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An Expensive (Proposed) Apology: Is it possible that the ongoing lawsuit between Alphabet’s Waymo self-driving car business and Uber could have been settled for the price of an apology? Oh, and $1 billion, too?

It might have come to that, according to a report from Reuters citing “sources familiar with the matter.”

As you may know, Waymo and Uber are engaged in a lawsuit over self-driving technology. Waymo sued Uber back in February, alleging that former Waymo engineer Anthony Levandowski took more than 14,000 confidential company files with him when he left Waymo to start Otto, a self-driving truck company. Uber bought Otto not long after Levandowski started the company and has denied any wrongdoing against Waymo.

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With so much riding on the promise of self-driving car technology, it should come as no surprise that Waymo would want to do whatever it can to give itself an edge in the marketplace. And keeping its trade secrets secret is likely Priority No. 1 for the company.

But, it seems like Waymo was willing to let bygones be bygones, for a price. According to Reuters, Waymo was willing to drop the matter if Uber made …read more

Source:: East Bay – Business

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