Thu.Apr 02, 2020

Have you fallen into the buggy whip trap?

Berkonomics

Surely, you’ve heard the buggy whip analogy. A business making those necessary items ignored the signs of progress and found itself without a market. Perhaps that happened to sword smiths upon the invention of the rifle, and certainly to the makers of cassette tapes upon the dawn of the CD.

Press 170

Virgin Orbit to Make Ventilators for Covid-19 Patients

L.A. Business Journal

Virgin Orbit will start making a "bridge ventilator" for partially recovered Covid-19 patients at its Long Beach manufacturing facility

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Amazon Employees At 6 Southern California Warehouses Now Positive For Virus

socalTECH

Employees at six, Amazon Fulfillment Centers across Southern California have now tested positive for COVID-19, with centers in San Bernardino, Rialto, Hawthorne, and Glassell Park, including four all tested in the last 24 hours. According to a number of reports , the four latest cases were at Amazon's ONT2 fulfillment center in San Bernardino; LGB8 in Rialto; DLA8 in Hawthorne, and also an Amazon Prime warehouse in Glassell Park. READ MORE>>.

Flagship Adds $1.1B for New Meds, More AI, & “Health Security”

Xconomy

Flagship Pioneering founder and CEO Noubar Afeyan didn’t know a global pandemic was in the cards for 2020 when he and his team laid out three new thematic areas of focus for the company last fall.

Fujitsu Frontech North America Buys Fulcrum Biometrics

socalTECH

Foothill Ranch, California-based Fujitsu Frontech North America , which is a subsidiary of Fujitsu which provides technology and IT solutions, said it has acquired Texas-based Fulcrum Biometrics , a developer of biometric hardware, software, and solutions. Financial terms of the acquisition were not announced. Fujitsu Frontech said the move will help it boost its biometric authentication and access management solutions business.

SteadyMD Picks Up $6M For Telehealth Efforts

socalTECH

Los Angeles- and St. Louis, Missouri-based SteadyMD , a developer of an online telehealth service which matches up people with their own, personal doctors they can access via video, text, and phone, has raised $6M in a Series A funding round, the company said this morning.

Amazon Employee In LA Positive For Virus

socalTECH

An Amazon Fulfillment Center employee in Los Angeles, in Glassell Park has tested positive for COVID-19, according to a report on Thursday. The employee reportedly is in self quarantine at home. The report is the first in the Southern California area, but is not for Amazon, which has had a number of employees tested positive for the virus across its warehouses nationwide. The particular Amazon warehouse in this case is the one at 3334 N. San Fernando Road, Building E, according to the report.

Inseego Sees Demand Jump For Hotspots

socalTECH

San Diego-based Inseego , the provider of 5G and IoT products, said this week that it is seeing "unprecedented" demand for its hotspots, as a result of the wholesale move to employees, students, and others connecting from home. The company--which just a few years ago was trying to sell off its hotspot business--said it is ramping up production of its 4G and 5G MiFi mobile hotspots and other wireless connectivity devices.

Demand 109