Uber shuts down its self-driving truck unit within 2 years
Uber is shutting down its controversial self-driving truck business, acquired from Otto in 2016 for $680 million. This comes after Uber lost a lawsuit against Google spinoff Waymo, which alleged that Otto's co-founder and former Google engineer Anthony Levandowski stole trade secrets. Uber had to pay Waymo nearly $245 million in equity and later also fired Levandowski for the same.