Tue.Aug 18, 2020

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Deposit Defender Launches To Help Renters Save Their Security Deposits

socalTECH

Are you a renter, tired of landlords always claiming damages and never returning your security deposit? San Diego-based Deposit Defender says it has launched a new app, which helps renters photo-document rental property inspections, in order to prevent future loss of their security deposits. According to Deposit Defender, its app includes a comprehensive checklist and photo-taking protocols that accurately document the condition of a rental property before renters move in, and was developed by e

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Patient Death in Poseida Prostate Cancer Study Prompts Clinical Hold

Xconomy

A Phase 1 trial testing a Poseida Therapeutics cell therapy in men with prostate cancer is on hold after a patient enrolled in the study died of liver failure nearly three weeks after receiving the treatment. The San Diego company, which has touted its product candidates as safer than early-generation versions developed by other companies, announced the FDA’s decision to pause the study on Monday.

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SpaceX Launches More Satellites, Breaks Reuse Record

socalTECH

Hawthorne, California-based SpaceX has once again successfully launched another set of Starlink satellites into space on Tuesday morning, breaking a re-use record for the first stage of a Falcon 9 booster rocket in the process. SpaceX launched 58 Starlink satellites and three Planet SkySats in the launch from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station in Florida, at 10:31AM EDT.

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Google's Nest Takes Aim At Sonos

socalTECH

Santa Barbara-based Sonos is getting some additional competition from Google's Nest , as Google announced new, whole-home music features to its products. According to Google's Nest, it is now launching multi-room control, so its users can group together speakers, Smart Displays, and Chromecasts into multiple rooms, which can all be controlled together.

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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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SpaceX Adds $1.9M In New Funding, Says Report

socalTECH

Hawthorne-based SpaceX has raised another, $1.9 billion in funding, according to Reuters , which says the funding was disclosed in regulatory filings. Source of the new funding was not announced. The new funds reportedly value SpaceX at $46 billion, according to Bloomberg. SpaceX recently launched two astronauts into space for NASA, and just set a new record for re-use of a Falcon 9 booster Tuesday morning.

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Ways2H Partners With Local Power On Hydrogen Microgrids

socalTECH

Long Beach-based Ways2H , a developer of waste biomass-to-hydrogen technology, says it has partnered with Massachusetts-based Local Power , to develop hydrogen-fueled community microgrids for Community Choice Aggregators and municipalities.The two said they have partnered to develop community microgrids powered by renewable hydrogen produced from waste, plus solar and battery storage.

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Slope Agency Acquires Abacus Growth

socalTECH

Los Angeles-based Slope Agency , a marketing firm focused on TikTok and founded by Y-Combinator alumni, says it has acquired Los Angeles-based Abacus Growth , a marketing agency focused on TikTok. Financial terms of the acquisition were not announced. According to Slope Agency, Abacus Growth was focused on running TikTok ads, and counts such clients as Forbes, LEGO, and Gravity Blanket.

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Canoo Hits Public Markets Via Reverse Merger

socalTECH

Los Angeles-based electric vehicle manufacturer Canoo is going public via a reverse merger, in a move that it says will provide it with approximately $600M to help support production and launch of its electric vehicles. According to Canoo, it has entered into an agreement with special purpose acquisition company (SPAC) Hennessy Capital Acquisition Corp.

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SpaceX Adds $1.9B In New Funding, Says Report

socalTECH

Hawthorne-based SpaceX has raised another, $1.9 billion in funding, according to Reuters , which says the funding was disclosed in regulatory filings. Source of the new funding was not announced. The new funds reportedly value SpaceX at $46 billion, according to Bloomberg. SpaceX recently launched two astronauts into space for NASA, and just set a new record for re-use of a Falcon 9 booster Tuesday morning.

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