A group of investors led by Softbank have put in a bid to buy $6B worth of Uber stock -- at a valuation of $48B, 30% lower than the company's valuation at its last finance round, which was followed by string of ghastly scandals including the removal of its founder, Travis Kalanick, from the CEO's office. The company has 20 days to respond. Read the rest
As Trump FCC Chairman Ajit Pai tries to kill Net Neutrality under cover of Thanksgiving, Cloudflare CEO Matthew Prince has tweeted that he is looking into ways that he can legally take up Josh Constantine's challenge to give Pai "14.4k dial-up speeds for killing net neutrality." (Image: Evan-Amos, CC-BY-SA) (via /.) Read the rest
800 years ago today, on Nov 6, 1217, the Charter of the Forest was sealed by King Henry III, making it "the first environmental charter forced on any government" in which were asserted "the rights of the property-less, of the commoners, and of the commons." Read the rest
Google is suing Uber, alleging that the company recruited a former Google exec who had secretly offered to give them access to trade-secrets from Google's self-driving car project. Read the rest
"What is the precise moment, in the life of a country, when tyranny takes hold? It rarely happens in an instant; it arrives like twilight, and, at first, the eyes adjust."
The New Yorker's Evan Osnos, with one of the best essay openings of the year, examines the posthumous memoir of Xu Hongci, a Chinese revolutionary and true believer of Mao Zedong, later imprisoned.
Rightscorp, the copyright trolls whose business-model was convincing ISPs to freeze their customers' Internet access in response to unsubstantiated copyright accusations, and then ransom those connections back for $20 each, will be out of money by the end of this quarter. Read the rest