Waymo seeking $2.6 billion for one trade secret against Uber

Reuters News
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Posted: Sep 20, 2017 1:28 PM

SAN FRANCISCO (Reuters) - An Uber [UBER.UL] lawyer on Wednesday said Alphabet Inc's <GOOGL.O> Waymo unit is seeking about $2.6 billion for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars.

Uber Technologies Inc attorney Bill Carmody disclosed the figure in a hearing in federal court in San Francisco, where both companies are discussing whether a trial in the case will begin next month. Waymo has asserted claims that Uber stole several of its trade secrets.

(Reporting by Alexandria Sage)