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Report: San Diego News Network Seeks Buyer

socalTECH

A report last night from the San Diego Union Tribune says that San Diego News Network (SDNN), the local news effort run by entrepreneurs Neil Senturia and Barbara Bry, is looking for a buyer. Senturia and Bry are well known San Diego angel investors, and also head up investment firm Blackbird Ventures. READ MORE>>.

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Xconomy Releases Coronavirus Special Report on Containing the Pandemic Through Innovation & Investment

Xconomy

Download the report here. Content includes: Regeneron, Moderna, and J&J’s ongoing battle against COVID-19 How governments and the private sector must step up funding coronavirus R&D efforts Lessons learned from China two months on The need to rapidly ramp-up pandemic vaccine production capacity.

Report 63
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Silicon Beach Report Oct. 26: Saudis to Invest $1B in Virgin Galactic, Virgin Orbit

L.A. Business Journal

Saudis to invest $1 billion in Virgin Galactic and Virgin Orbit, Snapchat avoids fake news with human editors, and Tinder and other dating apps vulnerable to hacking.

Invest 100
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DriveCam Seeks IPO, Says Report

socalTECH

San Diego-based DriveCam is driving towards an IPO, and has hired a trio of investment banks to manage its IPO pricess, according to Reuters. Reuters reports that Morgan Stanley, Baclays PLC, and Credit Suisse AG have been hired to manage the company''s IPO, citing three sources familiar with the move. READ MORE>>.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. Image Credits: Facebook. the big thing.

Marketing 246
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Hulu Seeking $200M For More Content, Says Report

socalTECH

and News Corp., for about $200M to help fund program purchases, according to a report this morning from the Wall Street Journal. Online video streaming site Hulu is asking its owners, Walt Disney Co., Comcast Corp.,

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LA tech industry mourns Kobe Bryant

TechCrunch LA

Reports indicate that Bryant, his 13-year-old daughter Gianna Maria-Onore Bryant, and seven other passengers were on board a helicopter traveling to Bryant’s basketball training facility Mamba Academy. Last year, the investment firm expanded with a $1.7 shortly before 10 a.m. An all-time legend, and our friend and supporter.