Mon.Mar 21, 2016

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Ring In Effort With LAPD On Burglary Prevention

socalTECH

Los Angeles-based connected doorbell developer Ring has apparently been installing its camera-enabled, Wi-Fi connected doorbells as part of a burglary prevention program with the Los Angeles Police Department (LAPD). The LAPD and Ring said today that they will be announcing the results of a successful program to prevent burglaries in Wilshire Park, as part of a pilot program where Ring donated its Ring Video Doorbells to residents to reduce overall burglary in neighborhoods.

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Apple Announces Two New Products and New Apple Watch straps

Tech Zulu Event

Apple fans, rejoice! On Monday, Apple unveiled the new 9.7-inch iPad pro and the newest iPhone SE. The newest iPhone SE is a throwback to older models due to it’s four-inch display yet combined with the power of the 64-bit A9 chip, which was introduced in the iPhone 6 and 6s Plus. This will come as a welcome surprise to any users who may have been at odds with the larger displays of the iPhones 6 and 6S.

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Lytx Wins Michigan Trucking Company

socalTECH

San Diego-based Lytx , which develops camera-based driver monitoring systems for the fleet transportation market, reports a win this morning with a Michigan based trucking company, Martin Transportation Systems. Lytx said Martin will use its DriveCam products for its 1,3000 drivers. Financial impact of the win was not disclosed. The companies said the adoption of the Lytx DriveCam product will help Martin reduce its costs on a high deductible insurance policy, and also help identify and improve

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7 Tools Businesses Can Use to Improve Employee Management

Tech Zulu Event

Time and effort are everything to a small business owner. They need the skills necessary to run their business. They can utilize seven tools to improve employee management. Among the tools are BoostSuite, Blue Coat, Boomerang, and QuickBooks. Other tools include Zenefits, Genbook, and HipChat. 1. BoostSuite. This application program helps small businesses to optimize their websites for marketing purposes.

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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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J2 Global Acquires Callstream

socalTECH

Los Angeles-based J2 Global has reportedly acquired Callstream , a UK-based provider of cloud-based, contact-management and call management software for the UK insurance, travel, and retail market. Financial terms of the deal were not announced. The deal was announced in the UK by YFM Equity Partners (YFM) and Octopus Investments (Octopus), which said they had sold their stakes in Callstream to J2 Global; J2 Global had not yet announced anything on the deal publicly or in any regulatory filings

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5 Attributes Of People Who Will Grow Your Business

Startup Professionals Musings

A question I often get asked as an advisor to startups is how to recognize and attract the best people to grow the business. The reality is that entrepreneurs usually don’t have the money or time for executive recruiters to do the filtering and selection for them. If your primary source of candidates is friends, family and Craigslist , is it possible to get any high-quality team members?

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FAA: Drone Nearly Collides With Airliner At LAX

socalTECH

The FAA and said Friday that a drone nearly collided with a commercial jetliner on Friday afternoon, while it was approaching Los Angeles International Airport (LAX). According to officials, the drone came within 200 feet of the airliner, when it was at around 5,000 feet. The LAPD was unable to find the drone or its owner. Legally, drones cannot fly above 500 feet above ground level, and drones are not allowed within 5 miles of the airport.

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TrueCar Starts Ranking Pre-Owned Vehicles In Annual Award

socalTECH

Santa Monica-based TrueCar has begun ranking vehicles, based on how well their values hold up in the pre-owned vehicle market, through an annual "TrueCare Pre-Owned Value Awards" program, the company said over the weekend. TrueCar said has identified used vehicles that are an excellent value for consumers, based on future resale retention, in its first annual award program.

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Amgen Reports Positive Results In Ostereoposis Study

socalTECH

Thousand Oaks-based Amgen reports that it saw positive top-line results for a study for its romosozumab compound in men with osteoporosis. Amgen said its Phase 3 study demonstrated a significant increase in bone mineral density (BMD) at the lumbar spine, compared with a placebo over 12 months. The study and compound are being develops in a collaboration between Amgen and UCB.

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Report: IPO Activity In Significant Slowdown

socalTECH

A new report, issued Monday, says that IPO activity has slowed significantly in Q1, with a 39 percent drop in volume and 70 percent decline in total capital raised versus Q1 of last year. The report, from Ernst & Young, said that companies are likely exploring other options or waiting for confidence to return for their IPOs. The report found 167 deals raised only $12.1 billion in Q1 of 2016--the weakest first quarter of the year since 2009.

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