BYD Sells 130 Electric Buses to LADOT
L.A. Business Journal
NOVEMBER 13, 2019
BYD Motors will deliver 130 electric buses to the L.A. Department of Transportation, the company's largest order yet.
Sat.Nov 09, 2019 - Fri.Nov 15, 2019
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LA warns of ‘juice-jacking’ malware, but admits it has no cases
TechCrunch LA
NOVEMBER 15, 2019
Los Angeles’ district attorney is warning travelers to avoid public USB charging points because “they may contain dangerous malware.” Reading the advisory , you might be forgiven for thinking that every USB outlet you see is just waiting for you to plug in your phone so it can steal your data. This so-called “juice-jacking” attack involves criminals loading malware “on charging stations or cables they leave plugged in at the stations so they may infect the pho
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Snap Starts Selling Pricey Spectacles 3
socalTECH
NOVEMBER 12, 2019
Venice-based Snap , the parent company of Snapchat , is continuing in its quest to add hardware to its products, with the introduction of its third generation Spectacles , the Spectacles 3. Snap has started taking pre-orders for the pricey glasses, capable of capturing 3D content, for the price of only $380. Snap says that the new Spectacles can capture both 3D photos and videos at 60 fps, and includes four built-in microphones for capturing immersive audio.
Over-promoting employees. Recalling the Peter Principle
Berkonomics
NOVEMBER 14, 2019
Remember the Peter Principle? Funny how good messages come back in new forms after years of languishing out in the ether. Dr. Laurence J. Peter in The Peter Principle : Why Things Always Go Wrong wrote in the early 1960’s of the “lateral arabesque,” describing how companies promote incompetent employees sometimes by sending them to another department or division to get them out of the way of progress.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
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.
Snap Rolls Out New Spectacles
L.A. Business Journal
NOVEMBER 13, 2019
Snap Inc. releases the newest version of Spectacles, its camera- and video-capable glasses.
CTOs on Emerging Technologies and Business Transformation
SoCal Tech Calendar
NOVEMBER 15, 2019
Thursday, November 21, 2019 -- CTOs on Emerging Technologies and Business Transformation. AITP-LA. A distinguished panel of technology executives will share in-depth views of emerging technologies having transformative impacts to our world and implications going forward. Jeffrey Sullivan, CTO, Cloud Fax, J2 Global Paul Barros, CTO of Currency Drew Tennanbaum, CTO of Atom Tickets Tony Karrer, Founder and CEO of TechEmpower, Founder and CTO of Aggregage.
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Daré to Add Microchip-Based Birth Control to Women’s Health Portfolio
Xconomy
NOVEMBER 14, 2019
The list of activities our smartphones can control grows daily. Transfer money? It’s simple. Order groceries? That, too. Turn off the bedroom lights? Check. How about contraception? Advancing new forms of birth control is a central focus at Daré Bioscience (NASDAQ: DARE ), a San Diego-based biopharma company that’s built a pipeline of experimental devices and treatments tailored for women’s health.
FanAI Raises $12.5 Million Series A
L.A. Business Journal
NOVEMBER 14, 2019
Esports analytics and marketing firm FanAI Inc. raised a $12.5 million Series A round Nov. 14.
Preccelerator Workshop: Pivoting with Constraints w/ Jim Cooper, Braid Theory
SoCal Tech Calendar
NOVEMBER 13, 2019
Tuesday, November 19, 2019 -- Preccelerator Workshop: Pivoting with Constraints w/ Jim Cooper, Braid Theory. Pivoting with Constraints Direction and position of a company's pivot, relative to risk and other factors, strongly affects how a startup progresses through barriers and objects in the market. These constraints can be difficult for a startup to identify, navigate and adjust to.
ringDNA Adds AI-Powered Sales Coaching
socalTECH
NOVEMBER 13, 2019
Los Angeles-based ringDNA , which develops artificial intelligence software for the sales market, has added a new sales coaching product that uses artificial intelligence to help improve sales teams. According to ringDNA, its new conversational intelligence product, ConversationAI, provides sales talking points, call context, social etiquette, sentiment, and other various techniques that win more deals, based on its analysis of over more than 130 mimllion sales conversations.
Why You Need Tools And Analytics For Employee Metrics
Startup Professionals Musings
NOVEMBER 15, 2019
Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Employees are still too often thought of as a commodity, to be acquired “just in time” for the lowest cost, and managed as a disposable asset.
Growing Pains at Activision
L.A. Business Journal
NOVEMBER 15, 2019
Activision Blizzard announces better-than-expected third-quarter earnings and a loss of 3 million users.
18th Annual Wine Tasting and Fundraiser - Advancing Women in Tech
SoCal Tech Calendar
NOVEMBER 12, 2019
Thursday, November 14, 2019 -- 18th Annual Wine Tasting and Fundraiser - Advancing Women in Tech. Join us on November 14 as we honor an amazing group of women in technology! This annual event, hosted by the non-profit Advancing Women in Technology, will include: --2019 AWT Scholarship Presentations --Rising Women and Outstanding Executives in Technology Honorees --Wine Tasting, Light Reception --Keynote speech by Colleen Berube, Zendesk Chief Information Officer --Silent Auction for tickets to t
NextGen Healthcare Acquires Medfusion For $43M
socalTECH
NOVEMBER 13, 2019
Irvine-based NextGen Healthcare , a provider of software for the medical, behavioral and dental provider market, has acquired Medfusion , a developer of "patient experience" software, in a deal worth $43M in cash, the company announced this morning. NextGen Healthcare said it expects the acquisition to close in early December 2019. NextGen said the deal will help it expand its market reach.
6 Technology Trends Will Spawn Countless New Ventures
Startup Professionals Musings
NOVEMBER 11, 2019
A tidal wave of valuable data is surging from the Internet and connected devices today, and the volume is growing exponentially each year. It’s enough to drown any business which tries to fight it or ignore it, and it’s an opportunity to ride higher and faster than even the successes of Google and Facebook, for those startups that use it as their driving force.
FanAI Raises $8 Million Series A
L.A. Business Journal
NOVEMBER 14, 2019
Esports analytics and marketing firm FanAI Inc. raised a $8 million Series A round Nov. 14.
Disrupt or Get Disrupted : A Founders Guide To 5G
SoCal Tech Calendar
NOVEMBER 12, 2019
Tuesday, November 12, 2019 -- Disrupt or Get Disrupted : A Founders Guide To 5G. Verizon 5G Labs and Startup Boost are partnering to demystify 5G and to discuss how it will impact founders and investors alike. Bringing together some of the best minds in the space for a fireside chat and interactive panel, the event will take place at Verizon's brand new 5G labs for an evening of learning and networking over food and drinks.
CalAmp Powers Pallet Tracking Platform
socalTECH
NOVEMBER 14, 2019
Irvine-based CalAmp , a provider of telematics products, is applying its technology to track wooden pallets, to improve supply chain and logistics visibility. According to CalAmp, it has partnered with Pallet Alliance, where its iON Tags, gateways, and its telematics cloud will be used to track wooden pallets. Financial details of the partnership were not announced.
When Planning A Startup, A Top Priority Is Location
Startup Professionals Musings
NOVEMBER 9, 2019
Even in this age of globalization and virtualization, the geographic area where you choose to live and work can still make or break your startup business. I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. get the attention of the market they choose.
Immortals Gaming Club Sells Overwatch League Team
L.A. Business Journal
NOVEMBER 15, 2019
Esports organization Immortals Gaming Club finalized the sale of an esports team to Naples, Fla.-based Beasley Broadcast Group Inc. on Nov. 15.
Caltech Entrepreneurs Forum - Transportation
SoCal Tech Calendar
NOVEMBER 10, 2019
Saturday, November 16, 2019 -- Caltech Entrepreneurs Forum - Transportation. Emerging Opportunities in Urban Mobility and the Business Models It Will Enable. The ways that people and products move around cities worldwide are rapidly changing. As traditional car ownership declines, companies are offering cost-effective alternatives powered by new technology and networks.
SpaceX Plans Launch Of 60 More Starlink Satellites Today
socalTECH
NOVEMBER 11, 2019
Hawthorne-based SpaceX is getting set to launch 60 additional Starlink satellites today, with a target launch of 6:56 a.m. PST, from its lauchpad at Cape Canaveral. According to SpaceX, the new set of Starlink satellites will fly on a previously flown Falcon 9, along with a previously flown fairing. The launch will nearly double the number of Starlink satellites that SpaceX has launching into space; the company already has launched 62 satellites, the first in thousands planned by SpaceX.
10 Key Strategies For Innovation Leadership By Design
Startup Professionals Musings
NOVEMBER 13, 2019
As a business advisor, I strongly believe that continuous innovation and design thinking are the keys to long-term viability and success. A recent survey of design professionals shows strong agreement, but 92 percent expressed some lack of confidence in their organization’s design vision. They are always on the lookout for ways to prepare current and future design leaders.
Valence Links Black Professionals
L.A. Business Journal
NOVEMBER 15, 2019
The team at Valence Enterprises looks to connect black professionals.
Neuroscience Is Taking the Spotlight at Xconomy’s Bay Area Xchange
Xconomy
NOVEMBER 11, 2019
These are heady times for neuroscience research. Startups developing new approaches to brain disorders are raising money to advance their discoveries toward clinical trials. One failed drug neuro drug is getting another shot. On Nov. 19 in San Francisco, we’ll hold the latest in our Xchange events series. What’s Next in Neuroscience Therapies will take a look at new technologies that are changing how we understand brain diseases and spinal injuries, as well as novel approaches that companies are
COI Pharmaceuticals Gets $576M Exit
socalTECH
NOVEMBER 13, 2019
San Diego-based COI Pharmaceuticals , the life sciences incubator and support entity created by Avalon Ventures to support its portfolio companies, says that one of its companies, Calporta Therapeutics , has been acquired by Merck. The deal is worth up to $576M, including upfront payments and contingent milestone payments. Calporta had been developing treatments for various lysosomal storage and neurodegenerative disorders, including Alzheimer's and Parkinson's disease.
10 Ways To Be More Adept At Seeing Around The Corner
Startup Professionals Musings
NOVEMBER 10, 2019
How is it that only a few business leaders and entrepreneurs seem to drive exceptional results and disruptive innovation in this rapidly changing market economy (marketquake)? These few seem more adept at executing market and technology turns, not just incremental evolution. They consistently take bold steps to stay ahead of the curve, often contrary to conventional wisdom.
Super League Gaming Posts Jump in Third-Quarter Revenue
L.A. Business Journal
NOVEMBER 13, 2019
Santa Monica-based Super League Gaming Inc. reported a third-quarter revenue increase of 129% year over year to $350,000.
Biotech Roundup: Gottlieb v. Juul, Solid Slumps, Avidity Gets $100M & More
Xconomy
NOVEMBER 15, 2019
Lung injuries connected to the use of electronic cigarettes have topped 2,000 and killed 40 people, according to the Centers for Disease Control and Prevention. While it remains unclear whether the cases are tied to legally sold products or devices modified by e-cigarette users, the CDC said this week it had identified a “potential toxin of concern”—Vitamin E acetate, which health officials detected in all 29 lung tissue samples from patients that they tested.
The Trade Desk CFO Retires
socalTECH
NOVEMBER 12, 2019
Ventura-based The Trade Desk , the publicly traded provider of online ad-serving technology, says its Chief Financial Office, Paul Ross, is retiring. Ross had been the CFO of The Trade Desk since 2014, and was in charge during the company's IPO. According to The Trade Desk, it has appointed Blake Grayson, a veteran of Amazon, as its new CFO. Grayson was previously Vice President, Finance, for Amazon's International Consumer business.
BYD Sells 130 Electric Buses to LADOT
L.A. Business Journal
NOVEMBER 13, 2019
BYD Motors will deliver 130 electric buses to the L.A. Department of Transportation, the company's largest order yet.
Calporta, Started by Avalon Ventures-GSK, Is Acquired by Merck
Xconomy
NOVEMBER 13, 2019
Another of the biopharma startups created as part of a collaboration between San Diego investment firm Avalon Ventures and GlaxoSmithKline has been acquired—but not by GSK. Instead, the company, Calporta Therapeutics, is being absorbed by Merck (NYSE: MRK ), which is interested in its preclinical work on potential treatments for lysosomal storage and neurodegenerative diseases, including Alzheimer’s and Parkinson’s.
J2 Global Looks To Raise $500M In Debt Offering
socalTECH
NOVEMBER 12, 2019
Los Angeles-based J2 Global is looking to raise $500M in convertible debt from institutinoal buyers, the company said late Monday, to pay off an existing senior secured credit facility and for general corporate purposes, possibly including acquisitions. According to J2 Global, the new convertible senior notes will be due in 2026. J2 Global says that it does not have any agreements or commitments for any "material acquisitions" or investments at this time.
Super League Gaming Posts Jump in Third Quarter Revenue
L.A. Business Journal
NOVEMBER 13, 2019
Santa Monica-based Super League Gaming Inc. reported third quarter revenue increased 129% year-over-year to $350,000.
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