Mon.Nov 07, 2016

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Interview with Nikhil Jain, ObEN

socalTECH

What if you could�with your smartphone�easily create a virtual you�an avatar that looks and sounds like you, and which would live in virtual or augmented reality? That's the idea behind the technology being developed by Pasadena-based ObEN (www.oben.me), which is led by co-founde rand CEO Nikhil Jain. Nikhil told us a bit about the startup,which was spawned out of Idealab, and recently raised a round of funding from CrestValue Capital, Cybernaut Westlake Partners, Leaguer Venture Investment Co.,

Idealab 173
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How Deepak Chopra Is Using Virtual Reality To Improve Your Health

Tech.Co

In addition to being a tool for burgeoning startups and lucrative companies, virtual reality is also a great way to escape the stress of everyday life. Whether you’re whisking away to another planet or sitting by the beach, a little virtual relaxing can do the body good. Now, virtual reality is being used as a therapeutic meditation tool to help people find their zen and reduce stress-related health issues.

Guide 175
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Masimo Gets $300M From Philips In Patient Monitoring Partnership

socalTECH

Irvine-based medical equipment maker Masimo and Royal Philips said very late Sunday evening that the Philips will pay $300M to Masimo, as part of a multi-year business partnership agreement, which also resolves and outstanding legal matter between the two. The two said they will work together on joint marketing and sales, as well as integration of Masimo's SedLine brain function monitoring, O3 regional oximetry, and Nomoline capnography technologies in Philips IntelliVue monitors.

Patents 157
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Silicon Beach Report Nov. 7: Soylent Believes Algae Ingredient Made Customers Sick

L.A. Business Journal

Soylent believes algae ingredient made customers sick, Google invested in Snapchat, and Faraday Future’s financier facing cash crunch.

Customer 133
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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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Report: Vizio Deal In Doubt As LeEco Hits Cash Crunch

socalTECH

The record-breaking, $2 billion acquisition of Irvine-based Vizio , which was announced in June , might be in doubt, according to a report today from Bloomberg. Bloomberg reports that the chairman of LeEco, Jia Yueting, said the company is "running out of cash" due to its pace of expansion. The deal to acquire Vizio has not yet closed. READ MORE>>.

Report 138
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The Five Major Tech Trends of 2016

Xconomy

As we draw closer to the end of 2016, it is important that we take a moment to look back and reflect on all of the ways technology has inspired us, and transformed the way we live and do work. As technology becomes more pervasive in our lives, we increasingly look for simple but secure, as well as consistent and engaging experiences, regardless of the device we’re using.

More Trending

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New Data Show Biogen, Ionis Drug Might Help More With Rare Spine Disease

Xconomy

Up until this point, studies of an experimental drug from Biogen and Ionis Pharmaceuticals had focused on patients with the most severe form of a rare, potentially deadly genetic disorder called spinal muscular atrophy. But new data released this morning show that the therapy, known as nusinersen (Spinraza), could have a much broader reach. Biogen (NASDAQ: BIIB ) and Ionis (NASDAQ: IONS ) said this morning that nusinersen met its main goal in a Phase 3 study in patients with later-onset, or Type

Help 97
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OneRoof Energy Raises $17M Solar Financing Fund

socalTECH

San Diego-based OneRoof Energy , a provider of residential solar installation and financing, said on Friday that it has raised a $17M solar financing fund, from third party investors. Names of those investors were not announced. The company said that new fund will go to residential solar projects in California, Connecticut, Massachusetts, Maryland, New Jersey and New York.

Funding 113
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How The IBM PC Made Me Appreciate Entrepreneurs

Startup Professionals Musings

Way back in the early eighties, I was privileged to be part of the original IBM PC development team, led by Don Estridge. He was a great leader, and one of very few who have even been able to dent the barriers to real change in a large corporation. We struggled with the differences between intrapreneurship and entrepreneurship, and I learned much about both.

IBM 85
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What Should Be on the Next President’s Cybersecurity Agenda?

Xconomy

From a hack of Democratic National Committee e-mails to fears that cyber attackers will attempt to interfere with tomorrow’s election, cybersecurity emerged as a crucial theme in this grueling presidential campaign. Neither candidate has said a lot about how he or she would address cybersecurity issues as president, although Hillary Clinton has offered more details than Donald Trump.

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Forecast Update: CA’s Prop. 61 Now A Toss-Up, New Poll Shows

Xconomy

Xconomy reported Thursday that support for Proposition 61, the California initiative to rein in drug prices, had slipped in a recent poll to a slim 51 percent majority, with 24 percent opposed and 25 percent undecided. Since then, a new state poll from a different pollster has put Prop. 61’s chances at a toss-up: 47 percent for, 47 percent against, and a much smaller 6 percent undecided.

Pricing 61