Uber Technologies Inc directors were accused of failing to properly review the ride-sharing company’s US$680mil (RM2.77bil) acquisition of a self-driving technology firm that wound up being accused of stealing trade secrets from a unit of Alphabet Inc.
Uber’s board recklessly approved the purchase of a company owned by former Google engineer Anthony Levandowski, who has been accused of stealing seven years of research material about self-driving cars from his former employer, according to an investor’s lawsuit in Delaware Chancery Court.