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Amazon’s Selz Acquisition is Encouraging News for Small Businesses

Tech.Co

Many have seen the acquisition as an attempt to fight back against Shopify's rampant growth during the coronavirus pandemic. The Amazon/Selz Acquisition. Amazon's acquisition of Selz doesn't represent a dramatic change to its business model. To put it simply, Amazon is getting instant access to a market it used to operate in.

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News Corp. In Repeat With Sale To Local Tech Firm

socalTECH

spends hundreds of millions of dollars on a media property, runs it for about seven years, and then decides to unload that same property for a fraction of the price it paid to a Southern California technology--not media--company. Local technology firms here actually look to be the home to quite a few of News Corp.'s

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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

This type of funding aims to facilitate cooperative research and development efforts research between small business concerns and non-profit US research institutions, with the potential for commercialization of innovative technological solutions. Learn more about the SBIR grant, and how to apply here.

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Dell Technologies Goes Public About $100M Venture Capital Arm

Xconomy

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

Broadcom Powering New Mac Wireless. Acquisition of note: Nexsan Acquired For $120M, by Imation. 9 Ways socalTECH Can Help You With Your New Year's Resolutions. LaunchpadLA Opens Up Spring Applications. Independa ($5M, San Diego, software for senior independence). AwarePoint ($4M, San Diego, real time patient location systems).

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Rubicon Project Up 33.60 Percent In IPO

socalTECH

Santa Monica-based The Rubicon Project , which develops ad optimization technology and operates a related online advertising exchange, closed up 33.60% at $20.04 in its first day on the markets, after its debut as RUBI on the New York Stock Exchange. Rubicon was venture backed by Clearstone Ventures, News Corp., and Mayfield.

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Lead Edge Capital Raises Fifth Fund, Worth $950 Million

socalTECH

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

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