Uber, Waymo Settle Self-Driving Car Lawsuit

12 Febrero, 2018, 02:04 | Author: Arnold Perez
  • Brian Ach  Getty Images for TechCrunch

Both companies confirmed the settlement, in which Uber is to pay Waymo around $245 million in Uber equity. "We got some inner workings into (former Uber CEO Travis) Kalanick and his way of building a corporate culture that didn't look good, and there was a lot of evidence of data destruction, and that really didn't look good". Uber fired Levandowski in May 2017.

Stock in the privately held Uber would be transferred immediately to Alphabet, which was an early Uber investor and remains as one of its largest shareholders. Sources told Gizmodo that Khosrowshahi had proposed a $500 million settlement but Alphabet agreed to the lower amount in return for Uber promising not to use Waymo hardware or software. The people asked not to be identified because the settlement talks were confidential.

Kalanick was talking out of his ass, of course: the Uber statement says no such thing.

Lidar is a laser-based system that helps self-driving cars to navigate their surroundings.

The freaky irony about this settlement is that Google now needs Uber to be more successful, so as to increase the size of Google's payout.

Even the presiding judge, William Alsup, dismissed the trial as "ancient history" on Friday.

The trial finally began on February 5 and ended quickly on February 9, after a year of back and forth between the two companies. The texts included snippets such as "second place is first looser (sic)", "burn the village", and a link to a video clip from the 1987 film "Wall Street" featuring a character hailing the virtues of unbridled greed. We believe that race should be fair-and one whose ultimate winners are people, cities and our environment.

More news: Apple Adds Three HomePod Tutorial Videos to its YouTube Channel
More news: Zidane Knows The Squad To Face PSG
More news: Kemba Walker Reportedly Replaces Kristaps Porzingis in 2018 NBA All-Star Game

Levandowski was at Uber's ATG office in Pittsburgh's Strip District in September 2016 to speak to the media ahead of the company allowing users to hail a self-driving auto.

Waymo had been seeking damages of $1.9 billion after a former employee, Anthony Levandowski, left Google to start his own self-driving truck company. It's a deal that one of Uber's own attorneys acknowledged the company now regrets. He also argued that it's not clear if the trade secrets are actually trade secrets.

Adding to the pressure on Uber to settle was a desire to avoid bad press, Goldman suggested.

"My job as Uber's CEO is to set the course for the future of the company: innovating and growing responsibly, as well as acknowledging and correcting mistakes of the past".

At the same time, Waymo has agreed not to pursue further trade secret claims. Ironically, since Waymo has settled for a piece of Uber's equity, the company is now significantly invested in its bitter rival.

"If you are an Uber investor, you should be pleased with the outcome, given what could have happened if they had lost", said Rohit Kulkarni, managing director of SharesPost, a research group focused on privately held companies. Throughout the year-long case, Uber insisted no Google files had made it to its servers or cars. Kalanick said, "I don't know, I don't remember".

The settlement comes days before Alphabet CEO Larry Page was scheduled to testify in open court. Over the past year, you've been distracted from your mission. Since stepping inside Uber's doors last fall, the 48-year-old has made it clear he wants to put the company's checkered past behind it as fast as possible.


  • B. Riley Boosts Walt Disney (DIS) Price Target to $125.00

    Flossbach Von Storch Ag accumulated 51,000 shares or 0.05% of the stock. 58,263 were accumulated by Oakwood Limited Liability Ca. It worsened, as 90 investors sold DIS shares while 649 reduced holdings. 118 funds opened positions while 525 raised stakes.
    Kylie Jenner Actually Has A Phobia Of Butterflies

    Kylie Jenner Actually Has A Phobia Of Butterflies

    The theory definitely makes sense, as Kylie and Travis' butterfly obsession is pretty apparent. The Kylie Cosmetics entrepreneur was only accompanied by best friend Jordyn Woods .
    Equipo boliviano revisará demanda de Chile por aguas del Silala

    Equipo boliviano revisará demanda de Chile por aguas del Silala

    De acuerdo a Morales, el canciller chileno "se burla" del sentimiento patriótico de Bolivia por la demanda marítima contra Chile. Con miras a esta última etapa, el equipo nacional e internacional se reunirán este mes.
  • 5 injured in sword attack at Indonesia church

    5 injured in sword attack at Indonesia church

    Police said the man was a university student in his early 20s but could not confirm if the incident was terror-related. A man with a sword allegedly slashed at church-goers as they prayed in Indonesia, injuring five people, CNN reported.
    White House grappling with fallout from aide's resignation

    White House grappling with fallout from aide's resignation

    White House aides on Sunday television news shows stressed that Kelly was not in any danger of being ousted from his post. Other White House officials have said it was the release of the photos Wednesday morning that sealed Porter's fate.
    Secret Apple Code Posted On Github

    Secret Apple Code Posted On Github

    That Apple has been quick to seek removal of the code from GitHub is also proof enough how important the code is for the company. In a statement, the company said the security of the iPhone did not rely on "the secrecy of its source code ".
  • Townsend adamant 'true Scotland' weren't on show in Wales rugby hammering

    Townsend adamant 'true Scotland' weren't on show in Wales rugby hammering

    However, settling scores with their detractors is not his first priority ahead of Les Bleus' visit to Murrayfield on Sunday. Missing touch from a penalty saps any kind of confidence from a team and is fundamentally inexcusable at the highest level.
    Duterte: Deployment ban to Kuwait stays

    Duterte: Deployment ban to Kuwait stays

    In a statement, the flag carrier said it is also willing to add extra flights to Kuwait. You will never get it for as long as I am president.
    South Korean curling team earn 1st win at Winter Olympics

    South Korean curling team earn 1st win at Winter Olympics

    As they attempted to sweep stones along the outer ring, Hamilton fell to the ice, and Krushelnitskiy quickly gestured an apology. The Winter Olympics run through February 25, and curling has one of the longest competition schedules at the Winter Olympics.
  • Drones grounded at opening ceremony _ but not on tape delay

    Drones grounded at opening ceremony _ but not on tape delay

    Previously held by Intel's high water mark of 500 drones flying together in 2016, the 1,218 drone flight will be a historic one. According to Wired , the LED-lighted, foot-long quadcopters were guided into their by Intel's Shooting Star platform.
    Kevin Hart Mocked After Trying to Crash Eagles' Super Bowl Celebration

    Kevin Hart Mocked After Trying to Crash Eagles' Super Bowl Celebration

    Toronto Raptors all-star Kyle Lowry traveled to Minneapolis for the game and celebrated with a one-man E-A-G-L-E-S Eagles chant. Kevin Hart had himself a night Sunday after the Eagles beat the Patriots 41-33 to win the city's first Super Bowl title.
    OH  officers killed responding to 911 call, suspect held

    OH officers killed responding to 911 call, suspect held

    The officers were investigating after a caller dialed the 911 dispatch center and hung up. He asked OH residents to join him in "lifting up these officers' families in prayer".


Chris Mazdzer Wins US's First Men's Singles Olympic Luge Medal
The U.S. had won five medals in luge since the sport was introduced to the Games in 1964, but none in men's singles. All he needed to do in his fourth and final run today was not falter-and he didn't.

3 people killed in helicopter crash near Grand Canyon
A tourist helicopter crashed into the Grand Canyon in Arizona, killing three people and injuring four others, local police said. The helicopter was operated by tour company Papillon Airways. "Officer Canyon is a to a great degree remote region".

Cavaliers sorprenden con múltiples traspasos a última hora
El Orlando Magic cambió al escolta Elfrid Payton por el Phoenix Suns por una selección de segunda ronda en 2018. Y no podemos olvidar al nuevo componente del juego interior de los Detroit Pistons, Blake Griffin .

Canjean a Thomas y Wade — Cavs reconfiguran plantel
Algunos analistas de la NBA se sorprendieron cuando se cambió a Isaiah Thomas . "Esta es una buena oportunidad para Isaiah". Jae Crowder , Iman Shumpert , Derrick Rose y Channing Frye se suman a la lista de jugadores que la franquicia dejó ir.

Frank Reich will be new Colts head coach, source says
Reich was Peyton Manning's quarterbacks coach in 2009 and '10 before coaching Reggie Wayne and the rest of the receivers in 2011. He also served as receivers coach in Arizona and offensive coordinator and quarterbacks coach with the San Diego Chargers.

International Charity Oxfam Could Lose All UK Government Funding
Ms Mordaunt's announcement comes as the Observer reports that Oxfam workers allegedly used prostitutes in Chad in 2006. Women believed to be sex workers were reportedly invited to the Oxfam team house on a number of occasions.

Israel strikes Iranian targets in Syria after fighter jet crashes
The IDF said it would "act determinately against such severe violations of Israeli sovereignty by Iran and Syria ". Iranian and Iran-backed Shi'ite forces, including Hezbollah , have deployed widely in Syria in support of Assad.

Otro funcionario de la Casa Blanca dimite tras acusaciones de abuso
El secretario de personal, Rob Porter , indicó en un comunicado que las acusaciones son "escandalosas" y "simplemente falsas". Las ex mujeres de Porter describieron abusos físicos, verbales y emocionales durante sus respectivos matrimonios.

¿Donald Trump está perdiendo su cabello?: Video levanta su famoso peinado
El pelo de Donald Trump ha sido durante mucho tiempo objeto de comentarios, especialmente debido a sus diferentes tonalidades, en ocasiones tirando a anaranjado.

Two Indian soldiers killed in ongoing attack on military camp in IoK
The district administration of Jammu has asked schools within 500 meters of the camp to remain closed. The 2001 Parliament attack convict was hanged inside Tihar Jail and buried there on 9 February, 2013.