WEATHER AUTHORITY : Freeze Warning View Alerts
STREAMING NOW: Watch Now

Uber and Waymo settle trade secrets lawsuit

Uber and Waymo have reached a settlement in their trade secrets lawsuit, lawyers for the companies told a federal cou...

Posted: Feb 9, 2018 8:56 PM
Updated: Feb 9, 2018 8:56 PM

Uber and Waymo have reached a settlement in their trade secrets lawsuit, lawyers for the companies told a federal court in San Francisco Friday morning.

Waymo, which was Google's self-driving car program, had alleged its former engineer Anthony Levandowski downloaded autonomous vehicle trade secrets and took them to Uber.

Waymo accepted a settlement offer from Uber, which agreed to a deal that includes 0.34% of Uber's equity at a $72 billion valuation, which works out to about $245 million, two sources familiar with the matter said. Waymo had initially asked for maximum damages of $1.8 billion.

Google already has equity in Uber. Google invested $258 million in Uber in 2013 and integrated Uber into Google Maps the following year.

A gasp could be heard in the courtroom when attorneys announced the settlement. Presiding Judge William Alsup noted after the announcement that a settlement like this, in the middle of a trial, is rare.

"We have reached an agreement with Uber that we believe will protect Waymo's intellectual property now and into the future," a Waymo spokesperson said in a statement. "We are committed to working with Uber to make sure that each company develops its own technology. This includes an agreement to ensure that any Waymo confidential information is not being incorporated in Uber Advanced Technologies Group hardware and software."

Related: How Uber and Google went from 'brothers' to enemies

The investigation into potential trade-secret theft began in late 2016 when Waymo accidentally received an email from a supplier containing an attachment that detailed Uber's LiDAR circuit board. Waymo claimed it looked suspiciously like its own design.

LiDAR, or "Light Detection and Ranging," uses pulsating laser beams to measure the distance between objects and can be used to make three-dimensional representations of them. It's crucial to self-driving car development. Waymo alleged that Levandowski took Google trade secrets related to this technology to Uber.

Uber CEO Dara Khosrowshahi said in a statement Friday that the company should have handled the acquisition of Otto, a self-driving truck company founded by Levandowski, differently. Khosrowshahi said Uber does not believe any trade secrets made their way to Uber, however.

"But the prospect that a couple of Waymo employees may have inappropriately solicited others to join Otto, and that they may have potentially left with Google files in their possession, in retrospect, raised some hard questions," he wrote.

Levandowski was expected to testify late Friday or early Monday. The case was likely to go through next week.

Google's parent company Alphabet is now invested in Uber through two different divisions: Waymo and Google Ventures. It also led a $1 billion round in Lyft through CapitalG, another venture capital arm.

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 153270

Reported Deaths: 3807
CountyCasesDeaths
DeSoto10249104
Hinds10095199
Harrison7173111
Jackson6440124
Rankin5705103
Lee517095
Madison4902107
Forrest385986
Jones361788
Lauderdale3567147
Lafayette329752
Washington3197108
Lamar294750
Oktibbeha248462
Bolivar242484
Lowndes240464
Panola224852
Neshoba2225118
Marshall219450
Leflore206891
Pontotoc202429
Monroe201078
Lincoln192865
Sunflower191955
Warren177757
Tate175351
Union169526
Copiah165440
Pike163958
Yazoo157940
Scott156630
Itawamba155635
Pearl River153468
Alcorn152828
Coahoma151043
Simpson150353
Prentiss148431
Adams143151
Grenada141445
Leake138344
Holmes131561
Tippah126730
George126225
Covington124639
Winston123726
Hancock122840
Wayne119023
Marion117346
Attala116134
Tishomingo110042
Chickasaw108332
Newton107529
Tallahatchie97427
Clarke92453
Clay92327
Jasper83522
Stone78515
Calhoun77713
Walthall76929
Montgomery75425
Carroll73815
Lawrence72614
Smith72116
Yalobusha72028
Noxubee71917
Perry67726
Tunica61819
Greene60822
Claiborne58816
Jefferson Davis57817
Amite55214
Humphreys54319
Benton49618
Quitman4947
Webster45014
Kemper44218
Wilkinson40122
Jefferson35711
Franklin3485
Choctaw3457
Sharkey31717
Issaquena1174
Unassigned00

Alabama Coronavirus Cases

Cases: 247229

Reported Deaths: 3577
CountyCasesDeaths
Jefferson32718500
Mobile19904362
Madison13425148
Tuscaloosa13167154
Montgomery12380236
Shelby1046577
Baldwin882098
Lee778566
Morgan675150
Calhoun6366121
Etowah635166
Marshall630955
Houston532338
DeKalb489736
Cullman447442
Limestone430245
St. Clair425755
Lauderdale413354
Elmore409464
Walker3689111
Talladega353554
Jackson327123
Colbert314642
Blount294640
Autauga275142
Franklin254233
Coffee246515
Dale234454
Dallas226532
Chilton225038
Russell22313
Covington220334
Escambia198631
Chambers177250
Tallapoosa177091
Pike159214
Clarke158919
Marion141336
Winston134423
Lawrence129636
Pickens124218
Geneva12378
Marengo122524
Bibb118817
Barbour117511
Butler117342
Randolph103821
Cherokee102924
Hale97731
Fayette92216
Clay92024
Washington91619
Henry8676
Lowndes79929
Monroe79011
Cleburne77414
Macon74522
Crenshaw71230
Bullock70019
Perry6896
Conecuh68514
Lamar6838
Wilcox63918
Sumter58422
Greene42718
Choctaw42613
Coosa3464
Out of AL00
Unassigned00
Tupelo
Overcast
37° wxIcon
Hi: 38° Lo: 24°
Feels Like: 31°
Columbus
Overcast
34° wxIcon
Hi: 38° Lo: 22°
Feels Like: 25°
Oxford
Scattered Clouds
32° wxIcon
Hi: 35° Lo: 23°
Feels Like: 24°
Starkville
Overcast
34° wxIcon
Hi: 38° Lo: 21°
Feels Like: 28°
WTVA Radar
WTVA Temperatures
WTVA Severe Weather