L.A. Business Journal

OCTOBER 9, 2017

General Motors Co. announced on Monday that GM Cruise, its self-driving car subsidiary, had acquired Strobe, a Pasadena startup developing a technology that uses lasers to measure distances to other objects.

Pasadena 154

Pasadena Company Companies Startup 154

socalTECH

OCTOBER 9, 2017

Hawthorne-based SpaceX has successfully launched another mission into space, sending a package of Iridium communications satellites into space from Vandenberg Air Force Base this morning at 5:37 a.m. PDT, in a launch which was visible from many parts of Southern California. SpaceX also successfully landed the first stage of the Falcon 9 rocket on a droneship, "Just Read the Instructions", in the Pacific.

SpaceX 133

SpaceX Ventura Southern California Hawthorne 133

L.A. Business Journal

OCTOBER 9, 2017

GM’s self-driving unit acquires Pasadena tech company, SpaceX launches third set of Iridium Next satellites and Hulu dives into eSports with pact for four shows from ESL.

Pasadena 113

Pasadena Hulu SpaceX Company 113

socalTECH

OCTOBER 9, 2017

Pasadena-based Strobe , a startup developing LIDAR systems for driverless cars, has been acquired by GM , GM said on Monday. Financial terms of the acquisition were not announced. G.M. said it would make Strobe a part of its Cruise Automation subsidiary, which is developing self driving technology. Strobe was led by CEO Julie Schoenfeld, and was founded by Dr.

Pasadena 124

Pasadena Acquisition Startup Technology 124

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

Xconomy

OCTOBER 9, 2017

Ethereum co-founder Joe Lubin is calm and soft-spoken when he shares his vision of how blockchain technology and digital currencies could transform the Internet, the global economy, and many aspects of our daily lives. But what he’s talking about could become a raging tempest, and it’s worth paying attention to—especially given the vast sums of money pouring into the sector.

Web 86

Web Report Sales Invest 86

socalTECH

OCTOBER 9, 2017

Los Angeles-based OpenX has named a new CTO, saying this morning that it has appointed Paul Ryan as its new Chief Technology Officer. Ryan was previously CTO and founder of Zowdow, and also had served as CTO of Yellow Pages Group in Canada, Velocify and Overture. OpenX CEO Tim Cadogan said he has known Ryan for nearly two decades. OpenX operates an online advertising exchange and also is a provider of ad serving software.

OpenX 124

OpenX Chief Technology Officer Advertising Los Angeles 124

socalTECH

OCTOBER 9, 2017

Los Angeles-based venture investor Rustic Canyon Partners is one of the returning investor in a new round for mobile, on-demand babysitting app and marketplace provider UrbanSitter. UrbanSitter said last week that it has raised $17M in a Series C funding round. The funding was led by Advance Venture Partners, and also included Canaan Partners, Aspect Ventures, DBL Investors, First Round Capital, Menlo Ventures and Rustic Canyon Partners.

Rustic Canyon 113

Rustic Canyon Funding Demand Mobile 113

Startup Professionals Musings

OCTOBER 9, 2017

Every business professional I know faces the challenge of getting more things done on time, and getting the right things done. They all dream of working less, and accomplishing more. Yet I see that most are their own worst enemies. They seem to all fall victim to a common set of mistaken priorities and well-meaning distractions that keep them from exceeding their own objectives.

Organization 57

Organization Product Technology Networking 57

socalTECH

OCTOBER 9, 2017

Rancho Cucamonga-based General Micro Systems said this morning that it has won an $88M, military contract, for rugged server and display systems. According to General Micro, the contract was for the U.S. Army, and will be used within the Army's Type II medium mine protection vehicles (MMPV). General Micro says the systems are based on the Intel Xeon E5.

113

113

Xconomy

OCTOBER 9, 2017

Steve Case, venture capitalist, author, and co-founder of AOL, is preparing to hit the road this week on his sixth Rise of the Rest tour, where he travels to emerging innovation hubs in search of investment-worthy tech startups and to highlight the growth happening outside of places like Silicon Valley and Boston. In the years since the tour’s inception in 2014, Case says he’s become “quite encouraged” by the momentum he sees building in the middle of the country.

Media 71

Media Invest Startup Venture Capital 71

socalTECH

OCTOBER 9, 2017

San Diego-based diagnostic testing equipment maker Quidel has closed on its acquisition of Alere's Triage cardiovascular and toxicology business, the company said on Friday, in a deal worth up to $680M in total. Auqidel said it paid $400M in cash plus up to $280M in deferred consideration for Alere's B-type Naturietic Peptide (BNP) assay business. The deal had been originally announced on July 17th.

Acquisition 113

Acquisition San Diego Company Companies 113

socalTECH

OCTOBER 9, 2017

A report from the WSJ says that Amazon is "failing to dominate" in Hollywood, and is running issues with "lackluster releases" and strained relationships with its producers. Amazon runs all of its content business and production out of the Los Angeles area, as part of Amazon Studios. READ MORE>>.

Hollywood 113

Hollywood Report Content Los Angeles 113

socalTECH

OCTOBER 9, 2017

Hawthorne-based SpaceX is getting set this morning to launch another set of Iridium communications satellites into space, this time from Vandenberg Air Force Base, just north of Lompoc. According to SpaceX, the launch window for the Iridium-3 mission opens at 5:37 a.m. PDT, with a backup launch opportunity tomorrow, Tuesday, at 5:31 a.m. PDT. SpaceX said it will attempt to land the first stage of the Falcon 9 on a droneship in the Pacific Ocean with the launch.

SpaceX 100

SpaceX Hawthorne 100