Sat.Jan 04, 2020 - Fri.Jan 10, 2020

Masimo Sues Apple Over Apple Watch

socalTECH

Irvine-based patient monitoring equipment developer Masimo has sued Apple , claiming that Apple stole its trade secrets and infringed on its patents--not to mention, hired away key employees--in order to add health monitoring features to its Apple Watch.

Tencent Buys Stake in Universal Music Group

L.A. Business Journal

China-based Tencent Holdings announced an agreement to purchase 10% of Santa Monica-based Universal Music Group's share capital

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10 Ways For Entrepreneurs To Enhance Their Leadership

Startup Professionals Musings

Most new entrepreneurs don’t anticipate the learning burden of being the leader, including the sense of loneliness and isolation at the top.

Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

TechCrunch LA

Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. The latest of these is Luxury Presence , which pitches digital marketing services to real estate agents and has raked in $5.4

Report: Amazon Takes Aim At Honey, Labels Extension A Security Risk

socalTECH

Los Angeles-based Honey , the developer of a browser extension which searches out coupon codes and deals for users, has been labeled a security risk by Amazon , according to a report from Wired. Honey was recently purchased for $4 billion by PayPal. It's unclear why Amazon might be targeting Honey, however, Honey uses affiliate codes as part of its model to provide rebates to users, and likely has been gathering an outsized portion of those e-commerce revenues from online merchants. READ MORE>>.

Can your employees recruit from a customer or supplier?

Berkonomics

The recruitment traps. It has happened to all of us who have been leaders in business long enough. One of your employees is approached by an employee of a customer or of a supplier, stating that “It sure would be great to work in your company.”

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How to Start a Podcast

Tech.Co

2019 was the year podcasting turned into a major industry. A few high-profile acquisitions put Spotify into the running against Apple, while buzzy new startups like Luminary jumped into the pool as well.

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PayPal Completes $4 Billion Acquisition Of Honey

socalTECH

San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online. According to PayPal, the deal will "transform the shopping experience for PayPal's consumers while increasing sales and customer engagement for its merchants."

8 New Ways To Focus On Customers For Trust And Profit

Startup Professionals Musings

As an advisor to entrepreneurs, I find that I often have to remind them that the world of customers has changed since they started their last business.

Activision Answers ‘Call’

L.A. Business Journal

After shutting down an existing esports league, Activision Blizzard Inc. is betting big on a new league that will begin its inaugural season Jan 24

LA CEOs: Sales - Close More Business and Scale

SoCal Tech Calendar

Thursday, January 16, 2020 -- LA CEOs: Sales - Close More Business and Scale. Start off your year with LA's top tech CEOs and our special guest Carrie Lauby, an LA-based sales expert with over 25 years growing B2B2C SaaS companies. This sponsor supported FREE event is restricted to qualified CEOs and CFOs only. Confirmed RSVP required. See [link] (more

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Element Biosciences Gets $80M For DNA Sequencing

socalTECH

San Diego-based Element Biosciences , which is developing DNA sequencing technology, says it has raised $80M in a Series B funding round. The new funding came from Fidelity Management & Research Company and JS Capital LLC, along with Foresite Capital and Venrock. According to Element Biosciences, the new funds will go towards accelerating the development of its genomic sequencing products. The company has now raised more than $100M in total. Molly He, PhD is CEO and co-founder of Element.

8 Key Business Elements Set Startup Investor Interest

Startup Professionals Musings

One of the big questions that every entrepreneur struggles with is how much funding they should request from investors in the first round.

MedMen Sells More Assets

L.A. Business Journal

Culver City-based cannabis retailer MedMen Enterprises Inc. is continuing its aggressive push to implement its restructuring plan in light of large losses

Preccelerator Workshop: Driving with Data w/ Sari M. Kern

SoCal Tech Calendar

Tuesday, January 14, 2020 -- Preccelerator Workshop: Driving with Data w/ Sari M. All companies generate information from the day-to-day operations. The question is: how can businesses organize and use this data to drive success? This workshop will walk you through the steps of how to use data to inform strategy and make decisions. See [link] (more

Grow Credit Signs Up Trash Butler For Fintech Services

socalTECH

Santa Monica-based fintech startup Grow Credit said this week that it has signed up Trash Butler , a "trash valet" company which takes out the trash for apartment, student housing, and condo dwellers, and will help Trash Butler's workforce and clientele establish and build their credit.

5 Strategies Recommended For Successful Bootstrapping

Startup Professionals Musings

As an advisor to entrepreneurs, I often hear the desire to run their own company, to avoid having someone else telling them how to run the business. They then ask me to help them find investors who can provide the funding they need.

LA Companies Turn Heads at CES

L.A. Business Journal

From ambitious streaming services to fantastical flying cars, Los Angeles companies demonstrated innovative concepts in droves last week in Las Vegas at the 2020 Consumer Electronics Show

San Diego startup events you don’t want to miss in 2020

Startup San Diego

Mark these dates in your calendar—these are the best business events in San Diego to attend in 2020! From small networking events to huge seminars, we've narrowed down our top ten. The post San Diego startup events you don’t want to miss in 2020 appeared first on Startup San Diego. Events Guides

Lime Retreats From San Diego

socalTECH

E-scooter company Lime is retreating from San Diego--as well as eleven other markets--in what appears to be a shift in the winds for the micro-mobility market startup world. Lime--which competes against such local startups as Bird and Wheels-- said that it is shutting down in "select communities throughout the world where micromobility has evolved more slowly". The company said it made the decision to retreat from those markets as it has "shifted our primary focus to profitability".

5 Startup Financial Questions Every Investor Will Ask

Startup Professionals Musings

If you think that financial modeling for a new business is arcane magic, limited in value to financial wizards and professional investors, then you have been listening to the wrong advisors.

EA Taps Zampella to Lead DICE Los Angeles

L.A. Business Journal

Electronic Arts chose veteran gaming executive Vince Lampella to lead the Los Angeles office of its subsidiary game developer, DICE

Empirico Raises $17M, Inks 3-Year Antisense Collaboration with Ionis

Xconomy

Empirico, a biotech that has developed tools to analyze genomics data and use those insights to identify potential therapeutic targets, has signed a collaboration deal with antisense drug developer Ionis Pharmaceuticals that includes a $10 million equity investment.

Quibi Finds $400M, Details Short Form Mobile Video Plans

socalTECH

Los Angeles-based Quibi , the previously stealth-mode mobile video startup founded by Jeffrey Katzenberg and Meg Whitman, said at CES that it has raised $400M in a funding round. The company--which unveiled a website and announced its plans to roll out 175 short form video series specificaly created for smartphones, tablets, and other mobile devices--was previously known as NewTV. Quibi renamed itself in October of 2018, but has been mum about its plans in the content world.

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Whitmor/Wirenetics Acquired By BJG Electronics Group

socalTECH

Valencia-based Whitmor/Wirenetics , a value added manufacturer and distributor of wire and cable products for the aerospace, defense, space and industrial markets, has been acquired by BJG Electronics Group. Financial terms of the acquisition were not announced. BJG Electronics Group said the deal came alongside another acquisition, of Intro Corporation, a distributor of connectors, contacts and accessories to the commercial aviation and aerospace industry.

Advantage Solutions Buys Quantum Networks

socalTECH

Irvine-based Advantage Solutions , which provides technology-enabled sales and marketing services to manufacturers and retailers, has acquired Quantum Networks , a New York City-based e-commerce retailer and agency. Financial terms of the acquisition were not announced.

Omniome Gets $60M For Gene Sequencing

socalTECH

San Diego-based Omniome , a startup developing a DNA sequencing platform, says it has raised $60M in a Series C financing round, bringing the company's total raised to $145M. The new funding was led by Madrone Capital Partners, and also included ARCH Venture Partners, Decheng Capital, Domain Associates, Biomatics Capital Partners, Altitude Life Sciences Ventures, Nan Fung Life Sciences and others.

AI Startup Gets Win With Warner Bros. For Greenlighting Films

socalTECH

Los Angeles-based Cinelytic , a developer of artificial intelligence software, says it has signed a deal with Warner Bros. Pictures International (WBPI), where Warner Bros. will use its AI-driven project management software. According to Cinelytic, the AI software will be used to help drive decision making as part of the greenlight process for film studios, and to inform decision making around content and talent valuation to support release strategies.

Dub Frequency Raises $9.0M

socalTECH

Culver City-based Dub Frequency Media (DFM), a marketing, public relations, and creative firm which focuses on millennials, has raised $9.0M in a funding round, part of an ongoing $10.97M funding effort, according to a regulatory filing by the company this week. The company, led by Jesse Lee, counts such major clients as Nike, Calvin Klein, Nordstrom, Tesla, Live Nation, Red Bull, and many others. According to the filing, 8 investors participated in the funding round for the company. READ MORE>>.

Robb Report's Bill Curtis On Why Podcasting Is The Next Media Frontier

socalTECH

For today's interview, we spoke to Bill Curtis , the founder of Malibu-based CurtCo Media (www.curtco.com). Curtis is the former publisher of the Robb Report, which he sold back in 2015, and has a long history of operating media companies that have published such titles as Home Office Computing, Home Theater, Mobile Computing, Worth, and many others. We spoke to Bill about CurtCo's move into the podcasting area, and why he thinks podcasting is the next frontier in media.

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