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Wednesday, 4 March 2020

Ex-Uber self-driving head declares bankruptcy after $179 million loss to Google

Ex-Uber self-driving head declares bankruptcy after $179 million loss to GoogleThe former head of Uber Technologies Inc's self-driving technology unit, Anthony Levandowski, filed for bankruptcy protection on Wednesday, shortly after a court confirmed that he must pay $179 million to Google to end a legal battle over his split from the Alphabet Inc unit. Levandowski, who had been a key engineer in Google's self-driving project, and colleague Lior Ron engaged in unfair competition and breached their legal obligations by starting a rival company and bringing over Google employees, an arbitration panel ruled in December.




from Yahoo Finance https://ift.tt/32Q1lQ1

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