Uber and Waymo Settle Their Legal Fight After an Awkward Week in Court

After a tense, often absurd week in court, Uber and Waymo on Friday settled a long-running intellectual property lawsuit regarding the alleged theft of self-driving car trade secrets. Courtroom highlights included Waymo's lawyers playing the "greed is good" speech from the movie Wall Street (because former Uber CEO Travis Kalanick had texted about it) and Judge William Alsup's no-nonsense smack downs. Uber agreed to pay Waymo a 0.34 equity stake at Uber's $72 billion valuation--the payout should be around $245 million, according to the Verge. Uber has also promised not to use any of Waymo's confidential information. The dispute between the two companies stems from Uber's 2016 acquisition of an A.I. trucks startup owned by Anthony Levandowski, who had recently left his post as a head engineer at Waymo, Alphabet's self-driving car branch.