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Study: U.S. E-Commerce Drops In Q4

socalTECH

The drop follows double digit gains throughout 2007 and the first half of 2008 in year-to-year ecommerce sales. Among the winners in e-commerce for 2007: video games, consoles, and accessories, which saw increases of 29% year to year in sales; homes, garden, and furniture, with 25%; and sports and fitness also at 25%.

Commerce 100
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Study: Angel Investments Drop In 2008

socalTECH

The Angel Capital Association reported this week that investing activity by angel investments groups dropped by nine percent between 2008 and 2007, and 40 percent of angel groups expect overall investment to decrease again this year.

Invest 100
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USC, New York Times Partner On Online Education Courses

socalTECH

The University of Southern California and the New York Times said this week that the two are partnering to provide online, continuing education courses this fall, across seven different study areas. The NYTimes has been running its educational efforts since September of 2007.

Education 157
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Organovo to Test “Patches” for Patients Awaiting Liver Transplants

Xconomy

Organovo unveiled its plans to develop “therapeutic” tissue after showing in preclinical animal studies that bio-printed liver patches successfully grafted, formed blood vessels, and functioned normally, according to a statement today. liver transplant waiting list. Such capabilities, though, remain years and perhaps even decades away.

San Diego 105
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Report: Online Search Terms Reflect Financial Turmoil

socalTECH

A study of online search terms, released this week by comScore, is finding that the turmoil in the financial market is not only taking its toll on consumer's pocketbooks, but also their online search behavior. comScore is a firm that tracks online web traffic and ecommerce.

Report 100
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Regulus Shares Crumble As FDA Halts Testing of Hepatitis C Drug

Xconomy

Regulus reported that a second serious case of jaundice, or a yellowing of the skin and eyes, in a Phase 1 study of RG-101. Regulus said the hold won’t impact timelines for its three ongoing studies of RG-101, because it has already treated the patients in those trials—two Phase 2 studies and a single Phase 1 study.

Study 52
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Study: $48 Billion In Value Created Over 15 Years In SoCal IT VC-Backed Firms

SoCal Delicious

A new study of the financial outcomes for Southern California venture-backed companies in the IT sector finds that approximately $48 billion in value has been created by those companies over the period 1995-2009. Funk then focused the analysis on the 731 documented exits for the period 1995-2009. IPO in 1996).