Wednesday, September 11, 2013Quarterly Adds Reality Star Coco To Gift ServiceAre you a fan of E! reality television show "Ice Loves Coco"? If so, the latest addition by Hollywood-based Quarterly is for you. The startup, which delivers quarterly gift packages to subscribers, curated by bloggers, celebrities, and other influencers, said it has added Coco, the star of the E! series, as its latest contributor. Coco is the wife of Ice-T. Quarterly has been steadily adding a large collection of influencers to its service, delivering gifts every three months that are curated an (More info...)
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XPRIZE Launches New, $2M Ocean Health PrizeXPRIZE, the nonprofit organization which has been using large dollar prize competitions to spur innovation in a wide range of areas, has booted up a brand new, $2M prize around ocean health, the group said this week. According to the Los Angeles-based organization, its newest price is the $2 million Wendy Schmidt Ocean Health XPRIZE, which will challenge teams to develop accurate and affordable ocean pH sensors, to help address the issues with ocean acidification due to the rise in atmospheric c (More info...)
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Covario Bolsters Advisory BoardSan Diego-based Covario, the search agency and search marketing technology provider, is bolstering its advisors today, saying it has added Bloomberg TV host and former Kodak CMO Jeffrey Hayzlett to its advisory board. Hayzlett was formerly Chief Marketing Officer at Kodak, and is a contributing editor and guest host on Bloomberg Television, in addition to being a business author. Covario is head of strategic consulting firm The Hayzlett Group. Covario, which is run by Russ Mann, provides search (More info...)
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NetSol Sets New CFOCalabasas-based IT services provider NetSol Technologies has hired a new, Chief Financial Officer at the company, the company said this week. According to NetSol, it has named Roger Almond as CFO, and has moved former CFO Boo-Ali Siddiqui to the Chief Accounting Officer position. Siddiqui will also continue to serve as CFO of NetSol's Pakistani subsidiary. Almond was previously at Grant Thornton LLP and at Pickard & Green. NetSol said Almond wil lbe based at the company's Calabasas headquarters, (More info...)
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Core Innovation Capital Backs Wipit
Los Angeles-based venture investor Core Innovation Capital is backing mobile payments provider Wipit, in a Series A funding, the companies said this morning. Size of the investment was not announced. As part of the funding, Arjan Schutte, Managing Partner at Core Innovation Capital, will join Wipit's board of directors. Wipit is also based in Los Angeles. According to the two, the investment will go to expand adoption and development of Wipit's mobile payments and financial services offerings. (More info...)
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MicroPower Technologies Launches New Infrared CameraSan Diego-based security technology developer MicroPower Technologies has rolled out a new product, a new, infrared camera which can wirelessly send its images up to a half mile away. The venture-backed startup--which is backed by Karmel Capital, Motorola and the Tech Coast Angels--said its new Helios IR camera consumes less than 1/10th the power of standard, industry cameras, and is powered by solar energy and a lithium battery. MicroPower says its camera is capable of running continuously for (More info...)
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CheckAlt Wins Colorado Credit UnionLos Angeles-based CHeckAlt, the mobile check deposit startup let by Shai Stern, has scored a win at a Colorado credit union. According to Pikes Peak Credit Union, which serves Colorado Springs, it has tapped into CheckAlt, iParse, and CU Wireless for mobile deposit capture. CheckAlt's services lets credit union members deposit checks via their mobile devices, via the credit union's existing mobile application. Financial impact of the win was not disclosed. CheckAlt's software handles all of the (More info...)
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Panasonic Avionics Ties With Intelsat On In-Flight Wi-FiPanasonic Avionics, the arm of Panasonic which develops in-flight wireless equipment, said today that it is in a deal with Intelsat to provide coverage and capacity for its in-flight Wi-Fi services. Panasonic Avionics, which is based in Anaheim, said it will use Intelsat's 33e satellite to cover airplanes traveling from Europe to South East Asia and Europe to North Asia. Financial details of the link were not announced by the company. Panasonic's Wi-Fi system will tap into the Ku-band capabiliti (More info...)
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Broadcom Wins D-Link For Wi-Fi Access Point DesignIrvine-based chip maker Broadcom announced a design win this morning, saying that D-Link has selected its processors and systems-on-a-chip for a new, Wi-Fi enterprise access point. Broadcom said that D-Link will use its Broadcom StrataGX and 5G Wi-Fi systems-on-a-chip to power the new, 802.11ac bWi-Fi access point. Shipment volumes and expected financial impact were not announced.
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