Thursday, June 18, 2009Insights and Opinions: How To Save MySpaceFor our Insights and Opinions section this afternoon, Docstoc's Jason Nazar makes a proposal on how to save MySpace. He says:
I wouldn't bet against MySpace. They attract over 70 million people a month (just in the US), and by most accounts are still one of the 10 most popular sites in the world. They also have a new management team, that's headed up in part by Michael Jones (COO), the most all around talented internet executive I know.
But they're clearly headed in the wrong direction, (More info...)
posted on Thursday, June 18, 2009(Full story)
Maverick Angels Expands NetworkMaverick Angels, one of the angel investment groups in the Los Angeles area, said this afternoon that the group is launching two new chapters, expanding into the Santa Barbara and South Bay area. According to a note from John Dilts, the angel group's founder and President, the move comes due to the increase in entrepreneurs coming to angel groups, given the retracting availability of funding from banks and venture capital firms. The group said the new Santa Barbara chapter is launching on June 2 (More info...)
posted on Thursday, June 18, 2009(Full story)
Interview with Gregg Champion, OneCubicleOur interview today is with Santa Monica-based OneCubicle (www.onecubicle.com), a new startup we ran across recently, which is looking to provide a more professional social networking site for younger people. We caught up with the firm's CEO, Gregg Champion--who formerly was Vice President of Programming and Development at Mania TV--to learn more about the company, its business, as well as its fundraising plans.
What is Onecubicle?
Gregg Champion: OneCubicle.com is a social business networ (More info...)
posted on Thursday, June 18, 2009(Full story)
CEIVA Logic Claims Patent WinBurbank-based CEIVA Logic, a developer of Internet-connected, digital photo frames, said this week that a Los Angeles Federal District Court has ruled that competitor Frame Media's products infringe on one of its patents, relating to its digital photo sharing system. According to CEIVA, the Court found Frame Media's service to distribute images to connected photo frames violates a U.S. Patent, No., 65,442,573, owned by the company. CEIVA filed the lawsuit against CEIVA in July of 2008 claiming i (More info...)
posted on Thursday, June 18, 2009(Full story)
V-Vehicle Gets Kleiner Backing, Opens Louisiana PlantSan Diego-based V-Vehicle Company and venture capital firm Kleiner Perkins Caufield & Byers teamed up with the Governor of Louisiana and the Louisiana Economic Development agency yesterday to announce that it has purchased a defunct automotive plant in Monroe, Louisiana, to manufacture its energy efficient, environmentally friendly automobiles. According to the state of Louisiana, V-Vehicle Company is backed by KPCB, T. Boone Pickens, James Davison and other investors. Details on V-Vehicle's aut (More info...)
posted on Thursday, June 18, 2009(Full story)
Study: Most Entrepreneurs Between 55-64A new study released today by the Kauffman Foundation, reports that the highest rate of entrepreneurial activity belongs to people 55-64. The study--which attempts to characterize who might drive the next wave of entrepreneurial activity in the United States--also found that the average age of U.S.-born, technology founders when they started their companies was 39. The study also said that the nation might be on the cusp of an entrepreneurship boom, because both of an aging population, decline o (More info...)
posted on Thursday, June 18, 2009(Full story)
Ceradyne Gains $8.3M Order From U.S. MarinesCosta Mesa-based Ceradyne, a developer of ceramic body armor, said today that it has received an $8.3M order from the U.S. Marines. The firm said the product win is expected to be delivered by September, and is part of a larger contract the firm announced with the U.S. Marines earlier.
posted on Thursday, June 18, 2009(Full story)
Active Network Releases Web-based Events Management ProductSan Diego-based The Active Network, an operator of a network of services for community, sports, and other organizations, said today that it has released a new product focused on event management. The firm said its new product, ActiveEvents OnDemand, provide tools to event planners for managing conferences, meetings, tradeshows, seminars, and other events. Active Network entered the events management business in January 2008, with the acquisition of event management software firms RegOnline and W (More info...)
posted on Thursday, June 18, 2009(Full story)
Outcast, PumpTop TV Launch Combined Joint VentureSanta Monica-based Outcast, and Irvine-based AdtekMedia, the operator of out-of-home advertising network PumpTop TV, said today that the two firms have created a new, joint venture focused on at-the-pump displays. According to the two, Outcast will be responsible for advertising sales and marketing of the network, and AdtekMedia will provide software and systems development, as well as focus on product and technology innovation. Financial details of the joint venture were not disclosed. The two (More info...)
posted on Thursday, June 18, 2009(Full story)