CONNECT Weekly Roundup – 2.18.16

Feb 18, 2016

Didn’t have time to read all of the business highlights in San Diego this week? You’re in luck! Your high level dose of some of the top headlines in San Diego business and innovation is here.

  • CONNECT MIP Winner Hush Featured on CNNMoney: These Earplugs Could Replace Your Noise Machine: When does adding technology become more of a nuisance than convenience? I was thinking about those questions when I started testing Hush’s smart earplugs. The first thing you notice is that they don’t look anything like traditional earplugs. Instead of silicone or foam, they’re made of sleek white plastic, reminiscent of Apple’s ear buds, with your choice of foam or rubber tips. They’re small enough to lie flat in your ears so you can sleep on your side. Read more
  • San Diego Economy Will Grow in 2016 Amid Global Uncertainty: The U.S. economy should grow faster this year than last, with California and San Diego continuing to add new jobs, a Point Loma Nazarene University economist predicted Friday. “We actually seem to be doing better than most countries in the world,” said Dr. Lynn Reaser. “We will see growth of 2.5 percent this year, which is more than last year.” Read more
  • KYOCERA Named a 2015 Top 100 Global Innovator by Thomson Reuters: CONNECT Member Kyocera Corporation announced earlier this week that it was recognized as one of the 2015 Top 100 Global Innovators by Thomson Reuters, a worldwide provider of intelligent information for business enterprises and professionals, for the second consecutive year. Kyocera was highly recognized for its patent success rate and global reach; a trophy was presented at the company’s headquarters in Kyoto, Japan. Read more
  • Record Year for Lytx: 2015 By the Numbers: Lytx®, Inc., CONNECT MIP Finalist and the global leader in video-based driver safety, turned in a year of stellar growth in 2015, thanks to key new client wins and existing clients expanding their DriveCam® deployments. Industry analysts Frost & Sullivan peg Lytx market share at 66 percent — four times that of the next nearest competitor, with share at 14 percent — continuing Lytx’s strong market leadership that began when it created the category in 1998. Read more
  • Qualcomm Ventures Contributes to $793.5 Million Funding Round for Magic Leap: Qualcomm Ventures recently participated in a wide-ranging, $793.5 million funding round for computer-imagery company Magic Leap. Qualcomm officials declined to say how much it contributed. Florida-based Magic Leap is developing augmented reality technology. With it, computer-generated images appear to a viewer as if they are part of the physical world. Read more

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