Tuesday, June 15, 2010Hulu Streams Presidential Address, Allows EmbeddingLos Angeles-based streaming video site Hulu said this afternoon that it is streaming the presidential address at 5:00p.m. by President Obama, and will allow other web sites to embed a live stream of the event. Hulu said the stream, which will also be made available internationally, can be embedded into any blog or web site through a widget. President Obama is addressing the oil spill in the Gulf tonight in his speech, which is also being streamed on YouTube and elsewhere. Hulu's embedded blog wi (More info...)
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Rubicon Project: $100M+ In Revenues This Year, Profitability In Q4Santa Monica-based Rubicon Project, the online advertising optimization firm founded by Frank Addante, is on track to do $100M in revenues this year and will reach profitability in Q4, according to a blog post by Addante Tuesday afternoon. Addante said the firm--which has taken $42M in venture capital from Clearstone, Mayfield, IDG, and Peacock Equity fund--is on track to achieve the "ultimate test of success" for any startup, profitability. Addante said the firm now is processing over 50 billio (More info...)
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Zag Raises $11.1M MoreSanta Monica-based Zag, the online auto buying software firm headed by Scott Painter, has raised $11.1M in a new equity funding round, according to a regulatory filing by the firm Tuesday afternoon. Source and details on the funding have not yet been announced by the company. The filing indicates the first funding in the round came on June 2nd. Zag is developing auto buying and configuration software used by groups such as the AAA, USAA, Overstock.com, and other groups to provide their members w (More info...)
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ProFlowers Tops Web Traffic Rankings In MaySan Diego-based e-commerce firm ProFlowers.com was the top ranked U.S. web property for May, based on percentage change in unique visitors, according to the latest comScore Media Metrix numbers. According to comScore, Mother's Day, graduation, proms, and weddings helped to drive traffic to flower gift and greeting sites, driving ProFlowers to the top of the unique visitors increase list. ProFlowers.com, which is a unit of Provide Commerce, saw visitors grow from 2.7M uniques in April to 7.28M in (More info...)
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Southern California Teams Named Cleantech Open SemifinalistsThe Cleantech Open, the clean technology focused business competition, has named the semifinalists for its 2010 competition, indicating a number of Southern California firms are semifinalists in the competition. According to the Cleantech Open, the teams are competing for up to $50,000 in cash and in-kind services in their region, and a grand prize of $250,000 in cash and services nationally for the best business plans and investor pitches for their firms. In the California region, in the Air, W (More info...)
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White House To Answer Oil Spill Questions On YouTubeSearch engine giant Google said today that the White House will be taking questions from its users, after a live broadcast of President Obama's address on the Gulf oil spill tonight at 5pm PST. Google said that White House Press Secretary Robert Gibbs will be taking questions via its Google Moderator service, and answer them via video on the White House YouTube channel, for 15 minutes after the remarks by Obama.
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Make It Work Expands Into Web ServicesSanta Barbara-based Make It Work, the in-home computer and electronics service and help firm headed by Eric David Greenspan, said this week that it has launched a new web and social media services arm. The company said it will provide services such as site hosting, domain registration, social media strategy, blog installation, email newsletters, and other social media help to companies. Make It Work is known both for its ubiquitous red Mini Cooper service vehicles, as well as its radio shows on (More info...)
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Insights and Opinions: I'm Drowning in Social Media and Going Down for the Count
For today's Insights and Opinions section, where we feature articles from the thought leaders in Southern California's high tech industry, Jeffrey Swartz takes a look at the overwhelming flood of social media, and how to deal with it.
There was a time not long ago—a happy time—when marketing communications was uncomplicated. It consisted of press releases, feature articles, case studies, editorial tours and an occasional interview or speaking engagement.
And then...the fan (and a (More info...)
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Prolacta Ties With Susan G. Komen for the CureMonrovia, California-based Prolacta Bioscience, the venture backed firm developing human milk fortifiers for premature infants, announced this morning that it will be donating funds to the Susan G. Komen for the Cure as part of its milk donation program. The firm, which collects excess milk from mothers for developing its milk fortifiers for premature infants, said it will donate one dollar to Komen per ounce of qualified breast milk it collects through the Helping Hands Milk Bank. The firm said (More info...)
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OneMind Connect, Make of ExpensAble, Acquired By AdministaffIrvine-based OneMind Connect, which develops the ExpensAble expense report management software, has been acquired, according to human resources outsourcing firm Administaff. Administaff did not reveal any financial details of the buy. ExpensAble is an expense report management software delivered both as installable desktop software and as software-as-a-service. The firm was headed by John Tangredi. Administaff said that ExpensAble's existing management and staff will continue to oversee operatio (More info...)
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ReachLocal Gets Social With New Local Business SiteWoodland Hills-based ReachLocal said today that it has launched a new, beta of a local business site called Bizzy. ReachLocal said that Bizzy will allow users to connect with local businesses, receive exclusive offers, invitations to events, tips, and news from their favorite businesses. The new site is launching first in New York, San Francisco, and Dallas. Zorik Gordon, CEO of ReachLocal, said in a statement that the new site is a "separate, unique place" for local business owners to communica (More info...)
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Qualcomm Ties With SEMATECHSan Diego-based Qualcomm and semiconductor consortium SEMATECH said today that the two are in a collaboration, focused on CMOS scaling and technology. According to the two, Qualcomm will participate in helping SEMATECH's efforts to assess the feasibility of technologies designed to extend Moore's Law. Qualcomm is the first, fabless chip manufacturer to join the group. SEMATECH is an consortium of semiconductor manufacturers working on strategic R&D for the industry.
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RealD Rolls Out Kids GlassesLos Angeles-based RealD, the provider of 3D movie projection technology, said today that it has rolled out new, kid-sized 3D glasses. According to RealD, the new glasses are designed to fit children 8 years of age and under, and will be available starting June 18th at theaters showing the Disney-PIXAR "Toy Story 3" movie.
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Practice Technologies Becomes RealPractice, Moves To OCPractice Technologies, a developer of software for attorneys and law firms, is announcing today that it has renamed itself RealPractice, moved its headquarters to Santa Ana, and also hired Carey Ransom as its new CEO. RealPractice is venture backed by Miramar Venture Partners and Rustic Canyon Partners. Ransom was most recently VP of Business Development at Brand Affinity Technologies, and also served at Webvisible and other firms.
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