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Report: Google, Amazon, Netflix Transforming Los Angeles Real Estate

socalTECH

The surge of activity by such technology giants as Google , Amazon , and Netflix is completely reshaping the Los Angeles real estate market , according to a report from the Los Angeles Times, as those tech giants are jostling to acquire real estate in LA.

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Report: Hyperloop Transportation Technologies In Discussion With Cupertino

socalTECH

Los Angeles-based Hyperloop Transportation Technologies (HTT), one of several companies in the LA area working on advanced transportation systems first imagined by Elon Musk, is reportedly in discussions with the city of Cupertino to help ease traffic in that city.

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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. percent of private jobs in the technology sector, ranked at number 13 nationwide; Santa Barbara-Santa Maria-Goleta had 8.9 READ MORE>>.

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Relativity Space Raising $500M, Says Report

socalTECH

Los Angeles-based printed rocket technology developer Relativity Space is in the midst of raising $500M, in a funding round which values the company at $2.3 billion, according to a report today from CNBC. The new round is reportedly being led by Tiger Global Management. READ MORE>>.

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CitySourced Merges With Rock Solid Technologies

socalTECH

Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. The company's app lets residents of citizens report issues, including things like potholes, graffiti, broken street lights, and more.

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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA. The landmark.

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Report: Bird Considers Going Public Via SPAC

socalTECH

Santa Monica-based on-demand, last mile transportation company Bird is considering going public via a Special Purpose Acquisiton Company (SPAC), according to a report from Bloomberg. It's unclear how far along the SPAC might be, however, Bloomberg said the discussions "are in an early stage". READ MORE>>.

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