Fatima Ahmad

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  • Uber, Waymo settle court case for $245M in equity

    On Feb. 7, autonomous vehicle competitors Uber and Waymo reached a surprise settlement on their fifth day in court, over allegations that Uber had used Waymo’s trade secrets in its autonomous vehicle development. Waymo, owned by Google’s parent company Alphabet, was paid about $245 million in Uber company equity.

    After Waymo first filed their suit against Uber in February of 2017, some specula...

    SciTech | February 12, 2018