Uber and Waymo reach settlement in blockbuster trade secrets trial

Waymo will receive a settlement of about $245m from UberUber’s CEO said his job included ‘correcting mistakes of the past’The trade secrets trial between Uber and Google’s self-driving car spinoff came to a sudden close on Friday, when an attorney for Waymo announced that it had reached a settlement with the ride hailing company.Waymo will receive a financial settlement that includes 0.34% of Uber’s equity based on a $72bn valuation, putting the reward at about $245