Fri.Jan 11, 2019

Nfusz Inc. Enters Partnership With Instapage

L.A. Business Journal

Hollywood-headquartered sales intelligence software outfit Nfusz Inc. announced Jan. 11 it entered a strategic partnership with Instapage Inc., based in San Francisco, to bring Nfusz’s interactive video

Dow Jones VentureSource: Southern California Gets $2.96 Billion In VC In Q4

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Southern California raised $2.96 billion in venture capital in Q4 of 2018, according to data from Dow Jones VentureSource , released on Friday. According to the report, Los Angeles garnered the lion's share of the local funding, with $1.77 billion in deals, followed by $0.77 billion in San Diego and $0.42 billion in Orange County. The region had a total of 124 deals logged by Dow Jones VentureSource, split between 75 in Los Angeles, 29 in San Diego, and 20 in Orange County.

SpaceX Plans 10 Percent Workforce Reduction

L.A. Business Journal

Approximately 10 percent of Hawthorne-based Space Exploration Technologies Corp.’s s estimated 6,000 employees will be laid off

Qualcomm Backs ClearMotion In $115M Funding

socalTECH

San Diego-based Qualcomm has put its backing behind a startup, ClearMotion , which is developing computer-controlled automotive chassis technology, which replaces shock absorbers with active components to dampen movement while you are driving. According to Boston-based ClearMotion, it raised $115M in a Series D funding, which was led by Franklin Templeton Investments, as well as clients of J.P.

Silicon Beach Report Jan. 11: Blizzard, NetEase Expanding Publishing Deal

L.A. Business Journal

Instapage and Nfusz partner; Neftlix sued for $25 Million; Netease continues publishing for Blizzard

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SpaceX Chops 10 Percent Of Employees, Says Report

socalTECH

Hawthorne-based SpaceX --despite a continuing string of successful launches--is cutting 10 percent of its 6,000 employees, according to a report published on Friday. The report--from the LA Times--confirmed the layoff with the company, which said that Space "must become a leaner company" to continue to deliver for its customers. The company had a successful West Coast launch on Friday morning, from Vandenberg Air Force Base, delivering the Iridium-8 satellite communications payload into space.

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SpaceX Launch Today At 7:31am, If Weather Holds

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Hawthorne-based SpaceX is hoping to launch another set of Iridium NEXT satellites into space this morning from Vandenberg Air Force Base, north of Santa Barbara, if the weather and other conditions hold. According to SpaceX, the instantaneous launch window for the launch is 7:31 a.m. PST, which should be visible across Southern California, depending on cloud conditions. The mission will place ten more Iridium NEXT communications satellites into space.

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Tech Companies Share Shutdown Losses, With Little Chance of Back Pay

Xconomy

As federal agency employees miss their first paychecks today due to the partial government shutdown that began Dec. 22, federal contractors and their workers—including technology professionals—face a loss of income that they may never recover.

Amazon's IMDb Launches Free Movie, TV Streaming Service

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IMDb , the online movie information site which Amazon runs partially out of Los Angeles, has launched its own, free movie and TV streaming service, called IMDb Freedive. The new service also features "IMDb Originals", content generated for IMDb itself. A glance at the service showed such titles as 80's Steve Martin movie "Roxanne", Arnold Schwartzenegger's Last Action Hero, Winona Ryder's Little Women, and family films Stuart Little and Muppets In Space.

Notes from the JPM19 Vortex: Price Apocalypse, Celgene Fallout & More

Xconomy

[ Editor’s note: Ben Fidler and Sarah de Crescenzo coauthored this report.] It is here, and then it is gone. But by the time everyone staggers to the airport or back home to sleep in their own beds, the annual few days of the J.P. Morgan Healthcare Conference and everything that mushrooms around it seem just as long as the holiday break—a distant memory!—that —that came just before. In 2020 (yes, that’s really a year), San Francisco might have a new mayor.

Report: Ring's Gave Unfettered Access To Cameras To Employees

socalTECH

Santa Monica-based Ring , the maker of connected video doorbells, video cameras, and other home security products (which is now part of Amazon), has has huge success in appealing to people looking a better feeling of safety and security in their home. However, according to a new report , that network of cameras in your home has a possible down side: a loss of privacy, and what the report calls "dismal privacy practices" and "lax, sloppy oversight" on who can access your video streams.

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Kaleido Bio and Cirius Join an IPO Queue Stalled by Federal Shutdown

Xconomy

The partial government shutdown may have diminished staffing at the SEC, but it hasn’t dimmed the hopes of biotech firms hoping to go public. On Friday, Kaleido Biosciences and Cirius Therapeutics both filed paperwork for their respective initial public offerings with the securities regulator.

Steereo: Connecting Ride Sharing Drivers, Music Discovery, with Anne Kavanaugh

socalTECH

In an age of online music streaming, and a general decline in people turning to traditional radio for their music, many artists have a tough challenge of figuring out how to get their music out to new fans. Los Angeles- and New York-based Steereo (www.steereo.com) has a new idea: partner those artists with ride sharing drivers, and pay those ride sharing drivers to play their music to the ever-changing variety of people who hop in their vehicles.

Bio Roundup: #JPM19 Notes, Loxo Buyout, Black Diamond’s Cash & More

Xconomy

Diabetes drugs are Eli Lilly’s bread and butter, but the pharmaceutical giant hasn’t lost its appetite for cancer drugs. It grabbed hold of a few more this week by betting $8 billion on Loxo Oncology. Loxo (NASDAQ: LOXO ) has made a name for itself by becoming one of just two companies ever to earn an FDA approval for a drug that targets a tumor’s DNA fingerprint, no matter where in the body that cancer is found.

Steereo: Connecting Ride Sharing Drivers, Music Discovery, with Anne Kavanagh

socalTECH

In an age of online music streaming, and a general decline in people turning to traditional radio for their music, many artists have a tough challenge of figuring out how to get their music out to new fans. Los Angeles- and New York-based Steereo (www.steereo.com) has a new idea: partner those artists with ride sharing drivers, and pay those ride sharing drivers to play their music to the ever-changing variety of people who hop in their vehicles.