Wed.Oct 14, 2015

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What Everyone Should Take Away from Twitter’s 8% Staff Reductions

Both Sides of the Table

Today Twitter announced it had laid off around 336 jobs or 8% of its workforce. Nobody should celebrate, cheer or shout, “it’s about time.” This is about 336 people whose lives are altered and need to begin looking for work, saying goodbye to friends & colleagues and go on that journey of transition that most people dread. I wish all of them well and feel confident that anybody employed at one of the most innovative companies of the past 10 years will land on his or her fe

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Radical.FM Lanches $500 A Week Streaming Radio Contest

socalTECH

Venice, California-based Radical.FM , the Internet radio service led by Thomas McAlevey, is looking to ramp up the sharing of music streams from the service, with a $500 cash prize each week. According to Radical.FM, over the next four weeks, the company will give away $500 a week to users who share their music streams with others using its "RadCasting" feature, either via Facebook or Twitter.

Venice 143
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5 Steps To Finding A Partnership For Your Startup

Startup Professionals Musings

Business partnerships have traditionally been agreements to drive more transactions than either company could do alone. The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. An excellent example is the initiative by Elon Musk and Tesla Motors to give away all their patents, to infrastructure providers and even competitive car ma

Startup 100
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Radical.FM Launches $500 A Week Streaming Radio Contest

socalTECH

Venice, California-based Radical.FM , the Internet radio service led by Thomas McAlevey, is looking to ramp up the sharing of music streams from the service, with a $500 cash prize each week. According to Radical.FM, over the next four weeks, the company will give away $500 a week to users who share their music streams with others using its "RadCasting" feature, either via Facebook or Twitter.

Venice 138
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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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Why a “Yelp for People” Won’t End the World

Tech Zulu Event

This is a guest opinion piece written by Jeff Tinsley, CEO of MyLife.com. . I have a confession: I think a “Yelp for People” is a fine idea. That’s right; in fact my only issue with the announcement of the Peeple app last week was that the company isn’t taking the concept far enough. Already, the founders have buckled under criticism, turning what may have very well been a useful service into a pointless “positivity” app without a real purpose.

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Yuneec Rolls Out Point-and-Fly Drone

socalTECH

Drone aircraft manufacturer Yuneec , which recently set up its U.S. headquarters in Ontario, California, said Tuesday that it has launched a new product, the Typhoon Wizard , which allows users to "point and click" to fly their drones. The company said its new, ultra lightweight drone aircraft lets users fly the drone by simply pointing a handheld controller in the direction a user wants the drone to fly, and clicking some buttons.

Product 135

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Illumina Puts More Funding Into 23AndMe

socalTECH

San Diego-based DNA sequencing equipment maker Illumina has joined in a new venture funding round for high profile, genetic testing startup 23andMe. 23andMe said this morning that it has raised $115M in a Series E funding round, which was led by Fidelity Management & Research Company, and also included Casdin Capital, WuXi Healthcare Ventures and Xfund, plus Illumina, New Enterprise Associates, MPM Capital, and Google Ventures.

Funding 132
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Western Digital May Bid On SanDisk, Says Report

socalTECH

Irvine-based data storage developer Western Digital has been named as one of the companies potentially looking at a deal for flash memory maker SanDisk , according to a report late Tuesday. According to Bloomberg, SanDisk has hired investment bankers to find a buyer for the company. Western Digital--one of several companies potentially looking at SanDisk--reportedly has interest in SanDisk due to the importance of flash memory in a growing, flash-based storage market.

Report 131
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EDF Renewable Energy Puts Wind Farm Into Operation

socalTECH

San Diego-based renewable energy project developer EDF Renewable Energy said Tuesday that it has put a new wind farm, its Spinning Spur 3 Wind Project, into commercial operation ahead of schedule. The wind farm, located in Texas, is supplying electricity to two, municipal utilities, Georgetown Utility Systems and Garland Power & Light, both in Garland, Texas.

San Diego 131
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Kythera Chops 117 Employees In Post Acquisition Layoff

socalTECH

In a blow to the biopharmaceuticals industry along the 101 corridor, Westlake Village-based aesthetic medicine developer Kythera Biopharmaceuticals disclosed on Tuesday that it is laying off 117 of its employees , just days after the consummation of a deal to be acquired by Allergan. The $2.1 billion cash acquisition of Kythera by Allergan closed on October 1st.

Layoffs 125
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Ingram Micro Buys DOCdata

socalTECH

Irvine-based computer products distributor Ingram Micro announced this morning that it is buying European e-commerce fulfillment companies DOCdata Nederland B.V. and DOCdata International B.V. , paying approximately $175M for the two related companies. Ingram Micro said that DOCdata is a leading European providers of order fulfilment, returns logistics and online payment services.

Commerce 125