Berkonomics
JANUARY 5, 2017
In the non–profit world, the term, “time, talent and treasure” has been used so often it is almost at the edge of being trite. It’s used in that arena to describe a volunteer’s sacrifice in support of the non–profit enterprise. I have been surprised to discover that it seems undiscovered in the business world. So, let’s bend the meaning to help us focus on resources while preserving those words.
L.A. Business Journal
JANUARY 5, 2017
Imax Corp. will open a virtual reality arcade at the Grove shopping center at the end of this week. The facility is the first of six planned virtual reality arcades worldwide, including spaces in Great Britain, Japan, and China.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
socalTECH
JANUARY 5, 2017
Irvine-based medical device manufacturer Axonic Modulation Technologies announced this morning that it has received marketing approval in Canada, from Health Canada. The company's medical devices are used to treat overactive bladder and incontinence issues. The company said the marketing approval means its products meets all of the Canadian Medical Devices Regulations, Section 36, allowing it to market its systems throughout the country.
L.A. Business Journal
JANUARY 5, 2017
Imax to launch VR arcade in Los Angeles, former Snapchat executive alleges app misrepresented growth numbers, and Hulu to add CBS to live streaming service.
Advertiser: Aggregage
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.
socalTECH
JANUARY 5, 2017
Wingsland Technology , a Chinese manufactuer of drones for the consumer market, announced on Wednesday that it has opened up its first international office, in Los Angeles. According to the company, the new office will help it service the growing U.S. market. Wingsland said it has opened up an office in the City of Industry, which will include a warehouse, local inventory, and a product, customer service team, and dedicated marketing and sales team.
Xconomy
JANUARY 5, 2017
[ Corrected 1/5/17, 8:07 am to show company was spun out of UW two months ago. ] A San Diego-based startup spun out from the University of Washington just two months ago is today announcing a $35 million deal with Takeda, Japan’s biggest pharmaceutical. PvP Biologics was founded to advance KumaMax, a synthetic enzyme (depicted in the above image) that shows promise as an oral drug for treating celiac disease.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
JANUARY 5, 2017
Grail, the Menlo Park, CA-based diagnostic startup unveiled last year by the genome sequencing giant Illumina (NASDAQ: ILMN ), plans to raise over $1 billion from undisclosed strategic industry partners and other investors, according to a statement today from Illumina. Grail has hired Goldman Sachs to handle the massive deal, which is expected to close before March 31st.
socalTECH
JANUARY 5, 2017
E-commerce giant Amazon.com is reportedly eyeing a bid for bankrupt Los Angeles fashion retailer American Apparel , according to Reuters. Amazon.com joins Forever 21, Next Level Apparel and Authentic Brands Group LLC among companies which are looking at buying American Apparel out of bankrupcy, according to the report. American Apparel filed for bankruptcy in November.
Xconomy
JANUARY 5, 2017
As a Microsoft employee, I had the opportunity to work with some of the most brilliant minds in technology. The profile of my team members were similar to the United Nations. They were of every racial and religious mix. They contributed their unique genius shaped by their individual diverse experiences. I know the value of a diverse team first hand, and I bring that knowing into practice wherever I go.
socalTECH
JANUARY 5, 2017
Venice, California-based Snap, Inc. , the parent company of Snapchat , has filed lawsuit in the Los Angeles County Superior Court, alleging that he was fired for refusing to tell lies to potential IPO investors. The lawsuit, filed by Anthony Pompliano, claims that Snapchat used false statistics on user numbers to recruit Pompliano from Facebook, and that Snapchat has since made it difficult for him to find a new job.
socalTECH
JANUARY 5, 2017
San Diego-based Lynx technology , a developer of software for managing media libraries and smart home devices, said today that it has launched its first product, called SmartLynx 1.0. The product, aimed at the "smart home" market, is aimed at embedding into wireless routers, gateways, set-top-box (STB) and network attached storage (NAS) devices. Lynx Technology said the product is based on "Twonky", a product which was originally developed by PacketVideo, and also said its technology team is the
socalTECH
JANUARY 5, 2017
San Diego-based Neurelis , a developer of a drug treatment for epilepsy, has raised a Series B round of funding, the company said this morning. Size of that funding was not announced. The funding was led by HBM Healthcare Investments, and also includes earlier investor LYZZ Capital. According to Neurelis, the funding will go towards clinical trials of its intranasal drug aimed at treating pediatric, adolescent, and adult epilepsy patients who experience acute repetitive or cluster seizures.
socalTECH
JANUARY 5, 2017
San Diego-based biopharmaceuticals firm PVP Biologics , which is developing treatments for celiac disease, has received $35M from Takeda Pharmaceutical Company Limited , the companies announced on Thursday. The two said that Takeda will fund $35M in expenses for PVP Biologics, in exchange for an exclusive option to acquire PvP. PVP said it is developing an enzyme therapy, which breaks down the immune-reactive parts of gluten in the stomach, which cause the painful symptoms and damage due to glut
socalTECH
JANUARY 5, 2017
Poway-based Cohu , which manufactures semiconductor test and inspection equipment, said today that it has completed its acquisition of Japanese company Kita Manufacturing Co. LTD. The deal was worth $15M in cash, with up to $3M in earn out. Kita Manufacturing is a designer and manufacturer of "spring probe contacts", test devices which are used in PCB board testing manufacturers.
socalTECH
JANUARY 5, 2017
William K. Bowes, Jr. , the founding shareholder and chairman and treasurer of Thousand Oaks-based Amgen , has died, at the age of 90. Bowes--who also founded venture capital firm USVP --died peacefully in his home on December 28th. Amgen said that "without Bowes, there would be no Amgen". The firm said that Bowes was instrumental in coming up with th eiea to launch the biotech company that would become Amgen.
socalTECH
JANUARY 5, 2017
Los Angeles-based Hulu is planning on charging less than $40 a month for its upcoming, live television service, according to the company on a conference call on Tuesday. The pricing for the service was announced at a conference in Las Vegas which is running in parallel with CES. The new Hulu service will give users live access to live television, and will go up against AT&T's DirecTV Now.
socalTECH
JANUARY 5, 2017
San Diego-based Molecular Stethoscope , a biotechnology startup developing a blood-based, liquid biopsy platform for early detection and monitoring of disease, has raised $8.2M in a seed funding round. The funding came from Data Collective, Pfizer, Index Ventures, an un-named research university, and angels. The company said it is initially targeting its testing for diagnosing cardiometabolic and neurodegenerative diseases.
Expert insights. Personalized for you.
226 
Let's personalize your content