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Nestlé Sells Gut-Health Test Maker Prometheus Labs, Layoffs Expected

Xconomy

Precision IBD, which is also based in San Diego, is a drug and diagnostic developer that’s focused on inflammatory bowl disease, and has a direct tie to Prometheus: Precision’s chief medical officer, Steph Targan, is a co-founder of Prometheus.

Layoffs 91
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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

In a post on Kik’s blog on Friday the MediaLab said that it has “finalized an agreement” to acquire Kik Messenger. “ Kik is one of those amazing places that brings us back to those early aspirations,” the blog post read. .” Now we know the the company: MediaLab.

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Jaunt Abandons VR, Makes Big Cuts To Staff

socalTECH

Virtual reality studio and content producer Jaunt --which has a virtual reality content development effort in Los Angeles--said on Monday that it is "winding down" a number of its virtual reality products and content services, and switching its focus to augmented reality. Jaunt is based in San Francisco.

Content 113
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Should Startups Announce Their Funding?

Both Sides of the Table

One of the advantages of blogging, using social media, public speaking, etc as a VC is that you get a more nuanced view of these shifts by watching your own successes and failures. This is true on all of the major tech blogs. So your goal should be a steady stream of news across many different news outlets and your own blog.

Startup 355
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Latest Post-COVID Trends in the Telecom Sector

Southern California Edison Blog

Telecom operators looking to stay profitable and successful in the new normal need to invest in network infrastructure, research, and development to best capitalize on new technologies, such as 5G and the Internet of Things. Strategies for Carrier Success in the Post-COVID Environment. Offer Greater Service Flexibility.

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6 Keys To Growing Your Career Through The Gig Economy

Startup Professionals Musings

Every employee or entrepreneur needs to build a competitive reputation on the Internet, through a website, blog, LinkedIn profile, and social media. Don’t wait for your next company layoff to get you started. With one of these, the step into the gig economy will be much less painful. Market your business expertise.

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Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Our call recovered and we spent the rest of the time talking about the development of their management team and their product. Press doesn’t mean anything other than free advertising.