Mon.Aug 21, 2017

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Ross Levinsohn Named CEO, Publisher At Los Angeles Times

socalTECH

Southern California technology veteran Ross Levinsohn , best known for his efforts as Interim CEO at Yahoo! and his work at Fox Interactive Media, has been appointed CEO and Publisher of the Los Angeles Times , according to the LA Times' parent company, tronc. According to tronc Levinsohn will oversee the Los Angeles Times' operations, and look to expand its journalistic endeavors, product and content initiatives, global footprint and business and revenue opportunities.

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Silicon Beach Report Aug. 21: Steve Bannon Returns to Brentwood’s Breitbart News

L.A. Business Journal

Steve Bannon returns to Brentwood’s Breitbart News, CNN launches daily Snapchat news show and SpaceX to unveil spacesuits next week.

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Rincon Backs LiftIgniter

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Santa Barbara-based venture investor Rincon Venture Partners is one of the backers in a funding round for LiftIgniter , a developer of machine learning software used for personalization. The funding was led by Storm Ventures, and also included Rincon Venture Partners, Revel Partners, and NTT DOCOMO Ventures, along with angels Tom Chavez (Krux) and Bruce Falck (Twitter).

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Recognizing and Reducing Fear Makes Leadership Work

Startup Professionals Musings

Trying to be a business leader by instilling fear in your employees and partners is never a good approach, but it is particularly devastating in a startup. Yet I see this approach used all too often by new entrepreneurs, most of whom are not natural tyrants, but who are fighting to mask their own internal fears and insecurities about starting a business.

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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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Hannah-Beth Jackson Targets Harassment In Venture Capital Industry With New Bill

socalTECH

A new bill is expected to be introduced this week by local Senator Hannah-Beth Jackson (D-Santa Barbara), to target incidents of sexual harassment in the venture capital industry. Jackson--who represents Santa Barbara the 19th Senate District, which includes all of Santa Barbara County and western Ventura County--said that she will introduce legislation when the California Legislature returns from summer recess, today, to specifically prohibit sexual harassment in the venture capital industry.

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On Drug Pricing: FDA Backs Up Its Calls for Increased Competition

Xconomy

FDA Commissioner Scott Gottlieb has been very public in expressing his desire to provide increased competition and greater choice to American consumers in a bid to drive down prices of prescription medicines. Recently, the agency he oversees took some unusual steps to back up those statements with action. Last week, the FDA approved the use of the drug olaparib (Lynparza) , sold by AstraZeneca and Merck, to include ongoing treatment of patients with recurrent ovarian cancer who have responded to

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Yardi Wins Cortland Capital Market Services

socalTECH

Santa Barbara-based property management software developer Yardi said Friday that it has signed up Cortland Capital Market Services LLC, as a new customer. Financial impact of the win was not announced. Cortland Capital Market Services, which is based in Chicago, provides investment servicing, and is using Yardi's Investment Management software. READ MORE>>.

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Inseego Names New CFO

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San Diego-based Inseego , the developer of mobile broadband equipment and Internet-of-Things software, said this morning that it has named Stephen Smith as its new Executive Vice President and Chief Financial Officer. Smith was previously interim CFO of TetraVue, and also was hief Financial Officer and Head of Operations for Micropower Technologies.

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Ligand Lands $2M From Wuxi Biologics

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San Diego-based Ligand Pharmaceuticals said on Friday that it will receive $2M in a payment from Wuxi Biologics , as a result of licensing of the exclusive rights to its anti-PD-1 antibody GLS-010 to Arcus Biosciences in North America, Europe, Japan and certain other territories. Ligand says it also is entitled to future milestones and royalties from this antibody.

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Elon Musk Joins AI Leaders In Protesting Killer Robots

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Elon Musk , the CEO and founder of LA's SpaceX , is one of the signatories on a letter from an artificial intelligence group, urging the United Nations to address the development of killer robots. According to the Future of Life Institute, there is a "robot arms race" going on by countries, which ought to be addressed by the United Nations. One of the AI experts on the list, Stuart Russell, founder and Vice-President of Bayesian Logic, said the continued development of weaponized robots could re

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Report: Sonos Planning New Voice Enabled Speakers

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Santa Barbara-based Sonos is getting set to roll out new voice enabled speakers, according to a report today, based on changes to the company's privacy policy. The Verge uncovered changes to the Sonos privacy policy which infers that new Sonos speakers will be voice-enabled, listening for specific "wake words" ala Amazon Echo, and according to a spokesperson will extend beyond the current Sonos integration with Echo.