Uber and family of autonomous vehicle victim reach settlement

TEMPE, Ariz., March 28 (Reuters) – The family of a woman killed by an Uber Technologies Inc self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. Cristina Perez Hesano, attorney with the firm of Bellah Perez in […]

Uber’s CEO says its $245 million settlement with Waymo was ‘well worthwhile’

Thomson Reuters Uber CEO Dara Khosrowshahi said the company’s $ 245 settlement with Waymo was “well worthwhile.” The case put a “pretty significant question mark” over the work of Uber’s employees, he said, and the firm wanted to put the case behind it. Khosrowshahi joined the company five months ago, and is trying to right the […]

Uber reaches settlement with Alphabet’s Waymo over alleged theft of trade secrets

Uber has announced that it’s reached a settlement with Alphabet’s autonomous car division Waymo. The news comes four days into a trial brought about by Waymo, after it alleged that former employees, including Anthony Levandowski, had stolen confidential information to use in a new self-driving vehicle venture called Otto, which was subsequently acquired by Uber. […]

Waymo and Uber end trial with sudden $244 million settlement

Enlarge / Autodesk VRED Design 2017. (credit: Waymo) In a stunning turn, Waymo and Uber have settled their self-driving trade secrets lawsuit on the fifth day of the trial. Ars has learned that Uber has agreed to pay out 0.34 percent of Uber’s equity, with a $ 72 billion valuation, resulting in a payout of […]

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. […]

GM Reportedly Rushes to Block Ignition-Switch Settlement, Still Faces Billions in Liabilities [UPDATE]

– UPDATE, 1/24/2018: In a ruling last week, U.S. bankruptcy judge Martin Glenn said that while the trust “acted in bad faith” during negotiations, the settlement was nonenforceable since there were neither signatures nor any proof of an oral agreement between the parties. Hagens Berman, the firm alleging economic harm and consumer-protection violations, would have […]

Coldest village on Earth: Residents of Siberian settlement unfazed by -62C temperatures (VIDEO)

The Siberian outpost of Oymyakon is officially the coldest permanently inhabited place on Earth – yet residents incredibly go about their day-to-day routines despite bone-chilling temperatures of -62C (-80F). In fact, it’s quite possible that it’s even colder than -62C, given that the Siberian Times reports the town’s digital thermometer stopped working when it reached […]

VW to pay $232 million 3.0-liter Canadian emissions settlement

Volkswagen AG has agreed to a settlement worth up to $ 232 million (C$ 290.5) with owners of vehicles in Canada affected by its diesel emissions-cheating scandal, the automaker said on Friday. The agreement provides for cash payments to owners of about 20,000 3.0-liter Volkswagen, Audi and Porsche diesel vehicles in Canada and is subject […]