Trending Articles

On-Demand Startups Are Completely Changing the Industry

Tech.Co

It was not long ago that the apps on our smartphones were, by today’s standards, basic. They played music, allowed us to text, and the very pioneering apps tracked our daily step count and sent us news alerts. That all changed with social media , and now everyone is glued to their phone’s screen.

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Immunotherapy Shakeup: AstraZeneca Inks Merck Deal as Drug Combo Fails

Xconomy

Despite all the great progress made harnessing the immune system to fight cancer, there is still much work to be done to maximize its potential.

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Trending Sources

Global Eagle to Cancel $416 Million Deal With Chinese Firm Over National Security Concerns

L.A. Business Journal

National security concerns have forced Global Eagle Entertainment, an in-flight Wi-Fi service, to cancel a $416 million investment agreement with China’s Beijing Shareco Technologies to create a new joint venture for the Chinese market

Site1001 Finds $6M

socalTECH

San Clemente, California- and Kansas City, Missouri-based Site1001 , a developer of software for facilities maintenance and management, has raised $6M in a Series A funding, according to the company. The company, which is led by Southern California serial entrepreneur Cleve Adams, has previously raised funding from Flyover Capital, Tifec and Ward Ventures. READ MORE>>. site1001 venture capital software facilities management maintenance saas

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Silicon Beach Report July 27: Virtual Reality Studio Within Raises $40 Million

L.A. Business Journal

Virtual reality studio Within raises $40 million, PCM Inc. share price falls 25 percent and TenOneTen raising $50 million fund

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LegalZoom Says Its Services Are Legal In New Jersey

socalTECH

Glendale-based online legal referral provider LegalZoom says it is legal in New Jersey, despite a recent opinion issued by the New Jersey Supreme Court. According to LegalZoom, recent reports on the opinion of the New Jersey Supreme Court "misinterpret the findings", and that New Jersey attorneys can continue to ethically work with LegalZoom.

ACG 101 Annual Summer Social

SoCal Tech Calendar

Thursday, August 3, 2017 -- ACG 101 Annual Summer Social. Join ACG 101and ACG 101's Women in Corporate Growth on the evening of August 3rd at the beautiful Westlake Village Inn Stonehaus for our annual Summer Social. This always-popular annual gathering brings together ACG members, friends, past program presenters and other special guests. See [link] (more

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Lean on Your Networks When Making Early Hires

Tech.Co

Hiring your first few employees can often be as hard as choosing your cofounders. Especially in the early days of your startup, when you’re often only months from running out of money, hiring the wrong person can be disastrous. Yet it’s hard to accurately vet potential candidates.

Illumina Accelerator Sees ‘Huge Impact in Genomics’ in New Startups

Xconomy

Genomics startups are increasing in number and quality, so much so that three-year-old Illumina Accelerator has expanded with its latest class to accommodate five of them. Xconomy got an early look at the specialty accelerator’s sixth cohort, which includes a company named for a butterfly and the accelerator’s first digital health startup.

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Silicon Beach Report July 24: Internet Brands to Buy WebMD for $2.8 Billion

L.A. Business Journal

Internet Brands to buy WebMD for $2.8 billion, Hulu names Google veteran as marketing executive, and ‘Game of Thrones’ Snapchat lens reaches 45 million people

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Internet Brands Buys WebMD For $2.8 Billion

socalTECH

El Segundo-based Internet Brands , which is owned by private equity investor KKR, agreed this morning to acquire WebMD in a deal worth approximately $2.8 billion. According to WebMD, Internet Brands will pay $66.50 per share in cash for all of the outstanding shares of WebMD common stock. The deal is expected to close in Q4 of 2017. WebMD operates a popular online health information site. Internet Brands is run by CEO Bob Brisco. KKR acquired Internet Brands in 2014. READ MORE>>.

TEDxUCLA Salon: From Struggle to Success

SoCal Tech Calendar

Monday, July 31, 2017 -- TEDxUCLA Salon: From Struggle to Success. How do you turn struggles into success in the field of technology? How do you succeed as a female in a male-driven industry? How can government catch up with the rapid growth in technology? Join us as we explore these hot topics and learn from experts in the field. See [link] (more

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Find your “teacher customer.”

Berkonomics

Your customers know what they want more than you do. Find one to teach you. Close. This week’s insight came from personal experience and from a good friend who advanced the notion of the “teacher-customer” years ago.

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With Helix’s Help, Lose It Adds Genetic Insights to Weight Loss App

Xconomy

Does your genetic code contain information that can help you lose weight? It’s a serious question in science, and in business. Now, the makers of Lose It aim to find out.

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Silicon Beach Report July 21: Cinq Music Raises $20 Million Series B

L.A. Business Journal

Cinq Music raises $20 million Series B, Snap Inc. selling Spectacles in Harrods of London, and Snap Inc. hires Swiss team behind anti-reverse engineering software

FairClaims Finds $1.8M For Online Dispute Resolution

socalTECH

Los Angeles-based FairClaims has raised $1.8M in a funding round, to go towards the startup's online dispute resolution services. According to the company, the funding came from Fika Ventures, Crosslink Capital and Greycroft. The funding came on top of an earlier, $285,000 in seed funding the company received from Brian Liu (co-founder of legalzoom), Mark Goldstein, and Mark Goines (NOLO, Intuit Turbotax). FairClaims is led by CEO Stephen Kane.

Virtual Reality and Dance: An Immersive Exploration

SoCal Tech Calendar

Thursday, July 27, 2017 -- Virtual Reality and Dance: An Immersive Exploration. In celebration of National Dance Day 2017, Upload LA is hosting an immersive exploration of the intersection between dance and virtual reality. Dance is the ultimate expression of bodily movement while VR is the pinnacle of visual experience. Combine the two together for a powerful, full-body immersive experience.

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$200M Invested For a Global Network of Indoor Farms? That’s Plenty

Xconomy

Agtech startup Plenty has reeled in $200 million in financing as the company presses forward on its plans to build a global network of indoor vertical farms. Softbank Vision Fund of Japan led the Series B funding round for South San Francisco, CA-based Plenty. The round included investments from affiliates of Louis Bacon, the founder of Moore Capital Management, as well earlier investors Innovation Endeavors, Bezos Expeditions, DCM, Data Collective, and Finistere Ventures.

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Silicon Beach Report July 25: Modular Construction Startup Emagispace Raises $4.2 Million

L.A. Business Journal

Modular construction startup Emagispace raises $4.2 million, ABC News forms production partnership with ATTN:, and Elon Musk disses Mark Zuckerberg’s understanding of the dangers of artificial intelligence

News 16

Bio Roundup: Obamacare Persists, FDA Approves, Vertex Wows & More

Xconomy

The attempt to repeal and replace the Affordable Care Act took a major hit this week from Senate GOP holdouts who said the Better Care Reconciliation Act either tore down Medicaid too much or left too much of the ACA in place. A straight-up repeal, floated by Senate majority leader Mitch McConnell, was also shot down. But as of this writing, McConnell will allow a vote next week to start open debate, much less tightly controlled than the secretive BCRA that went nowhere.

Silicon Beach Report July 26: Global Eagle to Cancel $416 Million Deal With Chinese Firm Over National Security Concerns

L.A. Business Journal

Global Eagle to cancel $416 million deal with Chinese firm over national security concerns, Guidance Software acquired for $240 million, and Elon Musk reveals car elevator at Boring Co.

Guidance Software Acquired By OpenText For $240M

socalTECH

Pasadena-based forensics software maker Guidance Software has agreed to be acquired by OpenText , in a deal worth approximately $240M, Guidance said this morning. Guidance, which is best known for developing the EnCase forensic security software, said OpenText will pay $7.10 per share in cash for all of the company's outstanding shares. Guidance was advised by Morgan Stanley and Atlas Technology Group, along with Latham & Watkins, in the deal. READ MORE>>.

Hulu Names Google Vet As Chief Marketing Officer

socalTECH

Santa Monica-based streaming television provider Hulu announced on Monday that it has appointed Kelly Campbell as the company's new Chief Marketing Officer. Campbell was most recently at Google, serving as Managing Director of Global Growth Marketing for Google Cloud, also also had previously worked at JPMorgan Chase and FleetBoston Financial Corporation.

Bio Roundup: GOP Vote-a-Rama, Immunotherapy Setbacks, Pharma Revamps

Xconomy

Two failed cancer studies this week provided a fresh reminder how little researchers and clinicians understand about immunotherapy’s vagaries: why it works for some people and not for others.

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Effector Raises $38.6M to Advance New Class of Anti-Cancer Drugs

Xconomy

San Diego’s Effector Therapeutics, a five-year-old cancer drug developer, has raised $38.6 million in new venture capital funding. The Series C financing, led by Pfizer Venture Investments, brings total funding for Effector to about $150 million, CEO Steve Worland said late Monday.

The Gores Group Buys AMI Entertainment

socalTECH

Los Angeles-based private equity investor The Gores Group said on Thursday afternoon that it has acquired AMI Entertainment , a maker of digital jukeboxes and video systems, which are installed in bars, restaurants, and other locations. AMI Entertainment was founded in 1909, as the National Automatic Music Co. Financial details of the acquisition were not announced. Gores Group said it acquired AMI through its Small Capitalization Partners investment fund. READ MORE>>.

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SpaceX Raises $350M More, Is Now Worth Around $21 Billion

socalTECH

Hawthorne-based SpaceX has just raised $350M more in new funding, according to regulatory filings, which reportedly values the company at around $21 billion. Details of the funding have not been announced by SpaceX. SpaceX has previously raised funding from Fidelity, Google, Founders Fund, and DFJ. READ MORE>>. spacex venture capital rocket launch aerospace valuation elon musk

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Unmanned Aerial Vehicle Companies In Southern California

socalTECH

Interested in getting involved in the development of unmanned aerial vehicles (drones)? Who are the companies in Southern California that are part of this growing industry?