Uber faces $1bn damages suit

ALPHABET’S Waymo is seeking at least $1 billion (R13.52bn) in damages and a public apology from Uber as conditions for settling its highprofile trade secret lawsuit against the ride-services company, sources familiar with the proposal say. The Waymo self-driving car unit also asked that an independent monitor be appointed to ensure Uber did not use Waymo technology in the future, the sources said. Uber rejected those terms as non-starters, said the sources. The precise dollar amount requested by Waymo and the exact time the offer was made could not be established. – Reuters

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