Founders ‘should take vast bulk’ of software spin-out equity

A new framework for software spin-out negotiations has been launched by UK universities and investors to streamline deals. TenU, a group of leading university technology transfer offices, launched the University Spinout Investment Terms (USIT) Guide in 2023 to identify what a positive spin-out and investment deal should look like. Following a review by University of Oxford vice-chancellor Irene Tracey and Andrew Williamson, a managing partner of the University of Cambridge’s in-house venture capital fund, the government recommended it as a starting point for negotiating spin-out deals for life sciences. TenU has now joined with a group of investors and professional… Read More

Microsoft once again under fire over cloud software licensing – Computerworld

Microsoft denies any wrongdoing or market manipulation. “Microsoft provides choice and flexibility for our customers to switch to another cloud provider at no cost, and our licensing terms enable our customers and other cloud providers to run and offer Microsoft software on every cloud,” a Microsoft spokesperson told Computerworld. ”We will engage with the Spanish Start Up Association to learn more about its concerns.” Cumulus The Spanish complaint adds to a growing volume of similar complaints against Microsoft across Europe. Last year CISPE (Cloud Infrastructure Service Providers in Europe), which represents European cloud infrastructure providers, filed a complaint against Microsoft… Read More

Learning from Software Failures | News & Events | Computer Science

Software failures can have devastating consequences. In 2017, an Equifax data breach exposed the personal information of 147 million people. Last December, following a US National Highway Traffic Safety Administration probe into a series of collisions related to Tesla’s autopilot software, the company recalled more than 2 million vehicles. And UK authorities are continuing an ongoing investigation into the Horizon accounting system failure that resulted in the wrongful prosecution of hundreds of UK Post Office employees for false shortfalls. Forty students in the new COMP_SCI 396: Responsible Software Engineering course launched by Northwestern Engineering’s Vincent St-Amour are analyzing these types… Read More

Jeff Grubb: Perfect Dark, Gears 6, and id Software updates

Friend of the site Jeff Grubb has just posted a video to his Game Mess channel with a lot of insider updates, including ones for Perfect Dark, Gears 6, and the potential next id Software game. Perfect Dark Jeff Grubb’s Game Mess channel’s latest video has a number of gaming news items. You can find the video HERE: Perfect Dark is not in development hell. After talking with more people who have knowledge of the game they said that while it may be rough in some areas it looks great in others. Perfect Dark may be at the June showcase… Read More