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Waymo and Uber Abruptly Settle for $245 Million

posted by Fnord666 on Saturday February 10 2018, @03:15PM   Printer-friendly
from the No-popcorn-for-you! dept.

Freeman writes:

I hope you haven't invested in too much popcorn for the Waymo and Uber Saga. They settled with a $244 Million dollar payout to Waymo. Would have been interesting to see the whole thing play out. Though, I guess it's not terribly surprising, considering how many times I've gotten Jury summons just to be told that I won't be needed. Horror of horrors, I actually had to drive to the courthouse once, before the parties settled.

Details at Wired, Reuters, TheVerge and The New York Times.

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  • (Score: 2) by frojack on Saturday February 10 2018, @07:45PM

    by frojack (1554) on Saturday February 10 2018, @07:45PM (#636111) Journal

    a quarter billion

    In stock. And can't be sold soon enough to be useful.

    Getting this stock actually hurt alphabet stock, (although it rebounded).

    Uber stock jumped, because the death grip was suddenly loosened. (Don't expect it to last, they are in trouble everywhere they do business).

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