L.A. Business Journal
OCTOBER 30, 2017
Line 204, a Hollywood film and television production and rental company, said today hackers had stolen its client database. The extent of the breach is still being determined.
socalTECH
OCTOBER 30, 2017
Hawthorne-based SpaceX successfully put the Koreasat-5A into space on Monday, successfully launching another satellite into space, and again successfully landing the first stage of its Falcon 9 rocket on a drone ship in the Atlantic. SpaceX launched the Koreasat-5A from NASA's Kennedy Space Center in Florida at 3:34 p.m. EDT, landing the first stage of the Falcon 9 on its droneship at approximately 3:44 pm.
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SoCal Tech Calendar
OCTOBER 30, 2017
Sunday, November 5, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas.
socalTECH
OCTOBER 30, 2017
Amazon Studios , the content production arm of Amazon , says it is planning a move to Culver City from its location in Santa Monica. According to Amazon Studios, it will move into television and movie studio location The Culver Studios, where it will occupy more than 280,000 square feet, including The Culver Studios Mansion and Bungalows. According to Amazon, it currently has more than 700 employees in Santa Monica.
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L.A. Business Journal
OCTOBER 30, 2017
Amazon Studios to move into Culver Studios, Boring Co. shows tunnel progress and SpaceX ties ULA’s annual launch record with 16th launch this year.
socalTECH
OCTOBER 30, 2017
Irvine-based Aerie Pharmaceuticals , the biopharmaceuticals firm developing therapies for the treatment of glaucoma and other eye diseases, said today that it has named John Maltman, Ph.D., as its new Vice President of Medical Affairs. Maltman was previously at Allergan. According to Aerie Pharmaceuticals, Maltman will be responsible for leading the strategic efforts of the company's Medical Affairs Department across a broad spectrum of product-related activities.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
OCTOBER 30, 2017
A report, published over the weekend by TechCrunch, calls Snapchat Spectacles a failure , pointing out only 0.08% of Snapchat's users have purchased the camera sunglasses. The coverage follows a report last week from The Information, which says that Snap's Spectacles have been piling up at warehouses , with "hundreds of thousands of unsold units". READ MORE>>.
Xconomy
OCTOBER 30, 2017
News is constantly streaming out these days about the role of Facebook, Twitter, and Google in the 2016 presidential election; most disturbing to the public is the apparent use of social media, search, and video channels by Russian operatives seeking to influence U.S. voters. Critical lawmakers have blasted the big tech companies for failing to detect the Russian influence campaign earlier, for allegedly accepting payments for election ads in rubles, and for allowing a troll farm in St.
socalTECH
OCTOBER 30, 2017
Simi Valley-based Xavient Information Systems , a provider of IT consulting and software services, has been acquired by TELUS International , the two said this morning. The companies said the deal is worth an estimated $250M. Xavient Information Systems has approximately 1,800 employees and has operations in both the United States and in India. According to TELUS International, the acquisition deal will help it expand its global service offerings, and allow it to expand into India.
socalTECH
OCTOBER 30, 2017
Elon Musk , the technology mogul behind SpaceX and Tesla Motors, has posted the first photo of the secret tunnel system he's digging under Los Angeles. Musk posted the photo of the tunnel--under construction by one of his startups, The Boring Company --which currently is being dug underneath SpaceX's headquarters. Musk has been developing the technology to bore tunnels underneath Los Angeles to whisk cars, humans, and other cargo between destinations--avoiding traffic and congestion--using his H
socalTECH
OCTOBER 30, 2017
Los Angeles-based entertainment and sports agency Creative Artists Agency (CAA) has launched itself into the startup business, saying that it has created a new startup studio it calls Creative Labs , according to the company. The CAA said the new startup studio--which will be based in Vancouver, Canada--will focus on developing consumer-facing technology companies and "next-generation media and entertainment experiences".
socalTECH
OCTOBER 30, 2017
Hawthorne-based SpaceX is getting set to launch yet another satellite into space today, this time, a commercial payload for KT Sat, South Korea's satellite service provider. SpaceX said it plans to launch Koreasat-5A from NASA's Kennedy Space Center in Florida today at 3:34 p.m. EDT. SpaceX will again attempt to land the first stage of the Falcon 9 on a drone ship in the Atlantic.
socalTECH
OCTOBER 30, 2017
Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has started a new nonprofit, Accelerator for America , which will help fund "innovation investments" around the U.S. Garcetti has gained a reputation in Los Angeles for his pro-growth and pro-startup efforts.
socalTECH
OCTOBER 30, 2017
AT&T --which has been ramping its operations and presence in the tech world in Los Angeles--said today that it is unveiling a new artificial intelligence (AI) platform called Acumos. The new, open-source platform is aimed at enabling programmers and researchers to more easily develop machine learning and AI software. The new toolset put AT&T against such companies as Google, Amazon, and Microsoft, who also offer up machine learning and AI development tools based on their own code stacks.
socalTECH
OCTOBER 30, 2017
Calabasas-based PayQwick , an electronic payment provider aiming at the legal marijuana industry, has raised $2.86M in a funding round, the company announced on Monday. Source of the funding was not announced. PayQwick says it will use the funding for sales and product development, as well as expansion into California, Nevada, Michigan and Alaska. PayQwick says it allows legal marijuana businesses to pay each otehr electronically, claiming it is compliant with strict Bank Secrecy Act and Anti Mo
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