Monday, April 26, 2010SciVee Ties With Thomson ReutersSan Diego-based SciVee, which operates an online Internet video site focused on advancing scientific knowledge, has inked a deal with Thomson Reuters, the firms said Monday. According to the companies, Thomson Reuters will allow users of its ScholarOne Abstracts product the ability to capture live meetings, and share their content via SciVee. Financial details of the partnership were not disclosed. SciVee was created in 2007 as a joint initiative of the National Science Foundation (NSF) and the (More info...)
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Mitsubishi Chemical To Invest $6M In UCSBThe University of California, Santa Barbara and Mitsubishi Chemical Corporation of Tokyo have just announced that Mitsubishi Chemical will invest $6M in the school, as part of an extension of a materials research and education alliance. The funding will go towards the Mitsubishi Chemical Center for Advanced Materials (MC-CAM) at UCSB, which was established in 2001. The $6M will be spread over four years. Mitsubishi Chemical is the largest chemical company in Japan.
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Information Technology Bucks Downward LA Employment TrendThe U.S. Bureau of Labor Statistics released its March 2010 employment numbers today, showing that the information sector was one of the only employment sectors to buck a further decline in employment in the region in March. The monthly report, which tracks the Los Angeles-Long Beach-Santa Ana Metropolitan Statistical Area (MSA), said that overall employment declined by 150,800 people, or 2.9 percent, compared with March of last year in the region. The Bureau said that the decline was the 27th c (More info...)
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YouMail Buys Voicemail CustomersAliso Viejo-based YouMail, the advanced voicemail service run by Alex Quilici, has acquired the retail voicemail customers of San Francisco-based Quicktate, Quicktate announced today. Financial terms of the acquisition were not disclosed. According to Quicktate, the sale will help it focus on growing its wholesale, voice-to-text business. Quicktate provides its transcription services to Youmail. As part of the deal, the two said they have entered a marketing partnership, where YouMail will intro (More info...)
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Steamboat Boosts Video Advertising FirmBurbank-based venture capital firm Steamboat Ventures, which is affiliated with the Walt Disney Company, has led a new investment in a Bay area video advertising and monetization firm, FreeWheel. According to FreeWheel, Steamboat led a $16.8M funding, which also included Turner Broadcasting, Battery Ventures, and Foundation Capital. Steamboat's investment was led by Dan Beldy. FreeWheel develops technology to monetize online premium video, including handling video ad serving and ad rights manage (More info...)
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TheWrap.com Gets $2MHollywood-based TheWrap.com, an online blog focused on the business of Hollywood, has raised $2M in a second round of funding, according to the company. TheWrap said that the funding was led by Maveron, along with other investors. TheWrap was founded by former New York Times reporter Sharon Waxman.
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RealD Rolls iPhone AppLos Angeles-based RealD, a developer of 3D projection technology for the 3D movie business, announced today that the firm has rolled out an application for the Apple iPhone, iTouch, and iPad. According to RealD, its new RealD Professional Stereo3D Calculator app allows filmmakers to calculate and plan stereo 3D depth, optimal camera rig locations, lens configuration, and more. The firm said the new software is available through iTunes for $299.99.
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Xirrus Ties With Digital Education FirmThousand Oaks-based Xirrus, a developer of wireless networking equipment, announced today along with educational software firm Pearson, that the two are in a partnership. The two said that they will provide wireless deliver of Pearson's Waterford Early Learning and SuccessMaker digital education programs to elementary and middle schools. Financial details of the partnership were not announced. Venture-backed Xirrus develops a switching, wireless access hardware which combines multiple wireless (More info...)
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PacketVideo Adds Firefox, Mac SupportSan Diego-based PacketVideo, a developer of multimedia networking products, announced today that the firm has added support for Firefox and Mac users in its latest release of its TwonkyBeam software. PacketVideo's software is used for streaming media to home consumer electronics devices. The firm said the software allows users to take media from sites such as YouTube, Flickr, and Last.fm and stream them to various consumer electronic devices. PacketVideo is a subsidiary of NextWave Wireless.
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CPC Marketing Firm Bardon Advisors AcquiredLos Angeles-based Bardon Advisors, a cost-per-click (CPC) search and affiliate marketing firm, has been acquired by New York-based MediaTrust. Financial terms of the acquisition were not disclosed. According to MediaTrust, Bardon Advisors owns more than 1200 web properties, which get a total of 20 million monthly unique visits, and 5 million paid searches per month. Bardon Advisors was founded by Keith Cohn, who was previously President and CEO of Vendare Media, which was backed by Idealab and o (More info...)
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Mojix Names CTOLos Angeles-based Mojix, a developer of RFID technology, said today that it has promoted Dr. Christopher R. Jones as its new Chief Technology Officer. Mojix--which is applying communications techniques honed on NASA deep space exploration missions and applying them to RFID readers and tags--said that Jones has been at the firm since 2006, after joining the firm from California Institute of Technology's Jet Propulsion Laboratory (JPL). Jones also served at Broadcom. Mojix is venture backed by Oak (More info...)
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