Wed.Dec 04, 2019

VICE Digs Into Ring

socalTECH

In a three part series, VICE has decided to dig into the background and history of Santa Monica-based Ring , and how the company--and founder, Jamie Siminoff--turned the device into one of the most successful electronics products out there today, in addition to digging into the controversy behind the company's cozy relationship with law enforcement.

Preccelerator Workshop: Employment Contracts and Alternative Compensation for Startups with Louis Wharton

SoCal Tech Calendar

Tuesday, December 10, 2019 --.

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AWS Opens New Los Angeles Zone

socalTECH

Amazon Web Services (AWS), the cloud computing service of Amazon, has launched anew Los Angeles zone, which will give local customers and companies much faster access to the AWS cloud. According to AWS, the new zone will provide very low latency (single-digit millisecond) access to application access from Los Angeles and other locations in Southern California.

As Alzheimer’s Conference Kicks Off, All Eyes Are on Biogen’s Drug

Xconomy

It’s the “era of neuroscience”; an industry “turning point”; and “an amazing time”—superlatives were flowing freely as the 11th annual Clinical Trials on Alzheimer’s Disease Congress (CTAD) kicked off in rainy San Diego late Wednesday afternoon.

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.

Accel Robotics Finds $30M For Automated Convenience Stores

socalTECH

San Diego-based Accel Robotics , which is developing technology to enable automated, robotic convenience stores where users can simple enter, grab items, and have the payment for those items automatically charged--without a need for a cashier--has raised $30M in a Series A funding round. The funding was led by SoftBank Group Corp.

Digital Health Survivors & Innovative Incumbents Must Team Up for True Disruption

Xconomy

Editor’s note: This is Part 2 of a two-part post about innovation in digital health, co-authored by Rob Coppedge, CEO of Echo Health Ventures. Read Part 1 here. The Path Forward Between Echo Health Ventures and Blue Cross and Blue Shield of North Carolina, we work deeply on both sides of these partnerships and have perspective that accelerate their development or shut them down. Our advice to startups wanting to ensure Digital Health Survival always includes: 1.

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6 Experimental Alzheimer’s Disease Diagnostics Projects Get Funding Boost

Xconomy

Scientists gathered this week in San Diego at the annual Clinical Trials on Alzheimer’s Disease Congress are focused on ways to treat the neurodegenerative disease, a task that continues to vex those working to develop potential medicines. Others are working on an intimately related problem: early detection of the disease and related dementias.

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Riot Pays $10M To Settle Discrimination Lawsuit

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Los Angeles-based videogame developer Riot Games has agreed to pay at least $10M to settle a gender discrimination, class action lawsuit, which had been filed in November of 2018. According to the LA Times, court documents show that there are approximately 1,000 women who worked for Riot since November of 2014 who are part of that class action lawsuit, who will be entitled to a payment from the $10M settlement.

8 Attributes Shared By Most Successful Entrepreneurs

Startup Professionals Musings

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession.

Postscript Picks Up $4.5M

socalTECH

Los Angeles-based Postscript , a provider of enterprise SMS marketing software for the Shopify platform, has raised $4.5M in a funding round, the company announced this morning. The funding came from Y Combinator, Accomplice, 1984vc, and Ali Capital plus angels Paul English (founder of Kayak), Kevin Hale (founder of Wufoo), Mathilde Collin (founder of Front), Andrew Bialecki (founder of Klaviyo), Elias Torres (founder of Drift), and Eric Rea and Dennis Steele (founders of Podium).

Podcorn Launches Podcast Advertising Platform

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Los Angeles-based Podcorn , a venture-backed startup offering up native podcast advertising and matching, has launched its platform, saying that its platform will help advertisers discover and run native ads on podcasts. The startup--led by David Kiezkowski and Agnes Kozera, the former founders of Famebit--said it is looking to help the 85 percent of podcasters who are not monetizing their podcasts, through connecting those podcasters to brand partners.