Were these founders previously Google executives or "9th engineer from the left" individual contributors? If you were getting exec pay, it might be semi-believable that you could come out of it and be able to self-fund salaries for 91 employees, but if the latter, I can't see how. Sure, Google pays engineers a lot but come on...
The Uber Bombshell About to Drop
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Re: The Uber Bombshell About to Drop
#72For all the noise and excitement at the start of these clashes, don't they usually get settled with a licensing agreement that both sides can live with? Sometimes we also see a medium-sized payment (not ruinous) to address the allegedly bad conduct. That usually gets paired with some lawyer-like phrases that amount to a blend of quasi-apology and face-saving evasions. It's still an interesting suit. But after Apple/S…
I don't imagine there'll be an amicable end to both parties. What the lawsuit is describing is tantamount to blatant theft. This wasn't just reverse engineered. I imagine someone might go to prison if Alphabet wins.
The civil case was filed in 2007, reached its high-water mark with a jury verdict in 2010 of $1.3 billion in damages, and after a great deal of appeals-court maneuvering, ultimately was settled in 2014 for $356 million in damages.
A separate criminal case was settled for $20 million in 2011. If this Huffington Post article has it right, no individuals were charged. http://www.huffingtonpost.com/2011/09/13/oracle-sap-settleme...
Re: The Uber Bombshell About to Drop
#73For all the noise and excitement at the start of these clashes, don't they usually get settled with a licensing agreement that both sides can live with? Sometimes we also see a medium-sized payment (not ruinous) to address the allegedly bad conduct. That usually gets paired with some lawyer-like phrases that amount to a blend of quasi-apology and face-saving evasions. It's still an interesting suit. But after Apple/S…
Re: The Uber Bombshell About to Drop
#74This part looks to be the most smoking-gun: > December 13, 2016 - A Waymo employee was accidentally copied on an email from one of its LiDAR-component vendors titled OTTO FILES. The email contained a drawing of what appeared to be an Otto circuit board that resembled Waymo’s LiDAR board and shared several unique characteristics with it. (Filing 59)
Thank god for the honest among us.
Re: The Uber Bombshell About to Drop
#75Uber passengers only pay 41% of the cost of trips, with investor capital making up the difference FWIW this assertion (which isn't really core to the central thesis of the post, but still) is wrong. That number comes from https://ftalphaville.ft.com/2016/12/01/2180647/the-taxi-unic... but the author of that story misread the data. Uber only counts their cut as revenue not the full cost of the ride. Despite this repet…
Re: The Uber Bombshell About to Drop
#76Not related - but I do find it ironic that google is up in arms about stolen tech given Steve Jobs' vendetta against google over stolen smart phone ideas. And yes I realize that the gravity of the situation here is different but it's still an amusing thought - not sure why everyone is so offended by this comment. Regarding the lawsuit - I've learned that we have no clue what is going on behind the scenes, so why stre…
What phone ideas stole Google?
Re: The Uber Bombshell About to Drop
#77Driver satisfaction will improve once it's composed entirely of autonomous vehicles.
As for the real drivers, who are paid less than taxi drivers, I'm wondering how that put them into the red when they pay less than taxi companies and skirt regulations. They must have interesting books.
Re: The Uber Bombshell About to Drop
#78For all the noise and excitement at the start of these clashes, don't they usually get settled with a licensing agreement that both sides can live with? Sometimes we also see a medium-sized payment (not ruinous) to address the allegedly bad conduct. That usually gets paired with some lawyer-like phrases that amount to a blend of quasi-apology and face-saving evasions. It's still an interesting suit. But after Apple/S…
Re: The Uber Bombshell About to Drop
#79TL;DR: The "Bombshell" is Alphabet/Waymo's lawsuit against Lewandowski and Uber for stealing trade secrets, and an interpretation that Lewandowski formed Otto basically as a cover to get a big payday from Uber in exchange for the secrets.
The bombshell part specifically would be Levandowski arranging with Uber to steal Waymo tech, form Otto, and Uber would acquire Otto. In all of the reporting I read about this after the first filing, this was missed.
Re: The Uber Bombshell About to Drop
#80It's not a bigger bombshell than what was already in the news. We know what stealing means. The guy is an engineer at Waymo and plugs a USB stick in a laptop to download 9GB of code. And he hoped to get away with this? I'm pretty sure everyone at Google knew, they were just waiting to time it right. "Hey, what about now? When Uber is taking fire from all directions?"