Waymo and Uber reach settlement in trade secret case

Alphabet Inc's <GOOGL.O> Waymo self-driving vehicle unit and ride-hailing firm Uber Technologies Inc have settled their legal dispute over trade secrets, the two companies said on Friday.

A trial to decide the case, which started earlier this week, has been dismissed by the judge.

The settlement includes an agreement "to ensure that any Waymo confidential information is not being incorporated in Uber Advanced Technologies Group hardware and software," a Waymo spokesperson said.

RELATED: Check out how much Uber drivers are making around the world:

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How much Uber drivers make in different cities
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How much Uber drivers make in different cities

1) New York City: $29.34 per ride

(Patrick Batchelder / Alamy)

2) Pittsburgh: $14.84 per ride

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3) San Francisco: $14.65 per ride

(Shutterstock / Stefanie Schoenebein)

4) Phoenix: $14.36 per ride

(Alamy)

5) Miami: $14.38 per ride

(Shutterstock)

6) Salt Lake City: $13.86 per ride

(Getty Images)

7) Austin: $13.67 per ride

(Getty Images)

8) Seattle: $13.17 per ride

(Shutterstock / Jeffrey T. Kreulen)

9) Cleveland: $13.02 per ride

(Henryk Sadura)

10) Atlanta: $12.93 per ride

(Getty Images)

11) Boston: $12.80 per ride

(Getty Images)

12) San Diego: $12.60 per ride

(Getty Images/Imagebroker)

13) Baltimore: $12.21 per ride

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14) Washington: $12.17 per ride

(Getty Images)

15) Denver: $11.70 per ride

(Chris Rogers)

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Uber Chief Executive Dara Khosrowshahi said: "While we do not believe that any trade secrets made their way from Waymo to Uber, nor do we believe that Uber has used any of Waymo’s proprietary information in its self-driving technology, we are taking steps with Waymo to ensure our Lidar and software represents just our good work."

No further details of the settlement were immediately available.

(Reporting by Alexandria Sage; Editing by Bill Rigby)

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