Waymo and #uber reach a surprise settlement

Tech

After months of buildup and nearly a full week of courtroom drama, the two sides in the Waymo v. Uber lawsuit have reached a settlement and the case is being dismissed with prejudice. An attorney for Waymo announced the settlement this morning and was met with gasps of shock from reporters and members of the public who had crowded into the courtroom in San Francisco in hopes of seeing more drama. Judge Alsup granted the motion to dismiss, and with that, the case is, in his words, “ancient history.” This was supposed to be day 5 of the trial, which was expected to last at least another week, likely more.

Waymo gets 0.34 percent of Uber’s equity at the company’s $72 billion valuation, which works out to a value of around $245 million….

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