socalTECH
JUNE 27, 2019
According to a report, from Krebs On Security, El Segundo-based IT services provider PCM has seen a major breach , which allowed attackers to access multiple, client accounts hosted through PCM. The report says it believes the information was being used to conduct gift card fraud at various retailers and financial institutions.
socalTECH
JUNE 7, 2021
Carlsbad-based communications satellite operator Viasat reports that the first satellite in a new satellite constellation being developed by the company is now in final spacecraft integration and testing.
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socalTECH
MAY 17, 2013
The latest company considering a bid for Los Angeles-based video streaming site Hulu is El Segundo-based DirecTV , according to reports Friday afternoon. A report from Reuters says DirecTV is just one of a number of companies considering a bid for Hulu. The report cited a "source familiar with the situation."
socalTECH
AUGUST 7, 2020
El Segundo-based online postage and shipping software developer Stamps.com reported its second quarter results on Thursday, saying it saw a 49 percent increase in its revenues for the quarter, to $206.7M, as a result of a surge in e-commerce activity. million, up 182 percent compared to the second quarter of 2019.
socalTECH
AUGUST 16, 2018
El Segundo-based Millenium Space Systems , a developer of small satellite systems, has been acquired by Boeing , Boeing said on Thursday. According to Boeing, Millennium Space Systems will become a subsidiary of the company, and will report to the company's Phantom Works division. READ MORE>>.
socalTECH
DECEMBER 7, 2015
El Segundo-based children's tablet maker Fuhu has filed for Chapter 11 bankruptcy, in surprising news from what had been one of LA's fastest growing technology companies. The filing was made in the U.s. Bankruptcy Court in the District of Delaware. Fuhu is reportedly in a deal to be acquired by Mattel for $9.5M READ MORE>>.
socalTECH
JULY 17, 2014
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0
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