Waymo reconciled with Uber, if you get 1 billion dollars and a public apology

As you know, in the beginning of the year part of the holding company Alphabet Waymo has filed a lawsuit against Uber, accusing it of stealing technology. According to the information available to Reuters, the company is ready to settle with Uber, if I get at least 1 billion dollars and a public apology. In addition, Waymo required to appoint independent monitoring to make sure that Uber will not use the stolen technology.

Allegedly, the company Uber has rejected the conditions, saying that they are not fit even for the start of negotiations. About this Reuters said the informants, who requested anonymity because they are not authorized to comment on negotiations.

Requirements Waymo indicate that the company is confident in its position in court. At the preliminary hearing she had won over the defendant. In addition, high demands are a sign that Waymo not in a hurry to complete the lawsuit. This can be explained by the negative impact of an open lawsuit against Uber. Waymo recently managed to convince the judge to postpone the hearing from October to December under the pretext of the need to examine evidence not presented Uber informed.

Uber deny the use of commercial secrets Waymo not comment on the negotiations.

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