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Waymo accepts $245 million and Uber's 'regret' to settle self-driving car dispute

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Uber and Waymo have settled their courtroom dispute over allegedly stolen trade secrets regarding self-driving technology, with Uber agreeing not to use Waymo's technology and paying a symbolic sum.

Source: Deutsche Welle

Uber Technologies Inc [UBER.UL] will pay $245 million worth of its own shares to Alphabet Inc's Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber's new chief executive to move past one of the company's most bruising public controversies.

Source: Reuters

All Sources: Deutsche Welle Reuters


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