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Archivo del Autor: Belen De Leon

2019 Kia K900 Release Date, Price and Specs – Roadshow

The most luxurious car in Kia’s lineup balances high value with surprisingly upscale appointments.
Source: CNET

Dragalia Lost is Nintendo's newest mobile game – CNET

The RPG will hit your iPhone or Android device this year, as will Nintendo’s previously announced Mario Kart mobile game.
Source: CNET

2018 Ford F-150 Diesel: High torque, high mileage – Roadshow

Ford’s 30-mpg pickup drives, tows and hauls like a proper F-150 should.
Source: CNET

DocuSign raises $629 million after pricing IPO

DocuSign priced its IPO Thursday evening at $29 per share, netting the company $629 million.

It was a better price than the e-signature company had been expecting. The initially proposed price range was $24 to $26 and then that was raised to $26 to $28.

The price gives the company a valuation of $4.4 billion on the eve of its public debut, above the $3 billion the company had raised for its last private round.

The IPO has been a long-time coming. Founded in 2003, DocuSign had raised over $500 million over the course of 15 years.

The company brought in $518.5 million in revenue for its fiscal year ending in 2018. This is up from $381.5 million last year and $250.5 million the year before. Losses for this year were $52.3 million, down from $115.4 million last year and, $122.6 million for 2016.

“We have a history of operating losses and may not achieve or sustain profitability in the future,” the company warned in the requisite “risk factors” section of the prospectus.

The filing reveals that Sigma Partners is the largest shareholder, owning 12.9% of the company. Ignition Partners owns 11.7% and Frazier Technology Ventures owns 7.2%.

DocuSign, competes HelloSign and Adobe Sign, among others, but has managed to sign up many of the largest enterprises. T-Mobile, Salesforce, Morgan Stanley and Bank of America are amongst its clients. It has a tiered business model, with companies paying more for added services.

HelloSign COO Whitney Bouck said that “this space is changing the way business is done at its foundation — we are finally realizing the future of digital business and exactly how much more profitable it can be by removing the friction caused by outdated technology and processes.” But she said that DocuSign should be wary of competitive “more nimble vendors that can provide more innovative, faster, and more user-friendly solutions at a cheaper price.”

DocuSign has gone through several management changes over the years.  Dan Springer took over as CEO in early 2017, after running Responsys, which went public and then was later bought by Oracle for $1.5 billion. Chairman Keith Krach had been running the company since 2011. He was previously CEO of Ariba, which was acquired by SAP for $4.3 billion.


Source: TechCrunch

Women alleging sexual assault by Uber drivers ask to be freed from forced arbitration

A group of women alleging sexual violence from Uber drivers have sent an open letter to the company’s board, asking to be released from the mandatory arbitration clause in the Uber app’s terms of service. The letter was posted on the website of Wigdor LLP, a New York law firm that filed a class action lawsuit against Uber last year on behalf of women who said they were assaulted or raped by Uber drivers and blame the company’s background check procedures.

“Uber’s message to the public are: ‘we help improve access to transportation, and make streets safer’ [and] ‘We do the right thing, period,’” read part of the letter, which was signed by fourteen women. “Secret arbitration is the opposite of transparency. Forcing female riders, as a condition of using Uber’s app, to pursue claims of sexual assault and rape in secret arbitration proceedings does not ‘make streets safer.’ Silencing our stories deprives customers and potential investors from the knowledge that our horrific experiences are part of a widespread problem at Uber.”

They added “when we created Uber accounts, we believed Uber’s promise to provide a ‘safe ride.’ We trusted a company operating in the space of transportation for hire to mean what it says, and we never thought that Uber would perpetuate physical violence against women. But this is exactly what Uber is doing and what is has been doing for years.”

Once a relatively obscure legal issue, mandatory arbitration agreements are now under scrutiny by activists who say they force victims of harassment and discrimination into silence. Opponents of mandatory arbitration say that the closed hearings, which include non-disclosure clauses and are often performed by a third-party arbitrator paid by the company itself, prevent victims from taking further action even as social movements like #MeToo continue to gain ground.

Many companies require employees to sign mandatory arbitration agreements as a condition of employment. According to the Economic Policy Institute, the number of non-union, private sector employees covered by mandatory arbitration clauses has increased dramatically since the early 2000s.

Wigdor LLP noted that some companies, like Microsoft, are ending forced arbitration clauses, especially for sexual harassment, while a bipartisan bill has been introduced in the United States Congress that would end forced arbitration of sexual harassment cases in workplaces, and called on Uber to follow suit.

In an exchange last month with former Uber engineer Susan Fowler on Twitter, Dara Khosrowshahi, who succeeded Travis Kalanick as Uber’s chief executive officer last August, signaled that he is willing to consider ending forced arbitration. “I will take it seriously, but we have to take all of our constituents into consideration,” he wrote.

Fowler, whose blog post detailing sexual harassment at the company led to an internal investigation and contributed to the resignation of Kalanick, is now backing a new bill in California that would forbid companies from forcing employees to enter mandatory arbitration agreements in response to sexual harassment and other workplace discrimination complaints.

TechCrunch has contacted Uber for comment.


Source: TechCrunch

2018 Ford F-150 diesel: More torque, better efficiency video – Roadshow

We head to Colorado to haul some horses with Ford’s latest engine offering.
Source: CNET

Star Trek beams up its first ever female director for next film – CNET

S.J. Clarkson makes sci-fi history as the first woman to direct Spock and his fellow Enterprise shipmates in “Star Trek 4.”
Source: CNET

Square to buy website-building company Weebly for $365M – CNET

The deal is expected to accelerate Square’s international expansion.
Source: CNET

Sprint, T-Mobile reportedly may wrap up deal talks by next week – CNET

The wireless carriers are talking about how they would exercise voting control over the combined company, Reuters reports.
Source: CNET

Disney’s pneumatic ‘Force Jacket’ could be the key to awesome VR theme parks

As we navigate further and further into this strange Ready Player One-like future that plenty of tech companies are investing heavily, Disney wants to ensure that people can feel content in the most life-like way possible.

Disney Research has shown off some research into the world of haptic feedback via a vest with “pneumatically-actuated airbags.”

The “Force Jacket” is powered by a jacket filled with 26 air packets attached via tubes to a machine that inflates and deflate them with precision at the appropriate time. Teamed with a virtual reality experience, the jacket can deliver experiences that make you feel like a virtual object is pushing up against you. In the case of Disney’s early tests, that could mean feeling like you’re getting hit by a snowball.

While a lot of people have played around with body suits and vests sporting haptic feedback, there’s no replacement to actually feeling real pressure rather than a weird little jiggle. This definitely seems like a good direction for Disney to be looking in as it explores the role that virtual reality experiences could have in their amusement parks. The company has launched a Star Wars themed experience from The VOID at its Disney resorts and it’s clear that there’s an endless amount of potential from virtual reality combined with physical interactions.

Is it something that will eventually be in people’s homes? Only if you subscribe to a particularly dismal view of the future, but! this does seem to have some real applications for location-based VR experiences in the future, though they’ll have to shrink stuff down a bit first.


Source: TechCrunch

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