Deals
Waymo’s Bid for $1.86 Billion in Uber Case Is Hurt by Expert’s Removal
- Uber argued forecasting driverless car profits is speculative
- Several unfavorable rulings leave Waymo with ‘shrinking’ case
Source: Waymo
This article is for subscribers only.
Waymo’s bid to recover $1.86 billion in a trade secrets case against Uber Technologies Inc. is in jeopardy as a federal judge cut the company’s damages expert from the case, one month before a trial over driverless technology.
The decision leaves the Alphabet Inc. unit without an outside source to justify why it deserves that startling amount in an industry that hasn’t been commercialized or generated revenue for either company.