Uber reaches settlement with Alphabet’s Waymo over alleged theft of trade secrets

Uber has announced that it’s reached a settlement with Alphabet’s autonomous car division Waymo.
The news comes four days into a trial brought about by Waymo, after it alleged that former employees, including Anthony Levandowski, had stolen confidential information to use in a new self-driving vehicle venture called Otto, which was subsequently acquired by Uber. It had previously been alleged that Otto had really been an elaborate ruse for Uber to steal Waymo’s Lidar technology