Sat.May 20, 2017 - Fri.May 26, 2017

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Silicon Beach Report May 23: Real Office Centers, Co-Working Tenants Evicted from Santa Monica Office

L.A. Business Journal

Real Office Centers, co-working tenants evicted from Santa Monica office, Snapchat launches custom group stories, and Pepsi to label millions of cans with Snapchat codes.

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Here’s the test: Can you create 5 strategies and 5 tactics to achieve your goal?

Berkonomics

In past weeks, we explored the need for a tangible goal and strategies that are measurable as steps toward achievement of your goal. Today, we explore how to create tactics to accompany each strategy, and even suggest a number of tactics to consider for each strategy. Tactics support strategies and are more short term and procedural than the strategies they support.

Resource 243
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Why You Shouldn’t Be Fooled by Your Own Expertise

Both Sides of the Table

I am wired to discount people who have total assuredness in their point-of-view, have dogmatic positions or use data as a crutch or substitute for logic. I appreciate people who have strong opinions or conviction but expect them to constantly be testing their opinions and refining their approaches as they encounter new people, facts or logic. I have long believed that humans (myself included) err on the side of over-confidence in their own abilities and thoughts.

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Qualcomm To Pay $940M To BlackBerry Limited

socalTECH

San Diego-based Qualcomm has agreed to pay $940M to BlackBerry Limited , in a conclusion of an arbitration case, over overpayment of royalties by BlackBerry to Qualcomm, BlackBerry said on Friday. The agreement comes after an arbitration decision made on April 12th. According to BlackBerry, Qualcomm will pay the full amount of the final award on or before May 31, 2017.

San Diego 147
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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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Tunnel Skepticism Runs Deep

L.A. Business Journal

City officials are not digging Elon Musk’s plan for underground tunnels to LAX.

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Women Founder's Network 2017 Fast Pitch Competition Deadline

SoCal Tech Calendar

Thursday, June 1, 2017 -- Women Founder's Network 2017 Fast Pitch Competition Deadline. Women Founders Network (WFN) is a virtual accelerator that connects women building high-growth businesses with the tools and resources they need to achieve business success. Applications for the 2017 competition will be accepted May 1 - June 1.

More Trending

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Watch SpaceX's Falcon Heavy Side Booster In Test Firing

socalTECH

Hawthorne-based SpaceX showed off a static fire test on a side booster rocket for its Falcon Heavy last week, saying that theFalcon Heavy will be using a booster that launched its Thaicom 8 mission into space. The test firing, at SpaceX's test labs in McGregor, Texas, are part of an effort by SpaceX to launch its first Falcon Heavy rocket sometime this year.

SpaceX 138
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Firms Look to Connect With Augmented Reality

L.A. Business Journal

Some firms see an advantage in augmented reality versus hardware-heavy virtual reality.

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ViaCyte Raises $10M, Moves to Human Trial with New Diabetes Product

Xconomy

San Diego-based ViaCyte said it is ready to move into human testing with a new product intended for patients with Type 1 diabetes who are at high risk for acute, life-threatening complications from severe episodes of low blood sugar (hypoglycemia). ViaCyte said Monday that healthcare regulators in both the United States and Canada have permitted the company to proceed with the early stage clinical trial, which calls for enrolling roughly 40 patients at medical centers that include UC San Diego a

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Respect is the Foundation of Client and Employee Relationships

Tech.Co

Building a good relationship with your clients and employees comes down to respecting and trusting each other over the long haul. We talked with Gabriel Richards, Founder and CEO of Endertech , about putting love and respect as core values and the positive outcomes he’s gain with this mindset. Who was Influential in Your Life? Boy, there are so many admirable people in the world and in my life, but I’ll limit it to three.

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Mindbody Plans To Raise $120M In Secondary Offering

socalTECH

San Luis Obispo-based software maker Mindbody said on Tuesday that it plans to launch a secondary offering, selling 4,400,000 shares of its stock, or approximately $120M. The company trades on the NASDAQ Global Market as MB. The offering comes two years after the IPO of the company. Mindbody is a developer of cloud-based software, used by spas and other health and wellness businesses manage appointment bookings and clients.

Software 133
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Bartending Machine Serves Up Spirited Presence

L.A. Business Journal

Somabar believes its drink-making machines will mix well with eateries and other businesses.

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Amid Budget Concerns, NIH Preps Beta Test for Precision Medicine Plan

Xconomy

An ambitious plan to recruit 1 million U.S. volunteers and amass a treasure trove of their health information will start next week with a “beta test” that health officials hope to eventually expand nationwide. National Institutes of Health director Francis Collins said Wednesday that the Precision Medicine Initiative will begin in Pittsburgh, where the agency aims to enroll up to 15,000 participants by the end of summer.

Study 81
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10 Qualities That Will Make You An Entrepreneur Idol

Startup Professionals Musings

To be successful as an entrepreneur, you don’t have to be a fabulous person, but it helps. Some people, and some entrepreneurs, have that something extra that you can’t quite put your finger on, like Ryan Seacrest is searching for on American Idol. But the entrepreneurs that have it, including Elon Musk and Richard Branson, seem to be able to effortlessly get team members, investors, and customers to follow them anywhere.

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The Rogue Initiative Raises Series A Funding

socalTECH

Hollywood-based The Rogue Initiative , a new virtual reality content and production studio, said it has raised a Series A funding round. The company did not say how much was raised, only that it was a "seven figure" amount. The funding came from CBT Capital Limited, a Chinese media fund. According to The Rogue Initiative, the funding will go towards development or original traditional and immersive film and television projects.

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Silicon Beach Report May 25: Faraday Future Said to Plan $1 Billion Fundraising Effort

L.A. Business Journal

Faraday Future said to plan $1 billion fundraising effort, Chef’d raises $10 million, and Disney CEO Bob Iger says hacker threat to release stolen movie was a hoax.

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FDA Landmark Nod: Cancer Drug To Match Tumor Genes, Not Tissue Type

Xconomy

For many years, doctors and researchers have known that cancers in different parts of the body can share genetic abnormalities. For the first time, the FDA has approved a drug based on those abnormalities and not on the organ in which the cancer originated. It’s a moment that a lot of people in the cancer field have been waiting for.

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10 Behaviors That Highlight Your Leadership Ability

Startup Professionals Musings

Based on my years of experience as a new business advisor, I always find leadership to be more important to business success than any new technology or innovative solution. The challenge is to adequately define leadership in terms of everyday activities. Most entrepreneurs believe they are leaders, even though the feedback I get from their team and partners may indicate otherwise.

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Yardi Launches New SEO/SEM Marketing Service

socalTECH

Santa Barbara-based Yardi , the developer of property management software, has launched a new property marketing service, which includes search engine optimization (SEO), search engine marketing (SEM), and enhanced online listings on Yardi's RENTCafe service. According to Yardi, the new RENTCafe Reach residential property management service is designed to attract prospects to multifamily properties.

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Drone Maker Eyes Military

L.A. Business Journal

AeroVironment pursues big returns from sales of its pocket-size Snipe drone to the military.

Sales 150
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Zesty Reinvents Itself With New Cash for Automated Web Tech

Xconomy

Zesty.io, a San Diego Web development firm, has raised $1.3 million in seed funding to spin out its consulting business, and focus instead on providing its core Web content management technology as a subscription-based software-as-a-service. CEO Randy Apuzzo said Zesty changed from a Web development firm to to SaaS in 2015, with the guidance of successful entrepreneurs like GoFundMe co-founder Andy Ballester, Rocket League video game creator Dave Hagewood, and Facebook early operations engineer

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7 Key Strategies Will Assure Company Sustainability

Startup Professionals Musings

As a new business advisor, I am no longer surprised that every new entrepreneur believes the hard part is creating the first product and the business. Perhaps luckily, they have no idea that scaling the business and maintaining vitality as a mature business is even harder. What most often kills a company is the illusion (or delusion) that all is now stable and everyone can relax.

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ViaSat Selected By Icelandair

socalTECH

Carlsbad-based satellite internet provider ViaSat is powering high-speed, Internet streaming for Icelandair , Icelandair said this morning. According to Icealdnair and Viasat, Icelandair will provider in-flight connectivity and internet streaming services on its transatlantic flights, across Icelandair's fleet of 16 Boeing 737MAX aircraft. Financial details of the deal were not disclosed.

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Silicon Beach Report May 26: Boring Co. Releases Images of Electric Vehicle for its Proposed Tunnel Network

L.A. Business Journal

Boring Co. releases images of electric vehicle for its proposed tunnel network, loser of ULA’s Vulcan engine competition could lose Air Force funding, and Seriously launches series of shorts for its mobile game “Best Fiends.

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Trump’s Cybersecurity Czar Talks WannaCry, Industry Partnerships

Xconomy

The Trump administration’s plan for strengthening the nation’s cyber defenses is starting to come into focus. Rob Joyce, a special assistant to the president and the White House’s cybersecurity coordinator, spoke in Boston Monday at an event promoting the launch of CyberMA , a Massachusetts affiliate of the national CyberUSA initiative. CyberMA is a MassTLC -led group that aims to boost local cybersecurity innovation, education and workforce development, and readiness against cyber attacks.

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8 Keys To Positive Media Attention For Your Startup

Startup Professionals Musings

Not so long ago, training to meet the press and television reporters was a realm reserved for top business executives only. Now, even the earliest stage startup can rise to visibility or be forever lost by their first media spotlight, so it behooves us all to know the rules early. Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay.

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Tensorcom Gets Wi-Fi Alliance Certification

socalTECH

San Diego-based Tensorcom , a developer of ultra low power 802.11ad WiGig semiconductors--which is backed by NantWorks and LA biotech billionaire Dr. Patrick Soon-Shiong--said this week that it has certified its products under the Wi-Fi CERTIFIED WiGig certification. Tensorcom certified its TC60G1316UE System-In-Package (SIP), a systems-on-a-chip which brings gigabit wireless connectivity to low power devices.

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Silicon Beach Report May 22: Snapchat Has Lead in Augmented Reality

L.A. Business Journal

Snapchat has lead in augmented reality, Faraday Future founder steps down from CEO role at LeEco, and Hulu signs exclusive video-on-demand deal for ABC’s ‘Fresh Off the Boat.

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Bio Roundup: Skinny Cuts, Genomic Approvals, Unfrozen FDA & More

Xconomy

Team Trump unveiled its 2018 federal spending proposal—the so-called “ skinny budget ”—with health and science in the crosshairs. The NIH is looking at a 22 percent cut and the FDA 31 percent, although the administration wants to backfill the FDA loss with a huge boost in user fees, which drug and device companies pay to have their products reviewed for market.

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7 Initiatives To Streamline and Focus Your Company

Startup Professionals Musings

Success in today’s rapidly changing and highly competitive business environment requires a total alignment between the needs of each business function and the priorities of all team members. If you see signs of internal misalignment, such as too many meetings, overload of emails, or lack of engagement at any level, now is the time to take action before customers and employees both sense it and leave you.

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LogicMonitor Names Sales VP

socalTECH

Santa Barbara-based LogicMonitor said Thursday that it has named Michael Tarbet as its new Vice President of Sales. Tarbet previously served at such companies as UnboundID, RightNow Technologies, and Oracle. LogicMonitor is a developer of cloud-based, performance monitoring software for IT infrastructure. The company is backed by Providence Equity Partners.

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Silicon Beach Report May 24: Snapchat Offering Discounts to Advertisers

L.A. Business Journal

Snapchat offering discounts to advertisers, Aerojet Rocketdyne engines to power experimental military spaceplane, and podcast search engine launched.

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Unconventional Collaborators, Like FDA, for Early Adoption of New Technology

Xconomy

[ Editor’s note: James Coon is the CEO of Emulate, a developer of Organ-on-chip technology.] We’ve heard it time and again. Drug development is too expensive, takes too long, and many drug candidates that show promise in preclinical trials end up failing because testing methods don’t predict how they will work in humans. Recently, new technologies have emerged that offer disruptive potential for steering the development of drugs in more precise, more predictable ways.

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Vinny Smith's Toba Capital Gets Exit At Codenvy

socalTECH

Toba Capital , the venture capital investment firm founded by Quest Software's Vinny Smith, has scored another exit, this time at San Francisco-based cloud applications tool developer Codenvy. Red Hat said this morning that it has acquired Codenvy, but did not disclosed financial details of the acquisition. Codenvy was backed by both Auriga Partners and Toba Capital, and had raised less than $10M in funding since it was founded in 2013.

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Maxwell Shuffles Board Chair

socalTECH

an Diego-based Maxwell Technologies , which develops capacitive energy storage and other related products, said that its Chairman, David Schlotterbeck, has decided to resign. The company said Scholtterbeck resigned "for personal reasons", and the Chairman role has been given to Steven Bilodeau. READ MORE>>.

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Wemo To Connect To Apple HomeKit

socalTECH

Playa Vista-based Wemo , the smart home products brand which is owned by Belkin International, announced this morning that it will be connecting its products to Apple's HomeKit. The connection allows Wemo users to control their systems using Siri on their iPhone, iPad, or Apple Watch. According to Belkin, the new connection will come via the Wemo Bridge for HomeKit, which it says will ship in the fall.

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