Friday, December 16, 2016

Bay Area Tech Wire - Dec. 16

BAY AREA TECH WIRE -- Dec. 16, 2016
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o Oracle Co-CEO Safra Catz Added to Donald Trump Transition Team
o San Jose Jury Awards $7.3M to Core Wireless in Apple Patent Suit
Report: 2016 Weakest IPO Year in U.S. Since Financial Crisis
o Online Sales for Green Monday Increase 15% from 2015 Levels
o Briefly Noted: Hornet - Blued

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--Job Listing: California-based Marketing Representative - Fairfax County EDA
--Job Listing: Vice President Product Management - Los Angeles
--Proven, Cost-effective IN-MARKET Support for Federal Contractors

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o Oracle Co-CEO Safra Catz Added to Donald Trump Transition Team

Redwood City, Calif. -- Safra Catz, the co-CEO of Redwood City-based technology giant Oracle, has joined the transition team of President-elect Donald Trump. Catz accepted a position on Trump's executive committee just hours after joining other technology leaders at a meeting with Trump Wednesday in New York. Billionaire tech investor Peter Thiel, one of the few Silicon Valley technology luminaries to support Trump, helped facilitate that meeting, and also holds a spot on the executive committee. Catz, who has served as Oracle's co-CEO since 2014, first met with Trump in November 

o San Jose Jury Awards $7.3M to Core Wireless in Apple Patent Suit

San Jose, Calif. -- Core Wireless, a unit of Canadian intellectual property firm Conversant Intellectual Property Management, said a jury in San Jose has awarded the company $7.3 million in its parent suit against Cupertino-based Apple. The jury in the U.S. District Court for the Northern District of California found that Apple infringed on two of the company's smartphone patents for innovations that improve battery life and signal quality in mobile phones. Core had alleged that Apple's recent iPhones and cellular-enabled iPads infringed both patents. The company said it also will seek interest on the award dating from 2011. 

o Report: 2016 Weakest IPO Year in U.S. Since Financial Crisis

London -- This year was the weakest for IPO activity in the U.S. since the global financial crisis in 2009, according to a new report by EY. Deal volume fell 36% to 1120 IPOs, while capital raised fell 37% to $21.3 billion. Still, companies that have gone public in 2016 have performed well, currently trading on average 17.6% above their debut prices. "There are a number of indicators that point to optimism in 2017," said Jackie Kelley, EY Americas IPO leader. "Private equity continues to provide a robust pipeline of strong deals. The backlog of tech companies is starting to make a debut. Unicorns are beginning to find a successful place in the public markets. This momentum, when matched with the stable, post-election markets, should lead to strong performance for IPOs in 2017." nThe full report is available at the link below. 

Online Sales for Green Monday Increase 15% from 2015 Levels

Reston, Va. -- Americans spent $1.62 billion online through their desktops on Green Monday (Dec. 12), according to new figures from comScore. Sales for the day -- created by online retailers -- rose 15% from a year ago, representing the fifth heaviest online spending day of the holiday season-to-date after Cyber Monday; Tuesday, Nov. 29; Black Friday and Friday, Dec. 9. All told, consumers have spent $49.3 billion online for the holiday season to date, up 12% from 2015 levels. "We have continued to see strong online spending since Thanksgiving, with Green Monday marking the 19th consecutive billion-dollar day on desktop, bringing the total number of days achieving this milestone up to 27 for the season," said comScore CEO Gian Fulgoni. "This far surpasses last year's record of nine consecutive billion-dollar days, and it's likely we will see this trend continue through at least the end of this week before the season officially begins winding down." 


o Briefly Noted:

(San Francisco) San Francisco-based Hornet, developer of a gay social network, said on Friday it has entered a global cooperation agreement with Blued, the largest gay social network in China. As part of the deal, Blued will invest an unspecified amount in Hornet, which last month announced $8 million in its first round of funding, led by Ventech China. 

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> California-based Marketing Representative - Fairfax County EDA

The Fairfax County (Virginia) Economic Development Authority seeks a Los Angeles/Orange County-based marketing and business development representative. Responsibilities include promoting Fairfax County as a technology center to California companies considering expansion to the east coast. Fairfax County, home to approximately 9,000 technology companies is located just outside of Washington DC. For further details, visit the FCEDA web site at or contact Flor Morrobel at Responses are due on December 30, 2016 by 2:00 p.m. ET. Proposals submitted via email and/or fax will not be considered. Qualified applicants will be interviewed in California the week of February 6, 2017.


> Vice President Product Management

We are looking for a strong Vice President of Product Management who will play a major growth role for a nearly 1 BN dollar, high growth, publicly traded, online marketplace and information services company, one of the leading technology companies in the United States. This is our oldest commercial client, 11+ years, and we can provide exceptional insights into the company's culture, its people, and the opportunity. In addition to the tactical Product skill sets and experiences required below, this executive must offer significant experiences interacting with C-level leaders. He or she will play an instrumental role in defining and shaping the Product function across the company, working closely with both the Division President and the Corporate CEO, and interacting daily with multiple peers in different functional areas. The company continues to grow rapidly, both organically and through acquisition. This leader will have a history of scaling a world-class product capability and team. The role is headquartered in our client's beautiful Los Angeles office. Full relocation is offered. Benefits are comprehensive. Compensation ranges from 280k - 375k, plus upfront equity and annual equity grants. Candidates must have a history of job stability, have a strong educational background, and be a pleasure to work with. The pace is fast, the opportunity to make an impact is significant, the people are bright and motivated, politics are kept to a minimum; it's very much a meritocracy. For more information or to apply, contact


> Proven, Cost-effective IN-MARKET Support for Federal Contractors of all Sizes and Disciplines

KPYoung & Associates, Inc. provides proven, cost-effective support for Federal Contractors of all sizes and disciplines. Services include Growth Strategy; Marketing and Communications; Business Development; Capture Strategy / Proposal Response; and Business Management. Kevin Young is a long-time, Washington, DC-based resource as a Professional (IBM Federal, Unisys, SAIC); Management Consultant (Capgemini, CSC, Deloitte, Deltek, ITT, Leidos); Adjunct Professor (George Mason University's School of Business); and Thought Leader (Government Market Master™ Executive Education Program). Honors over 30-plus years include IBM Outstanding Achievement in Marketing Award, IBM Award of Excellence, and (as IBM site team) the Malcolm Baldrige National Quality Award. Federal clients and Contractor clients are available upon request; full credentials and references may be found via For an introductory call, please contact Kevin at 703-794-1100 or

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