socalTECH
OCTOBER 30, 2012
Burbank-based The Walt Disney Company has acquired Lucasfilm Ltd. , the film company owned by George Lucas, in a deal worth $4.05 billion, Disney said Tuesday afternoon. Disney said it would pay stock and cash for Lucasfilm, with approximately half in cash and 40M in shares. Lucasfilm owns the rights to Star Wars. According to George Lucas, the move came as it was time to "pass Star Wars on to a new generation of filmmakers.
SoCal Tech Calendar
OCTOBER 30, 2012
Monday, November 5, 2012 -- Gary Swart, CEO of oDesk. SCV Meetup. Drawing from what's worked (and what hasn't) for oDesk during the company's rise to becoming the largest global online workplace, Swart will discuss: -What to look for in the best hires to ensure your company's success -How to build the most effective teams -What a good leader owes his organization Among Swart's many tips, he'll cover how most businesses look for the wrong things when hiring, and why companies need to hire differe
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socalTECH
OCTOBER 30, 2012
Seal Beach-based concentrating photovoltaic (CPV) solar power systems manufacturer Amonix claimed Tuesday that the firm has broken a record in the efficiency of converting sunlight into energy. Amonix said testing by the National Renewable Energy Laboratory (NREL) found that the firm's systems had an outdoor operating efficiency rating of 33.5%. That beats an earlier record by Amonix of 30.3 percent, the firm said.
Startup Professionals Musings
OCTOBER 30, 2012
Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Even one of the richest, Bill Gates , still values his friend Warren Buffett as his mentor. Yet these relationships require special efforts on both sides to be productive and satisfying. Mentoring is not as simple as one person giving the other all the right answers.
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socalTECH
OCTOBER 30, 2012
Santa Monica-based content delivery network operator EdgeCast Networks said today that it has expanded its global network, opening up new point of presence (PoP) locations in Vienna, Austria, Stockholm, Sweden, and Sao Paulo, Brazil. The firm said the expansion comes to meet "surging" customer demand for its services. The firm said its network is now carrying 4 percent of worldwide Internet traffic.
Tech Zulu Event
OCTOBER 30, 2012
Co-founders Myke Armstrong and Jacob Fatoorechi have today launched Tapshare, an app to allow one share their photos instantly and earn equity as well. According to the founders, people around the world will knock on strangers’ doors filling pillowcases with candy this Halloween. But the founders want to do something amazing in the same spirit of giving on this spooky holiday, on their launch today October 30, the Los Angeles based photo sharing app Tapshare will give out equity.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Steve Reich
OCTOBER 30, 2012
Every startup has an elevator pitch, but what comes next? Do potential investors’ eyes glaze over when you get beyond the quick, punchy one liner and try to REALLY describe your company? Successful fundraisers tell a complete, engaging story and close the deal. Last week, the WSJ ran a great article (add link) on the value of college humanities courses, and used comments from a successful entrepreneur to make their case.
socalTECH
OCTOBER 30, 2012
Los Angeles-based 3D movie projection technology provider RealD said Monday that it has signed a deal with Chinese theater group Womei Theater Chain. RealD said it will install its technology on 100 screens across China. Financial impact of the deal was not announced. RealD said it has already started installing screens for Womei, and that installs are expected to continue over two years.
socalTECH
OCTOBER 30, 2012
Amazon Studios , the content production arm of Amazon.com, said Monday that it has optioned another comedy series. Amazon said that it has optioned "Those Who Can't", a comedy show written by Andrew Orvedahl, Adam Cayton-Holland, and Benjamin Roy, the writers behind the web series The Grawlix. Amazon has been in the process of optioning different content projects, which it intends to turn into original content for its streaming video service.
socalTECH
OCTOBER 30, 2012
Los Angeles-based digital media publisher BUZZMEDIA looks to be revving up its hiring on the editorial end of its business, saying Tuesday that it has hired nine staffers across its sites Celebuzz, and SPIN. The firm said the expansion of its staff will further expand the brands. The hires for Celebuzz include Lance Debler (Debuty Editor, formerly at Star Magazine/NY Daily News); Todd Gilchrist (Senior Editor of Film, formerly of The Hollywood Reporter); Jethro Nededog (Senior Editor of Televisi
socalTECH
OCTOBER 30, 2012
Burbank-based Beachfront Media , the firm which operates the MeFeedia video discovery site, has upgraded its tools and platform to support Windows 8. The firm said it now supports Windows 8 App creation, deployment, and management via its Beachfront Builder tool. Beachfront Builder is a tool which lets video producers, TV networks, and others create their own custom video applications; the tool is based on Beachfront Builder's work in creating the MeFeedia.
socalTECH
OCTOBER 30, 2012
A new, Altadena-based startup, Rexter , has scored some funding to help it build its software algorithms and tools to help manage a user's professional relationships. The company--co-founded by Andy Wilson (Momentum Venture Partners, Yahoo) and John Slade (Yahoo)--apparently recently raised a round which included Siemer Ventures. Other investors in the company have not been announced.
socalTECH
OCTOBER 30, 2012
San Diego-based online storage provider Nirvanix said Monday that it would shift customer data from its New Jersey data center for free, due to Hurricane Sandy. Nirvanix said customers currently storing data at that data center can shift that data to its other locations, on a temporary or full time basis, free of charge. The company said its data center operations there were normal, and that its data center there is fully redundant and backed by diesel-generators, but it would also like to provi
socalTECH
OCTOBER 30, 2012
San Diego-based Reflexion Health , a new startup using Microsoft's Kinect for physical therapy products, has raised $4.25M in a funding round, the company said this morning. Reflexion Health said the funding came from West Health Investment Fund, and that it has licensed West Health Institute's Kinect-based physical therapy software. Reflexion Health has also moved into West Health's business incubator.
socalTECH
OCTOBER 30, 2012
San Diego-based Miro Technologies , a developer of software to manage maintenance, supply chain, and repair for the defense and aerospace industry, has been acquired by Boeing. Financial terms of the buy were not disclosed. Miro becomes part of Boeing's Defense, Space & Security arm. Miro was owned by Newport Beach private equity firm Solis Capital Partners.
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