Friday, February 9, 2018
Uber settles with Waymo over allegations of stolen trade secrets
The case between Uber and Waymo is over, and Uber is settling with Waymo over claims that the former stole trade secrets. The payout is a 0.34 percent equity stake in Uber to Waymo which totals around $245 million, according to CNBC. Waymo’s accusation was that Uber stole trade secrets (some 14,000 files, allegedly) after engineer Anthony Levandowski left Uber to start Otto, the self-driving
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