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Report: XCOR's Customers Still Holding Out For Refunds

socalTECH

The Times report says that there are 282 ticket holders hoping for something back from the failed firm. XCOR first received seed funding in 2005. XCOR filed for bankruptcy in 2017 , after failing to both gain additional investors to fund its development, and also failing to ever launch a single vehicle into space. READ MORE>>.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

A new report released today tallies up $7.7 The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Compared with 2010, the report found an increase of 296 percent over exits in 2010, when $2.6 billion in liquidity was generated in the sector.

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uSamp Reports Growth

socalTECH

Encino-based uSamp , the online sampling and survey firm run by Gregg Lavin and Matt Dusig, reported over the weekend that it had revenue growth over over 167 percent. Lavin and Dusig's last firm, goZing, was successfully sold to Greenfield Online in 2005.

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Gottlieb Reportedly On Tap to Lead FDA, and Biopharma Exhales

Xconomy

According to several news reports, the Trump administration will nominate Scott Gottlieb to be the new commissioner of the FDA, a selection that had the life sciences industry breathing a sigh of relief Friday afternoon. Bush’s administration. Gottlieb is also a resident fellow at the American Enterprise Institute, a conservative think tank.

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Beats' Founders Dr. Dre, Jimmy Iovine In Court Over Headphone Design

socalTECH

Dre and Jimmy Iovine, the founders of Beats Electronics , the onetime Santa Monica headphone-and-music-service, are in the midst of a lqsuit--and likely, a jury decision--over a lawsuit which claims Dr. Dre and Iovine owes royalties to a businessman work worked with the company back in 2005 and 2006.

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Kurion Signs New Licensing Deal In Japan

socalTECH

Irvine-based nuclear and hazardous waste remediation technology developer Kurion reported another win in Japan on Wednesday afternoon, saying that it has licensed its GeoMelt virtification technology with ISV Japan, Limited and Daiei Kankyo. READ MORE>>.

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Belkin, D-Link, Linksys On Compromised CIA Router List

socalTECH

Routers from Playa Del Rey-based Belkin and subsidiary Linksys , as well as Fountain Valley-based D-Link , have appeared on a new list of Internet routers which have been compromised by the Central Intelligence Agency (CIA), according to reports on Thursday.

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