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

No comments:

Post a Comment

Featured Post

Hackers Exploiting ProxyLogon and ProxyShell Flaws in Spam Campaigns

Threat actors are exploiting ProxyLogon and ProxyShell exploits in unpatched Microsoft Exchange Servers as part of an ongoing spam campaign

Popular Posts