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Uber settles Waymo trade secrets case mid-trial for 0.34% of its equity

Ellie Mertens, New York

The high-profile trade secrets case between Waymo and Uber settled abruptly before their fifth day in front of a jury. The settlement is estimated to be worth $245 million

A settlement of the blockbuster dispute between Waymo and Uber has come just days before Larry Page, CEO of Alphabet (Waymo’s parent company), and Anthony Levandowski, the self-driving-car engineer accused of stealing trade secrets from Waymo, were scheduled to testify....

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