Fri.Jun 03, 2016

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Snapchat to Roll Out Redesign

L.A. Business Journal

Snapchat is reportedly set to roll out a redesign of its app in mid-June by merging its Discover and Live Story features.

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NantHealth Launches Molecular Testing, Decision Support Product

SoCal Tech Calendar

Culver City-based NantHealth has launched a new product, which provides molecular testing and decision support solutions for cancer patients. According to NantHealth, its new Genomic Proteomic Spectrometry Cancer or GPS Cancer product, measures the proteins in a patient's tumor tissue, and uses whole genomic and transcriptomic sequencing to help personalize chemotherapy treatment.

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Silicon Beach Deal Flow: June 3

L.A. Business Journal

A weekly roundup of must-read L.A. tech investments and acquisitions.

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Impinj, With Offices In OC, Files For IPO

SoCal Tech Calendar

Impinj , a developer of RFID and other wireless chips which has rseearch offices in Rancho Cordova and Newport Beach, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $60M. The company has applied to list on the NASDAQ Global Market as PI. The IPO is being underwritten by RBC Capital Markets, Pacific Crest Securities, Piper Jaffray,Needham & Company, and Cannacord Genuity.

CalTech 116
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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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Silicon Beach Launch List: June 3

L.A. Business Journal

A weekly roundup of L.A. tech company and product launches.

Product 100
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Teledyne Wins Microsatellite Deal

SoCal Tech Calendar

Thousand Oaks-based Teledyne Technologies announced late Friday morning that it has scored a big win in its Teledyne Defence business unit, to help deploy a giant network of small satellites. According to Teledyne, Shipley, which is part of its Teledyne Microsave Solutions group, has been awarded a major supply contract from OneWeb Satellites, to support an effort to launch 900 small satellites.

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Spireon Reaches Three Million Subscribers, Sets New CEO

SoCal Tech Calendar

Irvine-based vehicle telematics provider Spireon reported Thursday afternoon that it has reached three million subscribers to its platform, and has named a new CEO. The company said it has named Kevin Weiss to the CEO position. Weiss was previously CEO of Unitrends, and also had served at McAfee, IBM, and other companies. Weiss replaces Marc Brungger, who now apparently is running his own investment and consulting firm.

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7 Steps Online Companies Can Take to Manage Sales Tax Exposure

Xconomy

States have been fighting to collect sales taxes from online retailers since the dawn of the e-commerce age. But today, online companies that sell services rather than merchandise also need to be concerned about state sales taxes. Even though most services are usually not subject to sales tax, some states are now asserting that certain online services are taxable either as software, data processing, or information services, even if the type of service would not be taxable if delivered the old fa

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Blizzard Entertainment's Overwatch Tops 7 Million Players

SoCal Tech Calendar

Irvine-based Blizzard Entertainment says it now has more than 7 million players on its newest title, Overwatch , which it launched on PlayStation 4, Xbox One, and Windows on May 24th. Blizzard said that so far, those players have spent more than 119 hours in total playing the game, which Blizzard categorizes as a "team shooter". A basic starter pack to play the game, Overwatch Origins Edition, costs $59.99.

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Biotech Roundup: Deals Gone Wrong, Ethical Red Flags & Bay Goodbyes

Xconomy

It was fitting this week that, in the lead-up to two of biomedicine’s biggest self-celebrations, we were served ample reminder of the industry’s expensive decisions gone wrong. This weekend, much of academia and industry involved in cancer will gather in Chicago for the annual American Society of Clinical Oncology conference. Thousands of others will head to San Francisco for BIO, which has a distinct international flavor.

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YP Links With Groupon

SoCal Tech Calendar

Los Angeles-based local search site YP said Thursday that it has linked up with Groupon , to integrate Groupon's local deals into its discovery site and mobile apps. Financial details of the deal were not disclosed. YP said the move is part of a broader integration deal, which integrates information from provides such as the Better Business Bureau (BBB), Uber, and Fandango into its search services.

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