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Ingram Micro Disputes Report Of Financing Effort

socalTECH

Irvine-based technology distributor Ingram Micro is disputing a report, published by Reuters on Friday, which says the company is looking for additional financing for its business, of up to $4 billion. HNA Group reportedly is in financial distress. READ MORE>>.

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Reflections on 2016: Michael Terpin, Transform Group

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All this holiday season, we have been sharing the reflections on 2016 from the Southern California's technology ecosystem. Michael--despite a recent move to Puerto Rico--is a longtime fixture of the LA technology community, having founded Marketwired here, and is an expert on Bitcoin. He's also a very active angel investor.

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J2 Global's Ziff Davis To Buy Mashable For Around $50M, Says Report

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Los Angeles-based J2 Global --via its publishing arm, Ziff Davis , is getting set to acquire online tech publication Mashable , in a deal worth around $50M, according to a report on Thursday afternoon from the Wall Street Journal. Neither J2 Global nor Mashable have yet announced the deal. J2 Global acquired Ziff Davis back in 2012.

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Technology Trends of 2016

Tech Zulu Event

Technology is constantly evolving and maturing. Internet of things has been THE hot topic for the past couple of years and that trend continues into 2016 and beyond. Solving some of the problems that have been holding the IoT back from realizing its full potential are some of the most compelling technology trends to watch in 2016.

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Reflections On 2016: John Greathouse, Investor, Professor at UC Santa Barbara

socalTECH

This holiday season, we are again sharing the reflections on the year from Southern California's technology community. You'll be able to see all the many 2016 reflections here as they are posted. What is your favorite technology gadget, device, or innovation you ran across this year? Welcome to the 1990's!

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SRAX Runs Into Financial Reporting Issues

socalTECH

SRAX originally was developing Internet advertising technology, but last year jumped on the Blockchain trend and tried to create its own cyrptocurrency product. SRAX--which is listed on the NASDAQ--said its management has also determined a "material weakness related to the accounting for financing transactions".

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MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

socalTECH

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. According to the report, there were 71 deals worth a total of $663.2M READ MORE>>.