Wed.Jul 08, 2015

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MaintenanceNet Acquired By Cisco For $139M

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Carlsbad-based MaintenanceNet has been acquired by Cisco , in a deal worth $139M, Cisco said late Tuesday. MaintenanceNet develops cloud-based software used by companies to manage the renewal of service contracts and maintenance contracts, automatically handling quoting, notifications, and also online renewals. Cisco said the move would help it partners capture high-volume and low-dollar sales opportunities that may risk being overlooked.

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10 Ways For Entrepreneurs To Meet Cash Flow Peaks

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. I often get asked about the real alternatives to bridge this valley, and there are some good ones I will outline here.

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Hulu Adds SHOWTIME Via Subscription Option

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Los Angeles-based streaming television site Hulu said Tuesday that it has added a new, subscription option to access SHOWTIME , as part of its premium video service. Hulu said that, for $8.99 per month--on top of its existing, $7.99 per month subscription--its viewers will have full access to both on-demand SHOWTIME shows, as well as access to both the East and West Coast live feeds of the cable channel.

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Fears About Artificial Intelligence are Masking the Benefits

Tech Zulu Event

Since the dawn of Sci-Fi, humanity has been concerned about AI and whether it will eventually lead to our demise. This a mindset held by great thinkers such as Stephen Hawking and Bill Gates. This fear has often overshadowed the many benefits AI offers and the advantages to our world they can provide. With only speculation to reinforce this worry about our future, we have held ourselves back from the wonders advanced AI can and is already giving us.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Kayne Anderson Backs Language Access Network

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Los Angeles-based private equity investor Kayne Partners , the growth private equity arm of Kayne Anderson Capital Advisors, said Tuesday that it made an investment in Language Access Network (LAN), a Columbus, Ohio-based provider of on-demand, video interpretation services. Financial details of the investment were not disclosed. Language Access Nework serves the healthcare industry, by providing video interpretation services for patients who are deaf, hard of hearing, or have limited English sk

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Resonant Adds To Board

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Santa Barbara-based Resonant inc. , which is developing front end radio frequency filters, said it has added Dr. Thomas R. Joseph to its board of directors. Joseph was previously Senior Manager Technical Products at RFMD (Qorvo), until he recently retired, and also had served at Hughes Aircraft Company, and TRW Space and Defense. The company said that Joseph is an expert on SAW (Surface Acoustic Wave) resonators, which is the technology that Resonant's products are based upon.

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DEKRA Insight Acquires Optimus Seventh Generation

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Oxnard-based DEKRA Insight/a> , a consulting, testing, and advisory firm focused on process safety, said today that it has acquired Optimus Seventh Generation Ltd. Financial details of the deal were not disclosed. Optimus Seventh Generation Ltd. is based in Aberdeen, Scotland, and offers up safety consulting to industry. DEKRA Insight said the acquisition boosts its workforce to over 550 people.

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YouTube Star PewDiePie Earned $7M In 2014

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In what helps prove the increasing importance of content on YouTube, popular Youtuber PewDiePie revealed this week that he earned more than $7M in 2014 , thanks to payouts from YouTube. Hard numbers and information on YouTube payouts are hard to come by--thanks to the site's terms and conditions to creators--but PewDiePie's revelation should be welcome news to the legions of aspiring YouTubers in Los Angeles now creating content for the video site.

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USC, National Academy of Engineering Ties With TV Series Creator To Find Female

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Can a TV show convince more females to pursue an education and career in engineering and science? A new effort, driven by the USC Viterbi School of Engineering , the National Academy of Engineering (NAE), and Lee Zlotoff , the creator of MacGyver, is hoping to create a new TV series--called "The Next MacGyver" --which will star and feature stories about women engineers.

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