Trending Articles

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

Hi, and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages travel from Point A to Point B. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. If this is your first time, hello; I’m glad you’re with us.

How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning.

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New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

TechCrunch LA

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered.

Have you fallen into the buggy whip trap?

Berkonomics

Surely, you’ve heard the buggy whip analogy. A business making those necessary items ignored the signs of progress and found itself without a market. Perhaps that happened to sword smiths upon the invention of the rifle, and certainly to the makers of cassette tapes upon the dawn of the CD.

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How One Co-Working Space is Dealing with the Pandemic

Tech.Co

The current Covid-19 pandemic has had an epochal effect on businesses, and even the humble office space has taken a blow, with millions of us now working from home.

5 Common Startup Setbacks And How To Rebound Stronger

Startup Professionals Musings

Most entrepreneurs are so convinced that they are the disruptive element, they fail to anticipate that unknown facts or events can and will occur to disrupt their own well-laid plans.

More Trending

Virgin Orbit Develops Ventilator For Pandemic Response

socalTECH

Long Beach-based space launch company Virgin Orbit has temporarily shifted its attention from developing rockets and its satellite launch systems, and applied its engineering skills to developing a new ventilator, designed to help in the battle against the COVID-19 coronavirus pandemic.

Virgin Orbit to Make Ventilators for Covid-19 Patients

L.A. Business Journal

Virgin Orbit will start making a "bridge ventilator" for partially recovered Covid-19 patients at its Long Beach manufacturing facility

5 Keys To The Startup Mindset Required For Breakthrus

Startup Professionals Musings

As an entrepreneur advisor, I am surprised at how often I hear the same or very similar proposals of an incremental innovation to an existing process, versus a really new or breakthrough solution.

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Internet of Elephants launches Wildeverse, an AR game about endangered animals and conservation

TechCrunch LA

On Friday, the Kenyan augmented reality game developer Internet of Elephants launched its latest game in partnership with the conservation science experts from the Borneo Nature Foundation, Goualougo Triangle Ape Foundation, Zoo Atlanta and Chester Zoo.

Flagship Adds $1.1B for New Meds, More AI, & “Health Security”

Xconomy

Flagship Pioneering founder and CEO Noubar Afeyan didn’t know a global pandemic was in the cards for 2020 when he and his team laid out three new thematic areas of focus for the company last fall.

Urban Armor Rolls Out Compostable Phone Cases

socalTECH

Worried about the environmental impact of your smartphone? Orange County-based mobile device case maker Urban Armor Gear (UAG) said this morning that it has rolled out a line of biodegradeable, compostable smart phone cases, which it says are made out of 100% compostable bio-plastic. The company said the effort came because "we care about our environment" and that it would help drive solutions towards sustainability. The new "Outback" series of cases starts at $39.95.

Tim Draper’s Los Angeles-based blockchain-focused venture studio adds a venture partner

TechCrunch LA

The Los Angeles-based venture capital studio focused on blockchain and fintech startups which longtime venture investor Tim Draper now calls home has added a new venture partner to its team.

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6 Ways Gossiping Leads To A Toxic Workplace Culture

Startup Professionals Musings

As an entrepreneur, you should treat gossip among the members of your team as a reduction in productivity at best, and at worst, an indication of unhappy, un-empowered, or non-collaborative employees.

8 Brand Models To Attract Your Perfect Fit Customer

Startup Professionals Musings

Attracting the right customers is the key to success in business, whether you have a new startup or a mature enterprise.

The Trade Desk Offers Up Free Courses

socalTECH

Ventura-based online advertising exchange The Trade Desk says it will offer up free access to its digital advertising courseware until the end of 2020, allowing everyone from advertising industry professionals to those looking to build the required skills to enter the field. The company said it also has revamped its courseware and certification platform.

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TurboTax Offers Up Free Stimulus Registration Tool

socalTECH

San Diego-based TurboTax said over the weekend that it has launched a new product, to help Americans register for the new stimulus payment. According to Intuit, the product is designed to help millions of Americans who are not required to file a tax return easily register with the IRS to get their stimulus money.

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MaxLinear Buys Intel's Home Gateway Platform Division

socalTECH

Carlsbad-based MaxLinear announced this morning that it ahs acquired Intel's Home Gateway Platform Division , in a deal worth $150M in cash. According to MaxLinear, which develops radio frequency, analog, and mixed signal integrated circuits, Intel's Home Gateway Platform Division develops Wi-fi access points, Ethernet, and Home gateway systems-on-a-chip (SoC) products.

IGN Plans Online Live, On-Demand Gaming Broadcasts

socalTECH

Los Angeles-based games and entertainment content provider IGN says it is launching plans for a new series of live and on-demand gaming events, focused on games and next generation console hardware, as a result of cancellations of events such as E3 2020 and e-sports events.

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Headspace Offers Up Mindfulness Tools To New Yorkers

socalTECH

Santa Monica-based Headspace is looking to help New Yorkers manage their stress with a new website , offering up a number of exercises to help people reduce their stress levels during the pandemic. The site--launched on Monday in partnership with New York Governor Cuomo--is available both in English as well as Spanish. The company said the special NY collection of meditation, sleep, and movement exercises are specifically aimed at helping New Yorkers through stressful and challenging times.

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Ligand Buys Assets From Icagen

socalTECH

San Diego-based Ligand Pharmaceuticals said last week that it has completed its $15M cash acquisition of the core assets of Icagen's North Carolina operations. Ligand Pharmaceuticals said it acquired the core assets, partnered programs, and ion channel technologies from Icagen. In addition to the $15M in cash, Ligand said that Icagen is entitled to receive additional cash payments based on certain revenue achievements.

VIZIO Boosts Menu Of Free Streaming Channels

socalTECH

Irvine-based television manufacturer VIZIO said today that it is launching 30 new, free linear TV channels as part of its free SmartCast TV streaming service. The company said the new, ad-supported TV services are seeing a 59 percent increase in viewin gsessions over the last three weeks of March.

J2 Global Buys Two Companies In Q1 2020

socalTECH

Los Angeles-based J2 Global announced this morning that it has acquired two more companies, adding to the very extensive list of companies the company has acquired over the years. J2Global said it acquired Migrain Again and SRFax , both during the first quarter of 2020. Financial terms of the acquisitions were not announced. According to J2 Global it does not expect either of the acquisitions to be material.

Miso Robotics Boots Up Crowdfunding Campaign, Seeks $30M

socalTECH

Pasadena-based Miso Robotics , which is developing robots for the quick serve restaurant industry, says it has launched a new Series C crowdfunding campaign, where it hopes to raise a total of $30M in funding. According to the company, it has over $2.6M in "reservations" as part of the round, which it says it is running in collaboration with SeedInvest and Wavemaker Labs.

eResonate Media Finds $1M For Live Music Streaming

socalTECH

Playa Vista-based eResonate Media , a startup which is working on a live music streaming platform, said this morning that it has raised $1M in a funding round. The convertible note offering will go towards the company's planned launch later this year. According to the company, it is working on live streaming of a user's favorite bands to their mobile or other devices.

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AristaMD Finds $18M In Series B Funding

socalTECH

San Diego-based AristaMD , a developer of telehealth software, which allows primary care providers to conduct and document electronic medical consultations, has raised $18M in a Series B funding round. The funding was led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), and also included Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care. The company said the funding will go to towards accelerating expansion of its platform across the country.

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Amazon Employees At 6 Southern California Warehouses Now Positive For Virus

socalTECH

Employees at six, Amazon Fulfillment Centers across Southern California have now tested positive for COVID-19, with centers in San Bernardino, Rialto, Hawthorne, and Glassell Park, including four all tested in the last 24 hours. According to a number of reports , the four latest cases were at Amazon's ONT2 fulfillment center in San Bernardino; LGB8 in Rialto; DLA8 in Hawthorne, and also an Amazon Prime warehouse in Glassell Park. READ MORE>>.

Fujitsu Frontech North America Buys Fulcrum Biometrics

socalTECH

Foothill Ranch, California-based Fujitsu Frontech North America , which is a subsidiary of Fujitsu which provides technology and IT solutions, said it has acquired Texas-based Fulcrum Biometrics , a developer of biometric hardware, software, and solutions. Financial terms of the acquisition were not announced. Fujitsu Frontech said the move will help it boost its biometric authentication and access management solutions business.

SteadyMD Picks Up $6M For Telehealth Efforts

socalTECH

Los Angeles- and St. Louis, Missouri-based SteadyMD , a developer of an online telehealth service which matches up people with their own, personal doctors they can access via video, text, and phone, has raised $6M in a Series A funding round, the company said this morning.

Omnidya Names CTO

socalTECH

Los Angeles-based artificial intelligence software developer Omnidya announced this morning that it has named Akshay "Ed" Vachhani as its Chief Technology Officer. Vachhani previously had served as Executive Director of Data and Analytics at Morgan Stanley. Vachhani also previously served at Morgan Stanley and Credit Suisse. Omnidya says it is using artificial intelligence to develop an IoT product used for home and auto insurance. READ MORE>>.

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