*socaltech.com <http://socaltech.com> TechNews - Monday, August 8, 2022* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * Tech vs. Media Podcast (https://link.chtbl.com/aKC6DpJG) Pacific Western Bank, Venture Banking Group (http://www.pacwest.com/lending-solutions/venture-lending) Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Google Renews Patent Melee with Sonos <#0082778> - GoodRx Offers Free Telehealth To Kentucky Flood Victims <#0082775> - Mobile Global Esports Raises $6.9M In Small IPO <#0082776> - Netflix Ordered To Pay $42M To Writers <#0082777> - Energy Vault Reports Earnings, Forecasts Big Revenues <#0082780> - Energy Vault Reports Earnings, Forecasts Big Revenues <#0082779> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Monday, August 8, 2022* *Accelerating Growth For Early Stage Innovation. <http://www.preccelerator.com>* The Preccelerator® Program is an accelerator for early-stage startups offered to select companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides initial capital, sophisticated legal services, interim office space, mentorship, a targeted curriculum, investment strategy counseling and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. www.preccelerator.com *Google Renews Patent Melee with Sonos* <https://www.socaltech.com/fullstory/0082778.html> Santa Barbara-based whole-home audio system maker Sonos, and Internet giant Google are heading back into a patent battle, after Google filed two new lawsuits againt Sonos this morning. According to Bloomberg Law, Alphabet Inc's Google LLC filed two lawsuits this morning alleging that Sonos audio players infringe on multiple patents owned by Google. (More... <https://www.socaltech.com/fullstory/0082778.html>) *GoodRx Offers Free Telehealth To Kentucky Flood Victims* <https://www.socaltech.com/fullstory/0082775.html> Santa Monica-baed GoodRx, which provides online digital healthcare services, says it is offering up free online healthcare provider visits to Kentucky residents who have been impacted by local flooding. According to GoodRx, Kentucky residents impacted by the flooding can visit the company's website and use the code KY-CARE-100 to be seen by a licensed medical provider. (More... <https://www.socaltech.com/fullstory/0082775.html>) *Mobile Global Esports Raises $6.9M In Small IPO* <https://www.socaltech.com/fullstory/0082776.html> San Clemente-based mobile esports developer Mobile Global Esports has raised $6.9M in a small IPO, the company said last week. Acording to the company, it offered up 1,500,000 shares of its common shares at a public offering pice of $4.00 per share. The IPO was run by WestPark Capital. The company says it is focused on India and other South Asian markets; the company says it holds trademark and IP rights for collegiate esports tournaments and players in India. (More... <https://www.socaltech.com/fullstory/0082776.html>) *Netflix Ordered To Pay $42M To Writers* <https://www.socaltech.com/fullstory/0082777.html> Online streaming service Netflix has been ordered to pay $42M to writers, according to Deadline. Netflix had been taken to arbitration by the WGA (Writers Guild of America) for underpayment of writer's residuals for the theatrical motion picture Bird Box. Netflix has operations in Los Angeles, and many of the writers involved in Netflix productions are based in Hollywood. (More... <https://www.socaltech.com/fullstory/0082777.html>) *Energy Vault Reports Earnings, Forecasts Big Revenues* <https://www.socaltech.com/fullstory/0082780.html> Westlake Vilage-based energy storage systems developer Energy Vault reported its second quarter results this morning, saying it had $1.0M in second quarter revenues--but says it is still expecting $680M in two year, aggregate revenues for 2022 and 2023. According to the company, it had revenues in the first half of 2022 totaling $43.9M. Energy Vault is in the midst of developing gravity-based energy storage systems, which use large concrete blocks to store potential energy. (More... <https://www.socaltech.com/fullstory/0082780.html>) *Energy Vault Reports Earnings, Forecasts Big Revenues* <https://www.socaltech.com/fullstory/0082779.html> Westlake Vilage-based energy storage systems developer Energy Vault reported its second quarter results this morning, saying it had $1.0M in second quarter revenues--but says it is still expecting $680M in two year, aggregate revenues for 2022 and 2023. According to the company, it had revenues in the first half of 2022 totaling $43.9M. Energy Vault is in the midst of developing gravity-based energy storage systems, which use large concrete blocks to store potential energy. (More... <https://www.socaltech.com/fullstory/0082779.html>) *From Idea to IPO - KPMG’s Emerging Growth Practice < [email protected]>* KPMG provides Bookkeeping, Audit, Tax, and Advisory services to assist you at any stage of your life cycle. Whether you are starting your business, strengthening your business, expanding into new markets, or pursuing an exit, we have a global network of experienced resources that can take you to the next level. For more information, please contact Ryan Youhan at [email protected]. *IP Protection for Technology and Business - SoCal IP Law Group LLP <http://www.socalip.com>* Patents. Trademarks. Copyrights. Trade Secrets. IP Filings. IP Strategy. IP Litigation. IP Transactions. US and Worldwide. Offices in Westlake Village and Santa Barbara. [email protected] www.socalip.com *Pacific Western Bank, Venture Banking Group <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $40 billion in assets and 69 full-service branches primarily located in California, with one in Durham, NC and another in Denver, CO. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses and their capital and private equity investors. For more information, visit http://www.pacwest.com/lending-solutions/venture-lending, or reach out to Britt Nelson at [email protected]. *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ *Recent Funding <#funding>* 8/05/22 Everytable <https://www.socaltech.com/intelligence/?action=showdeal&id=103227> Los Angeles $55.00 M 8/04/22 Bounty App <https://www.socaltech.com/intelligence/?action=showdeal&id=103226> Los Angeles $5.00 M 7/19/22 FairPlay <https://www.socaltech.com/intelligence/?action=showdeal&id=103225> Los Angeles $10.00 M 6/30/22 Regard <https://www.socaltech.com/intelligence/?action=showdeal&id=103224> Los Angeles $15.30 M 6/16/22 Metropolis Technologies, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103223> Venice $167.00 M 6/14/22 Overair <https://www.socaltech.com/intelligence/?action=showdeal&id=103222> Santa Ana $145.00 M 5/11/22 PrismPop <https://www.socaltech.com/intelligence/?action=showdeal&id=103221> Pasadena $5.00 M 5/09/22 AskGene <https://www.socaltech.com/intelligence/?action=showdeal&id=103220> Camarillo $20.00 M 5/02/22 LinearB <https://www.socaltech.com/intelligence/?action=showdeal&id=103219> Santa Monica $50.00 M 4/15/22 Obsidian Security <https://www.socaltech.com/intelligence/?action=showdeal&id=103217> Newport Beach $90.00 M 4/14/22 Welcome Tech <https://www.socaltech.com/intelligence/?action=showdeal&id=103216> Los Angeles $30.00 M 4/12/22 Studio <https://www.socaltech.com/intelligence/?action=showdeal&id=103214> Los Angeles $50.00 M 3/23/22 Subject <https://www.socaltech.com/intelligence/?action=showdeal&id=103213> Los Angeles $29.40 M 3/23/22 Gamefam <https://www.socaltech.com/intelligence/?action=showdeal&id=103212> Los Angeles $25.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs ------------------------------ ------------------------------ *Sponsored By * Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). 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