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News

  • Los Angeles Times sold to local billionaire for $500 million

    LOS ANGELES (AP) — A biotech billionaire struck a $500 million deal Wednesday to buy the Los Angeles Times, ending the paper's quarrelsome relationship with its Chicago-based corporate overseers and bringing it under local ownership for the first time in 18 years. The agreement between Los…

  • The doctor's in, but jury is out on new LA Times owner

    LOS ANGELES (AP) — The struggling Los Angeles Times found a local savior in a biotech billionaire willing to buy the storied newspaper from a corporation half a continent away, but the change of ownership brings its own set of questions and uncertainty. Dr. Patrick Soon-Shiong agreed to pay $500…

  • Two Weeks Until San Antonio Tech: Seizing the Momentum—Win Tickets!

    In just a few weeks, Xconomy is hosting it's first public event in the Alamo City, San Antonio Tech: Seizing the Momentum. ... —The SA tech scene needs to broaden its vision beyond the comfort zones of information technology, cyber security, biotech and maybe robotics or AR/VR. How to do this?…

  • San Antonio biotech gaining global interest in new cell transport device

    As CytoBioscience was making final tweaks to its new cell transport device, there was hope that its commercialization would have a profound impact on science and on the San Antonio-based biotech company's future. And with the roll out of the finished product a few weeks away, prospective clients…

  • Exclusive: Texas Biomed CEO pursuing new infrastructure for SA campus

    One year after agreeing to leave Ohio to become president and CEO of the Texas Biomedical Research Institute, Dr. Larry Schlesinger is pursuing a new strategic vision for the organization and a comprehensive master plan for its San Antonio campus. That plan is expected to include new structures…