Friday, February 24, 2006Angel Group Head Leaves, Forms New GroupA new angel group, headed by former Keiretsu Forum Los Angeles head John Dilts, is forming in Los Angeles. John Dilts, who headed up the Keiretsu Forum's Los Angeles and Westlake efforts, left the Keiretsu Forum last week to form the new group. The new group, Maverick Angels, is expected to formally launch next week and start holding meetings in March.
posted on Friday, February 24, 2006(Full story)
eBay Launches GigaMoveseBay's Rent.com subsidiary has launched a new company, GigaMoves, to target the online lead generation market for moving companies. The new company is an online lead-generation service that connects customers with moving companies, as well as providing account management, pay-per-lead pricing, and tracking of leads. The move comes a day after competitor Homestore renamed itself to Move, Inc. and said that it will focus in on the same, moving lead market. GigaMoves said that it has 100 major movi (More info...)
posted on Friday, February 24, 2006(Full story)
iTunes Downloads Hit 1 Billion SongsApple Computer is reporting that it has delivered over 1 billion downloads from its iTunes Music Store. Apple said that it now has over 3,500 music videos, 35,000 podcasts, 16,000 audiobooks, and more than two million songs in its catalog. As part of the milestone, Apple said that it awarded the 1 billionth downloader, Alex Ostrovsky, with a new iMac, 10 iPods, and a $10,000 gift card, plus establishing a scholarship at Juilliard School of music in his name. The International Federation of the P (More info...)
posted on Friday, February 24, 2006(Full story)
USC Gets $25M For Stem Cell ResearchThe University of Southern California has received a $25 million gift from the Broad Foundation, for the construction of a stem cell research institute on the University's Health Sciences campus. USC said yesterday that the Broad Foundation, founded by Eli and Edythe Broad, would give the gift for the construction of a 215,000 square foot facility for stem cell research and integrative biology. The new facility would make it the largest stem cell research center in California. Eli Broad said in (More info...)
posted on Friday, February 24, 2006(Full story)
Interview with Suresh Nihalani, OmniluxI recently caught up with Suresh Nihalani, CEO of Omnilux, an Idealab startup that is developing hardware for the wireless broadband networking space. Suresh was the founder of Accelerated Networks, and more recently the founder of Nevis Networks, an enterprise security appliance vendor in the Bay Area. I spoke to Suresh and Stephan West, Idealab's PR person, about the firm. Ben Kuo: So what are you up to nowadays? SN: In April, I joined Omnilux, backed by Idealab, which has incubated a number (More info...)
posted on Friday, February 24, 2006(Full story)