socalTECH

DECEMBER 14, 2018

Los Angeles-based fintech startup FastPay , which offers up faster access to advertising revenue for media companies, said this week that it has named Michael Wehner as its General Manager and Senior Vice President of Payments. FastPay said that Wehner joins from The Rubicon Project, where he was Senior Vice President of Agency & Brand Sales. He also has served at Microsoft, IBM, and Yahoo, and has more than 20 years of sales and business development experience in the digital media area.

IBM 154

IBM IBM Yahoo Advertising 154

L.A. Business Journal

DECEMBER 14, 2018

ParagonCoin Inc., headquartered in Hollywood, settled an Initial Coin Offering (ICO) dispute with the Securities and Exchange Commission Dec. 13, agreeing to pay a fine of $250,000 and provide investors with the opportunity to recoup their lost funds.

Hollywood 113

Hollywood Funding 113

socalTECH

DECEMBER 14, 2018

Santa Monica-based Ring has just received a patent on adding facial recognition to its cameras--allowing some future version of the camera to automtically call police on a "suspicious" subject--in a move that has raised alarms among privacy and social advocates. The patent--invented by Ring founder Jamie Siminoff, and applied for by Amazon--involves using multiple, connect Ring Doorbells in a neighborhood to create a composite image of anyone approaching a doorbell and deciding "whether or not t

Patents 153

Patents Santa Monica Networking 153

Startup Professionals Musings

DECEMBER 14, 2018

Investors invest in people, not ideas. Customers buy from people, not companies. Employees rally for a great leader, not a brand. As an entrepreneur, you need relationships to succeed. That means relationships with team members, investors, customers, and vendors. One of the best ways to build a good relationship with anyone is to make them feel important.

Outsource Development 96

Outsource Development Ideas Custom Customer 96

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

socalTECH

DECEMBER 14, 2018

Irvine-based cybersecurity software developer Cylance has launched a new service, intended to help companies patch the inability to fill the holes they have in the cybersecurity area, which will provide a "virtual Chief Information Security Officer" (CISO). According to Cylance, the new "CISO-in-a-Box" offering will help organizations by providing critical technology and security resources, and staff augmentation to help identify, assess, and communicate security risks to their management teams

Services 133

Services Resource Software Development Pricing 133

L.A. Business Journal

DECEMBER 14, 2018

Evacuation at Infinity Ward office; Parker releases shoreline app; Gelb suspended for two unpaid months

Riot Games 100

Riot Games Report 100

L.A. Business Journal

DECEMBER 14, 2018

Aerospace and defense companies in Los Angeles set their sights on space this year.

Los Angeles 100

Los Angeles Angel Company Companies 100

socalTECH

DECEMBER 14, 2018

The Tech Coast Angels San Diego (TCA-SD) angel investment network, the San Diego arm of the Tech Coast Angels, has seen a big growth in the number of angel investors who are members of the group this year, the group said this week. According to TCA-SD, it has grown to a record of 170 members in 2018, which is a 40 percent increase over its previous base.

Tech Coast Angels 124

Tech Coast Angels San Diego Angel Invest 124

Xconomy

DECEMBER 14, 2018

Pharmaceutical industry critics lament the cost of rare disease drugs, but some of the steepest price hikes have come on widely used insulin. The patent holder, the University of Toronto, gave companies the right to manufacture insulin. But the university also allowed them to patent the improvements they made, which enabled them to slap higher prices on each new version.

Patents 77

Patents Pricing Competition San Diego 77

socalTECH

DECEMBER 14, 2018

Burbank-based Disney has made a $15M investment in Norwegian educational and learning games developer Kahoot , Kahoot said Friday, in a deal which grows Disney's stake in the company. Kahoot--which was part of the Disney Accelerator in Burbank back in 2017--revolves around user-created quizzes, which people set up and share with other users. READ MORE>>.

Burbank 113

Burbank Invest Education Develop 113

L.A. Business Journal

DECEMBER 14, 2018

Apple Inc.

Culver City 127

Culver City 127

socalTECH

DECEMBER 14, 2018

Los Angeles-based Faraday Future CEO Jia Yueting's stake in the compan has been frozen by a court ruling, along with a number of mansions he owns in California, as a result of a courtroom battle with a lender. The lawsuit, filed by Shanghai Lan Cai Asset Management Co, Ltd. , is over a $7M loan given to another of Jia Yueting's companies, LeTV, back in 2016.

Los Angeles 113

Los Angeles Report Angel Company 113

Xconomy

DECEMBER 14, 2018

MabVax Therapeutics says it doesn’t have enough money to continue funding its operations. The San Diego biotech company, which is testing an antibody discovery platform intended to speed products to patients with cancer and pancreatitis, said Thursday it has retained a local investment banking firm, Objective Capital Partners, to guide its sale. As of Sept. 30, the company had nearly $1 million in cash and a working capital deficit of about $6.3 million, according to its latest quarterly regulat

San Diego 57

San Diego Guide Platform Sales 57

socalTECH

DECEMBER 14, 2018

Los Angeles-based mobile game publisher Scopely announced a new mobile game title this week, Looney Tunes World of Mayhem , a new game based on characters licensed from Warner Bros. Interactive Entertainment. According to Scopely, the new game bring in an entire world of Looney Tunes characters, who go into battle with "anvils, instant boulders and other ACME devices of destruction.

Mobile 113

Mobile Entertainment Los Angeles Angel 113

socalTECH

DECEMBER 14, 2018

Goleta-based Transphorm , which develops gallium nitride (GaN) semiconductors, says it has now shipped over a 250,000 of its GaN FET power devices. According to Transphorm, the devices--manufactured in a fabrication facility owned by the company in Aizu, Japan--are being used in power supply applications. The company explained it currenly has an annual installed capacity base of 15 million parts of its most popular product, with an ability to scale to 2x to 5x that volume "easily".

Product 113

Product Develop Development Company 113