Waymo car unit wants $1bn in Uber dam­ages

The Irish Times - Business - - MARKETS -

Al­pha­bet’s Waymo sought at least $1 bil­lion in dam­ages and a pub­lic apol­ogy from Uber Tech­nolo­gies as con­di­tions for set­tling its high-pro­file trade se­cret law­suit against the ride-ser­vices com­pany, sources fa­mil­iar with the pro­posal said.

The Waymo self-driv­ing car unit also asked that an in­de­pen­dent mon­i­tor be ap­pointed to en­sure Uber does not use Waymo tech­nol­ogy in the fu­ture. Uber re­jected those terms as non-starters, said the sources. Waymo’s tough ne­go­ti­at­ing stance re­flects the com­pany’s con­fi­dence in its le­gal po­si­tion in a case which may help to de­ter­mine who emerges in the fore­front of the fast-grow­ing field of self-driv­ing cars.

Even if a jury finds that Uber stole Waymo trade se­crets, Uber says in court fil­ings that its en­gi­neers have de­signed around the Waymo tech­nol­ogy.

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