Fri.Sep 28, 2018

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Netradyne Raises $21M For Vision Recognition Tech

socalTECH

San Diego-based Netradyne , a developer of artificial intelligence and "deep learning" software used for vision recognition--particularly in autonomous vehicles--has raised $21M more in a funding round. The funding was led by M12, the venture fund run by Microsoft, as well as Reliance Industries and Point72 Ventures. According to Reliance Industries, which is based in India, it invested $8M in the round, and it now owns 37.4 percent of the startup; Reliance had invested $16M in Netradyne in 2016

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Silicon Beach Report Sept. 28: Is Disney Looking for an Even Larger Stake in Hulu?

L.A. Business Journal

Disney may be looking to snag a larger stake in Hulu; GLAAD includes video games in awards; H Code launches digital marketing

Hulu 113
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H Code Launches Digital Marketing, Media Product

socalTECH

Santa Monica-based H Code , which provides digital advertising services around reaching the U.S. Hispanic market, says it has rolled out a new product it calls Tastemakers. According to H Code, the new product offers up a "fully integrated" digital marekting and media solution to connect brands and agencies with U.S. Hispanic consumers. The company said Tastemakers is a "multi-platform" offering which includes digital advertising, social media, and branded content, including content creation, pr

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MWD Taps Culver City Firm on Water App

L.A. Business Journal

Metropolitan Water District and Culver City water monitoring system maker team up.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Report: Elon Musk, Tesla Turned Down Settlement With SEC

socalTECH

A report--published this morning by CNBC--says that Elon Musk turned down a settlement offer with the SEC , which would have barred him as Chairman of Tesla for two years, and required two independent directors, but where Musk would neither admit or deny culpability. The report said the refusal to reach a settlement with the SEC triggered yesterday's lawsuit by the SEC against Musk, seeking both civil penalties and to bar Musk from being an officer or director of any public company.

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Adopt An Entrepreneur Mindset To Enhance Your Career

Startup Professionals Musings

One of the big differences between an entrepreneur and an employee of a big business is that employees tend to have a very narrow focus on their job, while entrepreneurs have to keep the broader focus on business. Both want personal satisfaction and financial success. In fact, U.S. entrepreneurs consistently claim to be happier , and have a higher net worth than employees.

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XRC Labs Showcases Retail Tech Innovations in VR, AI, Big Data

Xconomy

XRC Labs, an accelerator program focused on e-commerce and retail startups, held a demo day for its latest class Thursday, featuring innovations in artificial intelligence, virtual reality, and other technologies. The group of 10 startups is the sixth class for New York-based XRC , which was founded three years ago to promote innovation in the disruptive age of Amazon.

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Bio Roundup: Amarin’s Stunner, Lung Cancer News, Data Dumps & More

Xconomy

Six years ago, a biotech called Amarin won FDA approval of a prescription fish-oil pill, Vascepa, because it could lower triglycerides, a type of fat in the blood. But Amarin didn’t have the evidence that lowering triglycerides with fish oil would really help people. Sales lagged. Amarin’s shares sank. While other groups tested other fish oils and found no evidence of concrete cardiovascular benefits , Amarin pressed on with a massive study, bleeding cash for years.

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