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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. Here's the rest. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? Here’s how to do it.

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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

metro area, San Diego and Santa Monica. Spin, which began offering this on April 1, is making this available in Baltimore, Denver, Detroit, Los Angeles, Portland, San Francisco, Tampa and Washington, D.C. This week, we’ll highlight Via’s Series E funding round that was led by Exor. Deal of the week.

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How The Deal Between Synthetic Genomics, Exxon Fell Part

socalTECH

It all looked good at the time: oil company Exxon needed to develop a more earth-friendly way to produce oil, and San Diego startup Synthetic Genomics needed funding to get its technology off the ground. But then, ExxonMobil cut back its original investment--worth up to $600M--in Synthetic Genomics. What happened?

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Report: Verari Systems Shuts Down

socalTECH

San Diego-based Verari Systems , a developer of blade server technology, has shut down, according to publication InsideHPC. Verari had raised over $59M in funding from such investors as Carlyle Group, Celerity Partners, Sierra Ventures, and Voyager Capital. READ MORE>>. READ MORE>>.

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. The funding could be as much as $100 million, and the first grants will be announced in 2017. Shares immediately fell more than 40 percent.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

—In other news from the moonshot day, Biden warned researchers in academia and industry that they would risk losing federal funding if they didn’t follow the law and report their clinical trial results to the public ClinicalTrials.gov database… IBM said it would deploy its Watson systems to help the U.S. .

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NextWave Wireless Gets $100M In Debt, Cuts Staff, Hires Banker

socalTECH

San Diego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. NextWave said that the debt will go towards funding its operations into 2010. READ MORE>>

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