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SpaceX Plans to Send Tourists Around the Moon

L.A. Business Journal

Space Exploration Technologies Corp. announced plans this afternoon to send two tourists around the Moon by the end of 2018

Superscreen Rethinks How You Engage with Your Smartphone

Tech.Co

Smartphones are the primary tool  used to engage with the digital world. Power Without Redundancy. This is where focused innovation is key.

Silicon Beach Report Feb. 22: Global Eagle Stock Plunges After CEO and CFO Resign

L.A. Business Journal

Global Eagle stock plunges after CEO and CFO resign, AwesomenessTV CEO Brian Robbins resigns, microfinance startup Tala raises $30 million, and more

Bio Roundup: Trump Backlash, Verdine Plans, Sarepta Sale & More

Xconomy

A short week makes for a shorter roundup. As we’ve come to expect, however, there was no dearth of health and life-sciences news from Washington, D.C. Top pharma executives were among 16 CEOs who lobbied Congress for tax reform. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Double M Partners Raising New Fund

socalTECH

Los Angeles-based venture capital fund Double M Partners , which is run by Mark Mullen, is raising a new, $40M venture capital fund, according to a regulatory filing by the firm on Monday. The filing indicates that so far, $18.3M has been raised in the fund, from 49 different investors. READ MORE>>.

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Major Amazon S3 Outage Hits Internet

socalTECH

An outage at Amazon Web Services is causing major downtime across the cloud this morning, as sites which rely on the cloud storage service have been unable to reliably connect all morning. Such sites as the U.S. S3 is used by many websites for storing data, images, and video. READ MORE>>. amazon outage cloud services internet

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DevOpsDay LA

SoCal Tech Calendar

Friday, March 3, 2017 -- DevOpsDay LA. LA's very own 1 day DevOps conference. See https://www.devopsdays.org/events/2017-los-angeles/welcome/.

Los Angeles to Donate Rent-Free Space to Manufacturing Institute.

L.A. Business Journal

The city of Los Angeles is planning to donate rent-free space to the recently launched Clean Energy Smart Manufacturing Innovation Institute

Will you be happy at your finish line?

Berkonomics

Have you figured out what you want to have, or to be, when you reach the end of your personal run in this business life? It is a fair question.

Blood Pressure Drug Trial Results Lift La Jolla Pharma Shares

Xconomy

La Jolla developed its drug to treat patients who don’t respond to blood pressure regulating drugs currently administered in the standard of care.

YouTube Launches Subscription TV Service, YouTube TV

socalTECH

YouTube announced a new live TV streaming effort called YouTube TV this morning, at a big event at YouTube Space LA in Playa Vista, which was streamed to YouTube's offices in San Francisco and New York. According to YouTube, the new service will cost $35.00 a month, and initially will only launch in a small number of markets. READ MORE>>.

UCI ANTprenreneur Center: Ky Madden w/ Bzzz Bean

SoCal Tech Calendar

Thursday, March 2, 2017 -- Ky Madden w/ Bzzz Bean. UCI ANTprenreneur Center. Ky Madden is a UCI Alumni, and founder of Bzzz Bean. Bzzz Bean provides your BZZZ with chocolate covered coffee beans and carefully selected coffee. Come hear more about his entrepreneurial journey. See https://www.eventbrite.com/o/uci-antrepreneur-center-8184153841.

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Global Eagle Stock Plunges After CEO and CFO Resign.

L.A. Business Journal

Global Eagle Entertainment Inc.’s stock fell 23.9 percent to $4.48 a share on Tuesday, after the company’s chief executive officer, Dave Davis, and its chief financial officer, Tom Severson resigned abruptly the day before

Silicon Beach Report Feb. 24: Aerojet Rocketdyne Buys Missile Maker

L.A. Business Journal

Aerojet Rocketdyne buys missile maker, Snap founders tighten grip on voting power in response to one investor, and how Nasty Gal fell from $85 million in sales to bankruptcy

Silicon Beach Report Feb. 28: Double M Partners Raising $40M Fund

L.A. Business Journal

Double M Partners raising $40 million fund, Google launches YouTubeTV streaming bundle, and H3h3pProductions piles up legal bills

Silicon Beach Report Feb. 27: SpaceX Plans to Send Tourists Around the Moon

L.A. Business Journal

SpaceX plans to send tourists around the Moon, HomeHero shuts down after shift to employee model, and RealD acquires MasterImage’s assets

Silicon Beach Report Feb. 23: DeviantArt Sold for $36M

L.A. Business Journal

DeviantArt sold for $36 million, AirMap raises $26 million in round led by Microsoft Ventures, and Disney laysoff 80 Maker Studio employees

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Amazon, Uber, and Bill Gates’s Robot Tax: An Automation Snapshot

Xconomy

As we gear up for Robo Madness 2017: A.I. Gets Real , our annual robotics and artificial intelligence conference at Google’s offices in Kendall Square, let’s connect a few dots around the topic of automation. drone carrying a package took off from the roof of a UPS truck, dropped the package at.

Tealium Gets Investment From Citi Ventures

socalTECH

San Diego-based software developer Tealium announced on Monday that it has scored a strategic investment from Citi Ventures, as part of Series E investment round. Size of the investment from Citi Ventures was not announced. Tealium is led by Jeff Lunsford. READ MORE>>. citigroup citi software enterprise management capital venture tealium

Kingston Digital Starts Shipping 2TB Flash Drives

socalTECH

Fountain Valley-based flash memory developer Kingston Digital , the flash memory arm of Kingston Technology Company, said it has begun shipping its gigantic, 2TB and 1TB flash drives. The company's DataTraveler Ultimate GT provides up to 2TB of storage and USB 3.1 Gen 1 performance. READ MORE>>. kingston digital flash drive high capacity hardware

Snap To Price On Wednesday, List On Thursday In IPO

socalTECH

Venice, California-based Snap --in what will be Southern California's biggest technology IPO, ever--is expected to price its IPO on Wednesday night, and start trading on Thursday morning. The company has set an estimated IPO offering range of between $14.00 and $16.00 per share, and is hoping to sell 200 million shares in its IPO. READ MORE>>.

Rubicon Project Snags OpenX Exec As Product Management VP

socalTECH

Los Angeles-based Rubicon Project announced on Monday that it has named former OpenX executive Khoi Nguyen as its new Vice President, Product Management For Video. Nguyen was most recently GM/Sr. Director of Product Management for Video, OTT, and Mobile at OpenX. READ MORE>>.

SpaceX Plans To Send Two People Around The Moon

socalTECH

Hawthorne-based SpaceX said on Monday afternoon, that it plans to send two passengers around the Moon, next year. According to SpaceX, two private citizens had approached--and paid a "significant deposit" for the trip. READ MORE>>. spacex dragon moon mission private space tourism spaceflight aerospace nasa orbit

Batu Biologics Names Investor To Board

socalTECH

San Diego-based Batu Biologics , a developer of immune therapy drugs aimed at treating cancer, has added investor John Peck Jr. to its Board of Directors. The company said Peck has been involved with the company as an early-stage seed round investor. The company said Peck is an investor in seven biotech companies. READ MORE>>.

Abbott Medical Optics Acquired By Johnson & Johnson For $4.325B

socalTECH

Abbott Medical Optics , which was based in Santa Ana, California, has been acquired by Johnson & Johnson , in a deal worth $4.325 billion in cash, the two said this morning. The deal had originally been announced in September. The company will be renamed Johnson & Johnson Vision (J&J Vision). READ MORE>>.

CureDuchenne Ventures Backs Exonics Therapeutics

socalTECH

Newport Beach-based investment fund CureDuchenne Ventures , which is a subsidiary of nonprofit CureDuchenne , announced this morning that it has invested $5M in a seed funding round for Exonics Therapeutics , a biotech startup which is focused on gene editing technology for treating Duchenne muscular dystrophy. READ MORE>>.

RealD Acquires MasterImage 3D

socalTECH

Beverly Hills-based 3D movie projection systems developer RealD said last week that it has acquired the assets of MasterImage 3D , including all of its intellectual property, technology, inventory, and accounts receivable. Financial details of the acquisition were not announced. RealD won a big patent lawsuit against MasterImage 3D in July of 2016.

Alteryx Files For IPO

socalTECH

Irvine-based data analytics software developer Alteryx has filed for an IPO, saying in a filing late Friday that it is looking to raise up to $75.0M in an offering on the New York Stock Exchange. The company has applied to list under the symbol AYX. The IPO is being underwritten by Goldman, Sachs & Co., Dean Stoecker is CEO of Alteryx.

HomeHero Calls It Quits, Shuts Service

socalTECH

Santa Monica-based HomeHero , which had been working on creating and online marketplace for in-home, senior care services, has called it quits , according to co-founder Kyle Hill. HomeHero had shifted to W-2 employees in the midst of widespread industry struggles over how to properly classify contractors versus employees. READ MORE>>.

Scrambl3 Aims At Encrypted Messaging

socalTECH

Irvine-based USMobile , a developer of mobile communications applications, is taking aim at the encrypted messaging market with a new software product, Scrambl3 , which it says does a better job of protecting consumer, business, and government users from prying eyes. The company's CEO is Jon K. READ MORE>>.

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Cordial Connects With $6M From Upfront

socalTECH

San Diego-based Cordial , a developer of marketing software which automatically tracks the actions of consumers, which triggers personalized messaging to those consumers, has raised 6M in a Series A funding round. The funding came from Upfront Ventures. The investment was led by Upfront's Kobie Fuller. READ MORE>>.

SCALE - Southern California Linux Expo

SoCal Tech Calendar

Thursday, March 2, 2017 -- SCALE. Now celebrating its 15th year, the Southern California Linux Expo SCALE 15X is the largest Linux and Open Source Software show in North America. See [link] (more

LA CEOs

SoCal Tech Calendar

Thursday, March 2, 2017 -- LA CEOs. LA CEOs presents: Belkin CEO, Chet Pipkin - Internet of Things (IoT)Chet Pipkin is the Founder, Chairman and CEO of Belkin International based in Playa Vista, in the heart of Los Angeles. Fast Company recently named Belkin one of the World’s Most Innovative Companies in the Internet of Things (IoT).

The Art of QandA w/ Liz Goodgold

SoCal Tech Calendar

Wednesday, March 1, 2017 -- The Art of QandA w/ Liz Goodgold. UCI ANTprenreneur Center. LIz is a brand builder, “motivational speecher” and trainer, word girl and business coach. She will be discussing the art of QandA: How to Master Answering Questions Without Offending a Soul. See https://www.eventbrite.com/o/uci-antrepreneur-center-8184153841.

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