Startup Professionals Musings

OCTOBER 21, 2020

Every dark cloud has a silver lining. Driven by the current pandemic, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. I see it most in the newest generation of entrepreneurs (Gen-Y), who were shocked out of entitlement into action by an economic downturn. Donna Fenn, in her book from the last decade, “ Upstarts!

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socalTECH

OCTOBER 21, 2020

Los Angeles-based short form, mobile streamng startup Quibi confirmed on Wednesday afternoon that it is indeed shutting down its service. According to the company, it is winding down the business and looking to sell its content and technology assets. According to Quibi, it has "considered and exhausted every option available to us" and said it was "not succeeding" either because "the idea itself wasn't strong enough to justify a standalone streaming service or because of our timing.

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Southern California Edison Blog

OCTOBER 21, 2020

Which should your organization choose? When determining the best underlying infrastructure to deliver reliable and effective network communications, enterprises, telecom carriers, academic institutions, and government agencies have two main options: wired vs. wireless backhaul. While each option has its unique advantages and disadvantages, backhaul that works for one business may not be the best fit for another.

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socalTECH

OCTOBER 21, 2020

Los Angeles-based Beyond Limits , the artificial intelligence software developer which recently raised a big, $133M funding round, has linked with management consulting firm The Carnrite Group , the two said on Wednesday. According to the two, they are partnering to promote artificial intelligence awareness in the energy and industrial sectors. The Carnrite Group focuses on oil and gas, utility, power, and industrial customers.

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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.

Company

SoCal Tech Calendar

OCTOBER 21, 2020

Tuesday, October 27, 2020 --.

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socalTECH

OCTOBER 21, 2020

Los Angeles-based Quibi is shutting down and has hired a restructuring firm to help it wind down the company, with co-founder Jeffrey Katzenberg confirming to investors on Wednesday that the company will shut down, according to a report from the WSJ. The report--citing "people familiar with the matter", which seem to include some of the company's investors--says that Quibi hired a restructuring firm in recent weeks to evaluate options, with one of those options a shutdown of the company.

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socalTECH

OCTOBER 21, 2020

Los Angeles-based Output , a startup developing music creation software aimed at professional artists, has raised $45M in a Series A investment. The funding came from Summit Partners. Output says its software is used by such artists as Drake, Coldplay, Justin Bieber, Rihanna, Kendrick Lamar, and Justin Timberlake. According to Outtput, its software-as-a-service offers up loops, samples and melodic content, making it easier for professionals turn those loops and sounds into tracks.

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socalTECH

OCTOBER 21, 2020

San Diego-based artificial intelligence and robotics company Brain Corp says it is expanding its deployment of its technology to Sam's Club. According to Brain Corp., Sam's Club is adding 372 autonomous floor scrubbers, which are manufactured by Brain Corp partner Tennant Company, beginning this fall. Brain Corp's software is used in those floor scrubbers to both automatically clean floors--as well as take shelf inventory.

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socalTECH

OCTOBER 21, 2020

Time might be running out for Los Angeles-based mobile video streaming service Quibi , according to a report , which says that Quibi founder Jeffrey Katzenberg is considering shutting down the company. The high flying content startup--which has been seeing lackluster uptake by consumers--apparently also has also been trying to sell its content library to such companies as NBCUniversal and Facebook.

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