Sat.Dec 08, 2018 - Fri.Dec 14, 2018

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Apple to Employ 1,000 at New Culver City Office

L.A. Business Journal

Apple Inc. plans to employ 1,000 people in a new office in Culver City, the Cupertino, Calif.-based tech giant announced today.

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Calibrate Ventures Raises $80M Investment Fund

socalTECH

Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P. According to the newly created venture capital firm, it will focus on early revenue startups, focused on companies across both the consumer and enterprise sectors.

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Razor, Lime Deploy E-Scooters in LA

L.A. Business Journal

Four months after announcing its arrival in Long Beach, Cerritos-based Razor USA will bring shared electric scooters to LA, as well.

Cerritos 166
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Can a revolutionary concept be too late to market?

Berkonomics

Too many startup businesses, especially in the technology world, are built upon brand new concepts that have not yet been proven in the field against products from other companies that already have revenues flowing. As a rule, creating a product that does not fit into an existing space, cannot be defined against one or more competitors, or which needs a long description to understand, will require considerably more market research, more marketing capital, and entail much more risk than one that

Marketing 120
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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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Apple plans major US expansion including a new $1 billion campus in Austin

TechCrunch LA

Apple has announced a major expansion that will see it open a new campus in North Austin and open new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S. The firm said it intends also to significantly expand its presence in Pittsburgh, New York and Boulder, Colorado over the next three years. The Austin campus alone will cost the company $1 billion, but Apple said that the 133-acre space will generate an initial 5,000 jobs across a broad range of roles

San Diego 260
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Interview with Jordan Glazier, Wildfire Systems

socalTECH

Anyone knows that word-of-mouth recommendations--whether from friends, family, or influencers--carries a huge amount of weight when you're making purchasing decisions. So, if you're a marketer, how do you track and encourage those word-of-mouth recommendations? And, if you're a social platform, is there a way to monetize all that activity happening on your service?

San Diego 159

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Can a revolutionary concept be too late to market?

Berkonomics

Too many startup businesses, especially in the technology world, are built upon brand new concepts that have not yet been proven in the field against products from other companies that already have revenues flowing. As a rule, creating a product that does not fit into an existing space, cannot be defined against one or more competitors, or which needs a long description to understand, will require considerably more market research, more marketing capital, and entail much more risk than one that

Marketing 120
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Volvo Trucks teases the all-electric semi truck it’s bringing to California in 2019

TechCrunch LA

Volvo Trucks released teaser images Wednesday of the electric trucks it plans to bring to California next year as part of a demonstration project, the latest truck manufacturer to publicize its electric plans in the state. The attraction to California is no accident. The state has set aggressive targets to improve air quality and reduce carbon emissions, particularly those generated from tailpipes.

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FastPay Names Rubicon Vet As GM And SVP Payments

socalTECH

Los Angeles-based fintech startup FastPay , which offers up faster access to advertising revenue for media companies, said this week that it has named Michael Wehner as its General Manager and Senior Vice President of Payments. FastPay said that Wehner joins from The Rubicon Project, where he was Senior Vice President of Agency & Brand Sales. He also has served at Microsoft, IBM, and Yahoo, and has more than 20 years of sales and business development experience in the digital media area.

IBM 154
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ParagonCoin Settles SEC Dispute for $250,000

L.A. Business Journal

ParagonCoin Inc., headquartered in Hollywood, settled an Initial Coin Offering (ICO) dispute with the Securities and Exchange Commission Dec. 13, agreeing to pay a fine of $250,000 and provide investors with the opportunity to recoup their lost funds.

Hollywood 113
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11th Annual Digital Family Reunion

SoCal Tech Calendar

Wednesday, December 12, 2018 -- Digital Family Reunion. Please join us for the 11th Annual Digital Family Reunion, the premier holiday party celebrating LA's vibrant technology community. Come reconnect with old friends and enjoy quality networking with fellow technology, media and finance professionals from across biotech, martech, fintech, blockchain, healthtech, IoT, big data, VR, AR, AI, entertainment and more.

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AppOnboard raises $15 million to let Android users try before they buy apps on Google Play

TechCrunch LA

Pitching app developers with a new way to convert app browsers into actual customers, AppOnboard has raised $15 million in a new round of funding, the company said. Based in Los Angeles, AppOnboard sees itself as one of a new breed of LA startup that’s steeping itself in the local ecosystem and trying to be one of the cornerstone’s for a new technology hub in the southern California region.

Google 213
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Ring's Latest Patent Application Raises Alarms Among Privacy Advocates

socalTECH

Santa Monica-based Ring has just received a patent on adding facial recognition to its cameras--allowing some future version of the camera to automtically call police on a "suspicious" subject--in a move that has raised alarms among privacy and social advocates. The patent--invented by Ring founder Jamie Siminoff, and applied for by Amazon--involves using multiple, connect Ring Doorbells in a neighborhood to create a composite image of anyone approaching a doorbell and deciding "whether or not t

Patents 153
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AppOnBoard Closes $15 Million Series B

L.A. Business Journal

Mobile app demo and analytics platform AppOnboard Inc., based in Santa Monica, announced Dec. 11 it completed a $15 million series B funding round led by Breakaway Growth Fund, bringing its total 2018 fundraising to $30 million. To date, AppOnboard has raised $35 million.

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San Antonio Seeks to Be Known as Silicon Valley of Military Medicine

Xconomy

San Antonio — When it comes to medical technology, what’s good for the military isn’t always good for the private sector. It’s often difficult for military researchers to find investors who will help them privately commercialize the innovations they develop, in part because the duties of military physicians are different than those of civilian doctors.

Research 111
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Lyft is becoming a one-stop transportation app in these 3 cities

TechCrunch LA

Lyft is turning its app into a one-stop multimodal transportation app in a few U.S. cities, the latest illustration of its transformation from ridesharing startup to a company that wants to own, or at least be a part of, every way people move from Point A to Point B, whether it’s cars, bikes, scooters or even public transit. This new version of Lyft’s app, which allows users to request a shared car, find a scooter or bike, as well as see nearby public transit options, is only availab

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Cylance Launches Virtual Chief Information Security Officer Service

socalTECH

Irvine-based cybersecurity software developer Cylance has launched a new service, intended to help companies patch the inability to fill the holes they have in the cybersecurity area, which will provide a "virtual Chief Information Security Officer" (CISO). According to Cylance, the new "CISO-in-a-Box" offering will help organizations by providing critical technology and security resources, and staff augmentation to help identify, assess, and communicate security risks to their management teams

Services 133
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RealD Installing 100 New Screens in China

L.A. Business Journal

3D and visual technology developer RealD Inc. announced Monday it signed a deal with Beijing, China-based Wanda Cinema Line Corp. to install RealD 3D film screens into 100 of its theaters across China.

Screening 113
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Udacity Achieves 50,000 Nanodegree Grads Amid Company Reorganization

Xconomy

Udacity , a pioneer in the online teaching of IT skills, is celebrating a milestone today—50,000 students have now graduated from one of its revenue-generating “Nanodegree” programs. Launched four years ago, the Nanodegree courses allow students worldwide to gain expertise in areas such as data analytics, machine learning, and autonomous flight engineering by completing coursework that can take as little as six months.

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2018 ACG 101 Holiday Reception and Spark of Love Toy Drive

SoCal Tech Calendar

Wednesday, December 19, 2018 -- 2018 ACG 101 Holiday Reception and Spark of Love Toy Drive. ACG 101 Corridor Chapter.

ACG 100
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The Grinch Comes To Jam City's Panda Pop

socalTECH

Los Angeles-based mobile app developer Jam City says the classic Dr. Seuss character, The Grinch , is crashing its popular Panda Pop again this year, as a special holiday collaboration with Dr. Seuss Enterprises and White Space Entertainment. According to Jam City, The Grinch will be featured in special artwork, events, and prizes through December in its bubble shooter game, as well as events and activities for its players.

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Maple Media Acquires Banana & Co. Gaming Portfolio

L.A. Business Journal

Mobile advertising firm Maple Media announced Monday it acquired the intellectual property rights to San Francisco-based game developer Banana & Co.’s game portfolio.

Media 113
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7 Keys To Business Relationships That Lead To Success

Startup Professionals Musings

Investors invest in people, not ideas. Customers buy from people, not companies. Employees rally for a great leader, not a brand. As an entrepreneur, you need relationships to succeed. That means relationships with team members, investors, customers, and vendors. One of the best ways to build a good relationship with anyone is to make them feel important.

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The Power of Dreams: Making a Difference as a Detroit Entrepreneur

Xconomy

Those born and raised in Detroit are used to defying expectations, but making your dreams a reality is never an easy task. It involves overcoming both personal and professional hardships, which is why I named my business Make Your Dreams Come True (MYDCT). Inspired by what I wanted to do for both myself and others, I knew no other name would truly fit my vision for my business.

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Virgin Galactic Returns To Space In Fourth Test Flight

socalTECH

Mojave-based Virgin Galactic , the spaceflight and space tourism company founded by Sir Richard Branson, has returned to space , after its fourth test flight on Thursday. According to Virgin Galactic, the SpaceShipTwo VSS Unity landed successfully after reaching 51.4 miles above the earth, reaching speeds of three times the speed of sound above Mojave.

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Snap Hires New Communications Officer

L.A. Business Journal

Snap Inc., based in Santa Monica, announced Dec. 10 Julie Henderson will join the social-focused camera company as chief communications officer.

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8 Guiding Principles For Pursuing A Winning Venture

Startup Professionals Musings

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. But unfortunately, most of these ideas fail at the execution level, or are not truly innovative. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements.

Guide 95
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Pear Therapeutics App Gets FDA Nod for Treating Opioid Abuse

Xconomy

Doctors and other caregivers have a new weapon to combat the opioid epidemic. But it’s not a pharmaceutical drug—it’s a mobile app. This week, the FDA cleared “reSET-O,” an app developed by “digital therapeutics” startup Pear Therapeutics, for sale in the U.S. as a treatment for patients recovering from opioid abuse disorder.

Mobile 82
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Vyng Picks Up $4M For Video Ringtones

socalTECH

Venice, California-based startup Vyng , which develops software which turns calls from friends into cute "video ringtones" that show up on your lock screen when a friend calls, has raised $4M in a funding round, the company said on Thursday. Vyng said it raised $4M in its Series A funding, which was led by Omidyar Network India, and also included March Capital Partners, Alpha Edison, and the Entrepreneur Fund.

Venice 133
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Silicon Beach Report Dec. 13: Vyng Raises $4 Million

L.A. Business Journal

Postmates bringing delivery robots to LA; Riot Games leads Hypixel investment; Vyng Series A totals $4 million

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8 Ways To Prepare Yourself For Business Crises Ahead

Startup Professionals Musings

Most entrepreneurs see their new venture as a fun adventure, until the pressures of a cash flow crisis, or a manufacturing quality problem, or a major customer satisfaction problem hits. Even with all my years of experience mentoring in business, I can’t predict how you will prepare for and react to pressure situations. I wish I could, since these often make or break your business future.

Startup 82
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McAfee CTO On Election Hacking, Cryptojacking, Quantum Security

Xconomy

Election hacking. Information warfare. Adversarial artificial intelligence. All worrisome topics racing through Steve Grobman’s head these days. But the McAfee chief technology officer seems surprisingly upbeat about the prospects of meeting these cybersecurity challenges—or at least putting up a good fight. I met Grobman at a coffee shop in downtown Boston last week.

CTO 79
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Brain Corp Taps NVIDIA Hardware For AI Efforts

socalTECH

San Diego-based artificial intelligence software developer Brain Corp says it has linked up with processor developer NVIDIA , to power its latest product, an earlier announced commercial vacuum cleaner from SoftBank Robotics. According to Brain, it selected NVIDIA's Jetson to run its software for its self-driving robot technology, which SoftBank Robotics is rolling out to commercial customers in Japan next year.

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Silicon Beach Report Dec. 11: AppOnboard Raises $15 Million

L.A. Business Journal

Hulu opens ad bidding; Calibrate Ventures completes inaugural fund; AppOnboard funding totals $35 million.

Hulu 100
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5 Lessons For New Venture Founders From Great Chefs

Startup Professionals Musings

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entrée for the first time – you need a recipe, even though it may look simple. You know the basic ingredients, and you can visualize the results you want. Yet you may not be so sure where to start, and how to put it all together. In all cases, don’t skip the basic training.

Startup 81
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Apple Plans 5,000 Jobs for New Austin Site as Part of Nationwide Expansion

Xconomy

Austin —Apple expects to make thousands of new hires around the country from Seattle to New York, the company announced Thursday, with its biggest growth planned for Austin, TX. The computer and smartphone manufacturer plans to hire 5,000 new employees in Austin and to spend $1 billion building a new campus on the north end of Austin. It will be near Apple’s existing facilities where the company currently employs 6,200 workers, which is the second largest number of employees outside of the

Sites 79