socalTECH

OCTOBER 26, 2018

Hawthorne-based SpaceX is getting set to reach another milestone in its development of space exploration technology, which is to push the reuse of its rockets even further. According to a SpaceX official, the company is about to relaunch one of its boosters for the third time. Although SpaceX has re-used many of its rockets in prior launches--re-using the first stage of Falcon 9 rockets 30 times--it has only done so twice with each booster.

SpaceX 133

SpaceX Hawthorne Design Report 133

L.A. Business Journal

OCTOBER 26, 2018

Former Chicago Bulls star and owner of NBA team the Charlotte Hornets Michael Jordan invested in Axiomatic E-sports alongside Declaration Capital, the investing office of Washington, D.C.-based Carlyle Group co-founder David Rubenstein.

Invest 113

Invest Capital 113

socalTECH

OCTOBER 26, 2018

San Diego-based antenna technology developer Airgain announced late Thursday evening that it has added TJ Chung to its board of directors. Chung is at private equity investment firm Core Industrial Partners, LLC, where he is Senior Partner, and also had been President of Teletrac Navaman, part of Danaher. Chung was also CEO of Navman Wireless, and served at Brunswick Corporation and Emerson Electric.

San Diego 133

San Diego Equity Invest Technology 133

L.A. Business Journal

OCTOBER 26, 2018

An Emmy for Blue Microphones; Netflix work environment under the microscope; Faraday Future initiates widespread layoffs

Layoffs 100

Layoffs Netflix Report 100

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

socalTECH

OCTOBER 26, 2018

Santa Monica-based SolarReserve , a developer of large scale solar thermal power plants and related technology, reported on Thursday that it has received $2.0M in an award from the U.S. Department of Energy (DOE), to go towards solar mirror tracking technology. According to SolarReserve, the funding goes towards next-generation heliostat technology, which is used to keep mirrors used in olar power generation aimed at the sun.

Technology 133

Technology Santa Monica Research Report 133

Startup Professionals Musings

OCTOBER 26, 2018

New technology markets and paradigm shifts have traditionally been bad bets when seeking investors, since these were known to take decades to develop, and cost lots of money. For example, consider how many years it took for the market to move from radio to television, or fully accept personal computers on every desktop. The leading edge was too often the bleeding edge.

Marketing 92

Marketing Demand Examples Social Media 92

Xconomy

OCTOBER 26, 2018

Lisa doesn’t interrupt. She doesn’t mind long pauses between responses. And she has a sense of humor. Oh – and, she’s virtual. San Diego startup Cuida Health, a recent graduate of the Connect Springboard accelerator program, this week launched its first product: a voice-activated “social wellness” app for seniors. For the past four months, about 40 people in their mid-60s to mid-80s have been testing the virtual assistant, named LiSA for “Learning Interface for Senior Adults.

San Diego 93

San Diego Web Activity Mobile 93

socalTECH

OCTOBER 26, 2018

Employees of Los Angeles-based Faraday Future have been laid off--without severance--and pay has been cut by 20 percent for those that remain, after renewed financial troubles over at the electric car maker. According to information leaked from employees within the company, the pay cut and layoffs started this week, as Faraday has run out of funding due to a legal spat with the Chinese company that bailed out the company last year.

Layoffs 113

Layoffs Los Angeles Funding Invest 113

Xconomy

OCTOBER 26, 2018

In the biotech investment and research communities this week, much of the attention was turned to Europe. Munich, Germany, hosted the annual conference of the European Society for Medical Oncology, where cancer drug developers unveiled the latest clinical data for experimental immunotherapies and drugs that treat the disease based on a tumor’s genetic signature.

Pricing 86

Pricing Conference Research Invest 86

socalTECH

OCTOBER 26, 2018

Santa Monica-based Happy Returns , which provides a network of in-person return locations for online retailers, is expanding its menu of offerings for those retailers, through a new product called "Full Stack Returns". The startup--led by CEO David Sobie--says that the new Full Stack Returns product offers up an integrated solution, which includes a complete online return and exchanges, in-person returns and exchanges as the company's "Return Bars", integrated returns by mail, and regional aggre

Services 113

Services Santa Monica Pricing Networking 113

Xconomy

OCTOBER 26, 2018

Style trends may come and go but the apparel industry is increasingly accepting that sustainability will always be in fashion. “We have the chance to shift the environment to a cleaner, more non-toxic place,” says Greg Altman, co-founder and CEO of Silk, a Boston-area maker of a proprietary liquid silk. “That’s really our goal.” To that end, Silk announced last week that it raised $30 million from investors to deploy the company’s silk technology into the apparel market as a replacement for chem

Funding 85

Funding Marketing Technology San Diego 85

L.A. Business Journal

OCTOBER 26, 2018

Annenberg Foundation, City of L.A. team up on tech diversity.

100

100

Xconomy

OCTOBER 26, 2018

The U.K.’s data privacy regulator fined Facebook $645,000 for violations that allowed political marketing firm Cambridge Analytica and other outside companies to extract 87 million Facebook profiles worldwide without adequate user knowledge or consent. The purpose of the U.K.’s enforcement actions is to change the behavior of organizations that mishandle the sensitive private information of individuals, but the fine announced Thursday represents a minuscule fraction of Facebook’s (NASDAQ: FB ) e

.Net 84

.Net Organization Marketing San Diego 84