Fri.Aug 03, 2018

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

Sometimes smart contracts can be pretty dumb. All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors, or poorly defined parameters of an executable agreement. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25 million to bring to market a service that basically hits pause on the execution of a contract so it can be arbitrat

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Report: Hyperloop Transportation Technologies In Discussion With Cupertino

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Los Angeles-based Hyperloop Transportation Technologies (HTT), one of several companies in the LA area working on advanced transportation systems first imagined by Elon Musk, is reportedly in discussions with the city of Cupertino to help ease traffic in that city. According to reports, HTT has discussed the possibility with Cupertino council member Barry Chang and Mayor Darcy Paul.

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Silicon Beach Report Aug. 3: Uproxx Media Sold to Warner Music

L.A. Business Journal

Warner Music buys Uproxx Media; SpaceX sets deadline for NASA launch; Hyperloop Technologies in consideration for Cupertino line

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LeaseLabs Acquired By RealPage For $103M

socalTECH

San Diego-based LeaseLabs , which provides oline marketing services to the multifamily housing and apartment industry, has been acquired for $103M by real estate software developer RealPage. According to RealPage, it will $103M in cash and stock, plus up to $14M in earnout upon achieving certain financial objective. RealPage is based in Richardson, Texas.

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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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Patients Have “Fingers Crossed” As Alnylam Awaits Historic FDA Decision

Xconomy

By next Friday, the FDA could for the first time approve a medicine that uses a biological trick that was only discovered two decades ago: RNA interference , which silences a gene before it can make a harmful protein. That medicine is patisiran (Onpattro), from Alnylam Pharmaceuticals (NASDAQ: ALNY ). An approval wouldn’t just be a scientific milestone.

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WeeCare Rounds Up $4.2M For Home Daycare Marketplace

socalTECH

Venice, California-based WeeCare , a new startup which is creating a marketplace to help people start and manage their own home daycare, has raised $4.2M in a seed funding, the company disclosed on Friday. The funding came from Social Capital. The company says it is looking to help caregivers, educators and entrepreneurs build and operate their own home daycare business, helping them with licensing and certification, marketing tools, managing billing, and much more.

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NASA Selects SpaceX To Launch Astronauts Into Space By April Next Year

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NASA says it will attempt to launch astronauts into space on a crewed SpaceX Dragon capsule by April 2019, as part of two different efforts to return the U.S. to space using its own spacecraft. According to NASA, its Commercial Crew Program is targeting a "demo" uncrewed flight by November of 2018 -- only 3 months away -- and a crewed mission by April of 2019.

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Bio Roundup: Alnylam’s Moment, Read on Rebates, Skinny Plans & More

Xconomy

Millions of people might be on vacation as we hit the dog days, but drug makers and politicians aren’t taking a break from the gamesmanship over high drug prices. After two years of blowing smoke, the Trump administration is threatening action on a few fronts, including against the powerful middlemen known as PBMs that decide which drugs become favorites, and which get excluded, from insurance plans.

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Newegg Teams With Microsoft On Laptop Shopping Tool

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Los Angeles-based e-commerce electronics retailer Newegg announced Friday morning that it has linked up with Microsoft , to deploy a new tool for laptop recommendations. According to Newegg, it has rolled out a new Windows 10 Advisor on its website which will help cosumers find "the perfect" Windows 10 laptop or 2-in-1 device. Newegg and Microsoft did not discuss the details behind the collaboration.

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Uproxx Acquired By Warner Music Group

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Culver City-based Uproxx Media Group , which operates the Uproxx entertainment and pop culture news site, has been acquired by Warner Music Group , the two said on Thursday. Financial terms of the acquisition were not announced. Uproxx Media Group also provides branded content and video services to marketers. Uproxx Media Group originally was known as Woven Digital, and was venture backed by WPP Ventures, Institutional Venture Partners, Advancit Capital, and also had received funding in the past

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Overwatch League Adds New Teams In Atlanta, Guangzhou

socalTECH

The Overwatch League , the e-sports league owned by Irvine's Blizzard Entertainment, is adding two more teams--one in Atlanta, and another in Guangzhou, China--to its list of teams, the league said on Thursday. According to the Overwatch League, the Atlanta team is owned by media giant Cox Enterprises, and will be operated by Atlanta Esports Ventures, a partnership between Cox and Province, Inc.

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Sonos Sees Successful IPO

socalTECH

Santa Barbara-based Sonos saw a successful initial public offering (IPO) on Thursday, closing its first day of trading on the Nasdaq Global Select Market up nearly 33 percent. Sonos, which priced at $15.00 per share on Wednesday night, closed at $19.91 on Thursday, 32.73 percent above the IPO price. Sonos makes user friend, whole home audio systems.