Tag: Alphabet

Waymo, Uber autonomous vehicle lawsuit ends in apology, $245million settlement

​Uber Technologies Inc. will pay $245 million worth of its own shares to Alphabet Inc’s Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber’s new chief executive to move past one of the company’s most bruising public controversies. The settlement was announced on Friday just before the fifth day of… Read More Waymo, Uber autonomous vehicle lawsuit ends in apology, $245million settlement

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Alphabet, Lyft in discussions over billion dollar investment

​ Alphabet Inc. is in discussions with Lyft Inc. about a possible investment in the ride-hailing company, potentially deepening an existing partnership between the two firms, a person familiar with the talks said on Thursday. An injection of support from one of Silicon Valley’s largest companies could be a boost to Lyft as the No.… Read More Alphabet, Lyft in discussions over billion dollar investment

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Alphabet’s Waymo sues Uber over trade theft

Alphabet Inc’s Waymo self-driving car unit sued Uber Technologies and its autonomous trucking subsidiary Otto on Thursday over allegations of theft of its confidential and proprietary sensor technology. Waymo accused Uber and Otto, acquired by the ride services company in August, with stealing confidential information on Waymo’s Lidar sensor technology to help speed its own… Read More Alphabet’s Waymo sues Uber over trade theft

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