Uber Is Facing the Possible Shutdown of Its Self-Driving Car Program
▻http://fortune.com/2017/05/03/uber-waymo-self-driving-cars
Google’s Waymo Pressures Uber Self-Driving Cars in Court
The ride-services company is contesting a lawsuit by Alphabet Inc’s self-driving car unit, Waymo, which accused former Waymo engineer and current Uber executive Anthony Levandowski of taking technical secrets from Waymo and using them to help Uber’s self-driving car development.
If it were proven that Levandowski and Uber conspired in taking the information, that could have dire consequences for Uber, say legal and ride-hailing industry experts. Uber’s $68 billion valuation is propped up in part by investors’ belief it will be a dominant player in the emerging business of self-driving cars.