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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Hello friends, and welcome back to Week in Review ! Last week, we talked about about the “de-stonkifying” of the market. The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. other things.

Marketing 246
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Mitchell Merges With Genex Services

socalTECH

San Diego-based software developer Mitchell , which develops software and other technology for the insurance and collision repair industries, says it has merged with Genex Services , a provider of clinical solutions for the workers' compensation, auto, and disability markets. READ MORE>>.

Services 133
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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The results were so encouraging, we’re doing it again. Financial terms were not disclosed. Webroot withheld terms of the deal.).

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Fruition Gets $12M For ServiceNow Implementation Services

socalTECH

in funding, in an interesting indication of the growing ecosystem around San Diego-based ServiceNow. Fruition--based in Chicago--said the Series A funding for the firm was led by Trident Capital, and specifically comes due to "rapid expansion and market demand" for ServiceNow's product. READ MORE>>.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace

socalTECH

Tim Grace , who co-founded San Diego-based PointPredictive with Frank McKenna and Joe Jackson, is a startup veteran, who sold BasePoint Analytics to CoreLogic in 2009, and is a former executive from HNC Software. We talked with Tim about how they're now applying this to a new market. What is PointPredictive?

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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

In contrast to some alternative lenders, the San Diego firm said it is growing fast and is consistently profitable. There is more integrity to the process,” Gilbert said, because National Funding uses traditional loan analysts as well as software to analyze and process its loan applications.