Sat.Jan 25, 2020 - Fri.Jan 31, 2020

Caltech Wins $1.1 Billion Patent Verdict Against Apple, Broadcom

L.A. Business Journal

Caltech won a $1.1 billion verdict against Apple and Broadcom for allegedly infringing on the Pasadena university's wireless technology patents

For alternative meat manufacturer Beyond Meat, fast food chains giveth and taketh away

TechCrunch LA

Beyond Meat, the publicly traded producer of plant-based protein replacements for meat, is currently giving other companies in the alternative meat space an education in just how finicky appealing to consumer tastes can be.

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SpaceX Plans To Build Starships In Port Of LA


Hawthorne-based SpaceX is reportedly planning to set up a new factory to build its next generation, Starship rockets at the Port of Los Angeles, according to a report from CNBC on Thursday. The rocket factory is expected to be up and running in as little as 90 days, according to the report. SpaceX had been building a prototype of the next generation rocket in Boca Chica, Texas. The Starship is at the core of SpaceX founder Elon Musk's plan to use the vehicles to launch people to Mars.

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Why document your company’s tribal knowledge?


The processes you and your subordinates follow. It is not common for the CEO of a rapidly growing company to think of slowing down the furious pace enough to have each manager (including the CEO) document the job process managed, as well as see to the documentation for each process managed below.

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.

Startups Need Your Data, But Consumers Are Still Wary

Startup Professionals Musings

Neither people nor computers can really help you as a personal assistant unless you are willing to share data about what you like, what you feel, and who and what’s important to you.

LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. on Sunday.

More Trending

Special edition: Building semi pro audio video studio


Like to make professional videos for a small cost? Postings to on-line sites? Dave takes you through the process, shows the results, and gives you the costs. There’s lots more information you will find as you experiment and may need when selecting and learning the tools Dave lists.

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8 Errors To Avoid In Your First Minute With Investors

Startup Professionals Musings

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers.

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SpaceX reportedly looking to build Starship rockets at Port of LA

TechCrunch LA

SpaceX is said to be in talks with local government officials about setting up a new rocket factory in the Port of Los Angeles, a location that would give it easy access to the ocean for transporting its next-generation Starship and Super Heavy launch vehicles to its coastal launchpad sites in Florida.

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OpenX's Tim Cadogan To Take Over At GoFundMe


Tim Cadogan , the current CEO of Pasadena-based OpenX , is set to take over at San Diego-based GoFundMe , according to GoFundMe. Cadogan is taking over for Rob Solomon, who had been CEO of GoFundMe for the last five years. The reason for the shift was not given, however, GoFundMe said that Solomon will stay as Chairman of the company. GoFundMe lets peopel raise money through crowdfunding, for everything from charitable causes to personal needs. READ MORE>>.

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BYD Buses Rolling into Toronto

L.A. Business Journal

BYD Motors Inc., the downtown-based electric bus manufacturer, delivered two vehicles to the Toronto Transit Commission, Canada’s largest transit operator, as the first part of a 10-bus order


7 Keys To Active Listening For Real Customer Feedback

Startup Professionals Musings

Entrepreneurs and business executives seem to be even more focused on their technology than the rest of us, and less inclined to listen to the voice of the customer, even if they remember to ask.

KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources.

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Caltech Wins $1.1 Billion Lawsuit Against Apple And Broadcom


The California Institute of Technology has won a $1.1 billion patent lawsuit it filed against Apple and Broadcom on Wednesday, where it had alleged the infringement of its patents on Wi-Fi technology. The lawsuit--which had been filed in 2016--had alleged that Broadcom's wireless chips infringed on the university's patents. Those chips are widely used in Apple's iPhones. Both Broadcom and Apple have said they will appeal the verdict. READ MORE>>.

Draper Goren Holm Backing LunarCrush

L.A. Business Journal

Venture capital and private equity investment firm Draper Goren Holm has made its first investment since a major management move in December, leading a seed round for Costa Mesa-based LunarCrush Inc

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8 Strategies To Optimize Your Business Pace Of Change

Startup Professionals Musings

Entrepreneurs and startups are big believers in innovation, but sometimes they forget that innovation must be continual to assure long-term success, rather than the one big-bang idea that initiated their journey.

Looking to new products, Bev adds strategic investors and redoubles focus on women entrepreneurs

TechCrunch LA

Looking for fellow travelers to join in on its mission to transform the beverage business, the Los Angeles-based startup Bev has taken on fresh capital from a slew of strategic investors. .

Synedgen Raises $2.6M


Claremont-based Synedgen , a biotechnology company developing wound care technology, said this morning that it has raised $2.6M in funding. Source of the funding was not announced. According to the company, the funding will go towards commercialization of two, U. Food and Drug Administration (FDA) 510(k)-cleared products for wound care. The comopany says it is using glycochemistry for development of its drugs, which it says enhance and mimic the innate immune system.

Activision Brings on Sponsors

L.A. Business Journal

Santa Monica-based game publisher Activision Blizzard Inc. signed several high-profile sponsors for its new “Call of Duty” League, two weeks after launching the professional esports competition

Why Successful Startups Often Have A Pair Of Founders

Startup Professionals Musings

In my work with new startups, I often find people who believe that the terms “ entrepreneur ” and “ inventor ” are interchangeable. Yet I find a big difference between “starting a new business” and “creating a new product.”

BIO Report: More Work Needed to Improve Diversity at Biotech Firms


Some companies that belong to the Biotechnology Industry Organization (BIO), a large industry trade group, convene diverse hiring committees, seek out representation among their suppliers and vendors, and are led by executives that talk regularly about the importance of an inclusive workforce.

Report: Electric Vehicle Adoption Could Create Jobs, Spur Economic Growth


A new report, issued by Next 10, a group which advocates for improving the quality of life in California, claims that the electrification of light-duty vehicles in California would boost the state economy, in particular by avoiding fuel costs.

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Bird Buys Berlin Company

L.A. Business Journal

Electric scooter operator Bird Rides Inc. acquired Circ, an electric scooter company headquartered in Berlin, in a bid to expand the Santa Monica-based company’s European operations

Game Design Showcase 2020

SoCal Tech Calendar

Friday, January 31, 2020 -- Game Design Showcase 2020. Celebrate and play original games created by NYFA's Game Design graduating class! Join the NYFA Game Design graduating class of 2020 as they head off on their next big adventure: the real world! The NYFA Game Design Showcase features drinks, food and original video games and board games created by our MFA and BFA graduate students!

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BioIntelliSense Debuts ”Sticker” Sensor to Capture Patient Data Remotely


Subtle changes can presage a worsening of a chronic condition, but symptoms may not become apparent to a patient until it’s time to call an ambulance.

Cornerstone OnDemand Joins Blockchain Technology Group


Santa Monica-based Cornerstone OnDemand said this morning that it has joined an industry group, which is looking to accelerate the development of a universal blockchain-powered network for human resources.

MedMen CEO Bierman Steps Down

L.A. Business Journal

Adam Bierman will step down in February from the cannabis company he helped establish in 2010

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Do Your Employees Deserve a Raise?

Startup San Diego

When is the right time to give someone a raise or promotion? What if they ask you for one before you think they're ready? Here are some tips to navigate this situation. The post Do Your Employees Deserve a Raise? appeared first on Startup San Diego. Guides

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Aimmune Awarded First FDA Approval for a Peanut Allergy Therapy


An Aimmune Therapeutics drug developed to treat peanut allergy won FDA approval late Friday—the first time the agency has approved an oral immunotherapy for a food allergy. The Aimmune (NASDAQ: AIMT ) drug, Palforzia, was developed to desensitize patients to peanuts.

ServiceNow Acquires Passage AI


ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Financial details of the buy were not announced. According to ServiceNow, the deal will help it advanced its own artificial intelligence capabilities, including the addition of support for all major languages on its platform.

Whip Media Raises $50 Million

L.A. Business Journal

Multimedia analysis firm and TV Time parent company Whip Networks Inc. raised a $50 million Series D

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Evolution Smart Bag

Startup San Diego

Learn more about Evolution Smart Bag and how the founder, Angela Marino, went from idea to concept to shipping out her first orders within a couple years! The post Evolution Smart Bag appeared first on Startup San Diego. Startup Spotlight

Arcutis Bio Raises $159M in Upsized IPO to Test Skin Disease Drugs


Arcutis Biotherapeutics raised about $159 million from its IPO, offering 1.6 million more shares than anticipated and pricing at the high end of its planned range. The Westlake Village, CA-based biotech sold about 9.4 million of its shares at $17 apiece.

Quid To Offer Pre-IPO Loans


Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock. According to the companies, the business will provide company employees and shareholders access to money for their shares, with the money repaid when the company has an IPO or sale. to Lay Off 130

L.A. Business Journal

Auto information and car appraisal service Inc. will lay off 130 employees, effective in March to Lay Off 130

L.A. Business Journal

Auto information and car appraisal service Inc. will lay off 130 employees, effective in March