Category Archives: Ethics,Laws & Policy

How Zenefits Crashed Back Down To Earth

Human resources startup Zenefits developed a software program that new recruits can download and run which would speed up the process of becoming a licensed health insurance broker in California — a mandatory credential for their work selling insurance to small businesses. The Program enabled Zenefits employees to spend less than the legally mandated 52 hours in pre-licensing training.
This institutionalized cheating got caught up when Parker Conrad, the 35-year-old co-founder and CEO, was forced to resign over what the company described as widespread failures of regulatory compliance. Read More>>

Early Stage Investing For Entrepreneurs And Individual Investors Just Got A Whole Lot More Attractive

On December 18, the Congress passed the PATH Act (Protecting Americans from Tax Hikes) which is a part of Congress’ interest in encouraging long-term investing. This bill is a great news for entrepreneurs and other individuals financing startups and companies in the earliest stages of growth, as well as general partners and individual investors in venture capital funds. Read More>>

Why Investors Rank New Businesses By Leader Quality

It is quite foreseen that investors rank new businesses by leader quality. In other words, the entrepreneur quality is more important than the idea.
Research shows that CEO’s  who received high scores for character also achieved higher business results. The study insists that every entrepreneur needs to understand the importance of character and leadership which is the key to their growth and success, as much as the ability to attract investors. Read more>>

Destroying your hard drive is the only way to stop this super-advanced malware

A cyberespionage group with a toolset similar to ones used by U.S. intelligence agencies has infiltrated key institutions in countries including Iran and Russia, utilizing a startlingly advanced form of malware that is impossible to remove once it’s infected your PC. Kaspersky has reported that countries hit the most by Equation include Iran, Russia, Pakistan, Afghanistan, India and China. Targets in those countries included the military, telecommunications, embassies, government, research institutions and Islamic scholars. Read More>>

How U.S. laws protecting America’s best ideas are killing innovation

The growth of Non-Practicing Entities (NPEs) – “patent trolls” – is putting the future of U.S. innovation at risk. A sizable set of NPEs buy up overly broad patents, then target relevant companies (often startups flushed with venture funding), and file frivolous patent infringement lawsuits. Thus Consequently, NPEs are having a serious negative impact on innovation. The article reports that companies hit by NPE lawsuits became gun-shy about innovations, resulting in a 20% decline in R&D spending. Read More>>

FCC Chairman Unveils Plan To Declare Broadband A Utility, Apply Neutrality Rules To Mobile

Federal Communications Commission Chairman Tom Wheeler announced that he will propose to declare broadband service as a utility. These enforceable, bright-line rules will ban paid prioritization, and the blocking and throttling of lawful content and services. Wheeler does not seek to apply provisions relating to rate regulations and says the order won’t impose new taxes or fees. For more details, Read More>>

Broadband Providers Say Consumers Don’t Need Speeds Of 25 Mbps

Internet service providers respond to Federal Communications Commission’s decision to redefine broadband speeds of at least 25 Mbps downstream and 3 Mbps upstream. The trade group argues that the FCC’s definition of broadband should reflect the speeds that people need for “current” and “regular” services. Internet service providers say that regular users can stream Netflix and other services well below 25 Mbps while FCC say that an average household stream at least 3 to 4 devices at a time which would require higher speeds. Read More>>

Verizon Under Fire Over Zombie Cookies

Verizon, along with one of its advertising partners are getting called on the carpet for their privacy practices.
Turn is using Verizon’s UIDH tracking header to tap into deleted tracking cookies and share them with dozens of major Web sites. Last year, people called it the supercookie because it continued to track users even after they cleared their caches or turned on private browsing. Jonathan Mayer, a computer scientist and lawyer at Stanford, has launched a full-blown investigation into these zombie cookies. Read More>>

Wendy’s Drops Soda From Kids’ Menus

Wendy’s has joined its contemporaries in dropping sugary sodas from their children’s meal menus. McDonald’s, Subway, Chipotle Mexican Grill, Arby’s and Panera, among others, have already incorporated the same on their menus. Wendy’s’ move, which is already in effect, was first revealed in a press release sent out by the nonprofit nutrition watchdog Center for Science in the Public Interest. They believe that they are taking a responsible step forward that will improve children’s health and make it easier for parents to make healthy choices for their children. Read More>>