Tuesday, March 15, 2016Wag Expands To AustinLos Angeles-based on-demand, dog walking marketplace Wag!, which was founded by Jason Meltzer and Josh Viner, said today that it has expanded to Austin, to coincide with the SXSW tech gathering in that city this week. The startup says that Austin is the eighth city it has launched in so far. Wag currently also serves Los Angeles, San Francisco, New York City, Seattle, Chicago, Orange County and San Diego. The company is venture backed by Freestyle Capital, Greylock, CrunchFund, Slow Ventures, S (More info...)
posted on Tuesday, March 15, 2016(Full story)
Uber Launches Food Delivery Service In LAUber said today that it has lauched a new, stand-alone service, UberEATS, which will deliver food to users in the Los Angeles area, seven days a week, day and night. According to Uber, the new service is supported by its own, dedicated app, and also will offer up food delivery in Chicago, Houston, San Francisco, and Toronto, in addition to LA. Uber--which has been experimenting with the food delivery service in LA since the beginning of the year, said the new dedicated app comes as it has figure (More info...)
posted on Tuesday, March 15, 2016(Full story)
WSJ Keeps Up Pressure On Honest Co.The Wall Street Journal is keeping the pressure on Los Angeles-based Honest Co., saying this morning that the company that makes Honest Co's laundry detergent, Earth Friendly Products, removed all of the claims that its laundry detergent was free of sodium laurel sulfate (SLS) last spring. The WSJ cited experts in the industry who said that the compound which Honest Co. says it uses instead of SLS, sodium coco sulfate (SCS), actually contains "a large amount of SLS", despite being made from coco (More info...)
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EcoATM's Parent, Outerwall, Seeks BuyerOuterwall, the parent company of San Diego-based cellphone recycling kiosk operator EcoATM, said late Monday that it has hired an investment banker, and is now looking at "strategic alternatives". Outerwall, which also owns Redbox and Coinstar, said that it has hired Morgan Stanley and Perkins Coie to help it to "explore strategic and financial alternatives" -- including a sale of the company -- as a crisis at the company has deepened. Outerwall was already under fire by investor groups, which h (More info...)
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Why District2 Is Creating An Online Marketplace For The Fashion Industry
How do you take an industry, the fashion industry, which is set in its old fashioned ways—even to the point of still wiring money through things like Western Union—and take it into the electronic age?
We spoke with Cassie Betts, the founder of LA's District2 (www.district2.co), to learn District2 is looking to both create a marketplace, and a community, around independent fashion designers, helping them to find resources, vendors, factories, and contractors help them bring their designs (More info...)
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Advanced Scientific Concepts Sells Off Division To Continental AGSanta Barbara-based Advanced Scientific Concepts has sold off its ASCar Division, which develops LIDAR systems for the automotive industry, to Continental AG, the company said Monday. Financial terms of the sale were not announced. Advanced Scientific Concepts (ASC) said that Continental plans to mass product flash LIDARs for the commercial automotive industry. As part of the transaction, ASC said it has created a new company, Advanced Scientific Concepts LLC, which will continue to focus on pro (More info...)
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EDF Renewable Energy Sells 50 Percent Of Two Wind Projects To BlackRockSan Diego-based renewable energy developer EDF Renewable Energy said Tuesday that it has sold a 50 percent interest in two, New Mexico wind projects, to private equity investor Blackrock Infrastructure. The two projects are its 250 megawatt Roosevelt Wind Project and 49.65 MW Milo Wind Project, both of which are located in Roosevelt County, New Mexico. Financial deatils of the sale were not announced. EDF Renewable Energy has now worked out a total of five similar project deals with BlackRock ov (More info...)
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Newegg Expands In CanadaCity of Industry-based Newegg, the online electronics retailer, said today that it has opened up a new "Pick-up Centre" in Vancouver, which will allow its customers to pick up orders at its new Vancouver warehouse. Newegg said the new center allows its customers with same day pickup of products ordered on the site. Newegg opened up its warehouse in Richmond, British Columbia, six months ago.
posted on Tuesday, March 15, 2016(Full story)
Numecent Aims New Product At Enterprise, Inks Distributor In JapanIrvine-based cloud software developer Numecent said today that it has launched a new product aimed at the enterprise, and inked a distribution partnership in Japan. The new enterprise offering, Cloudpaging for Enterprise, is aimed at helping enterprise organizations with a way to deliver cloud applications to end user through a "self-service app store". The Japanese distribution deal is with Tokyo-based Ascentech K.K., which will distribute Numecent's products to the engineering and construction (More info...)
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Linksys Adds Clustering Wireless Access PointsPlaya Vista-based networking products developer Linksys has rolled out a new line of wireless access points, which can be clustered together and managed through a single interface. Linksys said the new feature--aimed at small businesses--is available across its entire line of Linksys business wireless-ac access points, through a firmware upgrade. Linksys said the new feature lets administrators manage up to 16 APs through a single interface, with changes automatically being pushed to all of the (More info...)
posted on Tuesday, March 15, 2016(Full story)