L.A. Business Journal
JUNE 27, 2019
Gardena-based electric vehicle maker Faraday & Future Inc. fired several employees it had previously placed on unpaid leave in December, citing lack of funds to pay salaries.
Berkonomics
JUNE 27, 2019
OK. We know that an executive’s job is not easy. Nor is there much time in a typical day for outreach of any kind. Especially in your growing company, you are drawn into daily process issues by all of your direct reports, often responding to questions and problems, leaving little time for strategic thought. That’s bad behavior! And that behavior results in leaving little time for outreach to the most critical component in your chain – your key customers.
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socalTECH
JUNE 27, 2019
Hawthorne-based SpaceX has raised $314.2M in new funding, according to a report from CNBC Thursday, which said part, if not all, of that investment came from the Ontario Teachers' Pension Plan. According to CNBC, the funding came at $214 per share, and will bring the total raised by SpaceX in 2019 to $1.33 billion. Privately held SpaceX rarely announces investment details on its funding.
L.A. Business Journal
JUNE 27, 2019
Wondery, the podcast network that produced Los Angeles Times’ “Man in the Window” and “Dirty John,” will use Series B funds to acquire new and original content, invest in technology.
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.
socalTECH
JUNE 27, 2019
According to a report, from Krebs On Security, El Segundo-based IT services provider PCM has seen a major breach , which allowed attackers to access multiple, client accounts hosted through PCM. According to the report, the intrusion--discovered in mid May of this year--gave attackers the administrative credentials to client accounts within Office 365.
L.A. Business Journal
JUNE 27, 2019
Silicon Beach Report June 27: Disney Launches Incubator; Faraday Future Fires Furloughed Workers; AEG Links with Lyft
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
JUNE 27, 2019
Degreed , which helps businesses upgrade the skills of their staffers through an online gateway to learning resources, announced Thursday it has raised $75 million to grow the service and expand internationally. San Francisco-based Degreed is among the educational technology companies now classified as “learning experience platforms,’’ because they organize staff participation in skills development training and coordinate it with the goals of employers, who are their clients.
socalTECH
JUNE 27, 2019
The City of Long Beach will be the site of a new, 400 megawatt-hour battery-based energy storage system , as part of Southern California Edison's (SCE) support of California's clean energy efforts, according to power plant operator AES Alamitos. The subsidiary of energy company AES Corporation said it has broken ground on the new, 400 megawatt-hour (Mwh) battery-based energy storage system, at part of a modernization project at the AES Alamitos Generating Station.
socalTECH
JUNE 27, 2019
Los Angeles-based accounting automation software developer BlackLine says it is in an effort to expand its links with its technology partners, and has extended integration with such partners as Dell Boomi, Host Analytics, OneCloud, Workato, and others. According to the company, it is looking to integrate "best-of-breed" financial application software providers, making it easier to connect their products to its financial controls and automation product.
socalTECH
JUNE 27, 2019
Los Angeles-based AdQuick.com , which is developing software to help marketers and agencies measure the effectiveness of both out-of-home and digital out-of-home advertising, has named Max Polisar as the company's Chief Revenue Officer. Polisar was most recently Chief Revenue Officer at Awesomeness. AdQuick said Polisar also worked with "a number of venture backed companies" working on brand endorsements for social video creators, Augmented Reality (AR), and mobile marketing and data.
socalTECH
JUNE 27, 2019
In an age of ever increasing marketing spend to attract customers, how do you make sure you aren't spending more acquiring a company than they are worth? Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as Dollar Shave Club. We spoke with Retina's CEO, Michael Greenberg , to learn more.
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