It’s all over: Why the Waymo v. Uber self-driving settlement makes sense

Enlarge (credit: Uber) On Friday morning, Waymo and Uber settled their trade secrets lawsuit, setting the stage for self-driving marketplace competition rather than a legal battle. After a drawn-out struggle both in a court of law and the court of public opinion, a settlement is the outcome that makes the most sense for both parties. To borrow a phrase that came out during trial from Uber’s ex-CEO, Travis Kalanick, the deal "minimizes risk, minimizes pain." Waymo gets what it wants: Uber agreed to ensure that none of Waymo’s "confidential information" would end up in hardware or software produced by Uber’s self-driving division, known as the Advanced Technologies Group. Waymo also will receive a sizeable 0.34 percent equity share of Uber, worth over $244 million. No money has actually changed hands: it’s an all-equity arrangement, which means Waymo is financially invested to some degree in Uber's future. (The New York Times…

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