not to incorporate Waymo's confidential information into its hardware and software, though Uber CEO Dara Khosrowshahi writes that he doesn't believe his company used any of Waymo's trade secrets in the first place. Khosrowshahi says that he feels “regret” over the dispute and wished his predecessors had handled it differently.
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