Archive for May 2017
Bipartisan Bill Introduced in Senate that Seeks to Prevent Attacks on American Cyber-Networks
Democratic Senator Brain Schatz of Hawaii and Republican Senator Ron Johnson of Wisconsin have introduced the “Protecting Our Ability to Counter Hacking Act of 2017,” also known as the “PATCH Act of 2017” in the U.S. Senate Homeland Security and Governmental Affairs Committee, following the recent “WannaCry” ransomware attack, with the intention of requiring government…
Read MoreNegotiating the Purchase of SaaS Company Assets: Key Problems to Anticipate in any Deal
In light of the popularity of the SaaS model of doing business, it is not uncommon to come across deals in which one software company is buying a third party company’s SaaS assets. While there are many reasons to be wary of these types of deals, regardless of what side of the transaction you are…
Read MoreInvestigation Reportedly Launched by Department of Justice into Uber’s Use of “Greyball” Software
The Department of Justice has launched an investigation into Uber’s use of the “Greyball” software program, following recent reports about the company’s use of this software to evade local law enforcement officials and regulators in new markets where the service was not yet permitted, according to Reuters. Reuters reports that Uber has received a subpoena…
Read MoreCommon Software Agreement Fee Drafting Problems and How to Fix Them
Updated 6.21.24 When a client sends me a software license agreement or SaaS agreement to review or update, I always make a priority of reviewing any terms in the contract involving fees and then carefully reviewing the website and any marketing materials or fee schedules to confirm that the fee terms in the contract clearly…
Read MoreInvitation to Join VCTaskforce at StartUpWorld 2017
My firm is very involved with VC Taskforce, and our big spring event is coming up this Thursday: StartUp World 2017. The event is being held this year at Pillsbury in Palo Alto, and we are pleased to have more than 25 investors participating, including but not limited to the following VC and angel firms:…
Read MoreDoes Your Customer Software License or SaaS Agreement Leave Your Software Company Vulnerable to a Legal Dispute Over Implementation?
If your software company is like most software companies these days, you likely set up a software interface and train your customers on how to use the product at the very beginning of the relationship. You probably even charge some sort of fee for these initial services that you provide. And the set-up process may…
Read MoreApple Implements App Store Affiliate Commission and Pricing Changes
If your software business makes available an app in the Apple App Store, then you will want to make note of several business changes that Apple has just recently announced. The first change is that Apple has reduced the App Store affiliate commission from 7% to 2.5%, as was reported by Tech Crunch. An affiliate…
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