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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

In a post on Kik’s blog on Friday the MediaLab said that it has “finalized an agreement” to acquire Kik Messenger. “ Kik is one of those amazing places that brings us back to those early aspirations,” the blog post read. .” Now we know the the company: MediaLab.

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Uber Shuts Down

socalTECH

Uber developed software used to upload, organize, and share content through a free web site; the site also provided photo galleries, slide shows, videos, and blogs. 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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Xconomy’s Top Innovation Stories of the Half Year

Xconomy

No PhD, “No Fear”: Alice Zhang, 27, Aims Software at Neuro Diseases. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. Andrea Davis looks at company programs trying to boost the Hoosier State’s talent pool—and get more college grads to stay in the area. A Front Row 5,000 Rows Deep in AltspaceVR’s Virtual Theater.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

—Boston’s PureTech Health, which conceives and launches life science companies, unveiled Sonde Health , which is developing software that listens for warning signs of depression in people’s speech patterns. The technology was funded by the Department of Defense and comes from MIT’s Lincoln Lab.