TechCrunch LA

OCTOBER 22, 2018

In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA. The initiative is one way in which the Los Angeles technology community is attempting to ensure that it does not repeat the same mistakes made by Silicon Valley and San Francisco

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Eric Greenspan

OCTOBER 22, 2018

Woke up and there it was, my book cover. She just made it and sent it to me. I looked at it for a bit and started thinking about writing it. Then I did. I published the initial draft this past weekend and it’s now available for pre-order on Amazon. It’s interesting how the headline mentions “mindset” as that’s what happened here.

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TechCrunch LA

OCTOBER 22, 2018

How can Lime differentiate its scooters and bikes from the piles of Birds and Spins filling Los Angeles sidewalks? Apparently with a physical storefront where it can convince customers of the wonders of on-demand mobility. According to a job listing from Lime seeking a “Retail Store Manager,” the startup plans to open a “lifestyle brand store in Santa Monica” that “will place heavy importance on brand experience and customer engagement.” Lime will rent vehicle

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Santa Monica Startup Education Technical Review 221

socalTECH

OCTOBER 22, 2018

CrowdStrike , the cybersecurity software developer which has major operations in Irvine, has hired an IPO banker and is eyeing an IPO before the end of the year, according to a report from Reuters. According to the report, CrowdStrike has hired Goldman Sachs to run its IPO process. No other details of the IPO have yet been announced or released. CrowdStrike is led by veteran cybersecurity executive George Kurtz, and raised a big funding round in January.

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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

SoCal Tech Calendar

OCTOBER 22, 2018

Sunday, October 28, 2018 -- Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness!

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socalTECH

OCTOBER 22, 2018

Sir Richard Branson is out as the Chairman of Los Angeles-based Virgin Hyperloop One , the developer of high speed, "hyperloop" transportation technology, the company said on Monday. Reason for the departure was not given, however, according to reports , the move officialy was because Hyperloop One needs a "more actively involved leader". However, the abrupt departure comes after Virgin Hyperloop One reportedly had lost a major investment deal with Saudi Arabia, after Branson publicly critized t

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socalTECH

OCTOBER 22, 2018

The first tunnel being built by Los Angeles-based Boring Company , a prototype tunnel meant to prove out its technology and feasibility of transporting people and traffic beneath city streets, is nearly complete, according to Boring Company and SpaceX founder Elon Musk. Musk said that the Boring Company will unveil the tunnel on December 10th to the public.

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L.A. Business Journal

OCTOBER 22, 2018

Accenture announced Oct. 22 it acquired Daz Systems Inc., an Oracle Cloud service provider based in El Segundo.

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socalTECH

OCTOBER 22, 2018

San Diego-based Qpex Biopharma announced this morning that it has raised $33M in a Series A funding round, to launch its efforts to battle drug-resistant infections. According to Qpex, the funding was led by New Enterprise Associates, and also included Adams Street Partners, LYZZ Capital, Hatteras Venture Partners and Stanford University Draper Fund.

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Xconomy

OCTOBER 22, 2018

Early next year, twenty students will have the opportunity to study machine learning for 10 weeks with Google engineers, college professors, and coaches—free of charge. Google is picking up the tab for tuition, room, and board for all students accepted into its new machine learning intensives in the inaugural year of the program, which starts at Oakland’s Mills College in February for the first 20 students.

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Course Artificial Inteligence Google Coach 94

socalTECH

OCTOBER 22, 2018

Los Angeles-based Fisker , the new developer of electric vehicle and solid state battery technology which was crated by Fisker Automotive founder's Henrik Fisker, has received a strategic investment from Caterpillar Venture Capital. Caterpillar Venture Capital is the investment arm of industrial equipment and vehicle maker Catepillar. Size of the strategic investment was not announced.

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Xconomy

OCTOBER 22, 2018

The Medicines Company exited the infectious disease business last year when it sold three bacteria-fighting products to Melinta Therapeutics. But Melinta didn’t get all of the company’s bug-fighting drugs, and what’s left has become a new company—Qpex Biopharma. San Diego-based Qpex has raised $33 million to advance The Medicines Company’s (NASDAQ: MDCO ) old preclinical compounds toward human testing.

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socalTECH

OCTOBER 22, 2018

Irvine-based property information provider CoreLogic has acquired Toronto, Ontario, Canada-based Symbility Solutions , the two companies said on Monday afternoon. Symbility is a developer of software for the insurance industry. According to the two companies, the deal is worth approximately $121.8M (C$159.5M). CoreLogic will pay C$0.615 per share in cash for each Symbility share it does not currently own.

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Startup Professionals Musings

OCTOBER 22, 2018

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. If you need investors, it’s important that you understand their filters, and even if you are funding your own efforts, you need to recognize the red flags.

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Sites Social Media Technical Review Entrepreneur 81

socalTECH

OCTOBER 22, 2018

In more proof that Santa Monica is, indeed, the center of the on-demand electric scooter battle, Lime , one of the many competitors in the field looks to be setting up a retail store in Santa Monica. In a job listing , lime says it will be setting up a "lifestyle brand store" in Santa Monica, which will show off its electric bicycles and scooters. It's unclear where that store might be located, however, Santa Monica is a huge location for retail shops, including along the Third Street Promenade

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Xconomy

OCTOBER 22, 2018

The tech industry, which reaps billions of dollars by harvesting personal data and using it to sell targeted advertising and other services, opened the door to federal data privacy regulations today in a proposal by ITI, a lobbying organization for tech companies. The Information Technology Industry Council, which represents the policy interests of companies including Facebook, Google, Twitter, and Amazon, released a conceptual framework for Congressional legislation that it says “advances the p

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Framework Google Advertising Organization 79

socalTECH

OCTOBER 22, 2018

Netflix , the online streaming movie service operator, is planning to boost its content acquisition and production, via a $2.0 billion debt offering, a move which might benefit the Los Angeles content production industry. Netflix has major content production operations in Los Angeles, along with a significant number of employees. According to Netflix, it is proposing a $2.0 billion offering of Senior Notes, specifically for content acquisitions, production and development, capital expenditures,

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Netflix Content Acquisition Product 113

L.A. Business Journal

OCTOBER 22, 2018

Boring Co.

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socalTECH

OCTOBER 22, 2018

Irvine-based Skyworks Solutions , which develops analog semiconductors, reports that its products are being used in a "smart city" product from Philips. According to Skyworks, its wireless engines are being used to facilitate communications in the Philips' CityTough street lighting management product, which allows cities to reduce power consumption and control street lamps, to help reduce power consumption and monitor those lights.

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LAMP Product Design Report 113

socalTECH

OCTOBER 22, 2018

San Dieg-based ID Analytics , the developer of fraud scoring and related products which is now owned by Symantec, has rolled out two new products, the company said today. The company said it has launched two new products, ID Score Synthetic and Credit Options Intentional Misuse, identify potential fraud. ID Analytics said, in particular, the product addresses the issue of "synthetic identity fraud", essentially, fake people who appear to be valid on most fraud and credit assessments--but are not

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Product Symantec Report Develop 113