L.A. Business Journal
AUGUST 29, 2019
Live event producer LiveXLive Media Inc., based in Beverly Hills, announced today it will partner with Irvine-based Allied Esports Entertainment Inc. to put on live esports events.
socalTECH
AUGUST 29, 2019
The USC Viterbi Startup Garage , the startup accelerator that is part of the University of Southern California, has scored backing from the Amazon Alexa Fund , the venture investment arm of Amazon that invests in startups using Amazon Alexa. According to the USC Viterbi Startup Garage, its new Fall 2019 cohor will now host startups focused on voice technology, as part of a joint effort between Amazon's Alexa Fund and the University of Southern California's Technology, Innovation and Entrepreneur
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TechCrunch LA
AUGUST 29, 2019
When ProGuides pulled the covers off of its service earlier this year, the young Los Angeles-based startup intended to give gamers a way to train with professional and semi-pro esports players from around the world. But as users signed on to the service, it became clear that they weren’t looking for training necessarily… Instead what players wanted was a ringer. “After we launched the beta, we found some interesting user behavior,” says Sam Wang. “We found that game
Berkonomics
AUGUST 29, 2019
For weeks, we’ve highlighted both good and bad things about boards of directors for your company (or non-profit.) This week, let’s focus upon number one – aside from the requirements of boards to protect the company itself (not the shareholders.). Normal functions of boards. Boards of directors fulfill numerous important functions, both legal and structural.
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
L.A. Business Journal
AUGUST 27, 2019
Online car leasing startup Fair announced Aug. 27 it raised a $100 million credit facility led by Ally Financial Services Inc. to help finance its existing business and buy cars for its users.
socalTECH
AUGUST 30, 2019
Irvine-based property information provider CoreLogic has run an analysis on the possible impacts of Hurricane Dorian, the hurricane that threatens to hit Florida on Labor Day, and says 668,052 homes are at risk from storm surge damage. The company--which regularly analyzes possible impacts from storms during hurricane season--said the reconstruction value of all of those homes total nearly $144.6 billion.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
SoCal Tech Calendar
AUGUST 28, 2019
Thursday, August 29, 2019 -- GET YOUR GAME ON! NYFA is not just a great place to learn about making games, it's a great place to make games! Come to NYFA to work on your game projects and make new friends! We'll supply the workspace, the pizza, the wifi and the mentorship. Bring your LAPTOP and your game projects and get ready to work (and have fun)!
L.A. Business Journal
AUGUST 27, 2019
Venice-based Seriously Digital Entertainment announced Aug. 26 it was acquired by Israeli mobile game developer Playtika Ltd.
socalTECH
AUGUST 30, 2019
San Diego-based Housecall Pro , the startup which provides a number of different software products for home services contractors, announced on Friday that it has launched a new set of finance tools for its customers. According to Housecall Pro, its new My Money suite will help its users accept credit card payments, deposit card payments directly into their bank accounts, store credit card information, and more.
Xconomy
AUGUST 26, 2019
Remember the simpler times of the mid-2010s, when you could order a latte or cocktail in California without the option of adding CBD? For Justin Gover, CEO of British drugmaker GW Pharmaceuticals (NASDAQ: GWPH ), society’s sudden embrace of cannabidiol (CBD), the other active ingredient found in the cannabis plant, is a trip—though CBD won’t make you trip.
Startup Professionals Musings
AUGUST 26, 2019
Starting a new business is fraught with challenges, and none of us has the bandwidth to kill them all. As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success.
L.A. Business Journal
AUGUST 29, 2019
Santa Monica-based venture investment firm March Capital Partners led a $4 million funding round in San Francisco-based mobile game developer Knock Knock Games Inc.
socalTECH
AUGUST 29, 2019
Los Angeles-based on-demand scooter startup Bird is pulling its scooters from the streets of a number of Florida cities, as the state faces its first major hurricane in the "on-demand scooter" era. Bird joins other scooter and transportation companies like Lime and Uber who are having to remove those scooters from the streets as Hurricane Dorian is expected to landfall somewhere in Florida.
Xconomy
AUGUST 26, 2019
Remember when the new wave of expensive cholesterol-lowering drugs—known as PCSK9 inhibitors—were supposed to give the healthcare system a financial heart attack ? Far from it. Four years after approval the two PCSK9 blockers on the market have yet to crack $1 billion in annual sales, combined, thanks to a gloves-off effort by insurers to beat back their use.
Startup Professionals Musings
AUGUST 24, 2019
The power and influence of paid media advertising, including print ads, TV commercials, radio, and even online digital campaigns is waning, in favor of unpaid earned and owned messaging from your website, social media, key market influencers, and existing customer word-of-mouth. But startups need to remember that even zero paid media doesn’t mean that marketing is free.
SoCal Tech Calendar
AUGUST 28, 2019
Thursday, August 29, 2019 --.
socalTECH
AUGUST 29, 2019
Los Angeles-based venture investor March Capital Partners is the lead investor in a new, Series A $4M funding round for a new, video game developer called Knock Knock Games , according to the company on Thursday. The funding also included Raine Ventures, London Venture Partners, and Ludlow Ventures. As part of the funding, March Capital's Gregory Milken joins Knock Knock's board of directors.
Xconomy
AUGUST 30, 2019
The ways in which robocallers try to dupe us are becoming almost as plentiful as the frequency of the calls. An unknown phone number was once all scammers needed to trick the average person into picking up the call. Now, new hoaxes are making it increasingly difficult to avoid fraud, such as the “one ring” ploy (they hang up quickly to entice you to call back) or a riff on a years-old ruse of pretending to be the Internal Revenue Service, in which fraudsters “ spoof ” an actual phone number of a
Startup Professionals Musings
AUGUST 25, 2019
In the beginning all businesses are just people playing out an idea. It’s never the other way around – there is no idea so big that it doesn’t need people to make it succeed. Investors know this, hence the saying “Bet on the jockey (founder), not the horse (idea).” A great jockey is a great role model. Like it or not, everyone looks to the entrepreneur as the jockey role model in a new business.
Both Sides of the Table
AUGUST 26, 2019
Some Seriously Great News. No, Seriously … Exactly six years ago today I received an email from my friend Ynon Kreiz introducing me to Andrew Stalbow and Petri Järvilehto. Ynon had been the CEO of Maker Studios and I trust his opinion a great deal so of course I took the meeting. Andrew and Petri had left game developer Rovio (of Angry Birds fame) and were creating a new games company called Seriously that would combine compelling intellectual property (characters), great narratives, and fun gam
socalTECH
AUGUST 29, 2019
Santa Monica-based videogame publisher Activision is bring back a popular, retro character from the 1990's, its purple dragon, Spyro, through a new title, the gaming publisher said this morning. According to Activision, Spyro Reignited Trilogy will launch on the Nintendo Switch and PC via Steam, starting on September 3rd. The new set of "remastered" videogames include Spyro the Dragon , Spyro 2: Ripto's Rage , and Spyro: Year of the Dragon.
Xconomy
AUGUST 30, 2019
You might be camping, barbecuing, or sleeping on Monday. It’s Labor Day, after all. But in Paris, this cardiologist will be in a conference center, walking an audience through a slide deck packed with Phase 3 data for a new cholesterol-lowering drug, inclisiran. Inclisiran’s owner, the Medicines Co., jumped the presentation by a week, promising in a statement Monday that the data were very good, indeed.
Startup Professionals Musings
AUGUST 28, 2019
New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. In fact, they need an early focus on developing their moral compass, as well as setting the right ethical tone. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.
socalTECH
AUGUST 29, 2019
Fountain Valley-based gaming accessories maker HyperX , and NFL football star JuJu Smith-Schuster have signed a new, two year brand ambassador deal, which will have Smith-Schuster wearing HyperX headsets, as well as promoting HyperX's lifestyle headphones and gaming headsets, mice, keyboards, mousepads, and streaming mics. Financial terms of the branding deal were not announced.
socalTECH
AUGUST 28, 2019
sonnen , the solar energy storage developer which has its U.S. headquarters in Los Angeles, has announced a plan for a massive, solar-powered battery storage system and community in Utah, which will combine both on-site solar power generation and battery storage. According to sonnon , real estate development company the Wasatch Group , and power company Rocky Mountain Power , they are working together to create what they call a "Virtual Power Plant" (VPP), which will provide 12.6 megawatt-hours
socalTECH
AUGUST 28, 2019
A new startup, Advanced Farm Technologies , which offers up automated harvesting of strawberries in Oxnard and Santa Maria, along with other strawberry growing regions in California, says that it has raised $7.5M in a Series A funding round. Advanced Farm Technologies, based in Davis, California, said its Series A funding was led by Yamaha Motor Ventures & Lab, and also included Kubota Corporation, Catapult Ventures, and Impact Venture Capital.
socalTECH
AUGUST 28, 2019
Anaheim-based Wescom Resources Group (WRG), which provides technology and software to credit unions, announced that it is selling its Symmetry eBanking digital banking software suit to Connect Financial Software Solutions. Financial terms of the sale were not announced. Connect Financial Software Solutions is a provider of enterprise digital banking servies.
socalTECH
AUGUST 28, 2019
For our interview today, we spoke with Chad Wasilenkoff , the CEO of Helicoid Industries (www.helicoidind.com), a spinout of UC Riverside. Helicoid's technology is used in the composites industry. READ MORE>>.
socalTECH
AUGUST 27, 2019
Irvine-based online videogame developer Blizzard Entertainment has brought back the very original version of World of Warcraft , in the form of a new title, World of Warcaft Classic. According to Blizzard, as part of the celebration of the game's 15th anniversary, it has released a version of its game, which is an authentic re-creation of what its popular title looked as "pre-expansion" and in its "most feature-complete state".
socalTECH
AUGUST 27, 2019
Mobile games developer Seriously , which has offices in Los Angeles and links to the local technology ecosystem, has been acquired by social gaming company Playtika , according to reports. Financial details of the acquisition were not announced, however, the deal is rumored to be around $275M. Seriously is best known for its game Best Fiends , and had run its marketing operations out of Los Angeles, with its game development in Helsinki, Finland.
socalTECH
AUGUST 27, 2019
The University of California San Diego and engine and powertrain developer Cummins are in an effort to develop ways to reuse and repurpose electric vehicle batteries, Cummins said this morning. According to Cummins, the multi-year partnership with UC San Diego and its battery validation lab, will analyze viable business and technical approaches to effectively reuse and repurpose electric vehicle batteries.
socalTECH
AUGUST 26, 2019
For this morning's interview with an entrepreneur, we spoke with Thomas Russell , the Ceo and co-founder of ETC Solar (www.etc-solar.com), a Los Angeles startup developing technology to improve the efficiency and cost of solar cells. We spoke with Thomas on how the company's technology was spun out of Caltech, and why the startup believes the solar cell industry needs its technology.
socalTECH
AUGUST 26, 2019
Thousand Oaks-based Amgen announced this morning that it is acquiring Otezla , the anti-inflammatory drug used to treat psoriasis and psoriatic arthritis, which is currently owned by Celgene Corporation , in a deal worth $13.4 billion in cash. According to Amgen, the deal will help strengthen its inflammation portfolio, and will be worth approximately $11.2 billion net of anticipated future cash tax benefits.
socalTECH
AUGUST 29, 2019
Two, Los Angeles area companies-- LiveXLive , which operates live entertainment and media events and online media, and Allied Esports , and e-sports company, said this morning that they are in a multi-year partnership. According to the two, Allied Esports will provide its fleet of mobile esports venues, the HyperX Esports Trucks, at the music events and festivals run by LiveXLive Media.
socalTECH
AUGUST 28, 2019
Hawthorne-based SpaceX said it successfully retrieved a Dragon resupply spacecraft from the International Space Station on Wednesday morning, filled with almost 2,700 pounds of scientific experiments and other cargo. According to SpaceX, the successful retrieval of the Dragon from the Pacific off of Long Beach marks the first time a Dragon has completed three missions to the ISS The SpaceX Dragon departed the International Space Station on Tuesday and splashed down in the Pacific about 300 miles
socalTECH
AUGUST 28, 2019
Los Angeles-based Ring , the maker of doorbell and security camera systems, has opened up on which law enforcement agencies it is working on. Ring released a map of all the departments with access to its Ring Neighbor Portal , the company's portal which lets local law enforcement agencies request doorbell video from Ring's customers, without the need for a warrant.
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