Sat.Apr 01, 2017 - Fri.Apr 07, 2017

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GumGum Jumps Into Publishing With New Site

socalTECH

Santa Monica-based GumGum , the developer of computer vision and artificial intelligence software focused on the advertising industry, has jumped into the online publishing business, saying it has started a new online publication call The Visionary. GumGum said it will publish original and curated content, a newsletter, awards and more focused on artificial intelligence and computer vision.

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Vision for your future success is EVERYTHING!

Berkonomics

I love absolute statements. And this is one of my favorites. You’re at the ignition stage of your newest business venture. Of course, you have a vision for what you will do to change the world. Let’s stress test that vision and sharpen it further to help insure your success. First, if your vision is limited and you will be happy with a successful local dry cleaning enterprise or small restaurant around the corner, you are not the target for this effort to help entrepreneurs build great busine

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Silicon Beach Report April 6: Hyperloop One Asks Public to Suggest U.S. Routes, Selects 11 Regions for Further Study

L.A. Business Journal

Hyperloop One asks public to suggest U.S. routes and selects 11 regions for further study, on-demand doctor app Heal adds Obama’s Secretary of Navy to board, and Virgin Galactic planning for test space launch before end of year.

Study 170
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Virtual and Augmented Reality Tech Salon

SoCal Tech Calendar

Thursday, April 13, 2017 -- Virtual and Augmented Reality Tech Salon. Join us (FREE) to discover what is happening in the world of Virtual and Augmented Reality. How will healthcare be transformed? Will I attend my college lecture course virtually? How will the way we experience cinema change? What will the definition of social situations evolve to mean?

Course 100
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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 Liferay Grew To More Than $100M After Starting In A Church Basement

socalTECH

Diamond Bar-based LifeRay (www.liferay.com) is a company that not too many people have heard of, but which is used to run the websites for such well known organizations like Toyota, T-Mobile, Coach, Fujitsu, Allianz, and Sesame Street. And, even more impressively, it's now seeing more than $100M in annual revenues--without ever having taken any institutional or venture capital.

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How Battling New Epidemics Helps Fight Age-Old Killers

Xconomy

Washington state has reported nearly 300 cases of mumps this winter and experts predict this may be the state’s worst flu season in years, a stark reminder of how dangerous even familiar viruses can be. While the Ebola and Zika outbreaks have dominated the headlines in recent years, they are part of a paradigm we have seen for centuries. Any time a highly transmissible pathogen is introduced into a susceptible population, there is the potential for substantial detrimental health outcomes.

Help 75

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Mobile Device Battery Breakthrough

SoCal Tech Calendar

Wednesday, April 12, 2017 -- Mobile Device Battery Breakthrough. Clean Technology Council. Leland Smith shows how his new Millibatt can power the new breed of devices and small wearables that were not feasible with existing coin-cell or thin-film batteries. His batteries provide up to times higher energy density. The impact of this technology is enormous.

Mobile 100
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Tocagen Sets IPO Pricing Range

socalTECH

San Diego-based Tocagen , a clinical stage gene therapy company aiming at treating cancer, has set the pricing range for its IPO. The company said in a filing that it expects to offer 7,250,000 shares of its common stock at between $10.00 and $12.00 per share. The company has applied to list as TOCA on the NASDAQ Global Market. Tocagen's IPO is being underwritten by Leerink Partners, Evercore ISI, and Stifel.

Pricing 160
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Angionetics Nears Key Gene Therapy Trial for Coronary Heart Disease

Xconomy

Christopher Reinhard will tell you there is nothing unusual about the 20-plus years he’s spent getting an experimental heart therapy to late-stage clinical trials. “Very rarely will you get a short story on development of a drug,” said Reinhard (above), who is a principal investor and the CEO of San Diego-based Angionetics. Two decades “is about what you would expect” for a new drug-making method, Reinhard said.

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SpaceX Plans ‘Silly Payload’ on First Falcon Heavy Launch in Late Summer

L.A. Business Journal

When SpaceX’s Falcon Heavy lifts off for the first time this summer it will rank as the most powerful operational rocket in the world by a factor of two - but its payload will less than serious.

SpaceX 145
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Funding your Innovation

SoCal Tech Calendar

Wednesday, April 12, 2017 -- Funding your Innovation. Santa Ana District SBDC. This course is about selling your innovation to investors, grant proposal reviewers, potential strategic partners, and to your intended customers. They are each distinguishable in terms of how to be approached, but all share very similar buyer behavior characteristics, especially in the face of change and disruption.

Funding 100
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NVCA: Venture Investments Drop In Q1

socalTECH

Venture capital investments in the U.S. have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report. According to the report, there was $16.5 billion deployed to 1,797 companies nationaly in the first quarter of the year.

Invest 147
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7 Keys to Positive Results Utilizing Social Media

Startup Professionals Musings

Most startups, and many big businesses, still don’t have a clue on how to use social media productively for marketing their business. They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches.

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Silicon Beach Report April 5: SpaceX Gains Substantial Cost Savings from Reused Falcon 9

L.A. Business Journal

SpaceX gains substantial cost savings from reused Falcon 9, TaskUs moves headquarters to Santa Monica Airport, and Enthusiast Network launches Motor Trend streaming video in UK and Europe.

SpaceX 133
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FounderMade - Future of Food Summit

SoCal Tech Calendar

Saturday, April 8, 2017 -- FounderMade - Future of Food Summit. A conference for investment and discovery in the food industry that will include food entrepreneurs, influencers, investors and innovative companies.

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Broadcom, Qualcomm Among Happiest Tech Companies, Says Report

socalTECH

A new report, created by Irvine-based online career community CareerBliss , says that two of Southern California's biggest tech employers-- Broadcom and Qualcomm , are among the top happiest tech companies in the USA. Broadcom was number 3 on the company's list, and Qualcomm was number 9, based on ratings of leadership, culture, compensations and overall work environment.

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5 Steps On The Success Path For Every Small Business

Startup Professionals Musings

Entrepreneurs always work hard to create an innovative product or service, but often count on standard seller marketing for sales. But the reality is that sellers are no longer in charge of the customer buying process. Reports suggest that 90% of today’s shoppers skip marketing pitches, to research online before they buy, and over 50% check user reviews before making a decision.

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Spotify, Universal Music Agreement Offers Album First Dibs to Subscribers

L.A. Business Journal

Music streaming service Spotify and Universal Music Group announced a multiyear global license agreement Tuesday that will allow Universal artists the option to release new albums to premium subscribers for two weeks before public distribution.

Services 133
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First-Quarter Venture Funding Slumps in San Diego, and Top 10 Deals

Xconomy

Thirty-seven venture-backed companies in the San Diego area collected almost $350 million in new funding during the first three months of 2017, according to data released this week as part of the latest Venture Monitor report from the National Venture Capital Association and Seattle-based PitchBook. That was down 39 percent from the $574.5 million that VCs invested in San Diego startups in the same quarter in 2016, and off nearly 17 percent from the $420.3 million invested in the prior quarter,

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Ingenu Enables Maritime Vessel Monitoring Product

socalTECH

San Diego-based Internet-of-Things networking technology developer Ingenu 's technology is being used for maritime vessel monitoring, the company said this morning According to Ingenu, its technologies is using for Orolio's McMurdo Omnicom Solar Fishing Beacon, a new system that s being used for maritime vessel communications and fisherings monitoring.

Product 124
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10 Ways To Win With Multiple Concurrent Businesses

Startup Professionals Musings

With the cost of entry at an all-time low, and the odds of success equally low, more and more entrepreneurs are starting multiple companies concurrently. This “parallel entrepreneur” idea has been around since at least the days of Thomas Edison, and for the new generation of entrepreneurs, who have been multi-tasking since birth, it’s probably not even a stretch.

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Silicon Beach Report April 3: SpaceX Plans ‘Silly Payload’ on First Falcon Heavy Launch in Late Summer

L.A. Business Journal

SpaceX plans ‘silly payload’ on first Falcon Heavy launch in late summer, Snapchat adds Instagram layout as April Fools’ joke, and Wpromote acquires Prime Visibility.

SpaceX 124
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FDA OKs 23andMe’s Direct-to-Consumer Genetic Tests, With Caution

Xconomy

[ Updated 4/6/17, 7:42 pm. See below. ] Consumers who aren’t squeamish about spitting into a tube and sending it to a lab can now have 23andMe test those samples to assess their risk of developing Parkinson’s, Alzheimer’s, and eight other disorders. On Thursday, the FDA gave the Mountain View, CA-based genetic testing startup the green light to market these tests directly to consumers.

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Uber, AEG In Partnership Deal For L.A. Live, StubHub Center

socalTECH

Los Angeles-based sports and entertainment venue operator AEG and rideshare transportation provider Uber announed a partnership on Wednesday, which makes Uber the "official rideshare and transportation provider" for 27 of AEG's venues and assets. The deal includes the STAPLES Center, L.A. LIVE, StubHub Center, LA Galaxy, LA Kings, and more. Financial details of the partnership were not announced.

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7 New Business Realities Challenging Every Business

Startup Professionals Musings

Even small business have a global reach these days, thanks to the Internet. Thus every entrepreneur and business owner needs to see their market in that context, understanding the global forces that will impact them sooner or later. This impact can be positive, as a huge untapped opportunity, or negative as a global competitor invades your local space.

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Silicon Beach Report April 4: Spotify, Universal Music Agreement Offers Album First Dibs to Subscribers

L.A. Business Journal

Spotify and Universal Music agreement offers album first dibs to subscribers, FreedomPop launches plan for small businesses, and Pluto TV taps former E! exec Robert Magdlen as chief programming officer.

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Slowdown Continues in First-Quarter VC Funding—and Top 10 Deals

Xconomy

Is a caution flag flying? While U.S. venture firms refueled last year by raising a near-record $51.6 billion , they also eased off the throttle in terms of their investment activity during the first quarter of 2017, according to data released today by Seattle-based PitchBook and the National Venture Capital Association (NVCA). According to the latest Venture Monitor report, VCs invested slightly more than $16.5 billion in 1,797 startups in the first three months of the year.

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Two Bit Circus Launches Education Nonprofit

socalTECH

Los Angeles-based Two Bit Circus , the entertainment startup founded by Brent Bushnell, and non-profit T4G.org announced this morning that they have launched the Two Bit Circus Foundation. The Two Bit Circus Foundation said it is designed to cultivate the next generation of inventors, advance environmental stewardship and spur community engagement. T4T.org salvages manufactured goods for use in educational projects, to help in the areas of STEAM (science, technology, engineering, art and math) l

Education 124
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Why Mentors Are Needed To Spark Future Entrepreneurs

Startup Professionals Musings

As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Business is not rocket science, and one-on-one guidance face-to-face, with a real project, trumps the classroom and mistakes every time.

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Upfront Ventures’ Mark Suster Quickly Bought in to L.A.’s Future as a Tech Development Hub.

L.A. Business Journal

Upfront Ventures’ Mark Suster plugs L.A.’s tech scene after forming an early connection.

Develop 140
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Stealthy San Diego-based Viracta Steps Into Light with $18.5M

Xconomy

Viracta Therapeutics, a San Diego anti-cancer biotech that has been operating below the radar for nearly two years, is today disclosing an initial closing on what could amount to as much as $18.4 million in Series B financing. Viracta plans to use the proceeds to advance its lead drug candidate into mid-stage trials for treating cancers associated with the Epstein Barr Virus.

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FreedomPop Aims At Small Business Market

socalTECH

Los Angeles-based FreedomPop is taking aim at the small business market today, with its free phone service, saying it will offer up small businesses unlimited talk and text, plus a limited amount of data, for up to two users--all for free. The company, which until the move was focused primarily on consumers, said it is looking to serve low data usage businesses with its new business free phone service.

Marketing 124
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Independa Hires Away VP From WebMD

socalTECH

San Diego-based Independa , which is creating technology used to help seniors live longer independently at home, has named former WebMD executive Jennifer Willey as its Chief Business Officer. Independa said that Willey was previously Senior Vice Prisident of Consumer Strategy and Partnerships at WebMD Health Corporation. She also has served at Yahoo, AOL, Sharecare, and Everyday Health, along with working as a news anchor and reporter at CBS and ABC affiliates in South Carolina and New York.

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AeroVironment Releases New EV Charger Product

socalTECH

Monrovia-based AeroVironment is expanding its lineup of chargers for the electric vehicle market, with a new product specifically aimed at the forklift and materials handling market. According to AeroVironment it has launched a new product, ConnectRx, as part of its PosiCharge ProCore line of electric forklift chargers. The company said the new product implements a new sophisticated charge algorithm, battery thermal management, and anti-arc technology.

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Rubicon Project Plans Video Header Bidding Rollout In Q2

socalTECH

Los Angeles-based online advertising exchange operator Rubicon Project said on Thursday that it plans to roll out its new video header bidding offering, FastLane for Video, in the second quarter. The company said the plan comes after what it called "early success" in beta testing with multiple video publishers. The company claimed "double-digit" percent CPM rate increases among its beta publishers for the tool.

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TP-Link Ties Into Amazon Alexa

socalTECH

Brea-based TP-Link , which develops both networking products as well as a line of connected, color-changing light bulbs, said it has tied its TP-Link Smart Bulb line into Amazon Alexa. According to TO-Link, consumers can now control the color and white-tuning features of those bulbs via new smart home skill, "TP-Link Kasa". The new skill lets users turn bulbs on and off, change brightness and color settings, and individually control lights in different rooms.