Sat.Dec 14, 2019 - Fri.Dec 20, 2019

Ring Passwords Available On Dark Web

socalTECH

In what appears to be the season for stories on how easy it is to gain unauthorized access to cameras from Santa Monica-based Ring , a report published Thursday from Techcrunch says over 1,500 passwords for Ring cameras are available on the "dark web" giving full access to Ring cameras. The "dark web" is the part of the Internet, where anonymous transactions allow for trading of often compromised and hacked information.

Web 100

Domio raises $100M in equity and debt to take on Airbnb and hotels with its curated apartments

TechCrunch LA

Airbnb has well and truly disrupted the world of travel accommodation, changing the conversation not just around how people discover and book places to stay, but what they expect when they get there, and what they expect to pay.

Equity 156

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Orbiting Organoids: Research in Space to Unveil New Neurodegeneration Insight

Xconomy

More than 250 miles above the Earth’s surface aboard the International Space Station, a first-in-kind study of neurodegenerative disease is expected to reveal never-before-seen cell interactions.

How to undermine or reinforce your corporate culture

Berkonomics

Ever had a manager who hung those motivational posters around the office, spoke of “pushing together,” or “you’re empowered to give great service” – and then acted at least once in complete disregard of those statements? You don’t want to be caught even once.

Wavemaker, Launch Back Seed Round for Balloon

L.A. Business Journal

Wavemaker Partners and Launch co-led a $2.1 million seed funding round for software company Balloon

Burst adds a super high-tech dental floss to its dental care offerings

TechCrunch LA

Burst , the subscription dental care service, with the pretty, pretty toothbrushes, has now added a sleek dental floss product to its monthly kits.

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8 Strategy Lessons For Establishing A New Business

Startup Professionals Musings

Winning customers as an entrepreneur in a startup has many parallels to a young army trying to penetrate some formidable new and unfamiliar territory. You need a strategy as well as a goal, and you need to pick your battles well.

BAM Ventures Makes Its Mark

L.A. Business Journal

After several years of investing quietly, BAM Ventures is making some noise, generating headlines in November with its largest exit to date when Mid-Wilshire-based ecommerce software developer Honey Science Corp. was sold to Paypal Holdings Inc. for $4 billion

Solve, the startup creating an interactive “Law & Order” for social media, raises $20 million

TechCrunch LA

When “Law and Order” ended its twenty-year run in 2010, it had already cemented its place as one of the longest-running television dramas in history. Its success was a testament to the enduring popularity of a good mystery. Mining that same well of a demand for whodunnits, a roughly one-year-old Los Angeles-based startup called Solve has raised $20 million in financing to update the genre for a new generation of media consumers.

Xencor Adds To Board

socalTECH

Monrovia-based biopharmaceuticals developer Xencor announced on Friday morning that it has naed a new member of its board of directors. According to the company, it has appointed Dagmar Rosa-Bjorkeson, the former Executive Vice President and Chief Strategy and Development Officer at Mallinckrodt Pharmaceuticals to its board.

10 Positive Signs For Starting Your Own Business Now

Startup Professionals Musings

With the current strong economy I’m seeing a continued resurgence of entrepreneurial spirit, and more startup activity than ever before.

LA Companies Prep for CES

L.A. Business Journal

Although it takes place at the Las Vegas Convention Center, the 2020 Consumer Electronics Show is a key event for technology companies and startups based in Los Angeles

Snagging Pearson’s AR assets and $1 million in cash, GIGXR is ready for its close up

TechCrunch LA

Meet GIGXR , the new owner of all of the assets of Pearson Immersive Learning Group , a subsidiary of the education and media publishing giant, Pearson. Formed specifically to roll up Pearson’s virtual and augmented reality assets, GIGXR is helmed by David King Lassman, the founder of streaming media company Vyclone and the Southern Californian venture capital firm White Hart Ventures.

InStride Adds Material From Harvard Business School Online

socalTECH

Los Angeles-based InStride , a developer of a service which allows employers to help their employees earn degrees online, says it has added new programs from Harvard Business School Online. Fiancial details of the deal were not announced. According to InStride, Harvard Business School started its online programs six years ago, and now has seen nearly 70,000 participants who have completed courses in one of their programs. InStride is led by CEO Vivek Sharma.

Course 100

5 Pivotal Decisions That Define A Great Entrepreneur

Startup Professionals Musings

Most aspiring entrepreneurs are convinced that the strength of their initial idea somehow defines them as a leader, as well as the success potential of their derivative business. In my experience, it’s a lot more complicated than that.

LAVA Healthcare Presents: The ins-and-outs of celebrity partnerships and how it can increase your company's value.

SoCal Tech Calendar

Tuesday, December 17, 2019 -- LAVA Healthcare Presents: The ins-and-outs of celebrity partnerships and how it can increase your company's value. Brand endorsements from celebrities and athletes have been proven to have a powerful economic impact on stock prices (Forbes 2016). With the advent of social media, these partnerships have become more accessible to even small businesses.

LAVA 100

3 Internet Solutions to Improve Network Uptime

Southern California Edison Blog

According to Gartner researcher, Andrew Lerner, the average cost of network downtime is approximately $300,000 an hour. But that’s just the average.

Culture Genesis Buys All Def

socalTECH

Santa Monica-based Culture Genesis , the venture-backed "digital studio" funded by Mucker Capital, betaworks, plus actor T.I., Grand Hustle founder Jason Geter, and NBA star Baron Davis, has acquired All Def , the media and content company which was founded in 2013 by hip-hop's Russell Simmons. Financial terms of the acquisition were not announced. According to Culture Genesis, the acquisition is the company's first.

5 Modern Ways To Make Your Product Uniquely Memorable

Startup Professionals Musings

Every entrepreneur believes that their product or service is memorable, and that every customer will quickly see the advantage over competitors. Yet true product differentiation in the eye of the customer is rarely achieved.

FTC Challenges PacBio Acquisition, Says Illumina is a “Monopolist”

Xconomy

About one year ago Illumina agreed to splash out $1.2 billion on Pacific Biosciences, a rival maker of DNA sequencing technology.

7 Benefits of Using Switched Ethernet Services

Southern California Edison Blog

Switched Ethernet enables organizations to meet bandwidth needs by leveraging the support of numerous dedicated station segments to maximize the efficiency of the available cable. An extremely reliable network solution that boasts high-quality.

Report: Ring Could Do A Lot More For Camera Security

socalTECH

In a continued series of reports critiquing Santa Monica-based Ring , a new report--from the Verge--says that there's a lot more that Ring could do to ensure camera security , including checking to make sure users aren't using previously compromised passwords, making sure users aren't logging in from an unfamiliar IP address, and doesn't send users notifications when there are logins from unfamiliar devices.

IP 100

How To Highlight A Sustainable Competitive Advantage

Startup Professionals Musings

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace.

Organovo’s Demise Offers Path for Tarveda to Join the Public Markets

Xconomy

Organovo raised millions of dollars from investors to fuel its goal of developing 3D “bioprinted” human tissues for use in people with end-stage liver disease and other life-threatening illnesses.

DTS' Parent Firm, Xperi, Merges With TiVo

socalTECH

Xperi , the parent company of Calabasas-based audio technology developer DTS , has merged with set-top box technology developer Tivo , the two announced this morning. Xperi and Tivo said that they have agreed to combine in an all-stock transaction, with an enterprise value of approximately $3 billion. The two said that, after close, Xperi shareholders will own approximately 46.5% of the combined business, and TiVo shareholders will own approximately 53.5%.

IP 100

GoodRx Names CTO

socalTECH

Santa Monica-based GoodRx , a venture-backed startup which runs a prescription drug pricing marketplace, has named Jody Mulkey as the company's Chief Technology Officer. Mulkey is a veteran of Southern California's technology world, and was most recently Chief Product Officer at Aspiration, was CTO of Ticketmaster for five years, and also was at Shopzilla (now Connexity) for 14 years.

CTO 100

Rubicon Project Merges With Telaria

socalTECH

Los Angeles-based advertising technology developer and advertising marketplace operator Rubicon Project has merged with Telaria , a fellow online advertising company, in a stock-for-stock exchange. According to the two companies, they are in a stock-for-stock merger at an exchange ratio of 1.082 shares of Rubicon Project (NYSE:RUBI) common stock for each share of Telaria (NYSE: TLRA) common stock. Telaria stockholders expected to own approximately 47.1%

Sony's Michael Lynton Backs Jumpstart

socalTECH

Michael Lynton , the LA-based angel who is Chairman and CEO at Sony Pictures, and also chairman of Snap, Inc., is one of the backers in a new startup focused on workforce diversity. According to Jumpstart , it raised $8.5M in a Series A funding round, which was led by Sequoia Capital, and also included Lynton and Joshua Steiner (Castleton Commodities International). Jumpstart says it helps make "recruiting fair for all" and make it easier for companies to tap into a wider range of candidates.

Beyond Meat Extends To Breakfast At Carl's Jr. And Hardee's

socalTECH

El Segundo-based Beyond Meat , which develops plant-based burgers and protein, is extending its deal with CKE , the parent company of Carl's Jr. and Hardee's , to offer up new offerings for breakfast. According to the companies, Carl's Jr. and Harde's will now offer up plant-based Beyond Meat options for breakfast, lunch, and dinner. Beyond Meat's burgers have been featured at Carl's Jr.

Interview with Joel Milne, RepairSmith, Daimler's Mobile Auto Repair Venture

socalTECH

Our interview this morning is with Joel Milne , the CEO of Los Angeles-based RepairSmith (www.repairsmith.com), a startup offering up mobile automobile repair. We spoke with Joel about how the company is trying to reinvent the car repair experience. Milne is a serial entrepreneur, and last had been running ScoreBig. RepairSmith is backed by Daimler AG. What is RepairSmith?

Mobile 100