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Turo scraps plans for an IPO

Turo on Thursday withdrew its plans for an IPO, ending a three-year wait to bring the online car-sharing network to the public marketplace, according to a regulatory filing. Turo, which was founded in 2010, allows private car owners to rent…

IP Stakeholders Cheer Withdrawal of EU SEP Proposal

“Taking licensing decisions away from the industry participants that understand new technologies best, and concentrating them in the ill-equipped EU Intellectual Property Office, would have slowed the pace of European innovation.”  – Frank Cullen, C4IP statement The European Commission yesterday…