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Intellisense Spins Out Of Physical Optics Corporation

socalTECH

Torrance-based Physical Optics Corporation (POC), a military, defense, and security integrator, said this morning that it has spun off a new company called Intellisense Systems, Inc. According to POC, Intellisense Systems will also be based in Torrance, and will employ 83 people, with $24M in revenues.

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The Station: Canoo hits the road, Coup shutters and Samsung shifts

TechCrunch LA

Bounce, which is known for its cheap rental costs, along with competitors Vugo and Yulu are trying to carve market share away from ride-hailing companies like Uber. At an event in Los Angeles, GM’s Chief Marketing Officer Deborah Wahl said the subscription service Book by Cadillac will return next year. For the unfamiliar, the 5.9

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Interview with Satish Varma, Clorder

socalTECH

For our startup interview this morning, we caught up with Satish Varma , co-founder of Torrance-based Clorder (www.clorder.com), which is developing restaurant ordering software. We were a little early in that market, doing outsourcing, offshore, and managed crowdsourcing. We started our services in August of 2012.