Uber to pay $245 million to settle Waymo's theft allegations

The surprise settlement announced Friday came as lawyers for Uber and Waymo, a company hatched from Google, prepared to wrap up the first week of a trial that had attracted international attention. Waymo filed its lawsuit nearly a year ago , adding to Uber's woes with allegations of a bold high-tech heist orchestrated by its former CEO, Travis Kalanick, and a former Google engineer. Not long after Thursday's trial proceedings ended, the top lawyers from both companies, Uber's Tony West and Waymo's Kevin Vosen, met to hammer out an agreement.

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2w ago •        
Headlines  Tech