Sat.Nov 16, 2019 - Fri.Nov 22, 2019

Hyundai Launching New Car Sharing Business In LA

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Hyundai is getting set to launch a new, car-sharing service in Los Angeles, called Mocean Carshare , the company said this week, ahead of the Los Angeles Auto Show. According to Hyundai, its new venture, MoceanLab , will initially launch with 20, plug-in-hybrid vehicles, with plans to eventually include 300 electric vehicles in its fleet, according to the auto maker.

TriNet sent remote workers an email that some thought was a phishing attack

TechCrunch LA

It was the one of the best phishing emails we’ve seen… that wasn’t. Phishing remains one of the most popular attack choices for scammers.

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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Honey Acquired by PayPal for $4 Billion

L.A. Business Journal

PayPal Holdings Inc. paid $4 billion to acquire Mid-Wilshire-based ecommerce software developer Honey Science Corp

What is the real goal for our management and company?

Berkonomics

Often, we joke together as managers of companies or of people that our goal is “world domination” or “to crush the competition.” But no matter how stated, the primary goal of an enterprise is to make money. The three measures of progress. How do you measure progress toward such an undefined goal?

5 Ways To Increase Your Agility In The Face Of Change

Startup Professionals Musings

As a business and entrepreneur advisor, I have no trouble getting owners and managers to agree that change is happening faster and faster in the consumer and technology world, requiring them to keep their business more agile , just to keep up.

Heliogen’s new tech could unlock renewable energy for industrial manufacturing

TechCrunch LA

Last Monday a group of millionaires and billionaires took a trip to an industrial site in Lancaster, Calif. to witness the achievement of what could represent a giant leap forward in the effort to decarbonize some of the world’s most carbon intensive industries.

Alexa Can Now Order You A Chipotle Burrito

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Newport Beach-based fast food chain Chipotle is making it easier for you to order its burritos and other items, through a new link into Amazon Alexa , the company said on Thursday. Chipotle said that it has launched a Chpotle skill for Alexa, which allows its members to reoder their favorite meals for either delivery or pickup. According to Chipotle, users can download Amazon Alexa and enable the Chipotle skill, and link their Chipotle profile and reorder at any time.

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10 Traits of Leaders Who Can Hold People Accountable

Startup Professionals Musings

Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is the core element behind accountability.

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Audi’s next all-electric vehicle, the e-tron Sportback, is a “coupé” SUV

TechCrunch LA

Audi revealed Tuesday evening in Los Angeles the e-tron Sportback as the German automaker begins to chip away at its plan to launch more than 30 electric vehicles and plug-in hybrids by 2025.

SpaceX Starship Prototype Reportedly Explodes In Texas

socalTECH

A prototype of a SpaceX Starship, which is undergoing testing in Texas, reportedly exploded during pressure testing on Wednesday afternoon.

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Los Angeles Auto Show 2019

SoCal Tech Calendar

Wednesday, November 27, 2019 --.

8 Techniques For Shining A Light On Your Blind Spots

Startup Professionals Musings

Most of us have blind spots in our ability to build a business, due to lack of experience, too much ego, over-confidence, or unjustified faith in a subordinate.

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Volkswagen’s new all-electric concept wagon could be coming to the U.S. by 2022

TechCrunch LA

Volkswagen revealed Tuesday evening a new concept vehicle called the ID Space Vizzion, and despite the crazy Frank Zappaesque name, this one might actually make it into production in Europe and North America.

Video Interview: Karen Caswelch, SciArt Software

socalTECH

Our interview today is with Karen Caswelch , the CEO of SciArt Software (www.sciartsoftcom), a startup developing design software for the aerospace industry. We spoke with Karen at the recent Techstars Starburst Space Accelerator in Los Angeles. READ MORE>>.

Los Angeles Auto Show 2019

SoCal Tech Calendar

Tuesday, November 26, 2019 --.

8 Tips For Right-Brain Entrepreneurs To Build Balance

Startup Professionals Musings

Traditionally, the majority of entrepreneurs have been logical thinkers, problem solvers, with full attention to details. These are the stereotypical left-brain engineers.

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LA-based Maslo pivots to professional services, launching an AI product for executive coaching

TechCrunch LA

When the Los Angeles-based startup Maslo launched its first product in early 2018 , the company was focused on a direct-to-consumer tool designed to encourage mindfulness and self-awareness through a machine learning enabled avatar that would respond to individual’s inputs.

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AutoVitals Gets Private Equity Investment

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Goleta-based AutoVitals , which develops software-as-a-service (SaaS) products for the automotive repair and maintenance software business, has raised a round of private equity, the company recently announced, from private equity investor Tritium Partners. According to AutoVitals, the strategic growth investment will go to expand and enhance its offerings. As part of the investment, the company said it named a new CEO, Jon Belmonte, to lead the company.

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Los Angeles Auto Show 2019

SoCal Tech Calendar

Monday, November 25, 2019 --.

Look For The Hunter Gene In Every New Venture Founder

Startup Professionals Musings

Most entrepreneurs believe they are “different,” but they can’t quite understand how. They usually explain it by insisting that they are driven to follow their passion, need to be their own boss, want to get rich quick, or want to change the world.

Vulog will power Hyundai’s new LA car-sharing service

TechCrunch LA

The technology behind Hyundai’s new car-sharing service in Los Angeles is provided by a company that is largely unknown despite its ubiquity. Vulog announced Tuesday during Automobility LA that Hyundai will use its technology platform for a car-sharing pilot that will launch in Los Angeles at the end of 2019 and will eventually grow to 300 vehicles. Vulog might have a low profile, but it’s hardly a startup.

SurePrep Gets Growth Investment

socalTECH

Irvine-based SurePrep , a developer of tax automation software and services for the professional tax return preparation market, has received what it calls a "significant" minority growth investment. The investment came from private equity investor Bregal Sagemount. Size and details on the financing round were not announced.

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Los Angeles Auto Show 2019

SoCal Tech Calendar

Sunday, November 24, 2019 --.

Biopharma Execs Remain Optimistic Despite Political Headwinds

Xconomy

Drug pricing debates and uncertainty associated with Brexit are the issues most likely to keep biopharmaceutical executives awake at night. Nevertheless, senior figures remain optimistic about the industry’s prospects in 2020.

Honey Acquired By PayPal For $4 Billion

socalTECH

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. PayPal said the acquisition will help it in its efforts in digital commerce, and add an "extensive" set of consumer commerce capabilities to the company. Honey was founded in 2012 by George Ruan and Ryan Hudson.

TaskUs Founders Receive National Entrepreneur Of The Year Award

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The founders of Santa Monica-based TaskUs , CEO Bryce Maddock and President Jaspar Weir, have received a national award as part of the Ernst & Young Entrepreneur Of The Year program, the only Southern California entrepreneurs to gain recognition in the yearly program. The two received the Entrepreneur Of The Year 2019 Award in the Services category, one of only 11 categories awarded in the E&Y program.

The Stylist LA Relaunches Subscription Rental Service

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Wish there was some way you could always be the most fashionable person in your office or in your social circle? Los Angeles-based The Stylist LA says it has exactly what you're looking for--a subscription, rental service for fashion items. The Stylist LA says it has re-launched its rental subscription service, The Box by The Stylist LA , which it says lets members rent up to three pieces of fashion at once with unlimited swapping and complimentary laundering, all for $79 per month.

Wave Creates VR Driven, Live Concert Product

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Los Angeles-based Wave --which was until recently known as TheWaveVR--has connected its virtual reality technology into the world of live concerts, the company said on Thursday. According to Wave, it has launched a new, mulkti-channel virtual entertainment platform, specifically allowing artists to perform live for fans in online games, social networks, live-streaming channels, or entertainment networks.

Appetize Names New VPs

socalTECH

Playa Vista-based Appetize , which develops cloud-based, point-of-sale (POS) software for enterprise customers such as stadiums and other venues, has named a trio of new executives, as it continues to grow its business. According to Appetize, it has named Robbie Knutson-Ratto as Senior Vice President of Product, Alain Avakian as Chief Technology Officer (CTO), and also named co-founder Jason Pratts as Chief Information Officer. Appetize said that Ms.

Kairos Venture Partners Raising New, $250M Fund

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Beverly Hills-based Kairos Venture Partners , which is led by General Manager James Demetriades, is looking to raise $250M in its third fund, Kairos Venture Partners III, L.P. according to a regulatory filing by the firm. According to the filing, the fund has yet to make its first sale in the new fund. Kairos specifically invests in scientific research and technology developed at universities and research institutions, and has made more than 80 prior investments.

Mythical Games Finds $19M For Game Studio

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Los Angeles-based Mythical Games , a game technology studio which says it specializes in "digital ecosystems around player-owned economies", has raised $19M in a new, Series B funding round, the company said this morning. Mythical Games said the funding was led by Javelin Venture Partners, and also included new investors Avon Ventures, Alumni Ventures, and Hashed, along with its current investor Galaxy Digital (via Galaxy EOS VC Fund and Struck Capital).

Catasys Swizzles Board

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Santa Monica-based Catasys , a developer of artificial intelligence-enabled healthcare technology, said this morning that it has named Gustavo Giraldo to its board of directors, replacing existing director Sharon Gabrielson. Giraldo is currently President of Behavorial and Specialty Health at Magellan Health, and previously had been Chief Operating Officer for Chubb's Latin American life, accident, and health business, as well as served at Cigna for 18 years.

Inseego Names Product Management VP

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San Diego-based 5G device maker Inseego said this morning that it has named Adam Gould as Senior Vice President, Product Management, IoT & Mobile solutions. Gould was most recently CEO of QuantalRF, a developer of low-power, high sensitivity RF technology. He was also VP of Market and Technology Disruption at ARM, and CEO of Sensinode; and also had served at NextWave Broadband, Motorola, and Nokia. Inseego said that Gould will lead the company's efforts on 5G and its IIoT product line.

XPRIZE Launches New $10M Prize, The Rainforest XPRIZE

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Los Angeles-based XPRIZE announced a brand new competition, the $10M Rainforest XPRIZE. According to the organization, the new competition will run for four years and calls on innovators to create technology capable of identifying and cataloging rainforest biodiversity and develop insights that may lead to a new bioeconomy through standing forests.

CrowdStrike In Partnership With Wipro

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CrowdStrike , the developer of endpoint protection software which has a major presence in Irvine, says it has partnered with IT consulting provider Wipro. Crowdstrike said the partnership will see Wipro offering up CrowdStrike's Falcon platform to its customers worldwide. Wipro provides information technology, consulting, and business process outsourcing. Financial details of the partnership were not announced. READ MORE>>. crowdstrike wipro endpoint protection cybersecurity

Moonshots Backs Copper Labs In $2M Funding

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Los Angeles-based venture investor Moonshots Capital is the lead investor in a developer of wireless energy monitoring products, Copper Labs , in a $2M funding round. Copper Labs is based in Boulder, Colorado. According to Copper Labs, the new funding was led by Moonshots Capital, and also included Blue Bear Capital, Bull Creek Capital, Capital Factory and Service Provider Capital. Craig Cummings of Moonshots Capital joins the company's board with the funding round.

UC Riverside Student Team Wins GEICO Hackathon

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A team from the University of California, Riverside has scored the top prize in a "hackathon" run by insurance company Geico. According to Geico, the UC Riverside team--made up of William Shiao, Aditya Acharya, Eric Ong and John Shin--won a two-weekend hackathon, the GEICO Hacktivates Hackathon--which had invited teams from a number of other universities to compete in a competition on "tech skills and ingenuity". Each of the members of the winning team win $850.