Monday, August 2, 2010HauteLook Expands Into Men's FashionLos Angeles-based HauteLook, the online private fashion sales site, said Monday that it has launched a new, men's fashion site. According to the firm, the new site, Men.HauteLook.com, offers fashions from brands such as Tommy Hilfiger, Puma, Penguin, Diesel, Splendid, Joseph Abboud, Donald Pliner and Ben Sherman and others. The new site comes on the heels of a big, $31M funding for the firm in June, which the company said would go towards expansion of its products. HauteLook offers limited time, (More info...)
posted on Monday, August 2, 2010(Full story)
MyShape Names New CEO, Shuffles ExecutivesLos Angeles-based MyShape, which develops a personalized shopping site for women's apparel, said today that it has named Mercedes De Luca as CEO of the firm. The company also said that it has added De Luca to the board. De Luca was most recently the company's Chief Technology Officer, and had previously served as Vice President and Chief Information Executive at Yahoo! Inc. She also has been at Interwoven. In addition to De Luca, the company said it has appointed Rocky Hansler as Senior Vice Pre (More info...)
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Insights and Opinions: A New American (Market) Low?For today's Insights and Opinions section for the site, we're featuring a post by Lee Weinberg, a local Los Angeles attorney and investor and prior commentator on our site, with a (maybe, or maybe not) humorous piece about the Cast of ' Jersey Shore' ringing the bell at the NYSE:
So, the cast of "Jersey Shore" rang the opening bell at the NYSE.
OUCH! First of all, whose idea was that? I mean, I’m from Jersey, and this is embarrassing.
But beyond that, like the August 1979 “Death (More info...)
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CitySourced Adds BlackBerry, Android SupportLos Angeles-based CitySourced, which develops mobile applications for reporting citizens report potholes, graffiti, and other issues to cities, said today that it has now launched both BlackBerry and Android versions of its application. The software--which initially was only available on the iPhone--allows users to take pictures of and report civic issues to cities. CitySourced was founded by Jason Kiesel.
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Enterprise Partners Portfolio Firm Heads Towards IPOOne of the portfolio firms of San Diego venture capital firm Enterprise Partners is heading towards an IPO, according to a S-1 filing Friday. According to Silicon Valley firm Complete Genomics, a provider of human genome sequencing services, it has filed for an $86.25M IPO on the Nasdaq as GNOM. The IPO is being underwritten by UBS Investment Bank, Jefferies & Company, Baird, and Cowen and Company. The firm's other venture backers are Essex Woodlands Health Ventures, OrbiMed Advisors, OVP Ventur (More info...)
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Report: Newsweek To Go To Southern California Business MogulReports this morning say that news magazine Newsweek apparently is being sold to Dr. Sidney Harman, the founder of Southern California's Harman International, which now owns the Harmon/Kardon, Infinity, JBL, and other audio equipment brands. Harmon--who is married to congresswoman Jane Harman--apparently is paying $1.00 for Newsweek, in exchange for assuming the magazine's substantial financial liabilities. Harman is also a professor at the University of Southern California, and is 92 years old. (More info...)
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Trius Therapeutics Chops IPO Offering PriceSan Diego-based Trius Therapautics has slashed its IPO offering price, saying today in a filing with the SEC that it will offer 10,000,000 shares of its common stock at $5.00 per share. The firm, which will list on the Nasdaq Global Market as TSRX, had initially said it would sell 6,000,000 shares of its stock at between $12.00 and $14.00 per share. Trius is a developer of antibiotics, and is venture backed by Sofinnova Venture Partners, InterWest Partners, Versant Ventures, Prism Venture Partne (More info...)
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Bccthis Becomes SubtextualLos Angeles-based Bccthis, the email software startup developing an application which helps users provide additional information to email recipients through Microsoft Outlook, is announcing today that it has renamed its Subtextual. The firm, which was founded by Dave Waldman and Michael Steuer, said the name change will "better reflect the value of what the company does" for email. Waldman also said, specifically, that the name change will avoid giving people the wrong impression about the produ (More info...)
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NextWave To Sell PacketVideo To DOCOMOSan Diego-based NextWave Wireless announced late Sunday evening that it is in an agreement with NTT DOCOMO, to sell the remaining 65 percent equity interest in subsidiary PacketVideo. The deal is worth $111.6M. NextWave and DOCOMO have been partners in PacketVideo since July of last year, when DOCOMO acquired about 35 percent of PacketVideo. PacketVideo develops mobile phone software used for providing multimedia services from mobile operators. NextWave said that CEO, COO, and President James C. (More info...)
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Mindspeed Rolls Out VoIP ProcessorsNewport Beach-based Mindspeed Technologies, a developer of semiconductor products, announced today that it has rolled out a version of its Comcerto processors specifically geared towards voice-over-IP processing. According to the firm, the Comcerto 300xv family of voice-over-IP processing products includes both hardware and software for signaling and control processing for next-generation network, IP multimedia, and IP-PBX equipment. The firm also said it has scored a design win using the proces (More info...)
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Conatus Pharmaceuticals Buys Idun PharmaceuticalsSan Diego-based Conatus Pharmaceuticals said Friday that it has acquired the Idun Pharmaceuticals subsidiary of Pfizer. Financial terms of the buy were not disclosed. According to Conatus Pharmaceuticals, it is focused on developing drugs for the liver disease and oncology market, and is led by the former management of Idun Pharmaceuticals. Idun has been acquired by Pfizer in 2005. The firm said it plans to continue working on developing treatments for liver disease and oncology. Conatus' lead c (More info...)
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DivX Adds Chinese Digital TV ManufacturerSan Diego-based DivX, a developer of video encoding and decoding technology, announced today that it has added Skyworth Group, another Chinese manufacturer of televisions, as a partner. According to DivX, Skyworth will integrate the firm's technology into its line of 2010 digital TVs. Financial impact of the license deal was not disclosed. DivX said that Skyworth is one of the largest TV manufacturers in China.
posted on Monday, August 2, 2010(Full story)