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Cloudera, Hortonworks Plan To Merge As $5.2B Cloud Data Platform

Xconomy

Cloudera and Hortonworks, two large, publicly traded companies that compete to offer Web-based data storage and analytics, announced plans today to merge into a combined entity they value at $5.2 The goal of the combined entity is to provide a leading data platform. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Interview with Bong Koh, LifeCrowd

socalTECH

Andy Wen was the CTO of Christianity.com, and the CTO of early online education firm VCampus, and he also ran the product and web security for eTrade, as well as started a company called Lighthound deals, like a Groupon. My brother is in charge of the development team, and is very focused on development and coding.

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AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Xconomy

Mythic, based in both Redwood City, CA, and Austin, TX, is one of the upstart companies benefiting from a surge of investing in the chip-making field, where the growing computational demands due to the use of AI are creating an opening for young entrepreneurs with out-of-the-box ideas.

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

Acquisition. The San Diego-based company is one of 53 California companies ranked on the Fortune 500, 22 of which are SoCal companies. Arguably the greatest research and development nexus in the United States rests in the area spanning San Diego to Los Angeles. Backup Software. Blog Software.

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AltspaceVR Finds New Home in Microsoft’s Mixed Reality Ecosystem

Xconomy

3 due to the slow growth of the VR market and a fundraising attempt that fell through. AltspaceVR , one of the forerunners of shared social experiences in virtual reality spaces, has been saved from extinction by Microsoft, which announced Tuesday that it is acquiring the four-year-old company.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

CODE=DJII-DJN SYMBOL=FB CODE=DJII-DJN SYMBOL=GOOG CODE=DJII-DJN SYMBOL=I/DRG CODE=DJII-DJN SYMBOL=I/HOM CODE=DJII-DJN SYMBOL=I/ISV CODE=DJII-DJN SYMBOL=I/MED CODE=DJII-DJN SYMBOL=M/TEC CODE=DJII-DJN SYMBOL=MDA.T October 5, 2012.

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Tougher “Immigration” Policies On Foreign Tech Crossing U.S. Border

Xconomy

intelligence agencies—including the FBI, CIA, and the National Security Agency—all told the senators they would not be comfortable using cybersecurity software provided by Russia-based Kaspersky Lab. Leaders of six U.S. Read more » Reprints | Share: