Month: May 2020

WeWork co-founder Adam Neumann accuses SoftBank of abusing its power in new lawsuit

WeWork co-founder Adam Neumann accused SoftBank Group of abusing its power in a new lawsuit filed Monday that alleges breach of contract and breach of fiduciary duty for pulling a $3 billion tender offer for WeWork shares. The lawsuit, filed in Delaware Court of Chancery, included a motion to consolidate…

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Supreme Court broadcasts oral arguments live for the first time

The COVID-19 pandemic has dragged the US Supreme Court into the modern era, if just for a little while. The institution has held oral arguments for a case (Patent and Trademark Office v. Booking.com) over teleconference for the first time, including… Source

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Formlabs gets FDA emergency use authorization for a 3D-printed ventilator conversion part

The U.S. Food and Drug Administration has awarded Formlabs an emergency use authorization (EUA) for a 3D-printed part designed to convert BiPAP machines designed for sleep apnea into much-needed ventilators. The offering was one of dozens of ventilators and accessories granted such authorization over the weekend. The company plans to devote…

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SEC loosens crowdfunding regs so small businesses can raise alternative financing in pandemic

Just like American workers are turning to crowdfunding to pay for the medical procedures that can keep them alive, the Securities and Exchange Commission is telling small businesses that everyday citizens may provide them with the lifeline that the U.S. government won’t. After two multi-billion dollar stimulus packages which have…

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Tumblr now removes reblogs in violation of its hate-speech policy, not just the original posts

Tumblr is making a change to how it deals with hate speech on its blogging platform. The company announced today it will also remove the reblogs (repostings) from any blogs that were suspended for violating its policies around hate speech. Already, the company says it’s identified nearly 1,000 blogs that…

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All product creators can learn something from Jackbox Games’ user experiences

Jason Shen Contributor Jason Shen is a three-time startup founder and the CEO of Midgame, a gaming technology company backed by Techstars and Betaworks. During this period of shelter-in-place, people have had to seek out new forms of entertainment and social interaction. Many have turned to a niche party series…

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