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Domain Registry Company XYZ Gets Permission to Sell Domains in China

L.A. Business Journal

Domain registry company XYZ Inc. has been granted permission by the Chinese government to sell its dot-xyz domain suffix in China, potentially opening up a huge market to the Santa Monica startup. XYZ has sold more than 6 million dot-xyz domains globally. The firm has exclusive rights from Internet Corp.

The Xconomy Immuno-Oncology Resource: A Mid-ASH T Cell Update

Xconomy

Xconomy reported last week on the new use of these cells to treat multiple myeloma. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Snapchat will make Los Angeles a stronger tech hub

TechCrunch LA

If you were to write a history of Silicon Valley, you could do it by looking at a series of major diaspora. Read More.

Somabar Snags $1.5M For Robotic Bartender

socalTECH

Los Angeles-based Somabar , which is developing a robotic bartender which automatically mixes cocktails for you, has raised $1.5M in a bridge funding round, according to lead investor the Tech Coast Angels. Somabar currently is in pre-ordering for its Wi-Fi connected, smartphone-enabled appliance designed for home kitchens. READ MORE>>.

Rewind/Unwind: A Digital Video Soiree Hosted by LA Digital Video Group (2016-12-13)

SoCal Tech Calendar

Tuesday, December 13, 2016 -- Rewind/Unwind: A Digital Video Soiree Hosted by LA Digital Video Group. Rewind and unwind at our digital video industry mixer! Our VIP panelists will share their hot takes on the year that was in online video and digital media in general. Join us for lively opinions, refreshments, and games.

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Bio Roundup: CAR-T Ups & Downs, Lilly’s Failure, Myeloma & More

Xconomy

We’ve packed some extra stuffing into the roundup this week to account for some burnt turkey delivered by biopharma in the few days before Thanksgiving—starting with Eli Lilly’s failed gamble in Alzheimer’s disease. Lilly wasn’t alone, however.

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Crowd Invest Summit

SoCal Tech Calendar

Thursday, December 8, 2016 -- Crowd Invest Summit. The first ever Crowd Invest Summit will debut December 7-8, 2016 at the Loews Santa Monica Beach Hotel in Santa Monica, California. See https://www.crowdinvestsummit.com/.

Bam Ventures Launching Incubator for Brian Lee's Ideas

L.A. Business Journal

Bam Venture Partners has started raising a second $30 million fund which it will use, in part, to invest in and incubate startup ideas thought of by Brian Lee, co-founder of the fund and chief executive of the Honest Co. of Playa Vista. The Playa Vista venture firm’s first fund was $6 million

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Silicon Beach Report Dec. 2: Bam Ventures Launches Incubator for Brian Lee’s Ideas

L.A. Business Journal

Bam Ventures launches incubator for Brian Lee’s ideas, Bankrupt Nasty Gal may have a suitor, Annapurna Pictures launches video game division, and more

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ASH Roundup: CAR-T Shuffle, Hemophilia Updates, Checkpoint Progress & More

Xconomy

Two years ago at the American Society of Hematology conference, excitement, not blood, was running in the streets of San Francisco.

Germany’s Software AG Adds Analytic Tools with Zementis Buyout

Xconomy

Software AG, a German software giant with 4,300 employees, has acquired San Diego-based Zementis, a specialist in machine learning and data science. Financial terms of the deal were not disclosed, according to a statement Friday, after the acquisition closed last week. While we were ahead of our time when we started, now it’s become mainstream.”

With Cowboys’ Backing, Blue Star Set to Boost Sports Startups

Xconomy

Dallas —Partners with a deep well of subject matter expertise and capital are on the top of any entrepreneur’s wish list. Now an accelerator tailored to sports technology startups might be giving those founders a connection to the ultimate in sports and marketing royalty: the Dallas Cowboys.

David Sacks Eyes Trump Transition Team

socalTECH

Technology investor and former Southern California tech CEO David Sacks , most recently CEO of Zenefits, is apparently considering a position on the Trump transition team, according to reports over the weekend. It's unclear what role Sacks would have in the new administration; however, he has very close ties to fellow PayPal alumni Peter Thiel.

Silicon Beach Report Dec. 1: SpaceX Aims to Resume Flights on Dec. 16

L.A. Business Journal

SpaceX aims to resume flights on Dec. 16, Breitbart hits back against boycotting advertisers, and 21st Century Fox invests in augmented and virtual reality glasses company

At Late-Night ASH Talk, Juno Execs Look Beyond Stalled “Rocket” Trial

Xconomy

Juno Therapeutics is still mulling next steps for its lead product, an experimental cancer immunotherapy now stuck in limbo because five of 68 adult leukemia patients in its current study, a clinical trial called “Rocket,” have died from severe brain swelling caused by the treatment. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Connect Hands Out 8 Most Innovative New Product Awards

Xconomy

Connect, the San Diego nonprofit supporting local innovation and entrepreneurship, handed out its Most Innovative New Product Awards at a dinner last night in La Jolla—recognizing innovations that range from an inflatable satellite antenna to a mobile app for art museums. There was no William W. Otterson award winner this year.

AeroVironment Selected By General Motors For New Bolt EV Charging

socalTECH

Monrovia, California-based AeroVironment , which develops both unmanned aerial vehicles and electric vehicle charging stations, has scored a win with General Motors. The company said on Tuesday afternoon that its EVSE-RS charging station has been selected as the official home charging station for GM's new 2017 Chevrolet Bolt EV. READ MORE>>.

An Innovation Snapshot of Medellin, Colombia

Xconomy

The plane is surprisingly not full and my fellow passengers, primarily Hispanics, are in a sleepy good mood. It is the only city in Colombia.

Wake Up, Pharma—Trump Is Not Your Savior

Xconomy

Since the election, leaders in biotechnology and pharmaceuticals are acting like they got away with robbery. The Nasdaq Biotechnology Index went up 9 percent overnight on November 8th. The climate in the hospital where I work has been quite different.

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Senate Approves 21st Century Cures Act, Sending Bill to Obama

Xconomy

The U.S. With the Senate’s 94-5 vote on Wednesday, the bill now advances to President Obama, who is expected to sign the bill into law. The U.S.

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Emcore Corp. Shares Rise More Than 30 Percent

L.A. Business Journal

Emcore Corp. shares soared by more than 30 percent on Wednesday to close at $8.45 after posting stronger-than-expected revenue totals for the quarter ended Sept.

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Silicon Beach Report Dec. 7: Emcore Corp. Shares Rise More Than 30 Percent

L.A. Business Journal

Emcore Corp. shares rise more than 30 percent, SpaceX delays Falcon 9 launch until early January, Barstool Sports signs deal with Sirius for daily satellite radio show, and more

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Silicon Beach Report Dec. 5: Snapchat Avoids Fake News with Editorial Team

L.A. Business Journal

Snapchat avoids fake news with editorial team, Atom Tickets adds famous film makers to advisory board, and domain registry company XYZ gets permission to sell domains in China

Gurnet Point Invests $92M in Crossover Health to Fund Growth

Xconomy

Cambridge, MA-based Gurnet Point Capital has invested $92 million in Crossover Health, a six-year-old company that provides membership-based healthcare services to employers that are self-insured. The deal enables Crossover Health senior executives and Gurnet Point to become the company’s principal shareholders. Crossover Health is.

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AxonVR Gets $5.8M For Virtual Reality Haptics

socalTECH

San Luis Obispo- and Seattle-based AxonVR announced today that it has raised $5.8M in a seed funding round, for its development of realistic touch (haptic) technology for use in virtual and augmented reality. The company's founders are CEO Jake Rubin and Lead Engineer Dr. Robert Crockett. READ MORE>>.

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Illumina Names New CFO

socalTECH

San Diego-based DNA sequencing equipment maker Illumina announced this morning that it has named Sam A. Samad as its new Senior Vice President and Chief Financial Officer. Samad was most recently at Cardinal health, where he was most recently Senior Vice President and Corporate Treasurer. He also has served at Eli Lilly and PepsiCo Inc. READ MORE>>.

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The Mobile Majority Buys Qualcomm Spinoff Gimbal

socalTECH

Santa Monica-based The Mobile Majority , the mobile advertising technology developer led by Rob Emrich, says it has acquired Gimbal , the Qualcomm spinout focused on mobile engagement and location intelligence in the retail market. Financial details of the acquisition were not announced. READ MORE>>.

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Joymode's Pop Up Store Launches Today

socalTECH

Los Angeles-based Joymode , the new startup headed by former Klout founder Joe Fernandez, has opened up its first "pop up" store today, at the Sunset Junction. The startup said that the store will be open throughout the month of December, and that anyone who visits the store will be able to purchase a membership and get a free, rental experience.

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How Beatshare Is Tackling Music And Messaging

socalTECH

There are lots of music and messaging apps out there, but is there room for an app which makes music the message? Orange County startup Beatshare --backed by the Tech Coast Angels, Pasadena Angels, Harvard Business School Angels, and Archangels, among others�thinks it's figured out the formula to make music the message in its mobile app. Thanks!

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Pokemon Go To Make Every Sprint Store A PokeStop, Gym

socalTECH

Wireless phone service operator Sprint and Pokemon Go developer Niantic announced this morning in a press conference, that the two have inked a deal where every Sprint store--as well as RadioShack and BOOST stores run by Sprint will become a PokeStop and Gym. Financial details of the deal were not announced. READ MORE>>.

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MomentFeed Adds New Customer Tracking Tools

socalTECH

Santa Monica-based MomentFeed , the developer of mobile customer analytics tools, says that it has launched a new, online-to-offline customer journey tracking tool in the latest version of its platform. The company said that MomentFeed 3.3 The company said its tools are being used by such brands as Jamba Juice, Avis, and Starbucks. READ MORE>>.

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Harman Backs Heads Up Display Maker Navdy

socalTECH

Automotive audio and entertainment systems maker Harman , which has a significant number of its businesses in Southern California, has made a strategic investment in Navdy , a developer of after-market, heads-up and augmented reality devices for the automotive market. Size of the investment was not announced. READ MORE>>.

Napkin Finance Targets Life Events With Financial Advice

socalTECH

Los Angeles-based Napkin Finance , the startup which is distilling a lot of difficult-to-understand, but important, financial topics onto simple, "napkin"-like, one page graphical explanations, has made an expansion to its site to cover life events. READ MORE>>. napkin finance financial literacy tools graphics help marriage fintech education

Ingram Micro Acquired By HNA Group In $6 Billion Deal

socalTECH

Irvine-based Ingram Micro and Chinese company HNA Group said this morning that the $6 billion acquisition of Ingram Micro by HNA Group's subsidiary, Tianjian Tianhai Investment Company, Ltd., has completed. Tianjin paid $38.90 per share in cash for Ingram Micro. The deal had been announced earlier. READ MORE>>.