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

The chief executive of Uber Technologies Inc, Dara Khosrowshahi attends a meeting with Brazilian Finance Minister Henrique Meirelles (not pictured) in Brasilia, Brazil October 31, 2017. REUTERS/Adriano Machado 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 ship after a string of scandals.

SAN FRANCISCO — Uber CEO Dara Khosrowshahi said the embattled transportation firm’s $ 245 million settlement with Waymo was “well worthwhile” in his first major public appearance since the case ended last week.

The technology executive, speaking at a Goldman Sachs technology conference in San Francisco, California, addressed the ugly legal battle over self-driving car technology and other subjects during a wide-ranging on-stage interview.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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