Fri.Dec 21, 2018

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LA Makerspace, Imagination.org Merges With Two Bit Circus Foundation

socalTECH

Two, Los Angeles-area nonprofits aimed at the "maker" and technology education market-- LA Makerspace and Imagination.org , said late Thursday that they have merged with the Two Bit Circus Foundation , the nonprofit created by Two Bit Circus to promote STEAM education. The three said that by combining their efforts, they will be able to "increase efficiency and greatly broaden their program offerings" and also provide services to an expanded range of communities.

Education 149
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Cannabis Crypto Firm Settles SEC Lawsuit

L.A. Business Journal

Cryptocurrency company ParagonCoin announces settlement with SEC.

Company 154
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CoreLogic Seeks To Sell Non-Core Software Units

socalTECH

Irvine-based property information provider CoreLogic said late Thursday that it has launched an effort to exit "certain legacy non-core software units" at the company. According to the firm, it is looking to exit its loan origination software unit and its "legacy default management" related platforms over the next 24 months. The company did not identify all of those businesses, but said they generated approximately $40M in revenues in the first nine months of 2018.

Software 113
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Silicon Beach Report Dec. 21: Telltale's Kenney Joins Insomniac

L.A. Business Journal

Semtech files lawsuit against Spark Connected; SpaceX preps for Dragon launch; Telltale lead writer joins Insomniac Games

SpaceX 100
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Macquarie Capital Provides $100M In Debt For Battery Storage Projects

socalTECH

Macquarie Capital , the investing arm of Macquarie Group, says it has provided $100M in a debt financing, to back development of a new battery-based energy storage project in Southern California. According to Macquarie Capital, the debt funding is part of a 52.5 MW / 315 MWh project for Southern California Edison (SCE), and will fund construction of an additional 177 MWh of behind-the-meter battery storage systems across the West Los Angeles Basin service territory.

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How To Stay Cool, Despite Team Members Who Annoy You

Startup Professionals Musings

In my career in business, I’ve found that the people you work with make all the difference. If everyone works well together, you all feel a sense of job satisfaction. If some people on the team are irritating to you and others, the whole environment becomes toxic, killing your motivation and the productivity of the team. Everyone thinks this is a management or the other person’s problem.

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Bio Roundup: 2019 Trials, Pilgrim Price Chat, Pre-Xmas Sales & More

Xconomy

It’s beginning to look a lot like, well, the last roundup of the year, with plenty of news to pack in before our holiday breather. Whew. Before you fly off, or drive, or simply unplug, check out our preview of what could be next year’s top clinical studies; the tumult in big pharma’s on again-off again relationship with consumer healthcare; big names on the move in the nation’s capital; and a flurry of year-end deals.

Pricing 73
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Ligand Inks Deal, Ionis Details Succession Plan, & More SD Biotech

Xconomy

San Diego’s life sciences companies didn’t tap their brakes much as December chugged along. This week—for many, the last full work week before a holiday break—has been peppered with financings and deals news. So while it might be nearly time to board your plane (or hop in the car, or simply spend a little time away from your screens), first catch up on recent local biotech happenings.