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Most of the buzz about esports focuses on high-profile professional teams and audiences watching live streams of those professionals. What gets ignored is the entire base of amateurs wanting to compete in esports below the professional tier. This is like talking about the NBA and the value of its sponsorships and broadcast rights as if that is the entirety of the basketball market in the US.
Is the future of flying vehicles finally here? We spoke with Steve Hanvey, CEO of Alaka'i (www.alakai.com) about the launch of the company's futuristic, hydrogen powered air vehicle, the Skai, on Wednesday. Hanvey told us how the company decided on the use of hydrogen for powering its multi-rotor craft, how soon he hopes the Skai will actually take to the air, and how long it will take to actually get the aircraft certified for flight.
On the eve of the start of the seventh annual San Diego Startup Week, let’s learn more about the event—which is expected to draw thousands to its talks and gatherings—and take a look at some other recent tech news. —Local entrepreneurs have dozens of speakers teed up and get-togethers organized for Startup Week, which kicks off Tuesday.
Attention spans are growing shorter by the second. Studies have shown that attention spans for engaging a reader or listener have fallen from eleven seconds to eight seconds on average. Eight seconds to reach someone in most any medium. Ouch! Growing weary of paid advertisements. We have grown more than a bit weary of most advertising, no matter in what form.
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.
Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Let’s take a quick moment to catch up. Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs’ favorite spaces: cannabis tech.
Our interview this morning is with Robin Richards , the CEO of Los Angeles-based CareerArc (www.careerarc.com). Richards--a serial entrepreneur who has been involved in a number of technology companies here, including NTI Group (sold to Blackboard), Internships.com, MP3.com, and Vivendi Universal Net USA, where he was also CEO. Richards also has been an active angel investor in local startups.
Drugs that rev up a patient’s immune system have changed how we treat cancers of the skin, lung, and more, offering people whose tumors have spread a chance to live longer than ever thought possible. But until this year, the field had nothing for breast cancer, which kills more women than any other cancer type. That changed in March, when the FDA approved a combination of the immunotherapy atezolizumab (Tecentriq), made by Roche, and chemotherapy for a subset of patients with an aggressive
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Drugs that rev up a patient’s immune system have changed how we treat cancers of the skin, lung, and more, offering people whose tumors have spread a chance to live longer than ever thought possible. But until this year, the field had nothing for breast cancer, which kills more women than any other cancer type. That changed in March, when the FDA approved a combination of the immunotherapy atezolizumab (Tecentriq), made by Roche, and chemotherapy for a subset of patients with an aggressive
In a previous life, John Underkoffler spent his days in Los Angeles dreaming up all of the possible ways men and machines would interact as a science adviser on films like Minority Report. Now, he designs those systems for the real world through his company Oblong Industries , which has labored to create a full stack of collaborative tools for business users that are every bit as high-tech as the one’s Underkoffler dreamt for the silver screen.
Santa Monica-based Cornerstone OnDemand Foundation , the nonprofit arm of Cornerstone OnDemand, says it will launch a set of free, online learning programs to help under-represented, job sekers in Los Angeles. According to Cornerstone OnDemand, it has partnered with the Bixel Exchange, a division of the L.A. Area Chamber of Commerce, to provide access to a free online learning program for job seekers.
The nominees and finalists for the first-ever Xconomy Awards San Diego were an impressive bunch, making it tough for our judges and the editors to pick the winners. There were multiple deserving companies and people in each category. After much discussion and debate, we decided that these winners represent the best of the San Diego life sciences and healthtech community.
Wednesday, June 5, 2019 -- ACG101's 3rd Annual Emerging Growth Pitch Competition and Showcase. On June 5th, we're showcasing a select group of Greater-Los Angeles's finest startups in an event you won't want to miss. 10 selected startups will pitch to attendees, guest judges (investors and seasoned entrepreneurs) in a showcase/demo table style presentation.
A report today, from Reuters, says that the Chinese owner of Los Angeles-based gay dating app developer Grind , gave access to its Beijing-based engineers to the data of millions of Americans, despite U.S. orders to keep that data private. According to the report, Grindr's parent company, Beijing Kunlun Tech Co Ltd gave those Chinese engineers access to private messages and HIV status of millions of Americans, and prompted the recent ruling which ordered the firm to sell Grindr as matter of Nati
From Microsoft and IBM to Alphabet’s unit X and Canada’s D-Wave Systems, companies are racing to build powerful quantum computers that may solve problems beyond the capacity of the most sophisticated conventional processors, and do it much faster. It’ll be some years before such uber-computers are robust and reliable enough for broad commercial use.
Thursday, May 30, 2019 -- RecruitMilitary Greater Los Angeles Veterans Job Fair. This free event for veterans, military spouses, transitioning military, National Guard members and Reservists features 70 employers ready to hire.
The ad serving and "creative optimization" businesses of Sizmek , the now-bankrupt developer of advertising technology which had a significant portion of its team in Los Angeles, has been acquired by Amazon , Amazon said on Friday. Financial details of the acquisition were not announced. Amazon said it has agreed to acquire both the Sizmek Ad Server and Sizmek Dynamic Creative Optimization (DCO) products.
When the brain goes bad, modern medicine is often powerless to help. That’s the case for Alzheimer’s disease, where drug after drug has failed, and the only approved treatments are marginally helpful at best. The same seems increasingly clear for the most common and aggressive type of brain cancer, glioblastoma multiforme. Its origins are mysterious , its ravages swift.
Redlands-based geographical information systems (GIS) provider Esri said on Thursday that it has partnered with a provider of software consulting and technology provider AgIntegrated , which develops a data hub for the agriculture and forestry market. AgIntegrated is the developer of Onsite API Services and QC Pro, which offers up a centralized platform for agriculture and forestry customers to connect.
Every business professional needs to stay cool under pressure, to be a top performer, and for the sake of their own health. Yet everyone has a melting point – a critical threshold where pressure causes them to respond irrationally. Many people believe their threshold is permanently set by family genetics, or cultural influences, but I believe anyone can train themselves to stay cool.
Come celebrate milestones the internet has made over the past 50 years at a special event called Net@50 on July 16 in Cambridge, MA, organized by the World Frontiers Forum and Xconomy. An afternoon forum at the MIT Media Lab will explore the big issues and challenges surrounding the internet. And a gala dinner at Café ArtScience will honor the internet’s pioneers and bring together past, present, and future technology and business leaders.
Los Angeles-based venture investor Moonshots Capital is the lead investor in a new startup, Backtracks , a developer of podcast analytics software. According to Backtracks, it has raised $2.1M in a seed funding round, which was led by Moonshots Capital, and also included Capital Factory, Sputnik ATX, Next Coast Ventures, Bull Creek Capital, and BNSG Capital.
Based on my years of experience as a new business advisor, I always find leadership to be more important to business success than any new technology or innovative solution. The challenge is to adequately define leadership in terms of everyday activities. Most entrepreneurs believe they are leaders, even though the feedback I get from their team and partners may indicate otherwise.
Podcast analytics software developer Backtracks Inc. announced May 30 it raised a $2.1 million seed round led by Marina del Rey-based venture capital firm Moonshots Capital.
[ Corrected 5/31/19, 8:48 am ET. See below. ] Pharmaceutical companies that make or market opioids have found themselves in legal hot water, and much of the heat is coming from Oklahoma. This week, a trial began litigating Johnson & Johnson’s responsibility for opioid addiction in the Sooner State. Johnson & Johnson (NYSE: JNJ ) entered the Norman, OK, courtroom without any of its industry peers.
Los Angeles-based Mission , a startup providing managed services and consulting for Amazon Web Services, has raised $15M in a funding round, from private equity investor Great Hill Partners. According to Mission, it will use the new funding to expand its team, technology, system, and go-to-market. Mission said it provides services providing AWS solutions in three major areas--Southern California, Northern California, and the Northeast.
Everyone wants to grow and innovate like Amazon these days. From meager beginnings selling books online back in 1994, Amazon is currently the largest e-commerce retailer and cloud computing platform in the world, and now dominates even the giant Walmart. In my role as a business advisor, I’ve long wondered how to pass their secrets along to other new ventures.
Goleta-based high voltage, Gallium Nitride (GaN) semiconductor developer Transphorm announced a design win on Wednesday, as part of a PC gaming power supply from OEM manufacturer Wentai Technology Corporation. Transphorm said that Wentai is using its TP65H050WS Gen III 50 milliohm GaN FET in its Titanium ATX gaming power supply, the Aidan-T1616. Wentai's new 1.6 kW power supply has more than 95% percent energy efficiency, according to Transphorm.
Fountain Valley-based HyperX , the division of Kingston Technology which develops accessories aimed at videogame enthusiasts, has rolled out a new line of gaming gaer, the company announced on Monday. According to HyperX, it has rolled out a new HyperX Alloy OriginsT Mechanical Gaming Keyboard, new HyperX switches, a new gaming headset, and new FURY DDR4 memory.
Marina Del Rey-based XPRIZE , the group which runs challenges to help advance the development of technology, will award a $1M bonus prize this month in Monaco for the Shell Ocean Discovery XPRIZE , according to the nonprofit. According to XPRIZE, it asked teams to design new technology with the ability to detect chemicals in the open ocean and trace them to their source, with the National Oceanic and Atmospheric Administration (NOAA) offering a $1 million prize for the most successful team.
Los Angeles-based Snap Inc. , the parent firm of Snapchat , has sold off Placed , a developer of location intelligence and offline attribution software tools. Financial terms of the acquisition were not announced. Snap Inc. had acquired Placed in 2017, paying $135.2M in cash. The acquisition by Foursquare came after it raised a new $150M investment from the Raine Group.
Mojave-based space launch vehicle startup Stratolaunch Launch Systems , which was backed by late Microsoft co-founder Paul G. Allen, is shutting its doors, according to a report on Friday from Reuters. The report--which cited "four people familiar with the matter"--said that Stratolaunch would close its operations. No reason for the shutdown was given.
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