L.A. Business Journal
AUGUST 24, 2020
After going through a difficult breakup, Elle Huerta created what she thought she and others in her situation needed: an app for women who had recently split from their partners.
TechCrunch LA
AUGUST 24, 2020
Amanda Milligan. Contributor. Share on Twitter. Amanda Milligan is the marketing director at Fractl , a prominent growth marketing agency that’s helped Fortune 500 companies and boutique businesses alike earn quality media coverage, backlinks, awareness and authority. More posts by this contributor. We throw away 80% of our content ideas, and you should too.
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L.A. Business Journal
AUGUST 24, 2020
Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.
socalTECH
AUGUST 24, 2020
Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. The deal is reportedly worth around $7 billion, according to Bloomberg. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. Bloomberg cited "people with knowledge of the matter" for the report.
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.
L.A. Business Journal
AUGUST 24, 2020
Miso Robotics Inc., the Pasadena-based robotics and artificial intelligence company, has appointed tech veteran Michael Bell as its new chief executive.
socalTECH
AUGUST 24, 2020
Irvine-based Menlo Micro , a developer of micro-electro-mechanical (MEMS) devices used for radio frequency switching, has emerged as one of the two leaders in RF MEMS switching, according to a report from the IEEE Spectrum. The company--a spinoff of GE Ventures--reportedly now has 30 customers in aerospace, military, and wireless-infrastructure industries.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
AUGUST 24, 2020
Orange County-based Happy Money , which is backed by. Anthemis Group, Tencent Holdings and CMFG Ventures, says it is launching a free, 6-week wellness course it calls "Peace". According to Happy Money, the free course uses cognitive behavioral therapy, positive psychology, and psychometrics to help people understand and reduce the impact of financial stress on their lives.
L.A. Business Journal
AUGUST 24, 2020
TikTok is ramping up its marketing efforts in the face of a potential ban in the United States and data security investigations in Europe.
socalTECH
AUGUST 24, 2020
Los Angeles-based TikTok-rival Triller announced on Monday afternoon that it is in a strategic alliance with music streaming service JioSaavn , which it says is India's largest music streaming service. According to Triller, JioSaavn will soon be embedding Triller into its service, automatically showing a Triller music video when a music video is watched within the JioSaavn streamer.
Xconomy
AUGUST 24, 2020
The FDA has authorized the use of plasma from people who have recovered from infection by the novel coronavirus as a treatment for hospitalized COVID-19 patients, a move widely perceived as influenced by political pressure given the lack of clear evidence of clinical benefit. Treating patients with plasma—the water, salts, and proteins that make up the liquid part of blood in which blood cells and platelets are suspended—from those who have recovered from the infection is an approach
socalTECH
AUGUST 24, 2020
Los Angeles-based Spaces , which had been developing in-person locations to experience virtual reality, has reportedly been acquired by Apple. A report, from Protocol, said the acquisition came after Spaces announced a shutdown of its services last week. Spaces offered up in-person, virtual reality experiences for theme parks and other retail spaces--which all had been shut down due to the pandemic.
Startup Professionals Musings
AUGUST 24, 2020
Many experts will tell you that you can’t succeed as a part-time entrepreneur, as any good startup will require a 100 percent commitment of your time and energy. But not many of us have enough savings to live for a year or more without a salary, fund the startup, and still feed the family. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue.
socalTECH
AUGUST 24, 2020
Los Angeles-based WeRecover , a venture backed company that connects consumers with mental and behavioral health resources, said last week that it is in a strategic partnership with CCAPP, the California Consortium of Addiction Programs and Professionals. WeRecovers said it will offer up its new "digital assistant" product, Wendi, to CCAPP's members.
L.A. Business Journal
AUGUST 24, 2020
TikTok filed a complaint in federal court disputing the Trump administration’s efforts to ban the platform’s U.S. operations.
socalTECH
AUGUST 24, 2020
Huntington Beach-based Rocket Lab is hoping to get back into the air, after the failure of a mission in July, saying it now hopes to launch a new commercial mission sometime around August 27th. Rocket Lab saw a launch failure on July 4th, when an electrical connector detached one its Electron rocket, apparently due to thermal expansion and contraction.
socalTECH
AUGUST 24, 2020
Los Angeles-based Oblong , which develops products to help with telepresence and collaboration, says it has scored a major order for its Mezzanine product. Financial details of the win were not announced, however, Oblong said a "multinational branded consumer products company" selected the company's system, and will deploy it across 16 cities in 10 countries.
socalTECH
AUGUST 24, 2020
San Diego-based Connect Biopharma , which is developing biopharmaceuticals for treating atopic dermatitis and ulerative colitis, has raised $115M in a Series C funding, the company announced Monday morning. According to the company, the round was led by RA Capital Management, and also included Lilly Asia Ventures, Boxer Capital, and HBM Healthcare Investments, plus existing investor Qiming Venture Partners.
socalTECH
AUGUST 24, 2020
Los Angeles-based Terrakan said today that it has launched an online platform, aimed at helping homeowners and realtors to generate reports, perform listing research, and network with other people. The company is targeting real estate developers and investors, single family buyers, owners, or "flippers", and others with its service. The company's website says it currently only serves Los Angeles.
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