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A former Uber executive was ordered to pay Google $179 million. Then he filed for bankruptcy.

Anthony Levandowski, who once ran Uber’s self-driving-car unit, was accused of stealing trade secrets......»»

Category: personnelSource: nytMar 4th, 2020

Uber faces costly choices after expert finds it uses Waymo self-driving tech

Uber said it "will likely" have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software, after an expert found the ride-hailing giant still used technology from the Alphabet Inc unit......»»

Category: topSource: reutersNov 7th, 2019

DOJ charges ex-Google engineer with tech theft

The U.S. Department of Justice on Tuesday filed criminal charges accusing Anthony Levandowski, a pioneer in self-driving car technology, of stealing trade secrets from his former employer Google before joining rival Uber......»»

Category: videoSource: reutersAug 27th, 2019

Explainer: Ex-Google engineer faces severe penalties in self-driving trade secrets case

U.S. prosecutors on Tuesday brought a criminal case against a former high-ranking Google engineer, alleging he stole confidential technology from the company's self-driving car unit before joining rival Uber Technologies Inc ......»»

Category: topSource: reutersAug 27th, 2019

Former Google, Uber Self-Driving Tech Engineer Levandowski Indicted On IP Theft Charges

Pioneering autonomous vehicle engineer Anthony Levandowski has been arrested and charged with theft of trade secrets. read more.....»»

Category: blogSource: benzingaAug 27th, 2019

Anthony Levandowski arrested and charged with stealing self-driving trade secrets: WSJ

Anthony Levandowski, the engineer at the center of a legal fight between Google parent Alphabet Inc. and Uber Technologies Inc. , was arrested on Tue.....»»

Category: topSource: marketwatchAug 27th, 2019

Waymo Said To Seek $4B In External Funding As It Mulls Going Public

Alphabet Inc’s  (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is in talks with outside investors to raise as much as $4 billion to fund its autonomous driving efforts, read more.....»»

Category: blogSource: benzingaMay 20th, 2021

Google Self-Driving Sister Company Waymo Loses More High-Profile Executives A Month After CEO"s Exit

Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is seeing the departure of two more key executives, a little over a month after CEO John Krafcik’s exit in April, Techcrunch read more.....»»

Category: blogSource: benzingaMay 13th, 2021

Uber gross bookings hit all-time high of $19.5B as economy reopens

Uber narrowed its net losses from $2.93 billion to $108 million, primarily due to a $1.6 billion benefit from the sale of its ATG self-driving unit......»»

Category: topSource: foxnewsMay 5th, 2021

Earnings Results: Uber shows smallest quarterly loss in its history thanks to sale of self-driving unit; delivery continues to dominate

Uber Technologies Inc.'s business continued to recover in the first quarter as COVID-19 restrictions eased, and the sale of its self-driving unit helped produce the smallest quarterly loss in its history as a public company......»»

Category: topSource: marketwatchMay 5th, 2021

Lyft joins Uber in ditching plans to make its own self-driving car, selling its autonomous vehicle unit to Toyota for $550 million

Lyft follows Uber in ditching plans to make a self-driving car. Its self-driving unit, Level 5, will.....»»

Category: personnelSource: nytApr 27th, 2021

Apple sues former employee for trade secret theft, media leaks, 9To5Mac says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 11th, 2021

You could soon charge an electric car in the time it takes to fill a tank of gas thanks to a startup partnering with Uber

Ample hopes to ease the range-bound anxiety of driving an electric car by making charging stations as fast and readily available as gas stations. Founders .....»»

Category: smallbizSource: nytMar 3rd, 2021

Waymo chief says Tesla"s "not a competitor at all" on self-driving cars

Tesla Inc. is going down the wrong road to autonomous vehicles and is "not a competitor at all" to Alphabet Inc.'s Waymo self-driving unit. That's what Waymo CEO John Krafcik told Germany's Manager Magazin in an article published last week. “It is .....»»

Category: topSource: bizjournalsJan 25th, 2021

Another Fundraise, As Self-Driving Startup Waymo"s Investment Hits $3B In 2020

Waymo, the autonomous driving unit of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), announced Tuesday that it has raised a read more.....»»

Category: blogSource: benzingaMay 13th, 2020

The Funded: 16 Bay Area companies raise over $1.3B at midweek

Sixteen Bay Area companies raised more than $1.3 billion in venture funding at midweek. Here's more on that and other venture news from the region. Funding Waymo LLC, Mountain View, $750 million: The self-driving car unit of Alphabet Inc. brought.....»»

Category: topSource: bizjournalsMay 13th, 2020

Self-driving startup Zoox settles trade-secrets lawsuit filed by Tesla

Autonomous-vehicle startup Zoox said late Tuesday it has settled a lawsuit by Tesla Inc. that alleged theft of trade secrets. Las.....»»

Category: topSource: marketwatchApr 14th, 2020

Ex-Uber executive Anthony Levandowski pleads guilty to trade-secret theft

The guilty plea, which could lead to a prison sentence, is the latest twist in a years-long saga of conflict and courtroom drama......»»

Category: topSource: washpostMar 19th, 2020

Waymo Shuts Safety Driver-Monitored Autonomous Taxis Citing Coronavirus Fears

Waymo, the autonomous driving unit of Alphabet Inc (NASDAQ: GOOGL), has announced that it will shut down all of its human-monitored self-driving taxis across Phoenix, Arizona, in a bid to protect employees from contracting the coronavirus. read more.....»»

Category: blogSource: benzingaMar 18th, 2020

Uber"s self-driving vehicle unit resumes testing on public roads, TC reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 10th, 2020