Morgan Stanley — which is underwriting Uber’s IPO — is denying reports that it marketed a short-selling product to Lyft investors – TechCrunch

It’s getting bare-knuckled out there again in the ride-hailing wars. According to a report earlier today from The Information, newly public Lyft threatened Morgan Stanley with legal action earlier this week, demanding in a letter that the powerful investment bank stop marketing a short-selling product that it believed was disrupting trading in its stock. It…

VSCO sues PicsArt over photo filters that were allegedly reverse-engineered – TechCrunch

Photo editing app-maker VSCO has filed a lawsuit against competitor PicsArt. The suit focuses on 19 PicsArt filters that were supposedly “reverse engineered from VSCO’s filters,” with VSCO alleging it’s become a legal issue involving false advertising and violations of the app’s terms of service. “VSCO has invested significant time and resources in developing its presets…