It’s open season for poaching talent in Silicon Valley – TechCrunch

Recent California court rulings have invalidated common employee non-solicit provisions Nick Saenz & John Frost 16 hours Nick Saenz & John Frost Contributor Several recent court decisions have changed the landscape of California’s competition law, concluding that employee non-solicitation provisions are per se invalid. These cases have major implications both for mature companies relying on…

Uber prices IPO at $44-50, to raise $7.9-9B, PayPal takes $500M stake in strategic partnership – TechCrunch

Uber, the transportation-on-demand behemoth, today filed its much-anticipated updated S-1 today where it announced that it would be pricing its initial public offering at $44-50 per share. Selling 180M common shares, Uber plans to raise between $7.9 billion and $9 billion ahead of its public debut on the NYSE, valuing it at $84 billion — squarely…

U.S. slams Alibaba and its challenger Pinduoduo for selling fakes – TechCrunch

China’s biggest ecommerce company Alibaba was again on the U.S. Trade Representative’s blacklist over suspected counterfeits sold on its popular Taobao marketplace that connects small merchants to consumers. Nestling with Alibaba on the U.S.’s annual “notorious” list that reviews trading partners’ intellectual property practice is its fast-rising competitor Pinduoduo . Just this week, Pinduoduo founder…

A new cryptocurrency mining malware uses leaked NSA exploits to spread across enterprise networks – TechCrunch

Two years after highly classified exploits built by the National Security Agency were stolen and published, hackers are still using the tools for nefarious reasons. Security researchers at Symantec say they’ve seen a recent spike in a new malware, dubbed Beapy, which uses the leaked hacking tools to spread like wildfire across corporate networks to…