Uber, Waymo Settle Trade Secret Case Amid Trial

Law360, San Francisco (February 9, 2018, 11:07 AM EST) -- Waymo and Uber have reached a settlement of their self-driving car trade secret row a third of the way through trial, with Uber agreeing to give Waymo a slice of the ride-hailing company's $72 billion equity worth approximately $245 million.

Uber agreed to give Waymo .34 percent of its equity on Friday to end a trial over trade secrets for self-driving cars. (AP) U.S. District Judge William Alsup elicited an audible gasp from the courtroom when he announced the settlement and excused the jury Friday morning after one week of trial. He told the jurors, who had sat through a week...

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