Thu.Aug 12, 2021

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Are you being watched at work?

Berkonomics

Your past and present experiences. Ever had a manager above you who said one thing and did another? At least once? Or in a pattern of repeats? Well, you’re not alone. Did you think less of that person for it? Would you follow that manager to the ends of the earth? Well, almost everyone has had multiple such experiences with a senior manager. And most people think less of that person than before.

Examples 156
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Slingshot Aerospace Rolls Out Satellite Collision Avoidance Effort

socalTECH

El Segundo, California- and Austin, Texas-based Slingshot Aerospace says it is rolling out a new collision avoidance and communications platform for space, which it says will help spacecraft owners and operators communicate and collaborate. According to the company, its new product, Slingshot Beacon, will be piloted by OneWeb, Spire Global Inc., Orbit Fab, and others, which aaccount for 53 percent of the satellite constellations in low earth orbit (LEO).

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Jukin Media Acquired By Trusted Media Brands

socalTECH

Los Angeles-based viral video licensing company Jukin Media has been acquired by Trusted Media Brands, the parent company of Reader's Digest, the companies said on Thursday. Financial terms of the cash deal were not annoucned. Jukin Media specializes in finding viral video clips, and then working with the creators of those videos to handle licensing of those clips to media companies.

Media 113
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Citadel Defense Scores $6M From DoD

socalTECH

San Diego-based Citadel Defense, which develops counter-drone technology, reported on Thursday that it has scored a $6M contract from an un-named, U.S. Department of Defense customer. According to the company, the contract covers its AI-enabled solution to detect, classify, track, and defeat drones. The company said the exact customer at the DoD was classified.

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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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Clearlake Capital Backs RSA

socalTECH

Santa Monica-based private equity investor Clearlke Capital Group says it has made a strategic, equity investment in RSA Security, which develops encryption, cybersecurity, risk and compliance, and other related software. Financial details of the investment were not announced. According to Clearlake Capital, the investment makes it an equal partner with prior investor Symphony Technology Group.

Capital 113
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JUNO Snags $3.5M For Collaborative Learning

socalTECH

San Diego-based JUNO, a company developing collaborative learning software for virtual environments, says it has raised $3.5M in a seed funding. The funding came from Jerry Murdock, co-founder of Insights Partners, and Walter Scott of TeamViewer. According to the company, it is developing software that connects and educates people in virtual environments.