December, 2018

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Lyft is becoming a one-stop transportation app in these 3 cities

TechCrunch LA

The company, through its Motivate bike-share brand, has invested $100 million in Citi Bike, expanding the fleet to 40,000 bikes over the next five years. Samponaro, who posted a blog on Thursday describing her approach, fought for protected bike lanes in New York and led a grassroots campaign to redesign NYC’s streets.

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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

Andy is a leader in the Southern Californian innovation ecosystem and has started, led or invested in more than two dozen tech start-ups. Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018? Andy Wilson is Executive Director for the Alliance for SoCal Innovation (www.alliancesocal.org).

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Saxena: More Than a Tool, A.I. Must Be Used With Society in Mind

Xconomy

startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machine learning companies, Saxena believes A.I. [ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificial intelligence. As chairman of Austin, TX-based A.I.

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As Unicorns Multiply, Bootstrapped Tech Businesses Holding Steady

Xconomy

Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha. It’s not a “unicorn”—a business with a valuation of more than $1 billion—and it’s not even close. Instead, Aha is a bootstrapped startup.

Sales 100
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Apple Plans 5,000 Jobs for New Austin Site as Part of Nationwide Expansion

Xconomy

Austin —Apple expects to make thousands of new hires around the country from Seattle to New York, the company announced Thursday, with its biggest growth planned for Austin, TX. The computer and smartphone manufacturer plans to hire 5,000 new employees in Austin and to spend $1 billion building a new campus on the north end of Austin.

Sites 79
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Bio Roundup: Eli Lilly Tries Tau, Generic Insulin, NASH Cash & More

Xconomy

Pharmaceutical industry critics lament the cost of rare disease drugs, but some of the steepest price hikes have come on widely used insulin. The patent holder, the University of Toronto, gave companies the right to manufacture insulin.

Patents 77
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Gossamer Bio Files for IPO at End of Year in Which it Raised $330M

Xconomy

Gossamer Bio, headed by former Receptos executives, made its public debut in January with $100 million in financing. Seven months later, it tacked on another $230 million. Now, the San Diego-based startup is looking to Wall Street for additional funds.