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Study Tallies High Tech Employment In Region

socalTECH

A recently released study by TechAmerica, an advocacy group for the high tech industry, finds that Los Angeles ranks sixth among the top 60 cities in the United States for high tech employment. Los Angeles had 169,974 workers in the high tech industry. high tech jobs per 1000.

High Tech 198
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Report: Boring Co. Raises $120M

socalTECH

Los Angeles-based Boring Co. , the underground, high tech transportation company run by Elon Musk, has raised $120M in a funding, which reportedly came from 8VC, Vy Capital, and Future Ventures. According to the report from Bloomberg, the new funding values Boring. Co at $920M.

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Port of Los Angeles Wins $41M For Hydrogen Fuel Cell Project

socalTECH

The Port of Los Angeles reported late Friday that it has received a preliminary award of $41M, from the California Air Resource Board (CARB), for a high tech hydrogen fuel cell freight project. The Port said the project has a total cost of $82,568,872, with partners providing 50.2%, or $41,446,612 in match funding.

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New Report Details Technology Job Concentration In Region

socalTECH

A new report issued today, detailing technology jobs employment concentration in the United States, shines some light on where the highest concentrations of tech jobs are in the region. The top ranked area in the nation, which was San Jose-Sunnyvale-Santa Clara, had 28.8 percent of jobs in technology. READ MORE>>.

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Report: LA, OC, San Diego All Rank As Top High-Tech Centers

socalTECH

A new report by the Milken Institutue, attempting to rank the "top high-tech centers" in the U.S., Canada, and Mexico, shows Los Angeles, Orange County, and San Diego areas are all within the top 10 "preeminent high-tech metros" ranked by high tech employment and wages.

High Tech 100
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Google Executive Chairman Buys House In LA, Says Report

socalTECH

In the latest Silicon Valley mogul to buy a house in Los Angeles, Google chairman Eric Schmidt has reportedly purchased a $22 million house in Los Angeles in the Holmby Hills. The report--from the New York Post--says that Schmidt bought the former Los Angeles estate of Veronique Peck, late wife of Gregory Peck.

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LA Leads In Entrepreneurs, Says Report

socalTECH

A new study released by the Kauffman Foundation this week shows that the Los Angeles-Long Beach-Santa Ana Metropolitan Statistical Area (MSA) has the highest number of entrepreneurs per 100,000 people, of the top fifteen largest MSAs. The report covers all business entrepreneurs, not just those in the high tech industry.