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Report: Chumby Has Shut Down

socalTECH

San Diego-based Chumby , which had developed Internet-connected, alarm-clock like devices and similar technology, has shut down, according to a report Friday. The Verge, which first reported the news, said that Chumby's employees are now working for Technicolor, and the firm is looking to sell off its technology. READ MORE>>.

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Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

and San Diego’s Avalon Ventures. Avelas plans to use the new funding to advance development of AVB-620, the company’s lead diagnostic agent, for use in breast cancer surgeries, CEO Carmine Stengone told me yesterday. Avalon partner Jay Lichter plans to continue serving as Avelas’ chairman, Stengone said.

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Ortiva Wireless Adds Mobix

socalTECH

La Jolla-based Ortiva Wireless , a developer of products for managing mobile video streaming, said this morning that it has signed on Mobix Interactive as a customer. Ortiva's venture backers are Artiman Ventures, Avalon Ventures, Comcast, and Mission Ventures. Financial impact of the customer win was not disclosed. READ MORE>>.

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Broadcom, Chumby Link On Set Top Box Effort

socalTECH

Irvine-based Broadcom and San Diego-based Chumby are working together to integrate Chumby's technology into set top boxes, the firms announced this morning. Chip maker Broadcom said that it is integrating Chumby's rich media Internet platform into a system-on-a-chip for digital television and set-top boxes.

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Vision, School, & Work | Interview with Jim Farley CMO Ford Motors

Tech Zulu Event

The Connected Car , where automotive and technology (outside of vehicle performance and earth saving “greenness”) collide. Auto-interfaces are clunky, and when a lot of these big tech companies IPO’d, a lot of them developed products that were endemic to the car industry – navigation, social graphs, etc.