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Illumina Acquires GRAIL For $8 Billion

socalTECH

San Diego-based life sciences equipment maker Illumina announced this morning that it has acquired Menlo Park-based GRAIL , a developer of cancer early detection technology. GRAIL is developing a multi-cancer screening test. According to Illumina, it will acquire GRAIL for cash and stock worth $8 billion. billion in cash and $4.5

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TutorMe Acquired By Zovio

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Los Angeles-based TutorMe , a provider of online tutoring services, has been acquired by San Diego-based Zovio , the companies announced this morning. Financial terms of the acquisition were not announced. Zovio said the deal will expand the scope of the services it offers to higher education partners. READ MORE>>.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

I started with a list of companies already screened by the San Diego Venture Group’s annual venture summit, and consulted with investors and startup mentors to refine the list. Tim Rueth, a UC San Diego entrepreneur in residence and member of the EvoNexus selection committee, also screened the list, and offered his perspective.

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REX: Skipping The MLS When You Sell Your Home, with Jack Ryan

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Using big data, artificial intelligence, and machine learning, REX takes care of everything both buyers and sellers need, while removing traditional agent commissions of 5-6%. We started offering this in Los Angeles, and have since expanded to Orange County and San Diego. So you're not a marketplace?

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The Five Major Tech Trends of 2016

Xconomy

“Cognitive computing,” artificial intelligence, machine learning, and advanced data analytics are evolving companies’ understanding of their customers in game-changing ways. Through screen mirroring, users have greater flexibility over how they view – and share – content.

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A.I. Prizes, Coming to Healthcare, Hit $1M Mark in Cancer Contests

Xconomy

This story is part of an Xconomy series on artificial intelligence in healthcare. Some of the other stories cover a genomics hackathon , A.I. and radiology , and the impact on doctors and patients.

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Best Buy Acquires GTCR’s GreatCall for $800M, Eyeing Aging Boomers

Xconomy

Best Buy is paying $800 million in cash for GreatCall, a San Diego-based healthtech company which private equity firm GTCR bought early last year. The company also sells gadgets, such as mobile devices with large screens and big buttons, wearables that can work with those devices, and emergency alert products.