ArsTechnica

Waymo’s staggering settlement demand for Uber: $1 billion

Jaap Arriens/NurPhoto via Getty Images Alphabet’s self-driving car company Waymo wants at least $1 billion—and a public apology—to end its trade secrets lawsuit against Uber, according to a report from Reuters this morning. The report cites sources “familiar with the proposal,” and it doesn’t specify the exact dollar amount or when the proposal was tendered. Waymo (and Google) […]

ArsTechnica

Congress will investigate drug company that gave its patents to Mohawk tribe

Enlarge / Allergan CEO Brenton Saunders addresses employees at a production facility in Pringy, France. JEAN-PIERRE CLATOT/AFP/Getty Images Members of Congress want answers about a multinational drug company’s deal to save its patents by handing them off to a Native American tribe. Last month, Allergan gave the St. Regis Mohawk Tribe six patents that protect Restasis, the company’s blockbuster eye drug. […]