Advertisement
Australia markets closed
  • ALL ORDS

    7,806.00
    -92.90 (-1.18%)
     
  • ASX 200

    7,555.70
    -86.40 (-1.13%)
     
  • AUD/USD

    0.6402
    -0.0023 (-0.36%)
     
  • OIL

    84.16
    +1.43 (+1.73%)
     
  • GOLD

    2,398.40
    +0.40 (+0.02%)
     
  • Bitcoin AUD

    96,796.75
    +1,322.66 (+1.39%)
     
  • CMC Crypto 200

    1,281.17
    -31.45 (-2.40%)
     
  • AUD/EUR

    0.6018
    -0.0013 (-0.22%)
     
  • AUD/NZD

    1.0886
    +0.0011 (+0.10%)
     
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,147.22
    -238.65 (-1.46%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.65%)
     

Trump Pardons Levandowski, Who Stole Trade Secrets From Google

(Bloomberg) -- Outgoing U.S. President Donald Trump pardoned Anthony Levandowski, saving the engineer from more than a year in prison for stealing trade secrets from his former employer Alphabet Inc.’s Waymo.

The pardon was supported by venture capitalist and Trump supporter Peter Thiel, virtual-reality developer Palmer Luckey and former Walt Disney Co. executive Michael Ovitz, among others, according to a statement from the White House on Tuesday.

In August, U.S. District Judge William Alsup in San Francisco ordered Levandowski to spend 18 months in prison, concluding one of the highest-profile criminal cases to hit Silicon Valley and describing it as “the biggest trade secret crime I have ever seen.” Levandowski had pleaded guilty to trade secret theft.

Read more: Former Google Engineer Levandowski to Plead Guilty to Theft

ADVERTISEMENT

Levandowski was an autonomous vehicle pioneer, helping the Google car project, now known as Waymo, during its early years. Uber Technologies Inc. hired him to run its self-driving initiative and Levandowski allegedly downloaded thousands of files before he left Google.

The White House noted that Levandowski’s sentencing judge called him a “brilliant, groundbreaking engineer that our country needs.”

“Mr. Levandowski has paid a significant price for his actions and plans to devote his talents to advance the public good,” the White House added in its statement.

For more articles like this, please visit us at bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.