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Uber Shuts Down

socalTECH

Los Angeles-based Uber, the online social networking web site run by former Friendster CEO Scott Sassa, has shut down. According to the firm's web site, as of September 29, the firm's investors have decided to stop supporting the site, and the company has closed its doors. READ MORE>>

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Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News

Xconomy

—Big Merck shuffle: The drug giant will open new labs later this year in Cambridge focused on microbiome research, and another site in South San Francisco focused on cardiometabolic disease and oncology discovery. —Enough good trial news. —In other Merck news, U.K.

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