Waymo car unit wants $1bn in Uber damages
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.