Brad Feld: Don’t get too excited about all those “new” acquisitions by non-tech companies

32814944205_d256a51d86_k It might be of particular interest to TC readers to know that from Brad Feld’s perspective — and he’s been in the startup world for 30 years — non-tech companies acquiring tech startups is neither a new nor sustainable trend, despite the vast amounts of ink such acquisitions have received in the press. Here’s what he had to say on whether we’re seeing a… Read More

App platform company MuleSoft files for IPO

MuleSoft___Integration_Platform_for_Connecting_SaaS_and_Enterprise_Applications MuleSoft is the latest “unicorn” to file for an IPO. The company, which helps businesses like Netflix and Spotify with their APIs, has unveiled its financials to the public in an S-1 filing, suggesting that they are targeting a debut as soon as March. The size of the proposed IPO is $100 million, but that is subject to change. In the filing we see that MuleSoft had $187.7… Read More

Postmates now allows drivers to opt out of mandatory arbitration

The Postmates sign outside the office In fall 2015, the National Labor Relations Board filed a complaint against Postmates that challenged the legality of the company’s mandatory arbitration agreement between it and its contractors. Yesterday, Postmates updated its legal document to offer contractors a way to opt out of mandatory arbitration. Read More

Weekly Roundup: CRISPR-Cas9 patent case concludes, Mark Zuckerberg’s 5,000 word letter to global community

PARIS, FRANCE - MARCH 24:  Laureate Professor Jennifer Doudna (for reinventing genetic research - she's from USA) attends the "L'Oreal-UNESCO Awards 2016 For Women in Science International", hosted by Fondation l'Oreal at Maison de la Mutualite on March 24, 2016 in Paris, France.  (Photo by Bertrand Rindoff Petroff/Getty Images for Fondation L'oreal) This week, the CRISPR-Cas9 patent case came to a close, an encrypted messaging app went open source and Facebook announced some big changes to its video product. These are some of the notable stories in tech from this week. You can also receive this post as a weekly newsletter, delivered to your inbox on Saturday mornings. 1. A judge has determined that CRISPR-Cas9 patents belong to the… Read More

GM said to be fielding thousands of self-driving test Bolts with Lyft in 2018

Cruise Chevy Bolt Self-driving fleets of cars might be sharing the streets with human drivers sooner than many thought; Reuters reports that GM will field “thousands” of self-driving electric test vehicles, primarily based on the Chevrolet Bolt platform, starting in 2018. The fleets will primarily be used with partner Lyft for on-demand ride-hailing service, according to the report. Read More

California congressman proposes an investigation into Trump’s unsecured Android phone

CHARLESTON, SC - FEBRUARY 18: Republican presidential candidate Donald Trump talks talks on the phone while making a stop for lunch between campaign events at Fratello's Italian Tavern in North Charleston, SC on Thursday Feb. 18, 2016. (Photo by Jabin Botsford/The Washington Post via Getty Images) Remember the unsecured Android handset that newly minted President Trump gave up, but then apparently didn’t actually give up? Things had seemingly gone silent on that front as the world took some time out to focus on the rest of the deluge of insanity that is politics in 2017.
Today, however, the story is rearing its head yet again, as California Congressman Ted Lieu has proposed an… Read More

The importance of streaming to e-sports

PARIS, FRANCE - OCTOBER 28:  Fans watch an electronic video game tournament with the game "League of Legends" developed by Riot Games during the "Paris Games Week" on October 28, 2016 in Paris, France.  "Paris Games Week" is an international trade fair for video games to be held from October 27 to October 31, 2016.  (Photo by Chesnot/Getty Images) There are three key ingredients for a game or pastime to become a sport: playing, competing and viewing. The ability to play and compete are necessary steps in the transformation from game to sport. However, broadcasting and viewing are the crucial components to enable widespread adoption and popularity. Just as with offline sports, e-sports require these elements. Read More

Dorsey: Twitter still has “a long way to go”

Jack Dorsey Twitter co-founder and CEO Jack Dorsey spoke on stage with COO and CFO Anthony Noto at the Goldman Technology Conference in San Francisco on Wednesday. The leaders of the social media giant reiterated Twitter’s mission as a real-time information platform and spoke of its latest accomplishments, but also talked about the challenges of growing what is already a widely-used site. “We… Read More

CRISPR-Cas9 inventor Jennifer Doudna’s plans on moving forward, genetically modifying humans

PARIS, FRANCE - MARCH 24:  Laureate Professor Jennifer Doudna (for reinventing genetic research - she's from USA) attends the "L'Oreal-UNESCO Awards 2016 For Women in Science International", hosted by Fondation l'Oreal at Maison de la Mutualite on March 24, 2016 in Paris, France.  (Photo by Bertrand Rindoff Petroff/Getty Images for Fondation L'oreal) The decision of who owned the rights to a hotly disputed CRISPR gene editing patent came down in favor of the Broad Institute of MIT and Harvard today so you’d think the mood would be sour at the University of California, Berkeley, the other contender in the case. But Berkeley’s Jennifer Doudna tells TechCrunch this is a positive for her. “I’m actually delighted to know… Read More

Our favorite startups from 500 Startups’ 19th class

16804522_10209929257607018_1918237469_o Deep in the Valley this afternoon, 500 Startups’ 19th demo day drew to a close at the Computer History Museum. Business-to-business software, fashion and beauty products made up the largest proportion of companies, but 500 left room for a few outliers. It’s tough for anyone to say who the next Twilio will be, but it just might be hidden somewhere in the 40 companies that… Read More