Mon.Apr 09, 2018

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Bird's Transportation Sector Picks Up As UBER Buys JUMP

socalTECH

The alternative-transportation services segment occupied by new Santa Monica startup Bird suddenly heated up today, after car sharing service Uber said that it has acquired JUMP Bikes --the provider of a electric bike sharing service in San Francisco. Uber reportedly paid between $100M and $200M for JUMP Bikes, which offers up dockless, electric bicycles.

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Xconomy Roadmap 2018: Top 15 Innovation Areas to Watch

Xconomy

View the Slideshow With the first quarter in the books, it’s time to step back and lay out Xconomy’s editorial map for the rest of the year. As readers know, we strive to cover a wide range of innovation sectors, from tech and life sciences to healthcare and education—all with a mix of on-the-ground reporting, daily news stories, in-depth features and analysis, and events and conferences.

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Report: Zuma Launch Failure Not Due To SpaceX

socalTECH

Hawthorne-based SpaceX is not to blame for the reported failure of the super-secret "Zuma" government payload, according to a report today from the WSJ. According to the report--citing "people familiar with the details"--the second stage of the SpaceX rocket failed to separate from the Zuma payload, but that failure was a result of issues with a design by defense contractor Northrop Grumman Corp.

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E-Commerce Startups Open Door to Endless Virtual Closet

Xconomy

The sharing economy is moving into our bedroom closets. We already apply this idea to transportation (Uber vs. taxi) and vacation accommodations (Airbnb vs. hotel). Now, thanks to a growing number of e-commerce companies, the ability to share goods and services is being applied to our wardrobes through programs that offer clothing rentals for a monthly fee.

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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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HyperX Ships New Gaming Mouse

socalTECH

Fountain Valley-based HyperX , the gaming arm of Kingston Technology, said this morning that it has shipped out a new gaming mouse called the HyperX Pulsefire Surge. The new mouse costs $69.99. According to HyperX, the features of the mouse include "pinpoint accuracy" with a Pixart 3389 sensor, with a resolution of 16,000 DPI, and such features as right and left button switches rates for up to 50 million clicks.

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Silicon Beach Report April 9: Uber Acquires Jump

L.A. Business Journal

Uber acquires Jump; SPIDR raises $2.5 million; Flyr adds $1 Million.

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Expectations Rise on Q1 Surge in Venture Funding; and Top 10 Deals

Xconomy

Venture capital investors poured more than $28.2 billion into U.S. companies during the first three months of 2018—marking the strongest single quarter in at least a dozen years, according to the Venture Monitor Report released today by Seattle-based PitchBook and the National Venture Capital Association (NVCA). The $28.2 billion that PitchBook counted in the first quarter was a third higher than the $21.3 billion that VCs deployed in the previous quarter and two-thirds more than the $16.9

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Qualstar Wins Design Deal With Sony

socalTECH

Simi Valley-based optical storage manufacturer Qualstar said this morning that it has been selected by Sony Imaging Products & Solutions , to design and manufacture an enterprise optical disk library for Sony. Size of the win was not announced. According to Qualstar, the robotic data storage library will be provided to educational institutions, data centers, financial organizations and compliance industry, and use Sony's Optical Disc Archive system, which features capacities of up to 3.3TB p

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Flyr Finds $1M More For Video Ad Templates, Software

socalTECH

Santa Monica- and Mexico-based Flyr , a startup developing video advertising templates specifically designed for the iPhone and iPad, says it has upped its funding to $6M in total for the company. According to the company, it raised a new, $1M funding round through a strategic alliance with Renderfam Studios, and is currently in the midst of an ongoing Series A funding.

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Age of Learning Partners With Tencent On English Learning Software

socalTECH

Los Angeles-based educational software developer Age of Learning and Chinese Internet giant Tencent said today that they have launched a new online English leanring program, ABCmouse , focused on teaching English to children in China. According to the two companies, they are in a partnership where Age of Learning's team of child development and language learning experts created the ABCmouse English learning curriculum, which will help provide Chinese children with an essential foundation for Eng

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