Fri.Feb 19, 2016

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Attn: Gets $18.5M For News Site

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West Hollywood-based Attn: , a company which publishes an online news site focused on social topics like economic mobility, civil rights, education, criminal justice, and the environment, has raised $18.5M in a funding round, the company disclosed on Friday. According to the LABJ, the funding came from Evolution Media Partners, Marc Rowan, RTS Ventures, Paul Wachter, Main Street Advisors, Seacrest Global Group, Cash Warren and Ross Levinsohn.

News 109
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7 Indicators Of Employee To Entrepreneur Potential

Startup Professionals Musings

As a mentor to aspiring entrepreneurs, and having graduated from a big company myself, I talk to many people who have spent years struggling up the corporate ladder who dream of jumping ship and becoming an entrepreneur. I typically suggest that the grass always looks greener on the other side, and the move from employee to entrepreneur is very risky and not for everyone.

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Amazon Studios Acquires Woody Allen's Latest Film

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Amazon Studios , the content production arm of Amazon.com which is based in the Los Angeles area, said Thursday that it has acquired the latest film from director Woody Allen. The as-yet-unnamed romantic comedy is expected to debut this summer in theatrical release. Details on the deal were not announced, however, Amazon said that the film will have a traditional, nationwide theatrical release, but then only be available to Amazon Prime subscribers through Prime Video.

Content 109
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5 College Laptops That Can Power Your Startup

Tech Zulu Event

Planning on starting your new business during your final years of college, or soon after? You need a laptop that can easily carry you threw school while still providing everything you want to start running your first venture. It may seem hard to find a laptop that balances school and work tools with longevity and an affordable price – but that’s why we’re here!

Startup 48
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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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TrueCar Names Dealer Service, Sales Lead

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Santa Monica-based online auto pricing and sales site TrueCar said it is l‌ooking to improve services to dealers and strengthen relationships with its dealers, through the appointment of a new executive. TrueCar said it has named Brian Skutta as its new Executive Vice President of Dealer Sales and Service. Skutta was most recently at Irvine's AutoAlert, where he had been CEO since 2014; he also has served at AutoTrader.com and VINSolutions.

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How Entrepreneurs Avoid Stagnation And Scale Their Startups

Tech Zulu Event

Coming up with a new idea, and launching your startup is one thing, three entrepreneurs do this every second. This amounts to a huge 100 million new startups launching every year. Actually taking the action steps to transform an idea into a sustainable business and scaling is a very different story. Almost all of these new businesses will stagnate and fail.

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eFFECTOR Therapeutics Boosts Series B To $56M

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San Diego-based eFFECTOR Therapeutics , which is developing gene translation technology to help in the treatment of cancer, has boosted its Series B funding to $56M, the company said Friday. The company--which raised $40M in the round back in December--said the new funding came from Sectoral Asset Management. Maha Katabi, Ph.D., CFA at Sectoral has joined the company's board as part of the funding.

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Resonant Names New Board Member

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Goleta-based radio frequency filter developer Resonant Inc. said late Thursday that it has appointed Michael Fox, CEO of Park City Capital, to its board of directors. Park City Capital is a major shareholder in the publicly held company. Resonant says the addition brings its total board members to seven. Fox founded Park City Capital in 2008, and prior to that served at J.P.

Capital 109
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Truven Health Analytics Acquired For $2.6 Billion

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Truven Health Analtyics , a cloud-based healthcare data provider which has an office in Santa Barbara, has been acquired by IBM Watson Health for $2.6 billion. Truven has its headquarters in Ann Arbor, Michigan. IBM said that the acquisition will bring more than 8,500 clients to its portfolio. Truven was backed by Veritas Capital. READ MORE>>.

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Qualcomm, Lenovo In 3G/4G Patent Deal

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San Diego-based Qualcomm and Chinese electronics developer Lenovo said Thursday that the two are in a 3G and 4G patent license agreement in China. The license will allow Lenovo to develop, manufacture, and sell 3G (WCDMA and CDMA2000) and 4G (LTE-TDD, TD-SCDMA and GSM) devices in the country. Financial details of the agreement were not announced. READ MORE>>.

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Newegg Sponsors Wizard World

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Los Angeles-based online electronics retailer Newegg has reached a deal to sponsor the Wizard World comic con and gaming events for the next year, the company said this week, as part of its marketing efforts. Newegg said it will sponsor a total of 17 events in major cities aross the United States as part of the deal. The first event starts today in Portland, Oregon.

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TeleSign Partners With Orange

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Los Angeles-based Telesign , which provides mobile identification and fraud prevention tools, has signed an agreement with telecom giant Orange , to provide mobile identity and fraud prevention services. Financial details of the deal were not announced. Telesign said its technology and service will be used to increase security around online account creation and ongoing account access.

Mobile 109
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Content, Commerce, and Cosmetics: A Look At IPSY's Subscription Business

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Los Angeles�as the center of the entertainment industry�has begun to adopt a new role as the center of online video in recent years�and has also with the e-commerce industry and expertise here from the technology industry. One of the companies at that intersection of video and e-commerce is IPSY (www.ipsy.com), a subscription beauty products company which uses video as a core piece of its monthly beauty products business.

Commerce 109
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Physitrack Names US Operations Chief, Sets Up Shop In Santa Monica

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Physitrack , a developer of iOS and web apps for the musculoskeletal, neurological, paediatric and military rehabilitation areas, says it has set up its U.S. operations in Santa Monica, and named Michael Sloniewsky as General Manager of the US and Canada. Physitrack's apps are aimed at allowing therapists to build and track video-based rehabilitation, replacing the often confusing paper handouts used by physical therapists to describe exercises to patients.