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Startup News Digest 11/04/22

Startup News Digest 11/04/22

The Big Story: Affirmative Action cases will impact innovation ecosystem. This week, the U.S. Supreme Court heard two cases that could upend race-conscious admissions policies used by many universities and alter the pipeline for STEM talent in the innovation ecosystem. Eliminating the ability to consider race in college admissions would have an outsized impact on on-campus diversity, the racial and ethnic diversity of many employers hiring college-educated talent throughout the country, and the makeup of the startup ecosystem and the breadth of innovation it produces.

Startup News Digest 10/28/22

Startup News Digest 10/28/22

The Big Story: Engine releases report on the role of acquisitions in the startup ecosystem. Engine, in partnership with Startup Genome, released a new report this week examining the role exits play in the startup ecosystem, highlighting the importance of exits via acquisition, and emphasizing the experience of founders that have had their companies acquired. The report—“Exits, Investment, and the Startup Experience: the role of acquisitions in the startup ecosystem”—should equip policymakers with a solid foundation from which they can advance pro-innovative policies that startups need to thrive.

Startup News Digest 10/21/22

Startup News Digest 10/21/22

The Big Story: Judge strikes down Maryland tax on digital advertising. A Maryland judge struck down the U.S.’ first tax on digital advertising, which faced vocal challenges including from technology companies and would have resulted in taxed companies passing down its cost to customers, including startups. In a ruling on Monday, the court found the tax, implemented by Maryland lawmakers to raise revenue, unconstitutional and a violation of the Internet Tax Freedom Act.

Startup News Digest 10/14/22

Startup News Digest 10/14/22

The Big Story: Proposed independent contractor rule could make hiring harder for startups. This week the Department of Labor (DoL) issued a proposed rule that is likely to impact how early-stage startups build their teams. The DoL’s proposed rule on worker classification would limit who can be considered an independent contractor and comes shortly after the Federal Trade Commission (FTC) announced similar enforcement priorities for the gig economy. As we shared in a recent blog post, the rule could limit startup flexibility in their hiring decisions, which could particularly impact growing companies with lean budgets.

Statement on the 5th Circuit Court of Appeals DACA Ruling

Statement on the 5th Circuit Court of Appeals DACA Ruling

The following statement is attributed to Kate Tummarello, Executive Director of Engine, on the U.S. Court of Appeals for the 5th Circuit ruling in State of Texas v. United States of America.

Statement

“Yesterday’s decision by the U.S. Court of Appeals for the 5th Circuit ruling DACA illegal is a crushing disappointment for the thousands of DACA recipients living and working in the U.S., who provide meaningful contributions to our country, including our startup ecosystem. While existing DACA recipients currently retain their protections, it is clear Congress must act urgently to secure and extend protections for all Dreamers and send the message that they are valued, eliminating the constant threat of deportation.”

Startup News Digest 09/30/22

Startup News Digest 09/30/22

The Big Story: Network access fee debates heat up worldwide. This week, European telecom companies redoubled their push to make large Internet companies pay based on the traffic they generate, a policy that would undermine net neutrality principles and negatively impact the broader Internet ecosystem. The push comes after months of agitating by Internet service providers (ISPs) for the payments, called network access fees, and amid a growing number of jurisdictions that have taken steps toward such policies, including South Korea.

Startup News Digest 01/28/22

Startup News Digest 01/28/22

The Big Story: America COMPETES is a mixed bag for startups. The new sweeping House package aimed at boosting American competitiveness and innovation has several provisions that would dramatically improve the startup ecosystem, but the bill also includes an unrelated bill that would harm e-commerce startups.

Startup News Digest 01/21/22

Startup News Digest 01/21/22

The Big Story: 10 years later, SOPA has lessons for startup policy. This week, we’re reflecting on copyright policy’s past as well as the impact it will continue to have on innovation, and what that all means for high-tech, high-growth startups and the Internet users and creators that depend on them. Engine, alongside many organizations, remembered and commemorated the 10 year anniversary of the defeat of the Stop Online Piracy Act (SOPA) with conversations of what balanced, innovation-friendly copyright policy looks like for startups and small businesses.

Startup News Digest 01/14/22

Startup News Digest 01/14/22

The Big Story: Startups watch as Senate considers tech, telecom nominees. This week, the Senate continued to weigh Biden's key picks for a variety of tech leadership roles—including nominees that could support startup formation and help to create a broader innovative environment.

Startup News Digest 01/07/22

Startup News Digest 01/07/22

The Big Story: Changes to copyright rules would hurt news, commentary startups, and free expression. As a few countries adopt or consider laws that would require websites to pay whenever they—or their users—link to or quote a news article, the U.S. Copyright Office is studying what those sorts of laws would mean here. In comments this week, Engine emphasized the substantial unintended consequences of such policies, which would not just alter how information is shared and communicated online, but cause problems for startups and innovation.

Startup News Digest 12/17/21

Startup News Digest 12/17/21

Startup Policy: 2021 Year in Review. The past year saw a new administration, a new Congress, and several policy conversations at the federal and state levels that could dramatically shift the landscape for the startup ecosystem in the U.S. both here at home, and abroad.

Startup News Digest 12/10/21

Startup News Digest 12/10/21

The Big Story: Congress talks online content, but startups are sidelined. As Congress continues the drumbeat of complaints about user-generated content on the Internet, the conversation misses the realities of content moderation and the role content moderation plays for startups.

Startup News Digest 12/3/21

Startup News Digest 12/3/21

The Big Story: Startups watch as Congress considers tech nominees. This week, Senate committees weighed in on several individuals President Joe Biden nominated to key tech leadership roles, shedding some light on the direction the nominees might take to support startup innovators. In a series of hearings, Senators considered acting Federal Communications Commission (FCC) Chair Jessica Rosenworcel and FCC nominee Gigi Sohn, as well as Alan Davidson, who was nominated to lead the National Telecommunications and Information Administration (NTIA), Federal Trade Commission nominee Alvaro Bedoya, and Kathi Vidal, who was nominated to lead the Patent and Trademark Office.

Startup News Digest 11/19/21

Startup News Digest 11/19/21

The Big Story: Making the startup ecosystem more equitable. Startup founders with innovative ideas should have the chance to succeed, no matter where they’re located or what they look like. But too often, underrepresented founders—including women and founders of color—are denied the opportunity to get investments, launch, and grow. This week, Engine released an assessment of barriers that underrepresented founders face as well as policy proposals to alleviate those barriers.

Startup News Digest 11/5/21

Startup News Digest 11/5/21

The Big Story: Immigration in play in reconciliation bill, but path unclear. As the House eyes a path forward on the reconciliation bill, newly-added language would create temporary protections for millions of undocumented immigrants, which could make it easier for foreign-born innovators, founders, and STEM talent to stay and work in the U.S.

Startup News Digest 10/29/21

Startup News Digest 10/29/21

The Big Story: Biden puts up key tech, telecom nominees. This week, President Biden announced several long-awaited nominations that, if confirmed, will serve key roles in setting technology and telecom policies that impact the startup ecosystem.

Startup News Digest 10/22/21

Startup News Digest 10/22/21

The Big Story: Policymakers turn attention to patent policy. Over the past weeks, there have been several indications policymakers across D.C. are thinking about the various roles patents play in innovation policy—both recognizing their potential to support innovators but also seeking to understand how low-quality patents hurt startups and small businesses.

Startup News Digest 10/15/21

Startup News Digest 10/15/21

The Big Story: New tax deal could impact global startup ecosystem. Officials from around the world are moving forward with a new tax deal that would shift current tax laws and stands to impact both large companies and startups. G20 Finance Ministers this Wednesday endorsed the agreement that 136 countries agreed on last week, which would tax businesses based on where their goods and services are consumed—a shift from taxation based on physical presence. The deal would also set a new global minimum tax of 15 percent.

Startup News Digest 10/08/21

Startup News Digest 10/08/21

The Big Story: Congress hears about startups’ need for clear data rules. Lawmakers have turned back to discussions of a federal privacy framework, including at a hearing this week on data security, which featured testimony from Engine focused on how startups need clarity and certainty around data security practices.

Startup News Digest 10/01/21

Startup News Digest 10/01/21

The Big Story: SHOP SAFE bill advances despite potential to harm e-commerce startups and small businesses. In a first vote this week, the House Judiciary Committee advanced the SHOP SAFE Act, a bill that would create substantial costs and risks for e-commerce startups—making it harder for them to compete—and erect new barriers for entrepreneurs and small businesses who want to sell goods online.