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$245 million

Waymo accepts $245 million and Uber’s ‘regret’ to settle self-driving car dispute

SAN FRANCISCO: Uber will pay $245 million worth of its own shares to Alphabet’s Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber’s chief executive to move past one of the company’s most bruising public controversies. The settlement announcement on Friday brought an abrupt halt to the captivating case just before the fifth day of testimony was to begin at a jury trial in federal court in San Francisco. In a lawsuit filed last year, Waymo said that one of its former engineers…