The trade secrets trial involving Uber CEO has come to an unexpected close, after the two companies reached a settlement which includes Waymo being awarded around $245m . In a statement, Waymo and Uber , Uber apologised to Google employees, said the acquisition of self-driving car firm Otto "could and should have been handled differently", and added Uber would work with Otto to ensure its self-driving technology was "just our good work". Analysts said the trial would not have ended well for either firm, as Google -owned Waymo could not prove how its trade secrets had ended up with Dara Khosrowshahi .
The trade secrets trial involving Waymo and Uber has come to an unexpected close, after the two companies reached a settlement which includes Waymo being awarded around $245m. In a statement, Uber CEO, Dara Khosrowshahi apologised to Google employees, said the acquisition of self-driving car firm Otto "could and should have been handled differently", and added Uber would work with Waymo to ensure its self-driving technology was "just our good work". Analysts said the trial would not have ended well for either firm, as Google-owned Waymo could not prove how its trade secrets had ended up with Uber.