Monday, August 13, 2012MaxLinear Adds QLogic's Desai To BoardCarlsbad-based MaxLinear said Monday afternoon that it has named HK Desai, the Chairman and former CEO of QLogic, to its board of directors. Desai currently is Chairman of data, server, and storage networking firm QLogic, and had been CEO from 1996 until 2010, and has been instrumental in guiding QLogic's growth. MaxLinear is a developer of radio frequency (RF) and mixed signal semiconductors.
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MaintenanceNet Expands Down UnderCarlsbad-based MaintenanceNet, the developer of sales channel management and service agreement renewal software, reported that it's expanding Down Under today. The firm said it has signed a new, value added distributor in Australia, Westcon Group Australia, who will offer its product to its resellers for free. Maintenancenet provides software which helps those resellers manage recurring, maintenance and IT contracts, helping them to know when those contracts are due and helping to proactively ga (More info...)
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Insights and Opinions: Facebook, revisitedWhat's going on with Facebook? For our Insights and Opinions section today, Megan Lisa Jones, an investment banking vet, comments on the travails of Facebook, and its stock price and life as a public company.
Debacle?
It shouldn’t be. The company, less than 10 years old, still has a market cap of almost $50 billion. Still, the stock closed at $21.81 Friday, down around 40 percent from its IPO price of not many weeks ago. It has a drastically higher price to earnings ratio th (More info...)
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YouMail Says Hola To Spanish Language UsersYouMail, the developer of personalized voicemail applications and services, said today that it has added complete, Spanish-language support to its platform, including supporting automatic Spanish-language voicemail greetings and transcriptions. YouMail said its new Youmail en Espanol software provides automatic interaction in Spanish, if the Android OS is set to use Spanish, and can automatically greet callers in Spanish, if a user wants. The service also says it now supports transcription of Sp (More info...)
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ReachLocal Launches Retargeting For SMBsWoodland Hills-based ReachLocal is looking to make search retargeting -- the targeting of consumers based on their prior Internet history -- available to the SMB market this morning, with the launch of a new product. The firm said its new ReachRetargeting, display advertising product will help SMBs target local consumers who have recently search for that SMB's business keywords, as well as those who have recently visited their site. Cost of the new product was not announced. Typically, retargeti (More info...)
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Goodreads Tops 10 Million MembersGoodreads, the online social community focused on book readers, looks to be on a roll. The Los Angeles firm, which is run by Otis Chandler, reported this morning that it now has 10 million members, only three months after hitting the 9 million member mark. The company said it took four and a half years for the site to hit its initial, five million members. The site did not say why it's seen a huge uptick in members, however, the company's services are now heavily used in libraries, social networ (More info...)
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More Bad News For Fisker As Karma Catches FireThere's more bad news for Irvine-based electric auto maker Fisker Automotive this morning, as one of its Karma sedans caught fire in Woodside, California Friday. A video of the fire posted on YouTube shows the left front side of the Karma--which was parked--in flames, in a so-far unexplained self-ignition. Fisker has been dogged with reliability issues as it attempts to get its business off the ground, in many cases due to its use of A123's battery systems. Partner A123 itself was nearly driven (More info...)
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How Kidworth Is Spurring Kids To Become Entrepeneurs, with Rudy DeFeliceHow do you make it easy for kids to learn how to be entrepreneurs--and not only learn about it, but actually go out and create a business? Los Angeles-based Kidworth (www.kidworth.com) is looking to both help kids learn about entrepreneurship, and more importantly, make it easy for them to set up an online store, sell their services or products, and even handle things like collecting payments via credit card. We spoke with Rudy DeFelice, founder of the site and a local serial entrepreneur, to he (More info...)
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Elcelyx Therapeutics Adds $4MSan Diego-based Elcelyx Therapeutics, a developer of biopharmaceuticals aimed at both the weight loss and diabetes area, said this morning that it has raised $4M of a $7M extension of its Series B equity funding round. The new funding came from Kleiner Perkins Caufield & Byers and Technology Partners. The company said that it has now raised a total of $20M in funding. The new funds will go towards clinical trials for its two product candidates. Elcelyx is working on compounds which address the s (More info...)
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Quest Debuts Windows Azure Monitoring SoftwareAliso Viejo-based Quest Software announced this morning that it has rolled out a new software package for monitoring Windows Azure applications. The firm said its new package, Foglight for Windows Azure Applications, is a software-as-a-service product for performance monitoring of applications running in the Azure cloud, Microsoft's cloud computing service. Pricing on the new software was not disclosed. The new app provides both current and historical availability information, a browser-by-brows (More info...)
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Kurion Names ChairmanIrvine-based Kurion, the venture-backed developer of nuclear and hazardous waste disposal technology, said this morning that it has named Ralph DiSibio as its Chairman of the board. DiSibio was most recently at Washington Energy & Environment, a firm involved in nuclear waste treatment and isolation. He has also served at Parsons Power and Westinghouse Electric Company, among other companies. DiSibio replaces Josh Wolfe of Lux Capital, who remains a director. Kurion's water purification and nucl (More info...)
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