Friday, April 22, 2011iChange Acquired By HerbalifeEl Segundo-based iChange, the operator of an online community focused on lifestyle changes, weight loss, and nutrition, has been acquired by Herbalife, according to investor Momentum Venture Management. Financial terms of the deal were not disclosed. iChange, which was headed by Stu MacFarlane, will be used by Herbalife's independent distributors to provide wellness coaching to clients. Momentum Ventures became involved with iChange in 2009 as an advisor, and made an investment at the beginning (More info...)
posted on Friday, April 22, 2011(Full story)
Southern California Internet Sites In Top 50 In MarchA number of Southern California ranked in the top 50 most visited Internet sites in March, according to the latest, March 2011 numbers released by comScore today. comScore shows Santa Monica-based Demand Media as the highest rank Southern California firm, with 76.5M unique visitors, ranked at number 12. Fox Interactive Media, which includes MySpace, was ranked at 19 with 55.9 million unique visitors. Other highly ranking Southern California Internet sites were Break Media, at 34 with 31.34M uniq (More info...)
posted on Friday, April 22, 2011(Full story)
Startups Increase New Job Creation Plans, Says ReportA report released today by Silicon Valley Bank said that 83 percent of startups plan to hire this year, up from 73% of startups that had hiring plans in last year's survey. SVB said its Startup Outlook 2011 survey came from the responses of 375 U.S-based private, venture capital backed software, hardware, life science, and cleantech companies. The study was conducted by independent market research firm Koski Research during February 2011. SVB said it found that startups are optimistic about curr (More info...)
posted on Friday, April 22, 2011(Full story)
Emulex Takes Vice Chair At FCIACosta Mesa-based Fibre Channel networking equipment maker Emulex said Thursday that it has taken the Vice Chair position at the Fibre Channel Industry Association. Emulex said that Mark Jones, its director of technical marketing at the company, is now Vice Chair of the oganization, an industry group made up of manufacturers, system integrators, and vendors in the Fibre Channel industry.
posted on Friday, April 22, 2011(Full story)