Post Profile

Uber's settlement with Waymo was a big win for the app-based taxi company

Uber settled its lawsuit with Waymo on Friday on what look to be extremely favorable terms. As part of the deal, Uber won't have to pay out any of its dwindling supply of cash, or end its self-driving car development. Meanwhile, the shares Uber is giving Waymo to settle the suit are almost certainly worth much less than Waymo says. The folks at Uber have got to be smiling pretty wide — and probably even chuckling to themselves.
read more


Related Posts

Uber & Waymo settle self-driving car lawsuit in $244M deal

Technology / Apple : Apple Insider

Improving the stability of the self-driving car world -- in which Apple's role is still uncertain -- Uber and Waymo have reached a surprise settlement over allegations that Uber used stolen data in developing its own technology.

Uber and new CEO Dara Khosrowshahi are the big winners of the Waymo trial fiasco

Technology / Technology Industry News : Silicon Alley Insider

With the settlement between Waymo and Uber, Dara Khosrowshahi has cleaned up one of the ugliest lawsuits the company faced, full of bad blood. This was a face-saving gesture for both companies. Waymo gets a payment, but under terms ...

Uber CEO plays it safe in risk-loving Silicon Valley

Technology : Post Tech

SAN FRANCISCO - For nearly a year, Uber and Google parent Alphabet clashed over settling a lawsuit Alphabet filed against the ride-sharing company, according to two people familiar with the discussions. Uber chose to gamble for a vi...

Uber and Waymo Settle Their Legal Fight After an Awkward Week in Court

Technology : Slate: Technology

After a tense, often absurd week in court, Uber and Waymo on Friday settled a long-running intellectual property lawsuit regarding the alleged theft of self-driving car trade secrets. Courtroom highlights included Waymo’s lawyers pl...

Uber CEO plays it safe in risk-loving Silicon Valley

Technology : Washington Post: Tech

Uber's sudden settlement of a high-profile lawsuit filed by Google's parent company is the most striking example of Uber’s new lower-risk approach under its new chief executive.


Technology Industry News
Copyright © 2016 Regator, LLC