Trending Articles

AEG Invests in E-sports Team Immortals

L.A. Business Journal

E-sports is finding a home in downtown. Anschutz Entertainment Group announced an investment in e-sports franchise Immortals that makes it a team owner and home-venue operator for the team

What is the Right Burn Rate for your Startup?

Both Sides of the Table

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is.

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Trending Sources

The World’s First Augmented Reality Dating App Is Finally Here

Tech.Co

Before Pokémon Go hit smartphones around the world like a ton of bricks, the augmented reality discussion was cemented in a futuristic image of the tech. Think Ironman’s heads up display without the cumbersome helmet and the English voice assistant.

Should Startups Care About Profitability?

Both Sides of the Table

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters.

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Silicon Beach Report June 15: Scopely Raises $60 Million

L.A. Business Journal

Scopely raises $60 million, VentureDevs to open West Hollywood office, and tech startup HelloTech powers Altice service

Sphero Rolls Out Talking Spider-Man Toy With Disney

socalTECH

Sphero , the robotic toy developer which was part of the Disney Accelerator program in Burbank, has again teamed up with Burbank-based Disney on a robotic toy--this time, a miniature Spider-Man which can tell jokes and talk with users. The new Marvel Spider-Man includes speech recognition, animated eyes, automatically updated content, and interactive Spider-Man themed content accessible via smartphone. The new device costs $149.99.

Introducing Xconomy Voices (Podcast), Episode 1: Mary Lou Jepsen

Xconomy

It’s always been Xconomy’s mission to reach audiences—both here on our website, and at our many live events around the country—with deep insights into the innovation process, divined from experts embedded in the world’s most important hubs of high-tech entrepreneurship.

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Expert Dojo Investor Festival

SoCal Tech Calendar

Wednesday, June 28, 2017 -- Expert Dojo Investor Festival. Q2 Investor Festival – Where Startups Meet Investors. You have been working hard building the foundation for a great business. Now its time to meet strategic investors who can provide you the investment you need to grow to the next level. Without a doubt we have over 80 of the highest caliber investors attending and can cater for seed, series A and series B funding. We have something for every great startup. See [link].

Will tech kill your job?

Berkonomics

Close. Stop me if you’ve heard this story before. “My My job as a (newspaper publisher telephone installer, stockbroker, travel agent, retail store manager) is safe as this economy continues to grow.” Thought so. We are in a decade of creative destruction that will affect most everybody.

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Hyperloop Transportation Technologies Partners With South Korea

L.A. Business Journal

Hyperloop Transportation Technologies has announced new partnerships with South Korean entities as it moves forward on its plans to implement its patented technologies in South Korea

BlockFraud Finds $5M For Anti-Fraud Software

socalTECH

Santa Monica-based BlockFraud , a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The funding was led by Palisades Venture Capital. BlockFraud is led by CEO Massimo Cristini. READ MORE>>. blockfraud antifraud software artificial intelligence machine learning venture capital

Synthetic Genomics’ “Breakthrough” Algae Produces Twice as Much Oil

Xconomy

[ Updated 6/19/17 1:17 pm. See below. ] The San Diego biotech company Synthetic Genomics and supermajor ExxonMobil (NYSE: XOM ) said today they have successfully inserted a gene in a particular strain of algae that more than doubled its oil content without slowing down the algae’s rate of growth. The two companies described the work in a statement as a “breakthrough in algae biofuel research.”

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LAVA's First Look LA

SoCal Tech Calendar

Wednesday, June 28, 2017 -- LAVA's First Look LA. Join us at Cal State Los Angeles for a full day of innovations and technologies presented by the region's finest researchers and inventors! This technology preview is geared for Serial Entrepreneurs, Angel Investors, and Venture Capital Investors.

UCI 2

What do you give up when taking outside investors?

Berkonomics

Taking in angel or venture money requires a setting of an entrepreneur’s expectations that may come as a shock at least at first.

Snap and Time Warner Sign $100 Million Content Deal

L.A. Business Journal

Snap Inc. and Time Warner Inc. announced a global partnership to develop made-for-Snap shows over the next two years. The deal, reportedly valued at $100 million, will include both entertainment and advertising content

Belkin, D-Link, Linksys On Compromised CIA Router List

socalTECH

Routers from Playa Del Rey-based Belkin and subsidiary Linksys , as well as Fountain Valley-based D-Link , have appeared on a new list of Internet routers which have been compromised by the Central Intelligence Agency (CIA), according to reports on Thursday. The list of router manufacturers involved include Asus, Belkin, Buffalo, Dell, DLink, Linksys, Motorola, Netgear, Senao, and US Robotics.

Alzheimer’s Drug Pipeline Analysis: Have We Hit Peak Amyloid?

Xconomy

A 2014 report provided a stark frame of reference for the challenge of fighting Alzheimer’s disease, showing that 99.6 percent of all drugs in the field had failed in one way or another. Led by Jeffrey Cummings, director of the Cleveland Clinic’s Lou Ruvo Center for Brain Health, the same authors recently published a new report on the Alzheimer’s drug pipeline.

LAVA's First Look LA

SoCal Tech Calendar

Wednesday, June 28, 2017 -- LAVA's First Look LA. Join us at Cal State Los Angeles for a full day of innovations and technologies presented by the region's finest researchers and inventors! This technology preview is geared for Serial Entrepreneurs, Angel Investors, and Venture Capital Investors.

UCI 2

Education Software Startup GoGuardian Launches AI Platform

L.A. Business Journal

El Segundo-based education software startup GoGuardian has launched Admin 2.0, a platform that uses artificial intelligence to enhance students’ behaviors online, according to a statement

Silicon Beach Report June 19: Snap Signs $100 Million Deal With Time Warner

L.A. Business Journal

Snap signs $100 million deal with Time Warner, Garcetti, Musk discusses tunnel possibility and cloud service company wants $550 million

Economic Study Ranks San Diego Near Top in Genomics Innovation

Xconomy

An economic impact study of San Diego’s emerging genomics industry counted 115 genomics-related companies operating in the region that directly employ over 10,000 people, and drive about $5.6 billion worth of annual economic benefits throughout the area.

Silicon Beach Report June 20: Hyperloop Transportation Technologies Partners With South Korea

L.A. Business Journal

Hyperloop Transportation Technologies Partners with South Korea, AEG invests in e-sports team Immortals, Chinese tech company invests $179 million in Newegg, and more

Snap, Time Warner Sign $100M Content And Ad Deal

socalTECH

Venice, California-based Snap , the parent company of Snapchat, and Time Warner announced on Monday that the two are in a $100M deal, where the two will collaborate on both content and advertising. According to the companies, Time Warner will develop and produce shows for Snapchat, from its wide range of networks and entertainment companies. The two also said Time Warner will purchase advertising for HBO, Turner, and Warner Bros. on Snapchat over the next two years. READ MORE>>.

Firm Victimized In Netflix Hack Details Breach

socalTECH

The Los Angeles area studio, Larsen Studios which is at the center of the unauthorized release of episodes of Orange Is The New Black , has detailed how an old version of Windows as behind a massive breach of its network. In an in depth interview with Variety, the company said that--despite paying a Bitcoin ransom worth $50,000 to those hackers--those hackers released 10 episodes of the Netflix online. The hackers also apparently got away with other content from Netflix, ABC, CBS and Disney.

Bio Roundup: Trumpcare is Mean, SCOTUS Says Go, Merck’s Myeloma No

Xconomy

What exactly does the American Health Care Act, the Republican proposal to replace Obamacare, currently look like? Few people know, because the Senate version is being negotiated behind closed doors in Washington D.C. without any public hearings. We do know President Trump now thinks the version of the AHCA that squeaked through the House is “ mean.”

Startup Pioneers EV-to-Grid Technology in Pilot at UC San Diego

Xconomy

Nuvve , a San Diego cleantech startup, has begun a pilot project with UC San Diego that is intended to demonstrate the feasibility of using electric vehicles as a kind of collective energy storage reservoir for the power grid. After securing a $4.2 million grant from the California Energy Commission this week, Nuvve and UC San Diego said the company would install its “vehicle-to-grid” (V2G) charging system in 50 new EV chargers at UC San Diego.

Hangzhou Liaison Interactive Information Technology Co. Invests $179 Million in Newegg Inc.

L.A. Business Journal

A Chinese tech company announced Tuesday that it would invest more than $179 million to increase its stake in online electronics retailer Newegg Inc. to almost 94 percent from 55.7 percent, according to Bloomberg

Cybereason Gets $100M to Fend Off Cyber Attacks—and Competitors

Xconomy

Lior Div just raised a $100 million funding round for his security-tech company, Cybereason. A daunting task, to be sure. “It’s It’s very hard to raise money,” says Div, the company’s CEO and co-founder. “I I see it all the time with colleagues of mine, founders. But if you really have a good, unique solution that’s proven, I believe people are more willing to put the money there.”