Philly EnterpriseTech Roundup 12/8: DuckDuckGo v Google; Lyft / Uber IPO filings (in confidence)
Tom Paine
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DuckDuckGo performed a study that it says shows that Google hasn't kept its promise to stop bubble-wrapping users , in other words giving users search results biased to an individual's personal preferences. This drew a response from Google via Danny Sullivan .
Yesterday afternoon, the news came out that Lyft had filed confidentially for an IPO. Later that night, it was disclosed that Uber had also filed confidentially .
IBM sells a software portfolio, including Notes and Domino , to an Indian company, HCL, for $1.8 billion. Notes was not created by IBM, but by Lotus Development Corp, Mitch Kapor's company that began with Lotus 1-2-3, which was eviscerated by Microsoft Excel in the spreadsheet market. Notes was perhaps the first true collaboration software. Lotus was later acquired by IBM in 1995.
Cambridge-based Moderna Therapeutics watched its share price slip within hours of pulling off the biggest initial public offering in biotech history, falling 19% from the IPO price by the end of Friday. The IPO raised about $600 million.
It seems that either Google, Amazon or Microsoft touch every subject I write about now.