TOPICS
DARA KHOSROWSHAHI

Waymo and Uber settle self-driving vehicle trade secret dispute

Friday, 9 February 2018

Alphabet Inc’s Waymo self-driving vehicle unit and ride-hailing firm Uber Technologies Inc have settled their legal dispute over trade secrets, the two companies said on Friday. Uber agreed to pay equity valued at about $245 million to Waymo, according to a Waymo representative. Waymo had previously estimated damages in the case at about $1.9 billion, which Uber rejected. A jury trial to decide a lawsuit filed by Waymo a year ago was dismissed by the judge just five days after it started ...

Uber appeals against loss of London license

Friday, 13 October 2017

Uber submitted a court appeal on Friday to overturn a decision by London’s transport regulator that stripped the taxi app of its operating license in one of its most important markets. Transport for London (TfL) shocked the Silicon Valley firm last month by deeming it unfit to run a taxi service and refusing to renew its license, citing its approach to reporting serious criminal offences and background checks on drivers. Friday’s filing is a short ...

Uber boss to meet London transport chief in bid to keep license

Tuesday, 3 October 2017

Uber’s new global boss Dara Khosrowshahi will meet London’s transport regulator on Tuesday in the taxi hailing app’s bid to keep its license in one of its most important foreign markets. Transport for London (TfL), which runs and regulates the capital’s transport system, shocked Uber last month by deeming it unfit to run a taxi service and refusing to renew its license. TfL cited the firm’s approach to reporting serious criminal offences ...

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