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Waymo wanted $1 bln from Uber

Thursday, October 12, 2017 - 01:48

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

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Alphabet's self-driving car unit Waymo wanted at least $1 billion in damages from Uber to settle its high-profile trade secret lawsuit. Sources told Reuters Waymo also asked for a public apology and an independent monitor to make sure Uber doesn't use Waymo's technology in the future. Back in February, Waymo sued Uber. It said that its former engineer Anthony Levandowski downloaded more than 14,000 confidential files before leaving to set up a self-driving truck company called Otto. Uber bought Otto soon after. Uber has denied using any of Waymo's trade secrets. It has also rejected settlement terms. Reuters correspondent Dan Levine has the scoop. (SOUNDBITE) DAN LEVINE, LEGAL CORRESPONDENT, REUTERS (ENGLISH) SAYING: "While Waymo may be confident in its legal position, it's very, very difficult for outsiders to really asses the strength and weaknesses of both sides because so much evidence in the case has been filed under seal, and at the court here last week, the judge actually was very skeptical of Waymo's technical evidence in the case. So, it's not like it's a slam by any means, but, still even if they're ultimately unsuccessful with the jury or with the judge, I think that their settlement posture shows that the litigation brings benefits in other ways." Levine says these other ways include, for instance, creating a distraction to Uber's leadership and slowing down its development of self-driving technology. If there is no settlement, a trial is set for early December.

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Waymo wanted $1 bln from Uber

Thursday, October 12, 2017 - 01:48