Uber rejected a $500 million settlement to Waymo earlier last week - www.justnaira.com
We received reports that Waymo, the self-driving unit of the Google parent Alphabet, proposed that Uber settles it with a whooping sum of $500 million earlier last week but the board of directors or the ride-hailing company turned down the deal and this was confirmed by our sources who were explicitly familiar with the case. On Friday, the two companies settled their lawsuit caused by bitter resentment over stolen secrets self-driving cars. The price tag of which was a much more reasonable $245 million in Uber stock as well as a promise to not utilize Waymo’s trade secrets in any
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