News for hackers. Stuff that matters.

A comment on Uber and Waymo Reach Settlement. Parent comment

Re:Uber and Waymo Reach Settlement by burner890 on Friday February 09, 2018 @07:19PM (#16344980)
There is no evidence Uber has any trade secrets from Waymo that they would have to stop using. That was why Google settled. If Uber did have any trade secrets they would have lost the case outright.
[ Parent | on HN ]
Re:Uber and Waymo Reach Settlement by Retric on Friday February 09, 2018 @08:46PM (#16345357)
Uber gave up 245 million dollars. That's not based on nothing.

Really, if it was an open and shut case Uber could have gotten it dismissed. The fact they figured giving up 1/4 a billion dollars was better than continuing to fight says a lot more about their situation than any internet commentators can. The only reason for them to spend that money is because they was a significant chance aka well over 25% they would have lost significantly more by fighting.

[ Parent | on HN ]
Re:Uber and Waymo Reach Settlement by valuearb on Friday February 09, 2018 @10:58PM (#16345785)
They didn’t give up a single dollar. They gave up a tiny sliver of equity that might be worth $245M someday.
[ Parent | on HN ]
Re:Uber and Waymo Reach Settlement by Retric on Saturday February 10, 2018 @06:45AM (#16346914)
There is a secondary market for Uber stock that's moderately liquid. It's not a public company, but every shareholder takes a haircut when they hand out more stock.
[ Parent | on HN ]