Alphabet's Waymo demanded US$1bil in settlement talks with Uber


  • TECH
  • Thursday, 12 Oct 2017

Waymo recently persuaded a San Francisco federal judge to delay a trial to decide the dispute from October to early December.

SAN FRANCISCO: Alphabet Inc's Waymo sought at least US$1bil (RM4.42bil) in damages and a public apology from Uber Technologies Inc as conditions for settling its high-profile trade secret lawsuit against the ride-services company, sources familiar with the proposal told Reuters.

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, the sources said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

China wants everyone to trade in their old cars, fridges to help save its economy
North Korea hacking teams hack South Korea defence contractors - police
HK$888,888 for a set of plastic utensils? Hongkongers have some fun with ban
Vietnam's FPT to invest $200 million in AI factory using Nvidia chips
Report urges fixes to online child exploitation CyberTipline before AI makes it worse
OVH Groupe's H1 core profit beats forecasts
Tech CEOs assess the AI revolution so far
Your brain waves are up for sale. A new law wants to change that.
Here’s how to file your income tax returns online with LHDN, deadline May 15
Earth Day: How AI is helping drive down food waste

Others Also Read