Posted Sep. 3, 2014 at 9:38 a.m.

Plexus' new manager; Netflix tweaks recommendations; BioCryst defaults; Uber's roadblock

Published: 2014-09-03 09:38:57
Updated: 2014-09-03 09:38:57

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In today's Bulldog wrapup blog of life science and technology news: Plexus Capital has a new leader; Netflix tweaks recommendations; a BioCryst default; and Uber is stopped in Germany:

  • New Manager at Plexus Capital

Michael Painter is the new managing partner at Plexus Capital, an investment fund with offices in Raleigh and Charlotte.

Painter is one of the founders of the firm; he succeeds Bob Anders.

The Charlotte Business Journal has details.{{/a}]

Netflix is giving its Internet video subscribers a more discreet way to recommend movies and TV shows to their Facebook friends after realizing most people don't want to share their viewing habits with large audiences.

Until now, Netflix subscribers linking the service to their Facebook accounts automatically disclosed everything they were watching with a potentially wide-reaching range of people. The company believes the open-ended approach discouraged most Netflix subscribers from connecting their accounts with their Facebook profiles.

The automatic disclosures will end Tuesday as Netflix Inc. embraces a new system that empowers subscribers to select which friends will receive their video recommendations. A menu of friends culled from Facebook will appear after Netflix subscribers finish watching a video if they have turned on the sharing feature.

The move reflects Facebook's evolution into a service where people have allowed passing acquaintances into their networks, along with close friends and family.

Triangle-based BioCryst Pharmaceuticals has defaulted on a loan, based on a securities filing made Tuesday.

{{a href="external_link-13946493"}}The Triangle Business Journal has the details.

  • Uber Stopped in Germany

A court has barred ridesharing service Uber from operating in Germany, the latest shot in the popular app's fight with taxi drivers worldwide.

Frankfurt state court spokesman Arne Hasse said Tuesday the decision that Uber can't offer its services without a specific permit under German transport laws applies nationwide.

The injunction applies pending a full hearing of a suit brought against Uber by Taxi Deutschland, a German cab association that also offers its own taxi-ordering app. The suit is being heard in Frankfurt because it is one of the several German cities in which Uber operates.

San Francisco-based Uber said in a statement it would use "all legal means" to fight the case.

"It's never a good idea to limit people's choices," Uber said. "We believe that innovation and competition is good for everyone — it profits both drivers and passengers."

The ruling comes after Berlin authorities last month barred Uber from operating in the capital because of safety concerns.

Taxi Deutschland's arguments were in line with those of established cab companies that claim Uber's app-based services, which offer limousines and pickups by private drivers, dodge rules that ordinary taxi firms have to abide by.

Taxi Deutschland said Uber allows drivers to skirt safety and insurance regulations that apply to conventional cabs, and for employers to avoid sector benefit and wage agreements and taxes.

"The state, society and workers all lose," the company said in a statement.

 

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