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Archivo del Autor: Belen De Leon

TR10: Un electrocardiograma en la muñeca

Las nuevas regulaciones e innovaciones en hardware y software han dado lugar a los relojes inteligentes con ECG que tienen la misma precisión que un dispositivo médico
Source: MIT

TR10: Predicción de nacimientos prematuros

Secuenciar el ARN libre en la sangre de la madre permite identificar qué mujeres están en riesgo de sufrir un parto prematuro
Source: MIT

FTC Hits TikTok With Record $5.7 Million Fine Over Children’s Privacy

The social media app will pay $5.7 million to settle the allegations, and be required to delete videos uploaded by anyone under 13.
Source: Wired

How'd the Cohen Hearing Go? That Depends on Your Filter Bubble

On social media and on partisan sites, the talk of Michael Cohen’s hearing in the House Oversight Committee split into like-minded echo chambers.
Source: Wired

A big ruling against Fox raises concerns of ‘self-dealing’ with Hulu

An arbitrator has awarded $179 million in damages to the stars and creative team behind the Fox show “Bones.”

As laid out in an in-depth Hollywood Reporter story, the ruling could have bigger implications for the streaming world, particularly as the major media companies are looking to launch their own streaming services, which will presumably take advantage of their existing content libraries.

Stars David Boreanaz and Emily Deschanel, along with executive producer Barry Josephson and Kathy Reichs (who wrote the novels that “Bones” was based on), sued 21st Century Fox in 2015. They alleged that the Fox studio licensed the show for below-market rates to Fox networks and later to Hulu, cheating them out of their rightful share of the profits.

The dispute ultimately went into arbitration. Now arbitrator Peter Lichtman has ordered Fox (which currently owns a 30 percent stake in Hulu, and is in the process of being acquired by Disney) to pay one of the largest profit-sharing awards in Hollywood history.

As part of his ruling (embedded below), Lichtman examines Fox’s deal to stream “Bones” reruns on Hulu. These kinds of deals — where studios sell content to a corporate sibling — aren’t unusual, but the company is still expected to pay fair market value.

It seems, in this case, that Hulu was only giving Fox a share of ad revenues, something that Lichtman describes skeptically: “So, when Fox contends that there is no evidence of a better deal struck by another studio in terms of the percentage of ad revenue, this is true because no other studio would make such a deal based on the percentage of ad revenue” (emphasis in the original).

Lichtman then moves on to what he calls “perhaps the most shocking piece of evidence related to the Hulu issues,” namely the fact that executive Dan Fawcett signed the licensing agreement on behalf of both Fox and Hulu.

“As stated above, Mr. Fawcett literally signed the agreement for both parties in his representative capacity for both sides,” Lichtman writes. “The obvious inferences of self-dealing, conflict of interest and the lack of any arm’s length negotiations leap off the page.”

Ultimately, Lichtman concludes that there’s one obvious reason why Hulu got such a good deal.

“It is undisputed that the Fox conglomerate had an equity stake in Hulu, and the evidence established that ‘Fox writ large’ essentially handed over the digital rights at a low cost to build up value of that enterprise,” he says.

Fox, meanwhile, is challenging the ruling and arguing that most of the damages should be avoided.

“The ruling by this private arbitrator is categorically wrong on the merits and exceeded his arbitration powers,” the company said in a statement. “Fox will not allow this flagrant injustice, riddled with errors and gratuitous character attacks, to stand and will vigorously challenge the ruling in a court of law.”

Regardless of how this case plays out, it probably won’t be the last time Hollywood talent challenges the studios over streaming profits.

Update: Disney has provided the following statement from CEO Bob Iger:

[Fox executives] Peter Rice and Dana Walden are highly respected leaders in this industry, and we have complete confidence in their character and integrity. Disney had no involvement in the arbitration, and we understand the decision is being challenged and will leave it to the courts to decide the matter.

Bones arbitrarion ruling by TechCrunch on Scribd


Source: TechCrunch

Box fourth quarter revenue up 20 percent, but stock down 22 percent after hours

By most common sense measurements, Box had a pretty good earnings report today, reporting revenue up 20 percent year over year to $163.7 million. That doesn’t sound bad, yet Wall Street was not happy with the stock getting whacked, down more than 22 percent after hours as we went to press. It appears investors were unhappy with the company’s guidance.

Part of the problem, says Alan Pelz-Sharpe, principal analyst at Deep Analysis, a firm that watches the content management space, is that the company failed to hit its projections, combined with weaker guidance; a tough combination, but he points out the future does look bright for the company.

Box did miss its estimates and got dinged pretty hard today; however, the bigger picture is still of solid growth. As Box moves more and more into the enterprise space, the deal cycle takes longer to close and I think that has played a large part in this shift. The onus is on Box to close those bigger deals over the next couple of quarters, but if it does, then that will be a real warning shot to the legacy enterprise vendors as Box starts taking a chunk out of their addressable market,” Pelz-Sharpe told TechCrunch.

This fits with what company CEO Aaron Levie was saying. “Wall Street did have higher expectations with our revenue guidance for next year, and I think that’s totally fair, but we’re very focused as a company right now on driving reacceleration in our growth rate and the way that we’re going to do that is by really bringing the full suite of Box’s capabilities to more of our customers,” Levie told TechCrunch.

Holger Mueller, an analyst with Constellation Research says failing to hit guidance is always going to hurt a company with Wall Street. “It’s all about hitting the guidance, and Box struggled with this. At the end of the day, investors don’t care for the reasons, but making the number is what matters. But a booming economy and the push to AI will help Box as enterprises need document automation solutions,” Mueller said.

On the positive side, Levie pointed out that the company achieved positive non-GAAP growth rate for the first time in its 14-year history, with projections for the first full year of non-GAAP profitability for FY20 that it just kicked off.

The company was showing losses on a cost per share of 14 cents a share for the most recent quarter, but even that was a smaller loss than the 24 cents a share from the previous fiscal year. It would seem that the revenue is heading generally in the correct direction, but Wall Street did not see it that way, flogging the cloud content management company.

Chart: Box

Wall Street tends to try to project future performance. What a company has done this quarter is not as important to investors, who are apparently not happy with the projections, but Levie pointed out the opportunity here is huge. “We’re going after 40 plus billion dollar market, so if you think about the entirety of spend on content management, collaboration, storage infrastructure — as all of that moves to the cloud, we see that as the full market opportunity that we’re going out and serving,” Levie explained.

Pelz-Sharpe also thinks Wall Street could be missing the longer-range picture here. “The move to true enterprise started a couple of years back at Box, but it has taken time to bring on the right partners and infrastructure to deal with these bigger and more complex migrations and implementations,” Pelz-Sharpe explained. Should that happen, Box could begin capturing much larger chunks of that $40 billion addressable cloud content management market, and the numbers could ultimately be much more to investor’s liking. For now though, they are clearly not happy with what they are seeing.


Source: TechCrunch

The best Google Easter eggs

Google is known for playing pranks every year in April, but the fun doesn’t stop there. The company’s search engine is riddled with Easter eggs, and if you know where to look, they’re not hard to find. Here are our favorites.

The post The best Google Easter eggs appeared first on Digital Trends.


Source: Digital trends

Verified Expert Lawyer: Andrew Erskine

Andrew Erskine has developed his legal career along with the rise of the tech startup scene in Los Angeles. Today, as a partner at Orrick in its Santa Monica office, he works with companies large and small in the area and beyond.


His approach:

“The way that I practice and the philosophy I have is that clients aren’t really coming to me with legal problems. They’re coming with business problems and we need to solve them with that context. It’s almost never an answer of, ‘This is the law, now go do what it is that the law says exactly what you need to do.’ It’s more of, ‘This is the way that your business works and how I understand it, and these are the rules that are set out for you to follow and you need to think about how to follow them.’”

On LA’s startup scene:

“Andrew provides the same level of effort, expertise and professionalism when I was a pre-seed company with no capital as he did when we had raised $100 million.” Brian Thomas, Los Angeles, co-founder, Clutter

“The LA community has gotten to a point where it’s sophisticated and it’s significant. It’s one of the largest communities in the world, but we still need to be doing what we can to protect it and support it and help it grow further. It’s because we touch so many early-stage companies and, obviously, we have a lot of communication with early-stage investors and as you go up the chain, mid-late stage as well, a lot of it is also just trying to make sure that people are being connected the way that they need to be.

“I spend a lot of time just trying to put people in touch with each other, including a lot of people that are not my clients — I don’t do any work for them. They’re just people that I know in the community and we’ve become friends and I’m trying to make sure that what they’re trying to do is growing at the same rate.”

On early-stage problems:

“We’ve had acquisitions in the ten figures in recent years where people were coming out of the woodwork at the very last minute saying, ‘Hey, I own a piece of this company.’ And it was just something that founders never really thought to raise and then of course you’re dealing with the huge issue at the most critical point in the company’s history. So, things like that will happen.

“A lot of that is just trying to get that out of founders that you start working with, the stuff that you see in your experience can come back to really bite people, you just ask them day one, right away. ‘Hey, are there skeletons in the closet? Because if there are…’ ”

Below, you’ll find the rest of the founder reviews, the full interview and more details like their pricing and fee structures.

This article is part of our ongoing series covering the early-stage startup lawyers who founders love to work with, based on this survey (which we’re keeping open for more recommendations) and our own research. If you’re a founder trying to navigate the early-stage legal landmines, be sure to check out our growing set of in-depth articles, like this checklist of what you need to get done on the corporate side in your first years as a company.


The Interview

Eric Eldon: How did you get involved with tech companies and startups?

Andrew Erskine: I was a summer associate over here in LA and a bunch of outside groups would come talk about what they do. There was like one guy in the city working with startups and he came in and explained what he did and that was it. I heard him and I was like, ‘That’s what I want to do. Period.’ Just the way that he described what he was doing, the level of contact that he had with the people that are making decisions at these companies, the actual founders and lead investors, and the ability to not just be providing purely legal advice, but really trying to help these companies grow and build a vessel around them, giving them business advice, personal advice, whatever it is. It just sounded so much more fascinating than the idea of being one out of 100 on a deal and I just decided that I had to do it and it turned out really exactly how I hoped it would.

Eric Eldon: Can you just tell me more about how you see a lawyer playing a role in developing a tech startup ecosystem? 


Source: TechCrunch

Get the Surface Pro 6, with the keyboard included, for $800 at Amazon

Looking to save on the Surface Pro 6? You’re in luck. Amazon is currently running a deal where you can get one with the keyboard included for just $800 instead of the usual price of $1,060.

The post Get the Surface Pro 6, with the keyboard included, for $800 at Amazon appeared first on Digital Trends.


Source: Digital trends

What Is an Atmospheric River?

The so-called Pineapple Express is dumping rain down all over California, for one thing. An explanation in the form of a song. (With apologies to Talking Heads.)
Source: Wired

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