Thursday, April 25, 2019
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Report: Comcast Considering Sale Of Stake In Hulu
It appears that another one of the owners of Los Angeles-based streaming television provider Hulu may be looking to unload its current, minority stake in the company, according to a report from CNBC this morning. According to CNBC, Comcast is looking to sell its current 30 percent stake in Hulu to Disney. The report named "people familiar with the matter" in the report. Hulu just purchased a 9.5 percent stake in the company from AT&T, which had acquired its interest in Hulu when it bought Time W (More info...)

posted on Thursday, April 25, 2019(Full story)


Happy Returns Raises $11M, Gets Strategic Backing From PayPal
Santa Monica-based Happy Returns, the returns logistics company led by David Sobie, announced this morning that it has raised $11M in a financing round, which included a strategic investment from PayPal. Prior investors U.S. Venture Partners and Upfront Ventures also participated in the funding. Happy Returns has now raised $25M in total, and has now grown to a total of 55 employees. Happy Returns offers up handling of online returns for e-commerce retailers, offering both a network of return lo (More info...)

posted on Thursday, April 25, 2019 (More)(Full story)


Wavemaker Partners Leads Investment In Cognitive Health Startup
Los Angeles-based Wavemaker Partners is one of the lead investors in a round for a cognitive health startup, Savonix, in an extension of its Series A funding. Savonix said it raised $9.6M in a Series A extension round which was led by Fusion Fund and Wavemaker Partners, boosting its total Series A financing to $14.7M. The investment round also included DEFTA Partners, Rethink Impact, and DigiTx Partners. Savonix--which is based in San Franciso--develops a digital cognitive assessment platform ca (More info...)

posted on Thursday, April 25, 2019 (More)(Full story)


Semtech Wins Audio Networking Design
Camarillo-based semiconductor developer Semtech said this morning that it has a new design win, this time with its BlueRiver technology. According to Semtech, IDK Corporation, a developer of professional A and broadcast equipment, is linking its audio networking with Software Defined Video Over Ethernet (SDVoE) using its BlueRiver products. Shipment volumes and expected financial impact of the win were not announced. The company's semiconductors are being used as part of bridging audio signals a (More info...)

posted on Thursday, April 25, 2019(Full story)


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