Xconomy

JULY 10, 2019

Eight years after San Diego biotech Prometheus Laboratories was acquired by Nestlé Health Science , the diagnostic business has been sold again, this time to a little-known biotech called Precision IBD that plans to lay off approximately a quarter of Prometheus’s workforce. 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

Layoffs 91

Layoffs San Diego Develop Development 91

socalTECH

JULY 8, 2019

Amazon is quickly moving forward on its plans to challenge Hawthorne-based SpaceX in the race to providing high speed Internet across the globe, saying in an FCC filing last week that it hopes to launch 3,236 satellites as part of its own satellite network. According to Amazon, its "Project Kuiper" project would connect tens of millions of people throughout the world.

Networking 100

Networking SpaceX Hawthorne 100

TechCrunch LA

JULY 9, 2019

Doctours , a Los Angeles-based online platform for booking trips and treatments for medical and dental care around the world, is expanding its services to 35 countries. Founded by serial travel entrepreneur Katelyn O’Shaughnessy, whose last company TripScope was acquired by Travefy, Doctours aims to connect patients with doctors to receive access to quality, affordable healthcare around the world.

Customer 225

Customer Custom Training Los Angeles 225

L.A. Business Journal

JULY 9, 2019

Santa Monica-based customer management software developer MomentFeed Inc. appointed Nick Hedges as its new chief executive July 9.

Santa Monica 241

Santa Monica Software Development Software Customer 241

Advertiser: Aggregage

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.

Company

Berkonomics

JULY 11, 2019

Are you a virtual manager? Can you be effective if you are a “virtual” manager, commuting from home or a home office and being with your employees only part time? Measuring your performance. In a virtual environment, people measure you mostly by your actions, and remember only the most recent good work you’ve done for them and for the organization. The typical scenario for a virtual manager.

Email 120

Email Organization Report Company 120

socalTECH

JULY 11, 2019

Santa Monica-based on-demand scooter company Bird is in an expansion in Europe, and has opened up an office in Paris, with plans to hire up to 1,000 people in the city, according to the company. Bird said that the new office will be its largest European hub, with employees there hadling operations, government partnerships, legal, marketing and communications.

Santa Monica 138

Santa Monica Demand Services Marketing 138

L.A. Business Journal

JULY 8, 2019

Westwood-based growth equity investment firm 3L Capital announced July 8 it raised a $217 million equity fund to continue investing in local companies.

Invest 113

Invest Capital Funding Equity 113

SoCal Tech Calendar

JULY 12, 2019

Thursday, July 18, 2019 -- All about TikTok. Startup Coil. Do you know that the team behind its success works in your own backyard? Learn more about the TikTok team, our app, and how short-form vertical videos are changing the content ecosystem through a cross-functional panel of members of the TikTok team. See [link].

Content 100

Content Startup 100

socalTECH

JULY 12, 2019

Laguna Hills-based Centercode , a developer of software used for managing product and customer testing efforts, has raised $4M as part of an ongoing, $6M funding round, according to a regulatory filing by the company this week. Details on the funding have not yet been announced. The funding appears to include Parallax Capital Partners, FTV Capital, and HGGC, among others, with Richard Campbell of Parallax, James Hale of FTV, and Richard White of HGGC sitting on the company's board of directors.

Funding 133

Funding Customer Custom Platform 133

Xconomy

JULY 8, 2019

[ Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. ] Bob Metcalfe co-invented Ethernet, the communications standard still used for most local on-site networking, but Radia Perlman made it work.

Networking 109

Networking .Net Sites Artificial Inteligence 109

L.A. Business Journal

JULY 12, 2019

Ensuring contractor diversity on a major infrastructure project used to be straightforward: SEt a goal for the percentage of work that goes to minority-owned or women-owned businesses then find those businesses to encourage them to bid. Now, though, achieving a diverse contract base is a much more roundabout process. Under state law passed in 1996, public agencies are prohibited from showing preferences based on ethnicity or gender in awarding contracts.

Report 100

Report 100

SoCal Tech Calendar

JULY 11, 2019

Wednesday, July 17, 2019 -- El Segundo Tech and Aerospace Networking @ Smoky Hollow Tasting and Taproom. Join us for South Bay Tech and Aerospace Happy Hour in Hermosa Beach! We are building Aerospace and Tech community in the South Bay. See [link].

El Segundo 100

El Segundo Hermosa Beach Networking 100

socalTECH

JULY 10, 2019

San Diego-based Chatmeter , a provider of local search marketing and reputation management services for multi-location businesses, has raised a round of investment from private equity investor Providence Strategic Growth (PSG). Financial details of the investment were not announced. Providence Strategic Growth is the growth equity fund of Providence Equity Partners.

Equity 133

Equity Funding San Diego Invest 133

Startup Professionals Musings

JULY 12, 2019

Most of the entrepreneurs I have met are smart, but many are not always wise. That means they may show great insights into a new technology that has marginal business value, their passion may motivate team members more than customers, or they may allow themselves to be pulled over the ethical line in their success drive. Wise leaders are authentic, timeless, and enduring.

Entrepreneur 96

Entrepreneur Startup Ideas Course 96

L.A. Business Journal

JULY 12, 2019

Atom Tickets, Goldstar expand local business; Hulu to distribute Tastemade content; Backstage Capital targets the "underestimated"

Capital 100

Capital Hulu Report Content 100

TechEmpower

JULY 9, 2019

Round 18 of the TechEmpower Framework Benchmarks project is now available! When we posted the previous round in late 2018, the project had processed about 3,250 pull requests. Today, with Round 18 just concluded, the project is closing in on 4,000 pull requests. We are repeatedly surprised and delighted by the contributions and interest from the community.

Framework 89

Framework TechEmpower Summary Web 89

socalTECH

JULY 11, 2019

Camarillo-based Semtech , which develops analog and mixed signal semiconductors, has scored another design win for its LoRa wireless technology. According to Semtech, Hangzhou Water Meter Co. (HWM), Ltd. has incorporated its LoRa technology into a "smart water metering" product. Shipment volumes and financial impacts of the win were not announced. Semtech's LoRa wireless products allow for the low power transmissions of wireless data, and have become popular with Internet-of-Things (IoT) and oth

Design 124

Design Technology Product Develop 124

Startup Professionals Musings

JULY 7, 2019

While everyone agrees that the “ gig economy ” is really here, the practical realities, other than not counting on long-term employment, are not so obvious. In my role as a mentor to many business professionals, I still see some who have no idea how to adapt to the new realities. The simple answer is that we all have to start thinking like entrepreneurs, rather than entitled employees.

Artificial Inteligence 96

Artificial Inteligence Startup Social Media Training 96

L.A. Business Journal

JULY 8, 2019

NASA awarded Hawthorne-based SpaceX a $50.3 million contract to launch three space telescopes in 2021.

SpaceX 113

SpaceX Hawthorne 113

Xconomy

JULY 10, 2019

More than a third of the companies that went public in the first half of this year were backed by venture capital. That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2 billion in money returned to investors—that’s already topped all other full-year totals, according to the latest VentureMonitor, the quarterly report on venture capital investment complied by the National Venture Capital Association and PitchBook.

Venture Capital 86

Venture Capital Invest Startup Activity 86

socalTECH

JULY 9, 2019

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. Hedges is a longtime Southern California technology veteran, who was most recently President and CEO of Velocify.

Draper 124

Draper Southern California Santa Monica Social Media 124

Startup Professionals Musings

JULY 10, 2019

Starting and running a company is a team effort. Yes, it takes a leader (entrepreneur), but you can’t do it alone, without a team. Maybe only you and a co-founder comprise the team at first, to provide key skills, back you up, and test your ideas. As the startup grows, the team has to be able to really push you in making growth decisions, rather than you pulling them along.

Startup 95

Startup Design Examples Entrepreneur 95

L.A. Business Journal

JULY 10, 2019

Yellow accelerator welcomes new startups; Tinder targets Asia expansion; LauncherOne schedules drop test

Startup 100

Startup Report 100

Xconomy

JULY 11, 2019

Amgen and Novartis are stopping work on an experimental Alzheimer’s disease drug after an early look at clinical data showed worsening cognitive function in patients. The interim results announced Thursday were part of a pre-planned review of data from two pivotal clinical trials testing the drug, umibecestat. Based on that review, Amgen (NASDAQ: AMGN ) and Novartis (NYSE: NVS ) said that they are discontinuing further development of the drug because its potential benefit does not outweigh the r

Develop 82

Develop Development San Diego Blogging 82

socalTECH

JULY 8, 2019

Los Angeles- and New York-based 3L Capital , a new venture capital investment fund co-founded by former Demand Media CEO Shawn Colo, has raised $217M in a new investment round, the firm said today. The startup investor has already been busy making investments in Los Angeles area startups, and already has investments ChowNow , TYT , SnackNation , along with TheRealReal, 101 Commerce, Wheels, and others.

Invest 124

Invest Capital Commerce Los Angeles 124

Startup Professionals Musings

JULY 8, 2019

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. Yet I have found that serious entrepreneurs usually go way beyond these platitudes in their actions and thinking, and often won’t volunteer their real views, for fear of alienating “regular” people, and being branded a fanatic.

Entrepreneur 92

Entrepreneur Startup Customer Custom 92

L.A. Business Journal

JULY 9, 2019

WarnerMedia launches HBO Max; Netflix offering more Chinese content; LADHS victim of data breach

Netflix 100

Netflix Services Report Content 100

Xconomy

JULY 8, 2019

[ Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. ] Right alongside Moore’s Law, which describes the exponential growth in computing power since the 1960s, there’s Metcalfe’s Law, which describes what we’ve done with all that power: namely, use it to connect the world.

.Net 82

.Net Ideas Networking San Diego 82

socalTECH

JULY 12, 2019

The CEO of Santa Monica-based Bird has gone on the offensive, following a report that said the company was seeking $300M and making only around $15M in yearly revenues. In a series of tweets , VanderZanden called the report from The Information "(fake) news" and referred to the site as "DisInformation" and claimed Bird is making $1.75 on every ride on the new Bird Zero scooters, which it says are now 75 percent of its fleet.

Report 113

Report Santa Monica News Sites 113

Startup Professionals Musings

JULY 6, 2019

Whether you are trying to motivate your team, close a deal with a customer, or get funding from an investor, a casual conversation is usually a waste of your valuable time. These result is a founder who is always “too busy,” but never seems to get the business done and the team moving. All real business is conversations focused on creating results. Shawn Kent Hayashi, in her classic book “ Conversations That Get Results and Inspire Collaboration ” makes my point very well as she outlines the top

Tips 92

Tips Guide Design Entrepreneur 92

L.A. Business Journal

JULY 11, 2019

LauncherOne test successful; Lions Gate links with TF1; Bird raising additional $300 million

Report 100

Report 100

StartUp Beat

JULY 8, 2019

Headlines will have you believe the Silicon Valley of tomorrow is blossoming in the Midwest , Los Angeles or even Medellin , Colombia. It is exciting to speculate where the next tech center of the world could be, however, as companies rely more on distributed teams, the next Silicon Valley might be less tangible than we think. According to a Twitter conversation between Andreas Klinger , Head of Remote at Angle List and a recent speaker at Running Remote , and Angle List co-founder Naval Ravikan

Los Angeles 69

Los Angeles Tool Platform Startup 69

socalTECH

JULY 12, 2019

Santa Monica-based MomentFeed , which develops software that helps national brands manage their location-based information, such as information about their network of retail stores, has named Jim D'Arcangelo as its new Chief Marketing Officer (CMO) and Head of Business Development. D'Arcangelo was already serving on MomentFeed's board of directors. MomentFeed said that D'Arcangelo has been working in local marketing for more than 25 years.

Marketing 113

Marketing Southern California Santa Monica High Tech 113

Xconomy

JULY 9, 2019

[ Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. ] For my feature article “ Special Report 2069: Predicting the Internet’s Next 50 Years ,” I asked my Twitter followers to share their own predictions.

Sample 69

Sample .Net Report San Diego 69

L.A. Business Journal

JULY 8, 2019

3L Capital gains $217 million; SpaceX Starlink rivaled by Amazon; BBC invests in Quibi

Capital 100

Capital SpaceX Report Invest 100

socalTECH

JULY 12, 2019

Two, Los Angeles area companies-- Atom Tickets and Goldstar , say they have teamed up to help Atom Tickets expand its local event coverage. According to Atom tickets, it is expanding its Atom Events' list of local activities across multiple cities, including Atlanta, Boston, and Los Angeles, through the link with Goldstar. Goldstar is best known for offering up discounted, last-minute tickets to local events and venues, both helping consumers find events to attend, as well as helping venues fill

Activity 113

Activity Los Angeles Research Help 113