Uber Technologies Inc. will appeal a judge’s ruling that its driverless-car-technology dispute with Waymo should be held in federal court rather than in private arbitration, according to a court filing Thursday. Last week, U.S. District Judge William Alsup of San Francisco ordered that the case proceed to trial, and issued an injunction banning Uber engineer Anthony Levandowski from any work involving LiDAR technology. Waymo, the self-driving car unit of Alphabet Inc. , claims that Levandowski — a former Google executive — conspired with Uber to steal trade secrets when he switched companies. “Waymo has presented strong evidence that Uber has stolen our trade secrets and used our confidential information,” Waymo said in a statement Thursday. “Uber’s appeal is a blatant attempt to hide their misconduct from the public.” Uber did not immediately respond for comment. If it proceeds to trial, the case could be one of the juiciest to hit Silicon Valley in years.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News