Sat.Oct 28, 2017 - Fri.Nov 03, 2017

TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M.

Hackers Steal Client Data From Line 204 Studios

L.A. Business Journal

Line 204, a Hollywood film and television production and rental company, said today hackers had stolen its client database. The extent of the breach is still being determined

Startup Spotlight: Electric Folding Bike, DIY Science Kits and a Smart Trashcan

Tech.Co

If you are starting to get a jump on your holiday list, we have some startups that have built some gadgets that could find its way into your life. Each week, TechCo features tech startups that can help streamline your daily life.

Klotho Therapeutics Raises $10M to Test Drug in Kidney Disease

Xconomy

Klotho Therapeutics , a virtual biotech developing a kidney disease treatment based on its proprietary engineered version of the human klotho enzyme, said Thursday it has raised $10 million in Series A financing from San Diego’s Thynk Capital.

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DermTech Raises $10M In Series C Funding

socalTECH

La Jolla-based molecular dermatology startup DermTech announced today that it has raised $10M in its Series C funding round, part of an ongoing $15M financing effort by the company. The startup, which is developing precision medicine technology for the diagnosis and treatment of skin cancers, inflammatory diseases, and other skin diseases, said the funding included investments by RTW Investments, along with other private investors.

Hiring Lessons From Annie Duke: World Series Poker Champ

InfoChachkie

A version of this article previously appeared in Forbes. Earlier this year, I had the pleasure to hear Kit Cooper interview World Series of Poker […]. The post Hiring Lessons From Annie Duke: World Series Poker Champ appeared first on John Greathouse. Team Building Uncategorized

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Silicon Beach Networking Mixer At WeWork in Playa Vista

SoCal Tech Calendar

Thursday, November 9, 2017 -- Silicon Beach Networking Mixer At WeWork in Playa Vista. Thursday, November 9th Starting at 6pm! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Make sure to bring your business cards and be ready to make awesome connections with people across all industries. We always have a great mix of people from Influencers to Startup CEO's and more. Register immediately for an early bird ticket.

SpaceX Launches Koreasat-5A Into Space

socalTECH

Hawthorne-based SpaceX successfully put the Koreasat-5A into space on Monday, successfully launching another satellite into space, and again successfully landing the first stage of its Falcon 9 rocket on a drone ship in the Atlantic. SpaceX launched the Koreasat-5A from NASA's Kennedy Space Center in Florida at 3:34 p.m. EDT, landing the first stage of the Falcon 9 on its droneship at approximately 3:44 pm.

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Techstars Sustainability Adds to Growth of Sponsored Accelerators

Xconomy

After Techstars opened its first program in Boulder, CO, in 2007, the startup accelerator program expanded into three cities over the next four years. But then the real growth started happening. In 2011, Techstars began launching accelerators that focused on startups innovating in a specific sector in partnership with big companies. It partnered with Nike in Portland, OR , on apparel-related technology in 2012 and with Barclays on fintech in 2014.

Silicon Beach Report Nov. 2: Activision Blizzard’s Q3 Results Beat Expectations

L.A. Business Journal

Activision Blizzard’s third-quarter results beat expectations, HP and Intel become sponsors for Activision Blizzard’s Overwatch League and Snapchat adds tracking pixels

Vision Right Now 2018 Technology Conference and Expo

SoCal Tech Calendar

Tuesday, November 7, 2017 -- Vision Right Now 2018 Technology Conference and Expo. See [link] (more

Ten Years Ago, The Self Driving Car Revolution Started In Victorville

socalTECH

Ten years ago this week--on November 3, 2007--the self driving car revolution was launched in Southern California--in all places, Victorville, at the DARPA Urban Challenge. The competition, part of a series of competitions that were part of the DARPA Grand Challenge, spurred the growth of the technology which is now at the core of every self-driving car team now working on the market.

As Facebook Fights Fake News, LeCun Sees Bigger Role for A.I.

Xconomy

As top lawyers from Facebook, Google, and Twitter testify on Capitol Hill this week about Russians using their platforms to interfere in the 2016 U.S. presidential election, it’s becoming clearer that the fight against the spread of fake news won’t be won by humans alone.

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Silicon Beach Report Nov. 1: Virgin Orbit Launches Subsidiary Vox Space

L.A. Business Journal

Virgin Orbit launches Vox Space subsidiary, Snap Maps offered real-time coverage of Tuesday’s terror attacks in Manhattan and Breitbart and other conservative outlets escalate anti-SpaceX campaign

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Silicon Beach Networking Mixer At Wurstkuche in Venice

SoCal Tech Calendar

Wednesday, November 8, 2017 -- Silicon Beach Networking Mixer At Wurstkuche in Venice. Join the fastest growing startup and tech community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Register immediately for an early bird ticket. See [link] (more

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Amazon Studios, With More Than 700 LA Employees, Plans Move To Culver City

socalTECH

Amazon Studios , the content production arm of Amazon , says it is planning a move to Culver City from its location in Santa Monica. According to Amazon Studios, it will move into television and movie studio location The Culver Studios, where it will occupy more than 280,000 square feet, including The Culver Studios Mansion and Bungalows. According to Amazon, it currently has more than 700 employees in Santa Monica.

Are you ready to take on an office lease?

Berkonomics

Rent your first office with caution. . Several years ago, I became involved with a Southeast Asian company looking to expand into the United States.

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Silicon Beach Report Oct. 31: Elon Musk Says Boring Co. Tunnel Should Be 17 Miles Long in One Year

L.A. Business Journal

Elon Musk says Boring Co. tunnel should be 17 miles long in one year, Telesign acquisition price rises to $335 million and SpaceX’s manufacturing model credited for new space age

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Cognitive Buildings: The Next Frontier

SoCal Tech Calendar

Tuesday, November 7, 2017 --.

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Aerie Pharmaceuticals Names VP

socalTECH

Irvine-based Aerie Pharmaceuticals , the biopharmaceuticals firm developing therapies for the treatment of glaucoma and other eye diseases, said today that it has named John Maltman, Ph.D., as its new Vice President of Medical Affairs. Maltman was previously at Allergan. According to Aerie Pharmaceuticals, Maltman will be responsible for leading the strategic efforts of the company's Medical Affairs Department across a broad spectrum of product-related activities. READ MORE>>.

San Diego Positions Itself as Autonomous Technology Proving Ground

Xconomy

UC San Diego is becoming a test bed for self-driving vehicle technology. With a campus that encompasses more than 3.3 square miles and a daytime population of roughly 65,000, “It’s a small city,” said Henrik Christensen, who is leading the new project as director of the university’s Institute for Contextual Robotics.

Silicon Beach Report Oct. 30: Amazon Studios to Move into Culver Studios

L.A. Business Journal

Amazon Studios to move into Culver Studios, Boring Co. shows tunnel progress and SpaceX ties ULA’s annual launch record with 16th launch this year

SpaceX 100

Who Dares to Enter Halloween Horror Nights?

SoCal Tech Calendar

Friday, November 3, 2017 --.

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Report Calls Snapchat Spectacles A Failure

socalTECH

A report, published over the weekend by TechCrunch, calls Snapchat Spectacles a failure , pointing out only 0.08% of Snapchat's users have purchased the camera sunglasses. The coverage follows a report last week from The Information, which says that Snap's Spectacles have been piling up at warehouses , with "hundreds of thousands of unsold units". READ MORE>>. snapchat spectacles snap business camera sunglasses failure consumer products glasses social media

ASH Sneak Peeks: Novartis, Juno Update CAR-T Lymphoma Competition

Xconomy

The annual American Society of Hematology meeting is next month.

Xavient Information Systems Acquired By TELUS For $250M

socalTECH

Simi Valley-based Xavient Information Systems , a provider of IT consulting and software services, has been acquired by TELUS International , the two said this morning. The companies said the deal is worth an estimated $250M. Xavient Information Systems has approximately 1,800 employees and has operations in both the United States and in India. According to TELUS International, the acquisition deal will help it expand its global service offerings, and allow it to expand into India.

Elon Musk Shows Off Secret Tunnel Under LA

socalTECH

Elon Musk , the technology mogul behind SpaceX and Tesla Motors, has posted the first photo of the secret tunnel system he's digging under Los Angeles. Musk posted the photo of the tunnel--under construction by one of his startups, The Boring Company --which currently is being dug underneath SpaceX's headquarters.

Creative Artists Agency Launches Its Own Startup Studio With $12.5M In Funding

socalTECH

Los Angeles-based entertainment and sports agency Creative Artists Agency (CAA) has launched itself into the startup business, saying that it has created a new startup studio it calls Creative Labs , according to the company. The CAA said the new startup studio--which will be based in Vancouver, Canada--will focus on developing consumer-facing technology companies and "next-generation media and entertainment experiences". The new effort is funded by $12.5M

SpaceX Launch Of Koreasat-5A On Tap For Today

socalTECH

Hawthorne-based SpaceX is getting set to launch yet another satellite into space today, this time, a commercial payload for KT Sat, South Korea's satellite service provider. SpaceX said it plans to launch Koreasat-5A from NASA's Kennedy Space Center in Florida today at 3:34 p.m. SpaceX will again attempt to land the first stage of the Falcon 9 on a drone ship in the Atlantic.

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Garcetti, With Eye On 2020, Takes LA Innovation Model Nationwide

socalTECH

Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has started a new nonprofit, Accelerator for America , which will help fund "innovation investments" around the U.S. Garcetti has gained a reputation in Los Angeles for his pro-growth and pro-startup efforts.