The surprise agreement ends a trial between the two
A source familiar with the confidential deal said Uber agreed to a financial settlement giving the Alphabet unit 0.34 percent of Uber shares—which would be some $244 million based on Uber's valuation of $72 billion.
Uber also agreed not to use any of Waymo's technology for autonomous driving as part of the settlement, which was approved by Judge William Alsup as he dismissed the case.
Waymo said in a statement: "We have reached an agreement with Uber that we believe will protect Waymo's intellectual property now and into the future. We are committed to working with Uber to make sure that each company develops its own technology."
Read more at: https://phys.org/news/2018-02-waymo-uber-secrets-theft-trial.html#jCp
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