Uber to Give Waymo a $245 Million Equity Stake as Settlement is Reached in IP Theft Trial

Uber and Waymo announced an unexpected settlement agreement on Friday, just days after the high-stakes jury trial began in federal court. Waymo accused Uber of using its trade secret in its self-driving cars.

Eric Walz2018-02-09 11:23 PT

Samsung Joins Waymo at Expanding Autonomous Test Site in Central California

Samsung Electronics is confirmed as the second autonomous driving developer to begin operations at a new planned hub for high-tech automotive research in Merced, California.

Eric Walz2018-01-30 11:32 PT

Uber Plans to Have Autonomous Trips With No Human Backup in 2019

Speaking to the Associated Press at the North American International Auto Show in Detroit, Uber’s Advanced Technology Group leader Eric Meyhofer said that Uber plans to carry passengers in autonomous vehicles without human backup drivers in about the same time frame as its competitors, which is sometime next year.

Eric Walz2018-01-18 11:02 PT

Baidu Sues Silicon Valley Self-Driving Startup JingChi Over IP Theft

Chinese technology giant Baidu is suing a former executive, claiming he stole proprietary information and used it to form his own self-driving car startup, Sunnyvale-based JingChi.

Eric Walz2017-12-27 08:00 PT

Uber Investor Files Suit Over Acquisition of Otto From Former Google Engineer

A Uber investor has filed a lawsuit against the ride-hailing company for failing to properly review company’s $680 million acquisition of a self-driving technology firm that wound up being accused of stealing trade secrets from Waymo, the self-driving car unit of Alphabet Inc.

Eric Walz2017-12-14 14:42 PT

Intel CEO Brian Krzanich Presents Keynote at Automobility LA

Intel CEO Brian Krzanich presented the keynote address on Wednesday morning at the 2017 Automobility LA technology conference where he shared some updates on what Intel is working on in the autonomous driving space.

Eric Walz2017-11-29 09:33 PT

Oct 12th, 2017 News of the Day: CarGurus spikes 72% in auto marketplace IPO

Oct 12th, 2017 News of the Day

Lydia2017-10-12 17:20 PT

Automakers Finding it Hard to Keep Up With Tech Firms on Automotive Technology

A new report from CNBC say that automakers are struggling to keep up automotive technology advancements from Silicon Valley tech companies. It is a "magical time" for autos, but maybe not so much for traditional automakers, says one analyst.

Eric Walz2017-10-05 10:00 PT

Alphabet May Invest $1 Billion in Ride-Hailing Co Lyft

Alphabet Inc is in discussions with Lyft Inc about a substantial investment in the ride-hailing company, potentially strengthening an existing partnership between the two companies.

Eric Walz2017-09-15 10:56 PT

Avis to Maintain Waymo’s Fleet of Self-Driving Minivans

Avis announced today that it has signed an agreement with Waymo, an Alphabet Inc. company, to offer fleet support and vehicle maintenance services for Waymo's self-driving car program at Avis Car Rental and Budget Car Rental locations.

Eric Walz2017-06-26 10:47 PT

Intel Partners with BMW on Self-Driving Cars, Faces Competition

Intel, the computer chip maker has just announced a partnership with German automaker BMW to develop self-driving car technology. The partnership is intended to let Intel and BMW develop a “base functionality platform” for self-driving cars that it would license to car makers.

Eric Walz2017-05-04 15:20 PT

The Head of Uber ATG Steps Down Amid Waymo Lawsuit

As the legal battle escalates between Waymo and Uber over the alleged theft of intellectual property, one of the individuals accused of stealing it has stepped down from his current role at Uber.

Eric Walz2017-04-28 12:13 PT

Honda Opens its Silicon Valley Lab for tech collaboration with Waymo and others

Honda forms a new Silicon Valley company that will be known as Honda Innovations, which will collaboration with other businesses to support and develop advanced automotive technologies.

Eric Walz2017-04-14 17:26 PT

Silicon Valley Start-up Luminar to Begin Production of its LiDAR

Luminar, a Silicon Valley start-up has developed an improved Lidar for self-driving cars and announced that production will begin soon. Some features of this system are highlighted.

Eric Walz2017-04-13 15:25 PT

Google’s fight with Uber over self-driving cars is heating up

Google’s self-driving car unit is taking Uber to court over allegations that a star figure in the development of automated vehicles, Anthony Levandowski, stole trade secrets from Google before he abruptly quit his job. Soon thereafter, he founded his own self-driving truck company, Otto, which was acquired by Uber for $680 million.

TechCrunch2017-03-17 10:55 PT

Google's self-driving unit lost execs by overpaying them

Google's autonomous-driving project, which launched in 2010 and was rebranded as Waymo late last year, has been losing some executives because the division's compensation system paid some executives enough money to be financially independent, Bloomberg News reports, citing people familiar with the process

Autoblog2017-02-15 13:25 PT