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Steamboat Backs Camera Maker GoPro

socalTECH

Burbank-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, has backed Woodman Labs the parent firm of sports camera maker GoPro. GoPro recently acquired San Diego-based Cineform , a developer of video compression technology. Financial details of the investment were not disclosed.

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Yahoo, Microsoft Deal Includes Up To 550 Employees

socalTECH

Yahoo and Microsoft said last Wednesday that Yahoo will abandon its search engine development efforts, and instead use Microsoft's technology--including Microsoft adCenter. It's unclear if any of those employees involved in the deal would be located in Yahoo's Southern California locations, which include Burbank, San Diego, and Santa Monica.

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Milestones of Innovation 12: Overflight Of Russia’s Ultimate Weapons

Xconomy

The glider-like U2’s development at Kelly Johnson’s famous Lockheed “Skunk Works” in Burbank, CA, had gone into high gear only two years before, leading to a first test flight from a secret field in Nevada in the summer of 1955. Only nine years after Hiroshima, that cauldron was boiling. military pre-eminence.

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