Showing posts with label Rules. Show all posts
Showing posts with label Rules. Show all posts

Saturday, 28 March 2015

In Final Verdict, Jury Rules Against Pao On All Four Claims

Thou Shalt Not Google

Updated: After several days of deliberations, a San Francisco Superior Court jury has come to a conclusion in Ellen Pao Vs. Kleiner Perkins Caufield & Byers, the gender discrimination trial that began with a lawsuit filed in May 2012 and culminated this past month in a closely watched five-week-long courtroom trial.
The jury has ruled “no” on all four claims Pao leveled against Kleiner Perkins. This is a unequivocal finding in favor of Kleiner Perkins.
Just as a refresher, since there have been a lot of details bandied about these past few weeks, Pao’s complaint boiled down to four claims. Here they are in question form, along with the jury’s answers on them:
Was Ellen Pao’s gender a substantial motivating reason for Kleiner Perkins’ not promoting her to the levels of senior partner as well as general partner? [This is the gender discrimination element to the case.] Jury answer: NOWere Pao’s conversations in December 2011 and/or her January 4th 2012 memo to John Doerr, in which she complained about the alleged gender discrimination she encountered at the firm, a substantial motivating reason for her not being promoted to senior partner and general partner? [This is the retaliation part of the case.] Jury answer: NoDid Kleiner Perkins fail to take all reasonable steps to prevent gender discrimination against Ellen Pao? Jury answer: An automatic NO, since it could only be answered if jurors answered yes to question 1 — after all, if there were no gender discrimination, the question would be moot.Were Pao’s conversations in December 2011 and/or her January 4th 2012 memo and/or her filing of this lawsuit a substantial motivating reason for Kleiner Perkins’ decision to terminate Pao’s employment in October 2012? [This is also under retaliation.] Jury Answer: NO
You can see the official verdict form as it was filled out by the jury here.
Pao’s legal team was asking for approximately $16 million in lost income, and stood to receive an additional $144 million in punitive damages. Now that Pao has lost, she must pay part of Kleiner’s trial bills, including its expert witness fees.
A false alarm
This final verdict came at approximately 4:30pm Pacific Time, after one major false alarm. The press was initially called to the courthouse for a 2:00pm Pacific Time verdict reading, which was at first also “No” on all four claims. But when the judge individually asked for each of the juror’s rulings verbally, he found that the fourth claim, on whether Pao’s termination from Kleiner Perkins was an act of retaliation for filing the lawsuit, had reached only an 8-4 ruling. Each claim had to reach a consensus from at least 9 jurors.
It seemed at first that this was a simple math mistake. But it turns out that one of the jurors had changed his decision between the deliberations and the verdict reading, without telling the others (there is buzz that several jurors turned their heads in surprise upon hearing a “yes” from one of the male jurors on the fourth claim, though we didn’t see that from our vantage point.) The jury was then escorted out of the courtroom to continue deliberations, and the audience was ordered back into the hallway.
After nearly two hours of additional deliberations, the jury returned to the courtroom with a final verdict of “No” on the fourth claim. The first two claims had a jury consensus of 10 to 2, and the fourth claim was at 9 to 3 (the third claim was not eligible for a vote, since the consensus on claim one was no.)
Statements from Kleiner and Pao
Kleiner Perkins has released the following statement on the verdict:
“Today’s verdict reaffirms that Ellen Pao’s claims have no legal merit. We are grateful to the jury for its careful examination of the facts. There is no question gender diversity in the workplace is an important issue. KPCB remains committed to supporting women in venture capital and technology both inside our firm and within our industry.”
Ellen Pao also held a short press conference in which she read a statement. You can read about that, and see video of her remarks, here.
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Saturday, 21 February 2015

The New Rules Of Going Public

According to a recent report, Twilio wants to go public. Twilio, a company that provides software-based communications tools for developers, closed out 2014 on a $100 million annual run rate. Or, put another way, Twilio brought in just over $8 million in top line last December.

Box, New Relic and Hortonworks each recently proved that the IPO window is open and that investors have an appetite for quickly growing, if yet unprofitable, technology shares. Box, New Relic, Hortonworks and Twilio also share a focus on selling products to other corporations. Assuming that Twilio is not yet profitable, it grew within expectations in 2014, and has not radically decided to change its business, it is an analogous company in the financial sense to the three1.

The three public firms saw their shares pop during their first trading days. In the case of Box, shares jumped so high that there was some griping that the company had left too much

Sunday, 15 February 2015

FAA Proposes Rules To Open The Sky To Some Commercial Drones, But Delivery Drones Remain Grounded

After a number of delays, the U.S. Federal Aviation Administration (FAA) today officially announced its proposed rules for small commercial drones. Most of the proposed rules already leaked earlier this weekend. Overall, the proposed rules are pretty straightforward and more lenient than expected, but while they open up a number of use cases, they are still strict enough to make it impractical to operate the kind of delivery drones Amazon and others have envisioned.
Here are the basics of the rules, which will apply to drones weighing fewer than 55 pounds: pilots will have to pass a knowledge test (but not a practical test) to get a newly developed drone operator license and will have to be vetted by the TSA. They will have to take a recurrent test every 24 months and be at least 17 years old. Pilots will only be allowed to fly during daytime hours and must be able to see the drone at all times (though they can also use a second operator as an observer). Once an operator has this license, it will apply to all small drones.
Thankfully, it turns out that the FAA will not require drone pilots to get a private or commercial pilots license, and operators will not have to pass a medical exam.
As expected, commercial drones will only be allowed to fly under 500 feet and no faster than 100 mph. Drones will have to be registered with the FAA. Flights over people are prohibited and visibility has to be over 3 miles.

Leaked Document Shows FAA Rules For Commercial Drones Will Be Laxer Than Feared

as the agency likes to call them) on Sunday. However, as Forbes first reported earlier this weekend, a document (first discovered by Steve Zeets) leaked out ahead of the announcement that now gives us a pretty good idea of what these rules will look like.
The proposed rules, which apply to drones that weigh less than 55 pounds, will restrict commercial drone operators to flights during daylight hours and to heights under 500 feet. Pilots will have to a visual line of sight with the drone (or work with an observer who does so). They will also have to pass a knowledge test and drones will have registered (for a fee) with the FAA.
The proposed rules, which apply to drones that weigh less than 55 pounds, will restrict commercial drone operators to flights during daylight hours and to heights under 500 feet. Pilots will have to maintain a visual line of sight with the drone (or work with an observer who does so). They will also have to pass a knowledge test and drones will have to be registered (for a fee) with the FAA.
The leaked document analyzes the economic impact of the proposed drones. Written by the FAA’s George Thurston, an economist with the FAA’s Office of Aviation Policy and Plans, the document argues that the positive economic impact of these new rules will be greater than $100 million per year.
There is no acceptable technological substitute for direct human vision in small UAS operations at this time.— FAAFor the most part, the rules will still be strict, but laxer than many feared. While the rules open up a number of worthwhile use cases for commercial rules, though, the one rule that most prospective commercial drone pilots will probably not like is that the FAA will only allow line-of-sight flights.
While the FAA considered rules that would allow for using onboard cameras to see and avoid other planes and obstacles, the agency determined that

 

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