Tue.Mar 24, 2020

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Feet First Entertainment Launches New Virtual Event For Remote Employees

socalTECH

Culver City-based Feet First Events , which runs corporate team building events, says it has launched a new "virtual game" aimed at helping businesses adapt their teams to working remotely. According to the company--which normally runs in-person, corporate team building events--its new "Cyber Sleuths" virtual game uses video and web-conferencing platforms like Zoom, Microsoft Team, Google Hangouts learn the tools to succeed working remotely for the first time.

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Rocket Lab postpones next mission due to coronavirus pandemic

TechCrunch LA

Rocket Lab is the latest new space company to feel the impact of the global coronavirus pandemic: The small satellite launcher announced on Tuesday that it would be suspending its next launch, a mission called ‘Don’t Stop Me Now’ that was set to take-off from Rocket Lab’s Launch Complex 1 on New Zealand’s Mahia peninsula on March 30.

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Ingram Extends Credit, Financing To Partners Due To COVID-19 Impact

socalTECH

Irvine-based technology distributor Ingram Micro says it is looking to help the many U.S. and Canadian small and mid-size businesses (SMBs) it serves, who are facing a cash crunch due to the ongoing COVID-19 disease outbreak. According to Ingram Micro, it is extending $110M in addition credit to approximately 2,000 of its channel partners across North America; temporarily waiving fees associated with the majority of its partner financing program; and also offering up better payment terms to its

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Volvo’s Polestar begins production of the all-electric Polestar 2 in China

TechCrunch LA

Polestar has started production of its all-electric Polestar 2 vehicle at a plant in China amid the COVID-19 pandemic that has upended the automotive industry and triggered a wave of factory closures throughout the world. The start of Polestar 2 production is a milestone for Volvo Car Group’s standalone electric performance brand — and not just because it began in the midst of global upheaval caused by COVID-19, a disease that stems from the coronavirus.

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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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Thirdwayv Bolsters Advisory Board

socalTECH

Irvine-based Thirdwayv , a developer of connectivity and security products for the IoT industry, said it has named a new advisory board, adding five people to help guide the company. The group includes David C. Klonoff, M.D., the founder of Diabetes Technology Society; David Kleidermacher; Google's Vice President of Engineering and former Chief Security Officer at BlackBerry; Raafat Fahim, Ph.D, president of REFF Consulting and former president and CEO of Nabi Biopharmaceuticals; Michale L.

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SpaceX Employee, Healthcare Contractor Both Test Positive For COVID-19

socalTECH

An employee of Hawthorne-based SpaceX , as well as an on-site health care provider at the SpaceX headquarters, have tested positive for COVID-19 , sending a number of employees into quarantine, according to a report from CNBC. Accordnig to CNBC, SpaceX is asking the employees it sent home to remain in quarantine for 14 days. The on-site health care provider, One Medical, reportedly is asking all of its healthcare providers showing symptoms to stay home and get tested immediately.

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Aparavi Opens Up Early Access

socalTECH

Santa Monica-based Aparavi , which develops data automation software and services, says it is opening up its platform for an early access release. The company said its customers and partners can join a new Early Access Program (EAP), which will enable them to access the company's software platform before it becomes generally available to the market, and also will qualify them for special pricing.

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Design Therapeutics Finds $45M

socalTECH

San Diego-based Design Therapeutics , which is developing therapies for patients with serious degenerative disorders caused by nucleotide repeat expansions, has raised $45M in a Series A financing round. The round was led by SR One, and also included Cormorant Asset Management, Quan Capital and WestRiver Group. The company said the funding will be used to to advance its lead therapeutic candidate into clinical development for the treatment of Friedreich's ataxia, and support advancement of its d

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