Tue.May 16, 2017

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NantKwest Names Pediatric VP

socalTECH

Culver City-based cancer immunotherapy developer NantKwest announced this morning that it has named Dr. Leonard Sender as Senior Vice President of Medical Affairs for Pediatric, Adolescent and Young Adult Oncology. NantKwest said the move specifically will help it address pediatric cancer, which it says is the leading cause of death for children in the United States.

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LACI Spring 2017 Cluster Meetings: Built Environment and Transportation

SoCal Tech Calendar

Wednesday, May 17, 2017 -- LACI Spring 2017 Cluster Meetings: Built Environment and Transportation. Los Angeles Cleantech Incubator. You are invited to join us at our next quarterly series of Cluster Meetings on May 17th at the La Kretz Innovation Campus. This upcoming round of cluster meetings will include updates on programming in the respective clusters, industry briefings, and presentations from LACI portfolio companies.

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Leaf Group Names Two VPs

socalTECH

Santa Monica-based Leaf Group Ltd. , the firm that runs Livestrong.com, eHow, Society6, Saatchi Art, and other sites, said on Monday that it has named Jay Ku as Senior Vice President, Advertising and Brand Solutions, and Ruben Baerga as General Manager of Society6. Ku will head up Leaf Group's internal sales and advertising team, and Baerga will run Society6, Leaf Group's print-on-demand marketplace.

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Silicon Beach Report May 16: Upload Raises $4.5 Million

L.A. Business Journal

Upload raises $4.5 million, lens replacement startup Lensabl raises funding, and FilmOn settles lawsuit with broadcasters CBS, Fox, and NBC.

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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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Forge Therapeutics Names Board

socalTECH

San Diego-based antibiotics developer Forge Therapeutics announced oday that it has named its board of directors, adding Mario Polywka (COO of Evotec AG), John Schmid, (former CFO of Trius and Auspex Pharmaceuticals), Stephen Worland (President and CEO of eFFECTOR Therapeutics), Brian T. Dorsey (MagnaSci Ventures), and Zachary Zimmerman (CEO of Forge), with Jonathan Kabakoff (Alexandria Venture Investments) and Jeffrey Moore (MP Healthcare Venture Management) serving as observers.

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Proofpoint Uncovers Second Cyberattack That Uses Stolen NSA Tools

Xconomy

Cybersecurity company Proofpoint, which helped slow the sweeping global ransomware attack WannaCry after it emerged Friday, has now discovered a much more insidious, profitable, and potentially widespread cyberattack called Adylkuzz. Adylkuzz doesn’t demand, as WannaCry does, that victims pay a ransom to retrieve their data. Adylkuzz makes no announcement when it quietly invades target computers.

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Partnership on AI Adds Corporate, NGO Members, Charts Initial Course

Xconomy

Artificial intelligence is a booming business in 2017, but one that also comes with significant baggage in the form of public misunderstanding, potential job losses, and fear. Last fall, A.I. competitors Amazon, Microsoft, Facebook, IBM, and Google banded together to form the Partnership on AI to Benefit People and Society , an industry-led attempt to get ahead of the many social, ethical, and economic issues presented by the advent of technology with increasingly human-like capabilities.

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Newegg Branches Into Third Party Order Fulfillment

socalTECH

Los Angeles-based e-commerce provider Newegg announced this morning that it is branching out into third-party logistics and order fulfillment services, with a new service called Newegg Logistics. According to Newegg, it will offer e-commerce order fulfillment, shipment, and returns for other e-commerce sellers and other businesses, to help other businesses break into online sales.

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Fake Photo Blocker: Truepic Introduces App to Verify Online Images

Xconomy

Craig T. Stack said the idea for Truepic came to him from a multitude of online sources. There’s the matchmaking service founded by his wife Greta, who insists on meeting personally with clients because the photos submitted with some online applications just don’t match—or the image seems decades out of date. There are tales about fake photos of Super Bowl tickets sold on Craigslist and of misrepresented homes rented on Airbnb.

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Hackers Threaten To Release New Disney Pirates Movie, Demand Ransom

socalTECH

Disney's upcoming film, Pirates of the Caribbean: Dead Men Tell No Tales , has reportedly been stolen by hackers, who are now demanding ransom from Disney to prevent the release of the title online. According to both Deadline and THR , the hackers are demanding an "enormous amount" of money, paid in Bitcoin, to keep the title from being posted online.

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Pluto TV Adds New Video On Demand Service

socalTECH

Los Angeles-based free Internet television provider Pluto TV said this morning that i has launched a new, free Video-on-Demand (VoD) service. The company said it will feature content from Lionsgate, Metro-Goldwyn-Mayer (MGM), and Warner Bros. on the new offering. The company said it already provides over a hundred television channels, with thousands of movies and TV shows.

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Lensabl Lands Funding From Amplify, Others

socalTECH

Los Angeles-based Lensabl , a startup which lets online users order up replacement lenses for their prescription glasses, has raised a new round of funding, the company announced today. The size of the funding was not announced. The new funding was led by Amplify.LA and Luma Launch, and also included angel investor JJ List. Lensable allows users to purchase replacement lenses for frames they already own, including both traditional lenses for eyeglasses as well as lenses for sunglasses.

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