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NEWS FEED
The Fight Against Stupid Patents
Over the past five years, those of us who support patent reform have had some important victories that are slowly helping to fix some of the worst problems with our broken system. Those important gains are under attack right now.
Four Years of the JOBS Act: Examining Its Impact and Looking Forward
April 5, 2016 marked the four year anniversary of the enactment of the Jumpstart Our Business Startups (JOBS) Act. While the statute is still relatively young, we have already begun to see the positive impacts that its provisions have had on startups’ ability to raise capital. It has made going public easier and created new pathways for startups to raise money through Regulation A+ and general solicitation under Regulation D. And with regulation crowdfunding set to finally go live in May, we are hopeful that a vibrant non-accredited investor crowdfunding market will emerge in the near future.
The Tech Community Is Mobilizing Against the Burr-Feinstein Encryption Bill
It is hard to overstate how incredibly dangerous and foolish the Burr-Feinstein “Compliance with Court Orders Act of 2016” draft legislation is and even harder to believe it was coauthored by California’s senior senator, Dianne Feinstein, D-Calif., and Sen. Richard Burr, R-N.C.
Engine Joins Letter Opposing House Rate Regulation Bill
In the year since the Federal Communications Commission (FCC) approved its historic Open Internet Order, net neutrality has faced countless attacks in both the courts and Congress. Once again, the Order and the FCC’s broader authority have come under fire. H.R. 2666, the “No Rate Regulation of Broadband Internet Access Act,” threatens the FCC’s ability to fulfill its congressionally-mandated responsibilities and represents yet another attempt by anti-net neutrality lawmakers to undermine an open Internet.
Momentum in Miami: Lessons from an Emerging Startup Ecosystem
Across the country and far beyond Silicon Valley, new centers of startup activity are on the rise. Among them, Miami, Florida is one of the more exciting and dynamic cities emerging as a hub for startups. Not only are more entrepreneurs calling Miami home, but a real ecosystem is forming, complete with a new co-working and events space in the heart of Miami’s Wynwood district, investor groups with a renewed commitment to South Florida entrepreneurs, and a slew of meet-ups, conferences, and hackathons attracting students, programmers, entrepreneurs, and investors eager to be part of this transformation.
What's Missing in the Conversation about Immigration Reform
Since the earliest days of this election cycle, the 2016 presidential candidates have been sparring about immigrants and immigration reform. Both Democrats and Republicans agree that the country’s immigration policies are among the most important issues the next administration will need to tackle (and hopefully with the support of Congress). Yet, as enormous and all-encompassing as our country’s immigration problems are, only a narrow portion of them have been discussed by the candidates.
The SEC could change the requirements for investing in startups, and that’s not good
As strange as it may seem, only a small percentage of Americans can legally invest in most startups today. Under long-standing rules governing who qualifies as a so-called “accredited investor,” only quite wealthy individuals (those make at least $200,000 in annual income or have $1 million in assets, excluding their home) can buy shares in a fast-growing, privately held company.
The VENUE Act: It's Time to Get Patent Trolls out of East Texas
This week, Senators Flake, Gardner, and Lee introduced a piece of legislation targeting one of the most egregious—and, frankly, ridiculous—problems with our current patent system. Specifically, the Venue Equity and Non-Uniformity Elimination (VENUE) Act would get patent cases out of the Eastern District of Texas, where patent trolls most commonly file their specious lawsuits. Together with the comprehensive reform legislation found in the PATENT Act, this bill would help put an end to a dangerous patent troll problem that continues to prey on this country’s startups and innovators.
We Graded the 2016 Candidates on Tech and Startups: Here's How They Ranked
It’s safe to say that 2016 election cycle has been like no other and, frankly, disturbing for a number of reasons. We are particularly concerned that the high drama has distracted from the important work of a campaign season—the public debate over the important issues of our time. Nowhere has this debate been more absent than in the tech and startup community, which is ironic, given the importance of tech and startups to our economy.
We Need More Spectrum
As the world becomes increasingly mobile, it is essential that U.S. policymakers devise a strategy to meet the growing demand for wireless connectivity. Yesterday, the Senate Commerce Committee passed the MOBILE NOW Act, which aims to free up additional spectrum for commercial use and improve mobile infrastructure. The bill represents a significant step towards transforming our mobile future and encouraging technological innovation. The full Senate should take up and pass the bill at the earliest opportunity.
Google Fiber Launches New Public-Private Partnerships in Huntsville and San Francisco
Google Fiber announced this week that it is adding both San Francisco, CA and Huntsville, AL to the growing list of cities where it provides gigabit service. This is great news for startups and aspiring entrepreneurs in the two cities, who will have improved access to ultra high-speed service (100x faster than most current broadband providers) and increased competition among providers. But this week’s announcements are especially noteworthy because Google Fiber will be deviating from its typical build out approach with these two new expansions.
Diversifying Tech Caucus Hosts First 2016 Briefing on African Americans in Tech
The Diversifying Tech Caucus, the bipartisan, bicameral caucus that Engine helped establish last year, held its first briefing of 2016 earlier this week. The Capitol room was packed with over 70 congressional staffers who heard from a panel of tech workers, leaders, and entrepreneurs about African American participation in the tech workforce. The numbers aren't great, with African Americans making up just 6 percent of STEM workers, a dismal 2 percent of employees at major Silicon Valley firms, and an even smaller percentage of venture-backed startups. Yet, many efforts, from private industry as well as non-profit organizations, are underway to the bolster the participation and leadership of blacks in tech.
