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San Diego Sees Strong Cybersecurity Growth As Firms Seek Talent

Xconomy

San Diego’s cybersecurity workforce has grown by nearly 15 percent over the past two years, according to a study released today by the Cyber Center of Excellence, a nonprofit industry group created to boost cybersecurity jobs and technologies in the region. The center also asked the San Diego Regional Economic Development Corp.

Q2 VC Funding Soars in San Diego (After Revisions), and Top 10 Deals

Xconomy

But the San Diego data was off. million in 19 companies in San Diego. million invested in 23 San Diego companies.

Dauntless Takes Flight with New Business Model for Starting Biotechs

Xconomy

All of the company’s funding so far has come from Sofinnova Ventures, and Mike Powell, a Sofinnova general partner in San Francisco, is board chairman.

Santa Barbara, San Diego Tops On Per-Capita Venture Capital

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San Diego-Carlsbad-San Marcos was number 7, with $36.6M in deals and 3.3 San Jose-Sunnyvale-Santa Clara; 2. READ MORE>>.

IBM Watson Health Launches Imaging Effort for Cancer, Other Diseases

Xconomy

That means doctors should be able to use Watson to read and digest health records, lab results, radiology reports, and relevant medical literature.

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Regulus Shares Crumble As FDA Halts Testing of Hepatitis C Drug

Xconomy

Regulus reported that a second serious case of jaundice, or a yellowing of the skin and eyes, in a Phase 1 study of RG-101.

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Recruitment Goal In Obama Precision Med Study: 1M in 3 or 4 Years

Xconomy

center led by the Scripps Research Institute in San Diego will work on ways for those individuals to participate.

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Biotech Roundup: Fighting Addiction, Obama Precision, Juno Deaths & More

Xconomy

STAT was among the outlets to report that Gilead has also quietly raised prices on older HIV drugs, ostensibly to drive prescriptions toward newer alternatives. San Francisco’s Medivation (NASDAQ: MDVN ), co-owner of prostate cancer drug enzalutamide (Xtandi), remains biotech’s hottest target.

News 15

Biotech Roundup: Kadmon Debt, Hemo Data, Loose Lips & More

Xconomy

The filing held some surprises , however, as Xconomy reported: plans to convert about $200 million in debt—a massive amount for a privately held biotech—into shares at the IPO, with some of those shares holding special privileges for their owners. —Ben Fidler contributed to this report. right now.

News 15

How Cyber Visibility Protects Against the Abnormal & the Immoral

Xconomy

For many Bostonians, the “privacy incident” recently disclosed by Massachusetts General Hospital (MGH)—which reportedly involved the personal information of 4,300 dental patients stored by a software vendor—hit close to home in many ways, as most of us have at one time or another been to MGH for ourselves or a loved one.

Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

Adding to the confusion, the most-recent MoneyTree Report on San Diego venture capital activity shows that Ostendo raised almost $10 million in VC funding during the second quarter. Razi, Bussel, and Dull are also on the board of Ingenu, the San Diego wireless technology company known previously as On-Ramp Wireless.

Biotech Roundup: ASCO, BIO, Drug Setbacks, Incubators & More

Xconomy

The nation’s biggest annual cancer meeting took place in Chicago, while biotech’s trade group held its annual confab in San Francisco. —At the annual BIO conference, which gathered in San Francisco for the first time since cops battled street protesters in 2004, industry bigwigs took to the stage to defend themselves.

Biotech Roundup: CRISPR’s 1st Trial, IPO Insiders, Zika & More

Xconomy

—The Associated Press reported that surgeon Paolo Macchiarini faces involuntary manslaughter charges in Sweden related to two patients who died after surgeries he conducted to implant artificial tracheas to replace their damaged windpipes. Savara now aims to pull together a funding round to support a future IPO, David Holley reports.

San Diego's Mapp Bio Behind Experimental Ebola Drug

socalTECH

A San Diego-based biopharmaceuticals startup, Mapp Biopharmaceuticals , is the source of the experimental Ebola treatment that has been given to the two Americans who are being treated for the dreaded disease, according to CNN. Mapp Biopharmaceutical is backed by LeafBio, Defyrus Inc., the U.S. READ MORE>>.

Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster. —Buzzfeed ran a lengthy report Wednesday on the sexual harassment charges against University of Washington vaccine researcher Michael Katze.

Two San Diego Sites Rank Tops In Rising Social Networking Interest

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Image courtesy Bigstock. READ MORE>>. social networking analysis pinterest experian skillwho stocktwits ranking

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Texas Looks To Steal Away Another San Diego Company, Omnitracs

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According to reports, Omnitracs is in the midst of negotations to move its operations out of San Diego, and to Austin, following the recent sale of Omnitracs by Qualcomm to private equity firm Vista Equity Partners. texas diego omnitracs jobs employment READ MORE>>.

Balancing Risks and Opportunities: The Board’s Perspective

Xconomy

Once risk professionals have a seat at the table, the onus is on them to report risk data to the board as effectively as possible. It’s also important to set a context for the issues that are reported. People start a business for many reasons. Some do it out of sheer passion, while others do it to create wealth and economic growth.

‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. The MoneyTree Report is prepared by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. San Francisco. San Diego.

Websense, After Move From San Diego, In Acquisition Talks

socalTECH

Former San Diego-based security software developer Websense > --one of a number of companies acquired by private equity investor Vista Equity Partners and moved out of San Diego--is now in talks to be acquired by Raytheon , according to a report. Websense was acquired by Vista Equity Partners in 2013. READ MORE>>.

Xconomy’s Top Innovation Stories of the Half Year

Xconomy

Frank Vinluan reports from North Carolina on a new effort to boost agtech startups and university research. 8. San Antonio Entrepreneur Center Opens Using Dallas Nonprofit as Model. David Holley reports on an effort to boost San Antonio’s startup scene, with ideas from another part of the Lone Star State.

Biotech Roundup: Gilead Slump, Celgene Goes Trump, Hemo Data & More

Xconomy

CARB-X will also run four accelerators—in San Francisco, Cambridge, MA, and two in the U.K. —Ben Fidler contributed to this report.

LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million.

New Report Details Technology Job Concentration In Region

socalTECH

The highest ranked was San Diego-Carlsbad-San Marcos , with 11.1 percent of jobs in technology, ranked at 20. READ MORE>>.

The Real Cracks in the Foundation of Ransomware

Xconomy

As if that wasn’t enough good news, shortly thereafter, reports surfaced that the infamous Angler exploit kit had gone belly-up , too.

Sony Slashes Jobs In San Diego

socalTECH

The layoffs, which were first reported by GameSpot, also affected Sony Online Entertainment''s Austin operations. READ MORE>>.

3D Robotics Shuts San Diego Office

socalTECH

Drone maker 3D Robotics , the high profile, consumer drone maker, has closed its San Diego offices and is now refocusing on the enterprise market, according to a number of reports. The move reportedly comes due to a slowdown at the Berkeley-based drone maker, due to intense competition from Chinese drone makers DJI.

Report: Uber Artificially Pushes Pricing In San Diego

socalTECH

According to a report Wednesday from TheVerge, Uber has been keeping drivers off the road in San Diego--to force "surge" pricing on the ride service. uber smartphone service mobile ride diego pricing manipulation controversey Is Uber manipulating the market for its UberX car service? READ MORE>>.

Evoke Pharma’s Stock Sinks on Stomach Drug’s Phase 3 Failure

Xconomy

In about one-third of the sites (13 out of 41), patients in the trial who took placebo reported an improvement in symptomatic diabetic gastroparesis. Evoke Pharma is taking a hit in the markets after announcing a Phase 3 trial on a gastroinetestinal drug for diabetes patients failed to meet its goals. in New York.

Amylin Pharmaceuticals To Shut San Diego Operations

socalTECH

However, it looks like the acquisition of San Diego''s Amylin Pharmaceuticals by Bristol-Myers Squibb is turning out not-so-great for employees in the location, after news that Bristol-Myers Squibb plans to close its San Diego operations , resulting in the loss of hundreds of jobs. READ MORE>>.

Reports: Lumedyne Technologies Acquired By Google

socalTECH

San Diego-based Lumedyne Technologies , a developer of MEMs-based, inertial direction sensors, has quietly been acquired by Google , according to multiple reports. The deal reportedly happened in November, and was worth $85M. Neither Google nor Lumedyne Technologies have announced or acknowledged the deal. READ MORE>>.

Intuit Cuts Workers In San Diego

socalTECH

Intuit , the developer of personal finance and tax software, is making major cuts in San Diego, according to a report from the San Diego Union Tribune. Intuit, has major operations in its Consumer Group in San Diego, working on its Turbo Tax software. intuit diego employment layoff jobs software

Report: San Diego News Network Seeks Buyer

socalTECH

A report last night from the San Diego Union Tribune says that San Diego News Network (SDNN), the local news effort run by entrepreneurs Neil Senturia and Barbara Bry, is looking for a buyer. According to the San Diego Union Tribune, SDNN has let go of some of its staff, but is still updating the site.

Southern California Companies Raise $1.46B In VC In Q3 2015

socalTECH

raised across 51 deals, followed by San Diego, which had $433.8M in 31 deals. However, the report found that the $47.2

Report: Chumby Has Shut Down

socalTECH

San Diego-based Chumby , which had developed Internet-connected, alarm-clock like devices and similar technology, has shut down, according to a report Friday. The Verge, which first reported the news, said that Chumby's employees are now working for Technicolor, and the firm is looking to sell off its technology.

Report: Websense On The Block

socalTECH

San Diego-based Websense is reportedly considering a sale of the company, according to a report this week in the Wall Street Journal. The Journal reports Websense has hired investment banking firm Qatalyst Partners on the sale. According to the WSJ, the firm is looking to get around $1B for the company.

San Diego Man Charged With Fraud In Possible Murder Of Angel

socalTECH

San Diego police have charged a man with fraud, and are investigating a possible homicide, in the death of San Diego Tech Coast Angel John G. According to reports, Kent Keigwin has been charged with unlawfully transferring $7.5M Tags: legal homicide murder angels coast tech diego peters frank Watson.

Ventura Among Top Social Cities, Says Report

socalTECH

Los Angeles and San Diego tied at 15 (along with Minneapolis-St. Ventura was tied with Austin, Texas for the position. READ MORE>>.

Green Jobs Growth Surges In California, Says Report

socalTECH

The report, based on data from January 2008 to 2009, found the Los Angeles Area had 23 percent of green employment in the state, and 22 percent of green businesses. New jobs data released today by nonpartisan research foundation Next 10 , finds that green job growth surged in California over the lsat few years, despite the economic crisis.

Google Fiber Buys Webpass in Wireless Internet Land Grab

Xconomy

San Francisco-based Webpass has spent the past 13 years working to bring ultra-fast wireless Internet access to homes (primarily large apartment complexes) and businesses around the country. Google Fiber began testing its own wireless Internet technology in Kansas City earlier this year, Recode reported.