Fri.Apr 05, 2019

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Snap is channeling Asia’s messaging giants with its move into gaming

TechCrunch LA

Snap is taking a leaf out of the Asian messaging app playbook as its social messaging service enters a new era. The company unveiled a series of new strategies that are aimed at breathing fresh life into the service which has been ruthlessly cloned by Facebook across Instagram, WhatsApp, and even its primary social network. The result? Snap has consistently lost users since going public in 2017.

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Karma Automotive Taps BMW For Engine Technology

socalTECH

Irvine-based Karma Automotive , the revived, startup auto maker, says it has inked an agreement with BMW AG , to use BMW's engine technology in its automobiles. According to Karma Automotive, its vehicle, the 2020 Revero luxury car, will use a BMW TwinPower Turbo three-cylinder in-line engine. The company said the engine will be used to power an on-board electric generatorand to enhance overall vehicle performance.

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Santa Monica Tech Happy Hour on the Patio!

SoCal Tech Calendar

Thursday, April 11, 2019 -- Santa Monica Tech Happy Hour on the Patio! by Startup Coil. It's finally patio season! Let's get things warmed up with an epic L.A. Tech Happy Hour overlooking the 3rd Street Promenade in beautiful downtown Santa Monica.

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Alteryx Acquires ClearStory Data

socalTECH

Irvine-based data science and analytics software developer Alteryx has acquired ClearStory Data , a Menlo Park-based software developer developing products for managing complex and unstructured data. Financial details of the acquisition wer enot announced. Alteryx said the deal will provide it with a "talented team and compelling technology", and also help it with extension into Silicon Valley.

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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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How To Be A Leader When Machines Are Smarter Than You

Startup Professionals Musings

Image via Pixabay The majority of business professionals I meet these days accept that we are now deep in the digital age, where mountains of data are gathered on everything we do, online and offline. Yet most executives are struggling with how to harness this data with artificial intelligence and machine learning, and use it to hone their intuition and improve their business leadership.

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Trovagene Gets $1.5M In PIPE For Oncology Drug Efforts

socalTECH

San Diego-based oncology therapeutics developer Trovagene , which is publicly listed on the Nasdaq as TROV, said it has received a $1.5M, private placement. The new investment came from Lincoln Park Capital. According to Trovagene, the new funding will go towards advancing three of its clinical development programs. Lincoln Park Capital is an existing investor in the company.

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BlackLine Aims Accounting Automation At College, University Market

socalTECH

Los Angeles-based financial automation software developer BlackLine is taking aim at the college and university market, saying on Thursday that it has partnered with higher education software and services firm Ellucian. According to BlackLine, the deal will help it deliver its accounting automation tools to the higher education customers that are served by Ellucian.

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Bio Roundup: Gottlieb’s Goodbye, AACR Recap, Migraine Drug Fight & More

Xconomy

Scott Gottlieb’s last day as FDA commissioner is today. His resignation announcement last month surprised some , given the earlier denials about leaving. But after two years of commuting between Connecticut, where his family remained, and the FDA’s Maryland headquarters, he decided to step down from the agency. What will Gottlieb’s legacy be? His efforts to curb teen vaping comes to mind.

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H Code Links With Argentine Media Company Artear

socalTECH

Los Angeles-based digital advertising company H Code , which focuses on advertising for the U.S. Hispanic market, says it has inked an exclusive partnership with Artear , a media and television company in Argentina. H.Code said it will gain sole access to Artear''s digital advertising inventory here in the United States, including ads on Artear's other properties, Ciudad Magazine, eltrece, ElDoce.tv, and Todo Noticias (known as TN).

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Snap Launches Multiplayer Gaming Effort

socalTECH

Santa Monica-based Snap , the parent company of Snapchat , said on Thursday that it has launched a new offering called Snap Games , which will offer up real-time, multiplayer gaming to users of Snapchat. According to Snap, the new games will feature both original games for its platform, as well as games from such third party developers as Game Closure, PikPok, Spry Fox, Zeptolab, and Zynga.

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GumGum Spins Out Dental Startup

socalTECH

Santa Monica-based GumGum , which develops artificial intelligence and vision recognition software being applied to advertising analytics, said on Thursday that it is spinning out a new company, which will develop AI technologies for the dental industry. As part of the spinout CEO and founder Ophir Tanz will step down as CEO, and will lead the new dental entity.

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Inscripta, With Offices In San Diego, Finds $20M For Series C Funding

socalTECH

Gene editing technology developer Inscripta , which has one of its offices in San Diego, saidt his week that has added another $20M in funding to its Series C round, bringing the round to a total of $105.5M. According to Inscripta, the new funding came from its existing investors, including Venrock, Foresite, Mrieux Dveloppement, Paladin Capital Group, MLS Capital, and NanoDimension.

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