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Los Angeles Firm Sells Sex.com For $13M

socalTECH

A Los Angeles company, Escom LLC , has sold domain name Sex.com for $13M, according to a report today from The Register. a stealthy, offshore firm--one of twelve bidders on the domain. Citing documents filed in a California court, the report said that the domain was sold to Clover Holdings Ltd.--a

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Mojix Selected By BP

socalTECH

Los Angeles-based passive RFID tracking technology provider Mojix said last week that it has been selected by BP , for a $7 billion, offshore drilling project. mojix offshore drilling rfid wireless tracking asset' Mojix said it will provide its technology for an oil platform product in the North Sea off the coast of Scotland.

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In 15 Years From Now Half of US Universities May Be in Bankruptcy. My Surprise Discussion with @ClayChristensen

Both Sides of the Table

And I have been impressed with Steven Kaplan and others at University of Chicago (my alma mater), who have been encouraging entrepreneurship through the Polsky Center for Entrepreneurship , through angel investing , seed conferences and changes in teaching. Internationalization of Technology. He spoke about ROCE (return on capital employed).

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Palomar Ventures Teams With Soros On Wireless Investment

socalTECH

Los Angeles-based Palomar Ventures is in a new funding with Soros Fund Management, in a deal worth $128.4M to Illinois wireless firm ExteNet Systems.

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Finding Developers is Tough Again

SoCal CTO

I’m seeing and hearing that it’s becoming tough finding good developers again, at least here in Los Angeles. And it’s not just me, Ben Kuo just posted - Good news for developers (and jobs) We’ve been talking with a lot (and I mean a LOT) of people who are looking for developers in Southern California (Los Angeles and beyond).

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Effort To Punish China Might Hit LA Instead

socalTECH

A new effort to punish China appears to likely to instead hit Los Angeles jobs instead , due to an obscure provision in a national defense bill, which seeks to bar Chinese manufacturers from supplying things like train cars and buses to the United States.

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LAVA Healthcare

SoCal Tech Calendar

LAVA Healthcare is an ongoing conversation about how we might fix the healthcare-industry's mess applying innovation across a wide range of dimensions  including technology, business models, patient involvement, offshore outsourcing, and training programs. LAVA Healthcare is a special interest group of the Los Angeles Venture Association.

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