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BREAKING NEWS

Waymo seeking $2.6 billion for one trade secret against Uber

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Waymo seeking $2.6 billion for one trade secret against Uber

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SAN FRANCISCO (Reuters) – An Uber [UBER.UL] lawyer on Wednesday said Alphabet Inc’s Waymo unit is seeking about $2.6 billion (£1.92 billion) for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars. Uber Technologies Inc 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.

(Reporting by Alexandria Sage)
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