Waymo-Uber

What we're reading: Waymo and Uber's trade secret battle

Photo of Anthony Levandowski speaking at an Uber event.
Anthony Levandowski, Otto co-founder and VP of Engineering at Uber. Photo: ANGELO MERENDINO/AFP/Getty Images

Though Waymo settled its lawsuit against Uber over alleged trade secret theft in February, federal prosecutors are still considering possible criminal charges against the engineer at the center of it all, Anthony Levandowski, according to a New Yorker feature.

Why it matters: Waymo and Uber's year-long legal scuffle over self-driving car tech was one of the most high-profile — and drama-laden — battles in Silicon Valley. It exposed the fierce competition between companies over technology that can have massive implications and revenues.

Uber CEO: Softbank deal, Waymo settlement were about "peace"

Dara Khosrowshahi speaks onstage at The New York Times 2017 DealBook Conference on November 9, 2017 in New York City. Photo: Michael Cohen/Getty Images for The New York Times

Two of Uber's recent deals — an investment from Softbank and settling its lawsuit with Waymo — were about keeping "peace in the kingdom," said new CEO Dara Khosrowshahi on Wednesday at Goldman Sach's tech conference in San Francisco.

Big picture: Khosrowshahi's job so far has been clear: eliminate as much drama from the company as possible. The Softbank investment in particular, was about providing liquidity to early shareholders and paving way for important governance changes that have been overdue.

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