Fri.Mar 17, 2017

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Celebrities Become Well-Known as Tech Funders

L.A. Business Journal

Firms have grown familiar in helping celebrities put their money on the next rising-star startup.

Help 186
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Kite Pharma Names UCLA Researcher As New Board Member

socalTECH

Santa Monica-based cancer treatment developer Kite Pharma announced on Thursday that it has named Owen N. Witte, M.D., founding director of the Eli and Edythe Broad Center of Regenerative Medicine and Stem Cell Research at the University of California Los Angeles (UCLA), to its board of directors. Witte is already on the company's Scientific Advisory Board, where he had been chairman for the past eight years.

UCLA 113
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Silicon Beach Report March 17: Kite Pharma Names UCLA Researcher to Board.

L.A. Business Journal

Kite Pharma names UCLA researcher to board of directors, Embark Ventures looks to raise $50 million venture capital fund.

UCLA 100
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Inseego Delays 10-K Filing

socalTECH

San Diego-based Inseego Corp. , which until recently was known as Novatel Wireless, said on Thursday that it has delayed its 10-K filing for its fiscal year ended December 31, 2016. The company says it has filed a form 12b-25 due to the delay, which it says came due to a delay in obtaining and compiling information required to be included in its 10-K.

San Diego 113
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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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Robot Gears Up as Cook

L.A. Business Journal

Miso’s patty-cooking robotic arm, “Flippy,” is giving CaliBurger a hand in the kitchen.

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Qualstar Continues To Look At Strategic Options

socalTECH

Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M for the quarter ended December 31, 2016. The company reported a net loss of $1.2 million for the year, on revenues of $9.4M.

Layoffs 113

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Wpromote Opens Apps For Student Scholarship

socalTECH

Los Angeles-based digital marketing agency Wpromote has opened up applications for several student scholarships, with the top prize being a MacBook Pro and $500. According to Wpromote, it is accepting applications from U.S. legal residents who are undergraduate or graduate students in who are currently enrolled full-time at an accredited university in the U.S.

Writing 113
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With New Data, Amgen Promises Refund If Cholesterol Drug Doesn’t Work

Xconomy

Stung by slow sales of its next-generation anti-cholesterol drug, Amgen hopes new clinical data, released this morning, will spur doctors to boost prescriptions and—perhaps more important—drive insurers to loosen their restrictions. The data, from a massive study of more than 27,000 patients, come at a time when drug and healthcare prices are a top U.S. political issue, and pricey new cholesterol drugs have been a key battleground.

Study 87
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6 Keys to Becoming an Influencer for More Business

Startup Professionals Musings

The most powerful way to grow your business and your career these days is to become a visible influencer in your domain. People follow influencers on social media to find what they buy, who they vote for, and which social causes they support. You don’t have to be the smartest person in the room to be an influencer, but you do have to understand and practice some key techniques.

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Talking Driverless Cars, March Madness on Stocks and Jocks Radio

Xconomy

I hit the airwaves Friday morning to talk venture capital, startups, self-driving cars, and March Madness. Stocks and Jocks , a Chicago-based weekday business and sports talk radio program, invited me on the show to share my thoughts on some of the latest trends in the startup world. Hosts Tom Haugh and Kathy Dervin bantered with me about the challenges of building companies outside the coastal tech hubs, how long it will really take to make fully autonomous vehicles a reality, whether our paten

Patents 52
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Bio Roundup: Trump Budget, FDA Chief, CAR-T Qs, CRISPR Cash, & More

Xconomy

If it wasn’t clear that the Trump administration disdained most types of scientific inquiry and practice, the White House’s proposed budget drove the point home. The top-line figures: a nearly 20 percent cut in the National Institutes of Health, and a 30 percent cut in the Environmental Protection Agency. Other cuts to programs for the poor prompted this tweet from Sue Desmond-Hellman, the head of the Bill and Melinda Gates Foundation.

Invest 52