L.A. Business Journal
JUNE 24, 2016
Virgin Galactic begins fundraising $300 million, AppliedVR partners with Cedars-Sinai for therapeutic virtual reality, Lionsgate sells YouTube Red its first big-budget TV show, and more.
socalTECH
JUNE 24, 2016
Beverly Hills-based private equity investor Platinum Equity announced this morning that it has bumped its offer for Van Nuys-based Electro Rent to $15.50 per share in cash, up from an earlier, $13.12 per share offer. The new price bumps the total value of the deal to approximately $382.2M. According to Platinum Equity, the increased offer comes due to a receipt by Electro REnt of an unsolicited, third party acquisition proposal.
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SoCal Tech Calendar
JUNE 24, 2016
Thursday, June 30, 2016 -- Alternative Accelerators and Start-Up Resources. LAVA. Today, start-ups have more choices for accessing business resources and seed funding than ever. This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venture capital or who lack certain critical capabilities. To meet these needs are emergent alternative accelerators, incubators and preccelerator models.
socalTECH
JUNE 24, 2016
A new study, run by a local nonprofit focused on cybersecurity in San Diego, has tallied up the numbers and found that there are more than 7,620 people employed in the cybersecurity industry in San Diego. The San Diego Cyber Center of Excellence --which is specifically focused on bolstering the growth of the industry in the city--said it found there are a total of 7,620 cyber security jobs in the city, including 3,390 employees at the Navy Space and Naval Warfare Systems Command (SPAWAR), plus a
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.
SoCal Tech Calendar
JUNE 24, 2016
Thursday, June 30, 2016 -- Cybertech. CyberTech Beverly Hills is the premier event for cyber security, threats solutions and innovative technologies, taking place at the Wallis Annenberg Theater in Beverly Hills on June 30th, 2016! CyberTech Beverly Hills will include keynote sessions on the world of Cyber Crime Investigations, Fintech, Media and Entertainment and Critical Infrastructure, as well as an exhibition of innovative technologies, meetings with leading start-ups and investors.
socalTECH
JUNE 24, 2016
San Diego-based Qualcomm has filed suit against a Chinese company, Meizu , saying that Meizu has refused to enter into a licensing deal for the company's technology. According to Qualcomm, it had attempted to negotiate with Meizu to sign a patent license agreement, consistent with Qualcomm's agreement with China's National Development and Reform Commission (NDRC) in 2015--but that Meizu has gone ahead and used Qualcomm's technology without a patent license agreement.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
JUNE 24, 2016
The IBM Watson AI XPRIZE , the $5M competition being run by Los Angeles-based XPRIZE , has opened up registrations to teams, and has published guidelines for the artificial intelligence competition. The new competition is seeking to spur teams to create artificial intelligence technology, to challenge some of humanity's most pressing challenges. The new AI XPRIZE--unlike the group's other challenges--is providing an open ended challenge, letting the teams who are entering define their own goals,
Startup Professionals Musings
JUNE 24, 2016
Every entrepreneur I know starts out with a strong conviction that their solution is a perfect match for their target market, and yet almost every one later admits a need to “pivot” before finding their groove. Course corrections, or pivots, are normal for new ventures, so expect them and don’t make excuses. Failure is the unwillingness to learn and change based on better information.
socalTECH
JUNE 24, 2016
Domain name registration provider Donuts Inc , which provide top-level domain registration services, said it has offered to buy the entire registry of generic, top-level domains from Rightside Group, Ltd. Donuts--which has executives and operations in Los Angeles--said it has offered to pay $70M in cash for Rightside. In what might make for an interesting process, Donuts said that it is making the offer despite Rightside "repeatedly" disregarding its interest in the company.
Xconomy
JUNE 24, 2016
There was some history made this week, and not just in Cleveland, where LeBron James & co. capped off a historic comeback to bring the city its first sports title in over 50 years. Plans were revealed for the first-ever human clinical trial of CRISPR-Cas9, the gene editing system that has been taking the scientific world by storm over the past few years.
socalTECH
JUNE 24, 2016
San Diego-based Reflexion Health , a provider of cloud-based, digital medicine products, said this week that it has raised $18 in a Series B funding round. The funding came from current investor West Partners and others. The startup, led by Joseph Smith, MD, PhD, develops VERA, a software product which is aimed at the physical therapy market. The product provides PTs with a source for rehabilitation exercises, coupling an animated avatar "coach", reports, and telemedicine features which are aime
Tech Zulu Event
JUNE 24, 2016
The Affordable Care Act, often referred to as “Obamacare,” has enacted major changes for healthcare providers since it was enacted at the start of President Obama’s first term. Perhaps the two biggest changes to the system have been the “individual mandate,” requiring that all Americans maintain health insurance coverage, and the opening of health care exchanges in each state.
socalTECH
JUNE 24, 2016
Santa Monica-based HomeHero , the home care technology and services startup founded by Kyle Hill and Mike Townsend, has linked up with Cedars-Sinai to launch a new program called Safe Transition Home. According to HomeHero and Cedars-Sinai, the new program will help transition patients from the hospital to home, with the goal of reducing inpatient readmissions, raising patient satisfaction and improving health outcomes.
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