Wed.Mar 13, 2019

Lytx Wins Concrete Hauler For Driver Safety Systems

socalTECH

San Diego-based Lytx , which develops vidoe-based driver safety systems for the commercial and public sector, reported this morning that it has scored a win with concrete company Lauren Concrete. According to Lytx, Lauren Concrete, which has a fleet of 245 concrete mixing vehicles, 18-wheel hauling trucks, and pick-up trucks, will roll out its systems to its entire fleet.

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Blood Test Study Meets Goal, Validates Epic’s Prostate Cancer Target

Xconomy

Epic Sciences has commercialized a blood test that can predict how likely a patient with late-stage prostate cancer treated with hormones is likely to respond to an additional course of such therapy.

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Report: Call Of Duty Franchises Priced At $25M Per Team

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Santa Monica-based Activision Blizzard is looking to create a new, city-based Call of Duty e-sports league, and has started looking for franchisees willing to pay $25 million to set up a team in their own city, according to a report on Wednesday. The report, from ESPN, says Activision Blizzard has been meeting with prospective buyers for the league.

Drug-Price Watchdog ICER Dives into Trump-Fueled Pharma Rebate Debate

Xconomy

With public and political winds blowing in the same direction, significant reform of the complicated U.S. drug-pricing system seems ever more likely.

Hulu Snags Free Solo

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Santa Monica-based streaming television service Hulu said Wednesday morning that it has acquired the streaming rights to the documentary Free Solo , which highlights rock climber Alex Honnold as he prepares to climb--without ropes--El Capitan, the 3,200 foot peak in Yosemite National Park. According to Hulu, the documentary will begin streaming today on Hulu. Financial details of the streaming deal, which was inked with National Geographic Documentary films, were not announced.

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Qualcomm-backed Cloudflare Connects With $150M More

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Cloudflare a provider of Internet caching and security services whih is backed by San Diego-based Qualcomm, said on Tuesday that it has raised $150M in a new round of funding, bringing its total raised to $330M.

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Weedmaps Sets New CEO

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Irvine-based Weedmaps , a provider of cannabis delivery services and cannabis dispensary information, said on Tuesday that it has named Chris Beals as its Chief Executive Officer. Beals previously was President and General Counsel of the company, which he joined in August of 2015. Current CEO Doug Francis becomes Chairman of the company. Beals also will join the board. Francis co-founded Weedmaps with co-founder Justin Hartfield in 2008.

EDF Renewables Puts Wind Project Online In Minnesota

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San Diego-based renewable energy developer EDF Renewables North America says it has put new, 100 megawatt (MW) wind project online in Minnesota. According to EDF Renewables, the Stoneray Wind Project, based in Pipestone and Murray counties in Southwestern Minnesota, will be delivering power to the Southern Minnesota Municipal Power Agency (SMMPA) beginning in 2020 under a Power Purchase Agreement (PPA).

Insights: Copyright Registration Before An Infringement Lawsuit

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For our contribution to our Insights and Opinions section today, we have a legal update from Kevin DeBr of Stubbs Alderton and Markiles LLP, on a recent change in copyright law. This week, the U.S. Supreme Court made clear what has been a gray area of copyright law  copyright owners must register their work with the U.S. Copyright Office before suing for copyright infringement.

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Bridgepoint Education Buys Fullstack Academy For $50.75M

socalTECH

San Diego-based Bridgepoint Education said this morning that i thas acquired Fullstack Academy , an operator of a immersive coding bootcamp, in a deal worth approximately $50.75M, split between $17.5M in cash and up to 4.75 million shares of its common stock. Fullstack Academy operates a web development coding bootcamp, which focuses on cybersecurity training.