socalTECH
AUGUST 23, 2017
Santa Barbara-based CALIENT , the developer of optical MEMs switching technology, has been acquired by Chinese company Suzhou Chunxing Precision Mechanical Co., Ltd. , the two said this morning. Financial terms of the acquisition were not announced. According to the two, Chunxing buys a controlling stake in the company, and will also provide manufacturing services to CALIENT as part of the acquisition.
SoCal Tech Calendar
AUGUST 23, 2017
Tuesday, August 29, 2017 -- Better Living Through Analytics - Strategies for Data Decisions. Product School. Data is king! Get ready to understand how a successful analytics team can empower managers from product, marketing, and other areas to make effective, data-driven decisions. Louis will be sharing some case studies and successful strategies that he has used at ZipRecruiter as well as previous experiences.
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socalTECH
AUGUST 23, 2017
Elon Musk , the founder and CEO of Los Angeles-based SpaceX , has released the first photo of a SpaceX designed spacesuit. Musk posted a photo of what he said is a working spacesuit to Instagram on Tuesday, saying it was "incredibly hard to balance esthetics and function" in the design, and that the spacesuit was working and tested to "double vacuum pressure.
L.A. Business Journal
AUGUST 23, 2017
SpaceX reveals space suit, Snapchat to again produce original scripted shows and Jukin Media to expand studio for original content production.
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Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
socalTECH
AUGUST 23, 2017
Los Angeles-based HelloTech , the in-home, technical support service started by Richard Wolpert, is providing the support for the launch of Samsung's new Galaxy Note 8 smartphone , in a major win for HelloTech. According to Samsung, it will offer up 60 days free Samsung Premium Care service to purchasers of its new smartphone. Samsung is charging $11.99 a month for its Premium Care service, after that 60 days.
Tech.Co
AUGUST 23, 2017
Elon Musk and his SpaceX team have done it again. Today Musk unveiled the first photo of the SpaceX spacesuit on his personal Instagram account. All we’ve got is the one photo to go by right now, but his message implies SpaceX will reveal more details soon on the spacesuit. In a post to Instagram Elon Musk said: “First picture of SpaceX spacesuit.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Startup Professionals Musings
AUGUST 23, 2017
As a business advisor, one of the most disheartening things I see in business today is a serious lack of engagement at all levels, consistent with Gallup’s most recent global engagement survey , finding only 13 percent of workers fully engaged in their job. I see people walking around every day like zombies in a trance. The sad part is that is seems to be getting worse, rather than better.
socalTECH
AUGUST 23, 2017
Open Listings , a venture-backed startup which helps people find, tour, and buy homes, which has offices in both San Diego and San Francisco, said Wednesday that it had launched its service in Seattle. The move is aimed directly at competing with online real estate brokerage site Redfin, which is based in Seattle. Open Listings is backed by Y Combinator, Soma Capital, ChinaRock Capital, I/O Ventures, Joe Montana & Liquid 2 Ventures, along with other angels.
socalTECH
AUGUST 23, 2017
Pasadena- and Boston-based Axial Biotherapeutics , which is developing treatments for neurological diseases, said on Tuesday that it has named Srinivas G. Rao, M.D., Ph.D. as its Chief Medical Officer, Ryan Barrett as Vice President, Corporate Development and Intellectual Property, and Bridget M. Cole, Ph.D. as Vice President of Medicinal Chemistry.
socalTECH
AUGUST 23, 2017
San Diego-based MabVax Therapeutics , a biotechnology developer developing antibody-based treatments for cancer, said on Tuesday that it has raised $1.3M in a Series J Convertible Preferred Stock financing, and has engaged an investment banking firm to "explore strategic alternatives" for the company. The publicly held company, which trades on the Nasdaq at MBVX, said the new funding will go toward working capital and general corporate purposes.
socalTECH
AUGUST 23, 2017
San Diego-based ID Analytics , which develops consumer risk management and analytics tools for fraud prevention, said on Tuesday that it has named Sameer Chopra as the company's Chief Analytics and Science Officer. Chopra was most recently Chief Analytics Officer at GoDaddy, and also had served in that role at Orbitz, in addition to positions at Intuit and eBay.
socalTECH
AUGUST 23, 2017
LA's technology startup industry has saw a surge in new companies and efforts from its serial entrepreneurs in the last few months. Serial entrepreneurs--those who have started and successfully sold or exited startups in the past--have been outsized contributors to the local technology industry, due to the experience they had in their prior companies.
socalTECH
AUGUST 23, 2017
Los Angeles-based datacenter operator Net Data Centers , which has two facilities in Los Angeles, has been acquired by another data center operator, Anexio. Financial terms of the asset acquisition deal were not announced. ANEXIO said it will add almost 200 customers, 3 megawatts of critical data center power capacity, and two Los Angeles facilities to its offerings.
socalTECH
AUGUST 23, 2017
Match Group , the parent company of dating app developer Tinder , reportedly was spurned by dating app developer Bumble , according to multiple reports on Wednesday morning. According to those reports, Bumble turned down a $450M acquisition offer from Match Group in the last two months. Match Group owns Match.com, OkCupid, Tinder, and a number of other dating sites.
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