La Famiglia, the Berlin-based “female-led” VC firm that invests in European B2B tech startups at seed-stage, has raised a second fund totalling €50 million, up from its debut fund of €35 million in 2017.
Investors in La Famiglia have ties to numerous industry giants in Europe and beyond. They include the Mittal, Pictet, Oetker, Hymer and Swarovski families, industry leaders Voith and Franke, as well as the owning families behind conglomerates such as Hapag Lloyd, Solvay, Adidas, and Valentino. In addition, the likes of Niklas Zennström (Skype, Atomico), Zoopla's Alex Chesterman and Personio's Hanno [...]
from Catherine Shu
Pinterest's former chief operating officer has filed a lawsuit accusing the company of gender discrimination. Françoise Brougher, who says she was abruptly fired from the company in April, is suing the company to hold it “accountable for discrimination, retaliation, and wrongful termination in violation of the Fair Employment and Housing Act (FEHA), and the Labor Code,” according to a Tuesday filing in San Francisco Superior Court. (The full text of the filing is embedded below.)
Pinterest said in June this year that it had about 400 million monthly active users, most of whom are [...]
from Kirsten Korosec
Rivian has asked a judge to dismiss a lawsuit filed by Tesla, arguing that two of the three claims in the case fail to state sufficient allegations of trade-secret theft and poaching talent and instead was an attempt to malign its reputation and hurt its own recruiting efforts.
One remaining claim of breach of contract against four former Tesla employees was not included in this filing asking for “demurrer” or a dismissal because they do not relate directly to Rivian. It's still possible that lawyers representing those former employees will make [...]
Joe Biden's decision to name California Senator Kamala Harris as his running mate in the quest to unseat President Trump means that the next vice president could be not only the first Black and Asian American woman on a presidential ticket in the U.S — historic milestones by any account — but also a Californian who built a career in the tech industry's front yard.
Born in Oakland, Harris served as San Francisco district attorney and later as the attorney general for California before being elected to the Senate in 2016. And while the newly [...]
A state court has dismissed a high-profile case showing unsportsmanlike conduct by Google, which was caught red-handed using lyrics obviously scraped from Genius. Unfortunately for the latter, the complaints amount to a copyright violation — which wasn't what the plaintiffs alleged, sinking the case.
The lawsuit, filed in December, accused Google of violating Genius's terms of use and unjustly enriching itself by scraping lyrics on the site to be displayed on searches for songs. So, for instance, someone searching for “Your Love is Killing Me lyrics” would be shown the lyrics immediately instead of being [...]
from Susie Neilson, Business Insider
