Waymo Wants Uber to Pay $2.6 Billion Over Alleged Trade Secret Theft (reuters.com)

Alphabet's Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars, a lawyer for Uber said on Wednesday. From a report: Uber attorney Bill Carmody disclosed the figure in a hearing in federal court in San Francisco, where both companies are discussing whether a trial in the case will begin next month. Waymo has asserted claims that Uber stole several of its trade secrets. The total amount of Waymo's damages request was not publicly disclosed at the hearing on Wednesday. Waymo claimed in a lawsuit earlier this year that former engineer Anthony Levandowski downloaded more than 14,000 confidential files before leaving to set up a self-driving truck company, which Uber acquired soon after.

Comments

Worth far more.

[Gravis Zero]

The amount of time and talent required to develop that technology before all of it's competitors is worth far more than $2.6B if Uber can release a product or service within the same year as Waymo. Frankly, this technology is worth hundreds of billions if not trillions of dollars. All of Uber's financing and assets should have been excoriated from them in their entirety. I hope I'm not underselling just how large an impact this technology is going to have. ;)