Drama

  • Venture capitalist David Lee sues former partner Ron Conway for millions

    Venture capitalist David Lee sues former partner Ron Conway for millions

    Millions of dollars are at stake in a legal battle between Ron Conway and his former SV Angel partner David Lee, according to a suit filed last week in Marin County Superior Court and first reported by Axios. Lee filed the complaint claiming Conway has not paid him in previously promised fees and agreed-upon shares in investments in companies such as Airbnb, Pinterest and Snapchat. Lee was… Read More

  • SEC fines Zenefits and former CEO Parker Conrad nearly $1 million for misleading investors

    SEC fines Zenefits and former CEO Parker Conrad nearly $1 million for misleading investors

    The SEC is showing its muscle in Silicon Valley with a crackdown on bad behavior, starting with unicorn startup Zenefits and its former CEO Parker Conrad. First noted on BuzzFeed, the human resources startup and Conrad have agreed to pay a combined nearly $1 million in fines to settle accusations made by the SEC that the company made “materially false and misleading statements and… Read More

  • Robert Scoble has allegedly continued to sexually harass women after going sober

    Robert Scoble has allegedly continued to sexually harass women after going sober

    Venture capitalists Dave McClure, Jason Caldbeck and Chris Sacca, SoFi CEO Mike Cagney and a top Uber engineer have all been accused of sexual impropriety in the last six months as a growing number of women have come forward about the harassment they have endured by those in power. However, Robert Scoble, who has been accused of sexual misconduct in the past, has so far gone unscathed. Read More

  • Extracting bias at TechCrunch [Internal]

    Extracting bias at TechCrunch [Internal]

    Our new guidelines underscore TechCrunch’s pathological obsession with social platforms, but also call for our reporters to proceed with the utmost caution, expressing none of their rampant pre-existing biases, which they will maintain undetectably. In the interest of a desperate attempt to appear nonpartisan, we have included our new guidelines here. Read More

  • A movie about former Uber engineer Susan Fowler is reportedly being shopped around

    A movie about former Uber engineer Susan Fowler is reportedly being shopped around

    In all likelihood, when former Uber engineer Susan Fowler authored a now-famous post about her “very strange year” at Uber and the culture of sexism she witnessed first-hand at the company, she had no clue it would have such colossal ripple effects. Yet, according to a new report in Deadline Hollywood, Fowler’s story is being made into a film that’s being pitched to… Read More

  • Splunk is latest company to take exception to Larry Ellison’s slams at Oracle OpenWorld

    Splunk is latest company to take exception to Larry Ellison’s slams at Oracle OpenWorld

    Larry Ellison was at it again yesterday, making friends, influencing people and pissing off rivals. It was AWS in the keynote earlier in the week. Yesterday, it was Splunk, a seemingly innocuous logging software company, which somehow fell into Ellison’s marketing cross-hairs. The company took serious exception. Splunk is best known for logging all events related to IT. Ellison announced… Read More

  • Former Equifax CEO says breach boiled down to one person not doing their job

    Former Equifax CEO says breach boiled down to one person not doing their job

    In a continued effort to pass on any responsibility for the largest data breach in American history, Equifax’s recently departed CEO is blaming it all on a single person who failed to deploy a patch. Hackers exposed the Social Security numbers, drivers licenses and other sensitive info of 143 million Americans earlier this summer by exploiting a vulnerability in Apache’s Struts… Read More

  • The SEC has charged two initial coin offerings with defrauding investors

    The SEC has charged two initial coin offerings with defrauding investors

    The Securities and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. In a statement, the SEC accuses Zaslavskiy of selling unregistered securities and… Read More

  • Equity podcast: Google goes shopping, and IPO madness

    Equity podcast: Google goes shopping, and IPO madness

    Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Today’s episode was especially fun, coming during what we might call “IPO Week” for obvious reasons. Happily, the whole crew was around the table to chew over the latest: Katie Roof, Matthew Lynley and myself — Alex Wilhelm. We… Read More

  • San Francisco sues Equifax on behalf of 15 million Californians affected by the breach

    San Francisco sues Equifax on behalf of 15 million Californians affected by the breach

    Equifax is not only in deep for a class-action lawsuit over a breach exposing 143 million U.S. citizen’s Social Security numbers and a subpoena in New York, it’s now being sued by the city of San Francisco. S.F. City Attorney Dennis Herrera filed the lawsuit against the credit reporting agency in San Francisco Superior Court. Read More

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