Waymo seeks $1bn and an apology from Uber to settle trade-secret lawsuit
San Francisco — Alphabet’s Waymo sought at least $1bn in damages and a public apology from Uber as conditions for settling its high-profile trade-secret lawsuit against the ride-services company, sources familiar with the proposal said. 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. Uber rejected those terms as nonstarters, said the sources, who were not authorised to publicly discuss settlement talks. The precise dollar amount requested by Waymo and the exact time the offer was made could not be learnt. Waymo’s tough negotiating stance, which has not been previously reported, reflects the company’s confidence in its legal position after months of pretrial victories in a case which may help to determine who emerges in the forefront of the fast-growing field of self-driving cars. The aggressive settlement demands also suggest that Waymo is not in a hurry to resolve the l...
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