Alphabet Inc.’s Waymo sought at least US$1 billion in damages and a public apology from Uber Technologies Inc. as conditions for settling its high-profile trade secret lawsuit against the ride-services company, Reuters reports, citing sources familiar with the proposal.
Uber rejected those terms as non-starters, said the sources, who were not authorized to publicly discuss settlement talks. The precise dollar amount requested by Waymo and the exact time the offer was made could not be learned.
The aggressive settlement demands also suggest that Waymo is not in a hurry to resolve the lawsuit, in part because of its value as a distraction for Uber leadership, said Elizabeth Rowe, a trade secret expert at the University of Florida Levin College of Law.
Waymo recently persuaded a San Francisco federal judge to delay a trial to decide the dispute from October to early December, citing the need to investigate evidence Uber had not disclosed earlier.
No further settlement talks are currently scheduled, the sources said. The judge overseeing the case mandated that the companies enter mediation with a court-appointed magistrate.
Amy Candido, a Waymo attorney, declined to comment on any settlement talks, but said the company’s reasons for suing Uber are “pretty clear”.
“Waymo had one goal: to stop Uber from using its trade secrets,” she said. “That remains its goal.”
An Uber spokesperson declined to comment.
– Contact us at [email protected]