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Current Affairs

Liability Rules And Ethical Standards For Artificial Intelligence

By | Artificial Intelligence, Current Affairs, Data & Privacy, Intellectual Property

EU told to lead the way on liability rules and ethical standards for Artificial Intelligence  Artificial Intelligence (AI) is constantly evolving and continues to roll into all facets of industry – from neural networks that connect recycling systems to sort recycling better to AI that makes self-driving cars safer or teaches machines to do more with less. As AI becomes more commercialised, it reveals the complexities around allocating risk and liability for the autonomous actions of AI. Existing EU laws governing liability are largely stable where human input is prevalent in the machine-decision making process. Consider a human instructing Siri…

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How To Commercialise Life Sciences: Focus On The Basics

By | Biotech, Current Affairs, Guest Posts, Knowledge, Life Sciences

Life sciences research can translate into solutions, products and companies that provide significant benefit to both society and the economy. Today’s dynamic ecosystem presents tremendous opportunities for life sciences innovators given technological advances and rapidly changing market realities. Although the environment for commercialisation has changed dramatically over the last few decades, the basic principles of making it a success remain the same. A commercialisation plan enables innovators to set out and communicate their strategy to others. It should offer a clear and concise overview of the technology’s market potential and the planned route to commercialisation. It should also illustrate how…

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Fake News And Its Impact On Tech Companies

By | Current Affairs, Data & Privacy, Fake News, Knowledge, Safe Harbours

Recently, there have been rising concerns that the public is being deceived by the unprecedented dissemination of fake news on the internet and on social media, in particular. The term fake news is a fluid concept but is generally understood to refer to fictitious reports designed to deliberately deceive readers in order to maximise internet traffic and profit. The term gained particular traction during the 2016 US presidential election following claims of harm to democratic process. Some people are taking the fight against fake news on themselves. The Fake News Challenge is a global grassroots effort of more than 100…

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MyBuilder Acquired by HomeAdivsor

By | Client news, Current Affairs, Entrepreneurs, Investor and VC News, M&A, Startups

We ended March on a high note with some great M&A news for our client MyBuilder. The UK company was recently acquired by HomeAdvisor, an IAC company (NASDAQ: IAC) considered one of the largest home marketplaces in the world. JAG Shaw Baker represented the interests of MyBuilder and its investors, including the founder. This deal is a great example of JAG Shaw Baker’s expertise in creating the right balance between the interests of the selling parties to generate a sensible sell-side proposition to then deliver the sale to the buyer. The firm is proud to have been a part of this deal which was effectively done in a sharp two week period. According…

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What You Need To Know About The Gig Economy And Your Business

By | Current Affairs, Knowledge

The gig economy is a hot topic at the moment. It refers to the working environment in which companies recruit individuals to work for them on a self-employed basis. Instead of being paid a salary, individuals are paid for the ‘gigs’ they do. Think Deliveroo and Uber. The Guardian reported that the UK’s gig economy has grown by 70% since 2010. It’s a popular model believed to account for at least 15% of the UK workforce and it’s expected to continue to grow as technology develops and demands change. Why Gig? Flexibility. Individuals set the hours they work and can move…

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What You Need To Know About The New EPrivacy Laws

By | Current Affairs, Knowledge

  The European Commission has released a new set of proposals to replace the ePrivacy Directive (Directive 2002/58/EC). The proposals seek to update the directive which deals with privacy protection and users of electronic communication services. The proposals are aimed at increasing trust in the digital single market and aligning ePrivacy laws with the more stringent rules under the General Data Protection Regulation (GDPR) going into effect May 2018.   The Directive is designed to harmonise the privacy regime so all individuals and businesses in the EU are subject to a unanimous high level of protection. What to expect  There are…

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And The Winner Is ….

By | Current Affairs, Entrepreneurs, Events, Investor and VC News, People

JAG Shaw Baker has been working with UCL Entrepreneurs’ Society to provide a commercial and legal sounding board to student-driven start-ups and to mentor budding entrepreneurs as they explore potential business ideas. As part of that, UCL created the Moonshot Launchpad progamme in 2016, a 12-week pre-accelerator program for engineering, science and tech start-ups. Sharmela Thevarajaha and Imran Bhatia, Associates at JAG Shaw Baker, were on the judging panel of the current Moonshot Launchpad. The nine finalists in the innovation program were primarily focused on the healthcare, fintech and energy sectors. Each company pitched their business ideas and faced tough questions from the judging panel. In…

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Three Things You Need To Know Before Raising US Venture Capital

By | Current Affairs, Entrepreneurs, Knowledge, Raising in the US

The US has always been a hotbed of venture capital investment. In 2015, the National Venture Capital Association reported $58.8 billion was invested in the US, with VCs investing 5.4 times more money in the US than in Europe.  According to Tech.eu’s recent funding report, European technology startups raised around €16.2 billion in 2016. Despite the fact that those numbers don’t touch the US investment numbers, we still see increased interest in UK and European start-ups from US investors. The deep pockets of Silicon Valley VCs have filled the dreams of entrepreneurs around the world, but diving into a US funding round without…

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Upscale Class of 2017

By | Client news, Current Affairs, Entrepreneurs, Investor and VC News, investors, Startups

We’re happy to round out this week with a big congratulations to the start-ups that are part of Tech City UK’s Upscale Class of 2017. Upscale is a program for the most promising early stage start-ups to begin their journey to success. Each of the 33 companies are mentored by some of the UK’s most successful tech entrepreneurs including Riccardo Zacconi (KING.com/Candy Crush founder); Martha Lane Fox and Brent Hoberman (Lastminute.com founders); Lesley Eccles, (FanDuel founder); and David Buttress (Just Eat founder). The start-ups in Upscale are from a wide variety of tech sectors. The companies also reflect the UK’s strength in particular markets,…

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Through The Looking Glass At Unbound 2016

By | Current Affairs, Entrepreneurs, Events, Partner Insight

JAG Shaw Baker was invited to attend Unbound London in last month. The two-day innovation event in December took a stratospheric leap into a hyper-connected future where change will occur in the blink of an eye and be driven more by society. The event kicked off in royal style with the Duke of York, Prince Andrew introducing Pitch@Palace – an initiative created by his charitable trust to guide, help and connect entrepreneurs with influencers, angels, mentors and business partners. Insightful talks and panel discussions followed, touching on topics such as augmented reality, chatbots and even digital love and relationships. Each talk…

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