Waymo’s staggering settlement demand for Uber: $1 billion

Alphabet Inc.’s Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc as conditions for settling its high-profile trade secret lawsuit against the ride-services company, sources familiar with the proposal told Reuters. The Waymo self-driving car unit also asked that an independent monitor be appointed to ensure Uber does not use Waymo technology in the future, the sources said. Uber rejected those terms, said the sources, who were not authorized to...

Waymo’s staggering settlement demand for Uber: $1 billion

Holding fast on massive cash demand suggests Waymo wants to cripple its competitor.

Thu 12 Oct 17 from Arstechnica

Waymo demanded $1bn as talks with Uber settlement

Alphabet Inc's Waymo sought at least $1 billion in damages and a public apology from Uber Technologies as conditions for settling its high-profile trade secret lawsuit - which Uber rejected. ...

Thu 12 Oct 17 from Daily Mail

Exclusive: Alphabet's Waymo demanded $1 billion in settlement talks with Uber - sources

SAN FRANCISCO(Reuters) - Alphabet Inc's Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc as conditions for settling its high-profile trade secret lawsuit ...

Thu 12 Oct 17 from Reuters Technology

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