socalTECH

JULY 27, 2016

Redlands, California-based mapping software developer Esri said today that it is powering a new, mobile app which helps Pokemon Go players find Pokemon hot spots. According to Esri, Pokevision , a third party app developer, used its ArcGIS services to show real time locations of Pokemon hot spots, in real time. Pokevision apparently has been seeing a huge spike in demand for its service, with nearly 20 million unique users in its first five days.

Santa Monica 150

Santa Monica Demand Google Software Development 150

L.A. Business Journal

JULY 27, 2016

Los Angeles-based next generation transportation company Hyperloop One announced that it opened the world’s first Hyperloop manufacturing facility in North Las Vegas today.

Los Angeles 141

Los Angeles Angel Company Companies 141

socalTECH

JULY 27, 2016

San Diego-based Qualcomm Incorporated has agreed to pay $19.5M to settle a gender discrimination suit, filed on behalf of its employees, according to class action law firm Sanford Heisler LLP. According to that firm, Qualcomm agreed to the settlement, which requires the technology firm to institute "comprehensive programmatic relief" to ensure that female employees working in STEM and related positions will enjoy equal job opportunities at the company.

Technical Review 149

Technical Review San Diego Class Technology 149

L.A. Business Journal

JULY 27, 2016

Edmunds.com opens massive new headquarters, Hyperloop opens manufacturing facility in North Las Vegas, Influential raises $5 million, and more.

Report 100

Report 100

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

socalTECH

JULY 27, 2016

San Diego-based prenatal testing provider Sequenom is being acquired by Laboratory Corporation of America (LabCorp), in a deal worth $371M, the companies said this morning. According to LabCorp, it has agreeed to pay $2.40 per share in cash for all of the outstanding shares of publicly held Sequenom, which trades as SQNM. Sequenom provides non-invasive prenatal testing (NIPT) for reproductive health.

San Diego 116

San Diego Company Companies Acquisition 116

Tech.Co

JULY 27, 2016

Finding a job can be hard. But in this economy, finding a job with a hearty paycheck is even harder. Fortunately, study after study has shown that IT professionals and computer science graduates are going home with the biggest paychecks on a regular basis. But while schools continue to churning out these money making machines, companies often complain of a general lack of skill when it comes to their future computer-focused employees.

Software Engineering 80

Software Engineering Study Startup Tool 80

Xconomy

JULY 27, 2016

Last month, I spent a week on Necker Island, where Richard Branson and a bunch of entrepreneurs were discussing how we could help address political upheavals, intolerance, violence, social inequality, and other issues. It’s almost like we’re in a war right now. Nations are split in half. On one side you have citizens who want to see social equality and inclusion for all, and on the other half you see intolerance and racism stemming from fear and frustration.

Social Media 63

Social Media Media Education News 63

socalTECH

JULY 27, 2016

The $2 billion acquisition of Irvine-based Vizio on Monday has most likely resulted in the creation of another, technology billionaire in Southern California--Vizio founder William Wang. According to regulatory documents filed by Vizio last year in preparation for an IPO, Wang owned 54.4 percent of Vizio--or, $1.088 billion. There are also a number of other executives with major stakes in Vizio who are probably now multi-millionaires, thanks to the acquisition by Chinese television maker LeEco.

Southern California 116

Southern California SoCal Technology Acquisition 116

Xconomy

JULY 27, 2016

LabCorp, already a giant in diagnostics and laboratory testing, is building its capabilities in prenatal testing with an agreement to acquire Sequenom in a $371 million deal. Under the tender offer, Burlington, NC-based LabCorp (NYSE: LH ) will acquire all of the outstanding shares of Sequenom for $2.40 per share, for a total equity value of $302 million.

San Diego 50

San Diego .Net Report Sites 50

socalTECH

JULY 27, 2016

The The Stage Fund , a investment and acquisition firm focused on acquiring turnaround companies, has tapped a longtime Southern California entrepreneur, Dan Tamkin , as a new Managing Partner in Los Angeles. According to the fund, Tamkin will be setting up a West Coast office for the fund, which is based in Denver, Colorado. Tamkin had previously served at Chief Technology Officer at Transdev, a $10 billion transportation conglomerate, and was founder and CEO of LA's Unified Dispatch, a develop

Los Angeles 109

Los Angeles Chief Technology Officer Funding Angel 109

Both Sides of the Table

JULY 27, 2016

Density laser tracking above a doorway As I’ve written before I believe Computer Vision will become a major factor as a Human-Computer Interface (1) as sensors and cameras help us make sense of our physical world. There is so much in the media about “The Internet of Things” that it has lost meaning and for many for some strange reason it became a short-hand for wearables.

Marketing 200

Marketing Course Startup Organization 200

socalTECH

JULY 27, 2016

Los Angeles-based online car shopping startup Car Harmony is taking on the area of auto finance today, saying it has launched a new, self service tool aimed at letting car shoppers create their own custom financing options for cars. The company said that it is partnering with auto finance provider Westlake Financial Services, which lets users adjust down payments, monthly payments, contract terms, and more on any car listed on the site--short cutting the usually long process at traditional deale

North Hollywood 109

North Hollywood Tool Services Hollywood 109

Startup Professionals Musings

JULY 27, 2016

The reigning theory in business has long been that “alpha” leaders make the best entrepreneurs. These are aggressive, results-driven achievers who assert control, and insist on a hierarchical organizational model. Yet I am seeing more and more success from “beta” startup cultures, like Zappos and Amazon, where the emphasis is on collaboration, curation, and communication.

Startup 66

Startup Organization Competition Entrepreneur 66

socalTECH

JULY 27, 2016

Los Angeles-based eHarmony said on Tuesday that its founder and CEO, Dr. Neil Clark Warren , has stepped down from his role as CEO. According to eHarmony, it has named Grant Langston as its new CEO. Warren remains as Chairman of the board. eHarmony did not say why Warren decided to step down, however, Langston was part of eHarmony's original founding team. eHarmony was founded 16 years ago. eHarmony offers up a personality-test driven matchmaking service, ultimately aimed at marriage; the compan

eHarmony 109

eHarmony Los Angeles Services Angel 109

socalTECH

JULY 27, 2016

Irvine-based disk drive and storage products maker Western Digital is one of the lead investors in a new startup developing personal storage services and applications. Upthere , which says it has created a new "operating system" to help users keep, find, and share their files, photos, videos, music, and more, said it raised $77M in funding, led by KPCB and Western Digital, and also included Elevation Partners, Floodgate, GV, NTT Docomo Ventures, and Square 1 Bank.

Services 109

Services Funding Help Startup 109