socalTECH
AUGUST 24, 2016
Real estate management software developer Accruent , which was founded 20 years ago in Los Angeles by Mark Friedman, said today a that Friedman--its CEO for nearly 20 years--is shifting to become Chairman of the board. John Borgerding becomes CEO of the company. Friedman is stepping away from the CEO role four months after the company was acquired by Genstar Capital.
L.A. Business Journal
AUGUST 24, 2016
Digital Domain Partners with World Surf League for 360-degree content, Comedy Central grabs Snapchat star for TV show, and SpaceX to refurbishing rockets in Florida.
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socalTECH
AUGUST 24, 2016
Los Angeles-based studio Digital Domain says it is teaming up with the World Surf League (WSL), to bring immersive, 360 degree, virtual reality content to consumers, the company announced Wednesday morning. According to Digital Domain, it will offer up VR ocnetnt from Billabong Pro Tahiti, with a "virtual beachfront view" of the surf event. Those virtual reality videos will be available on the World Surf League Facebook page.
Xconomy
AUGUST 24, 2016
How often would you go to the doctor if you had to pay for a big chunk out of pocket—or how about if it was completely free? The amount of health care we consume depends on how good our health insurance is. Now, two economists, David Powell and Dana Goldman, have looked at what factors drive up costs and have some data that should affect decisions from policy makers and business leaders.
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
socalTECH
AUGUST 24, 2016
Westlake Village-based Interlink Electronics said on Wednesday that it has named a new CFO, appointing David S. Burnett to the position. Burnett was previously Vice President and Treasurer at EnPro Industries, and also has served at PricewaterhouseCoopers LLP and Grant Thornton LLP. Interlink Electronics is a developer of force sensing and other hardware.
Startup Professionals Musings
AUGUST 24, 2016
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. You need to find the skills or experience you don’t have in business, technology, or money. So the first question I usually get is what percent of the company or equity is that person worth? Giving a co-founder a salary won’t get you the “fire in the belly” you want.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
AUGUST 24, 2016
Hawthorne-based SpaceX is gearing up to refurbish its growing collection of rocket boosters, and plans to lease a building in Port Canaveral, Florida, for those efforts, according to a report. A local Florida publication says that SpaceX has had to lease more room, as it has been successfully landing Falcon 9 rocket boosters. The company as six of those boosters that have been successfully returned to earth so far in one piece.
socalTECH
AUGUST 24, 2016
San Luis Obispo-based REC Solar , the commercial solar and energy developer, said it has named Matt Walz as its CEO. Walz is a prior executive at Duke Energy, where he was for 12 years. Walz had already been on REC Solar's board of directors, as a result of Duke's investment in REC Solar. Duke Energy acquired a majority interest in REC Solar in 2015, and says it committed to invest up to $225M in projects financed through REC Solar.
socalTECH
AUGUST 24, 2016
Los Angeles-based artificial intelligence software developer Armorway says it has renamed itself Avata Intelligence , in a move to broaden its market beyond the physical security domain. According to Avata Intelligence, the company is now applying its software to the areas of public safety & infrastructure, defense, healthcare, global awareness and social impact.
socalTECH
AUGUST 24, 2016
Burbank-based Walt Disney Studios says it has linked its Disney Movies Anywhere service with Fios by Verizon , allowing Fios users to purchase and access Disney, Pixar, Marvel and Star Wars movies via the service. Financial details of the new distribution relationship were not announced. The two said Fios by Verizon customers can now connect to Disney's digital movie collections, and also can purchase those titles directly via Fios.
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