TechCrunch LA

JULY 26, 2019

Marcus Hutchins, the malware researcher who became known as an “accidental hero” for stopping the WannaCry ransomware attack in 2017, has been sentenced to supervised release for one year on charges of making and selling the Kronos banking malware. Presiding Judge J. P. Stadtmueller described Hutchins, 25, as a “talented” but “youthful offender” in remarks in federal court in Milwaukee Friday.

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Research Los Angeles Conference Angel 277

socalTECH

JULY 26, 2019

Ventura-based Nexa3D , which develops 3D printers, says it is expanding its North American channel, with a new partnership with Dynamism. Dynamism is a provider of additive manufacturing solutions and services. According to Nexa3D, the addition of Dynamism will enable it to more rapidly expand its North American footprint. Nexa3D is a developer of industrial, 3D printing systems, which it says dramatically reduce 3D printing cycles of precision functional parts from hours to minutes.

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Ventura Services Develop Development 159

Xconomy

JULY 26, 2019

From the moment Talia Frenkel resolved to found a company after a kitchen-table talk with her parents, the odds were against her. There were a host of reasons—she wasn’t a software engineer, she had no product development experience, and she wanted to launch a consumer item that was already sold widely by established enterprises. Yet Frenkel, a participant in the summer 2015 class at Y Combinator , an influential Silicon Valley accelerator program, raised $120,000 from investors by August

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Software Engineering Class Startup Software 110

socalTECH

JULY 26, 2019

Torrance-based BQE Software , a developer of accounting and project management software, says it has added a new module for managing human resources. According to BQE, it has launched Core HR, a new module of its BQE Core software that provides benefit tracking, salary history tracking, employee's journal and incident tracking, certification, awards, paid-time off and employee reviews.

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Software Review Software Torrance Journal 127

Advertiser: Aggregage

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.

Company

Startup Professionals Musings

JULY 26, 2019

Every entrepreneur and business person I know wishes he had more time for coaching all the members of his team. I often hear the excuse that coaching takes more time than simply diving in and doing the job for the other person, but is that really true? In fact, studies have shown that the long-term value of coaching has a return of at least 2x to more than 100x times the cost.

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Coach Course Mentor Examples 91

socalTECH

JULY 26, 2019

Hawthorne-based SpaceX has again successfully launched another spacecraft to the International Space Station (ISS), delivering 5,000 pounds of cargo into space for docking with the ISS this week. The launch--from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station in Florida--was delayed by a day. The successful launch was the third use of a Dragon spacecraft, which also was used in the CRS-6 mission in April of 2015 and CRS-13 mission in December of 2017.

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socalTECH

JULY 26, 2019

Los Angeles-based Boring Co. , the underground, high tech transportation company run by Elon Musk, has raised $120M in a funding, which reportedly came from 8VC, Vy Capital, and Future Ventures. According to the report from Bloomberg, the new funding values Boring. Co at $920M. The funding is the first outside investment for the company. Boring Co. is in the midst of early efforts to create underground transportation tunnels, which ultimately would connect major cities with extremely high speed

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Report High Tech Los Angeles Invest 113

Xconomy

JULY 26, 2019

What will the legacy be of Jeff Leiden, the longtime CEO of Vertex Pharmaceuticals? Vertex surprised Wall Street this week by announcing Leiden’s seven-year run will end next spring. In some ways, his legacy is already written. He steered Vertex through a crisis when its hepatitis C business was squashed by competition. Under Leiden’s watch, Vertex has become the leader in cystic fibrosis medicines and climbed industry ranks.

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Pricing Competition San Diego Patents 77

socalTECH

JULY 26, 2019

venice-based Stackin' , a startup which helps consumers start saving and making investments, has raised $4.0M in a funding round, according to a regulatory filing from the company this week. Details on the funding have not yet been announced. The funding appears to include a number of angel investors, including Howard Lindzon. Stackin' says it already has over 500,000 users who use the service to save money and to start investing, all via text messaging.

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socalTECH

JULY 26, 2019

Los Angeles-based MarketCast Group , which provides market research and consumer analytics services to the media, entertainment, sports, and lifestyle industries, has named a new CEO, and shifted its current CEO to Chairman. The company--which is owned by private equity investor Kohlberg & Company--said it has named John Batter as CEO, with current CEO Henry Shapiro shifting to Chairman.

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Electronic Arts Research Entertainment Equity 113