socalTECH

APRIL 1, 2016

San Diego-based Extrameasures , which operates reward, rebate, and prepaid and gift card programs for brands, has been acquired by Blackhawk Network , the two said Thursday. Financial details of the acquisition were not disclosed. Extrameasures was founded in 1996, when it first rolled out a Vista gift card for the consumer market. Extrameasures was founded and is led by Jan Allan Steinert.

Networking 109

Networking San Diego Acquisition Marketing 109

Tech Zulu Event

APRIL 1, 2016

140,000 new startup companies are reportedly launched every day. While the epicenter of tech innovation is undeniably Silicon Valley, a tide of new hubs emerging across the globe are gaining recognition. The “ real gold ” of Silicon Valley reportedly lies in its mentors. But new startup communities who benefit from governmental subsidies and an ecosystem that promotes growth and sharing, are now viable alternatives.

Technical Review 57

Technical Review Startup Incubator Media 57

socalTECH

APRIL 1, 2016

Ontario, California-based Yuneec , the Inland Empire-based consumer drone manufacturer which recently unveiled a drone platform with 4K video at CES, has been sued by competitor DJI , claiming patent infringement on two of its patents. In the lawsuit, filed in the United States District Court, Central District of California, DJI claimed that Yuneec violated its patent on an interchangable, gimbal-based mounting system for cameras on its drones.

Patents 109

Patents Technology Platform Sales 109

Startup Professionals Musings

APRIL 1, 2016

Aspiring entrepreneurs often approach me as an angel investor, touting their innovative idea for yet another online dating site. I agree the need is out there, with over 91 million interested singles between the age of 19 and 45 around the world. Yet almost no one in this business makes any money, since it comes with a larger list of challenges than most other opportunities I see.

Sites 51

Sites Ideas Statistics Google 51

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

APRIL 1, 2016

Irvine-based cybersecurity software developer Cylance said Thursday that has named two new executives. Cylance has named Brady Berg as General Counsel, and Vina Leite as Chief People Officer. Berg was previously co-chair of the Venture Capital and Emerging Companies practice group of Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., and also served at Wilson Sonsini; Berg was Cylance's outside counsel and also served as outside council for Foundstone, the last company founded by Cylance's C

Artificial Inteligence 109

Artificial Inteligence Venture Capital Resource Software Development 109

socalTECH

APRIL 1, 2016

Woodland Hills-based United Online has sold its StayFriends social networking site, to German company Stroer Content Group GmbH , the company said Thursday afternoon. United Online said it will receive 16.0 million euros ($18.3M US) for StayFriends. United Online said the sale is part of a strategy to exit the social media business, and is part of an ongoing evaluation of "strategic alternatives" by JMP Securities and work by ACXIT Capital Management.

Woodland Hills 109

Woodland Hills Social Media Social Network Sites 109

socalTECH

APRIL 1, 2016

Tesla Motors rolled out its latest vehicle, the Model 3 in Hawthorne last night, at its offices next to SpaceX. The Model 3 is Tesla's first reach down into the truly mass market, with a price of only $35,000 before incentives. Tesla said the new vehicle has a range of 215 miles per charge, goes from zero to 60 in under 6 seonds, and will be delivered in late 2017.

Hawthorne 109

Hawthorne SpaceX Pricing Marketing 109

socalTECH

APRIL 1, 2016

Santa Monica-based TrueCar has named a new executive to head up dealer sales, saying on Thursday that it has named Jim Menard as its new Senir Vice President of Dealer Sales. Menard was previously President and GM of the U.S. subsidiary of Search Optics. Menard also has served at AutoTrader and vAuto. TrueCar said Menard will head up efforts to strengthen dealer relationships across its network.

Truecar 100

Truecar Sales Santa Monica Competition 100