socalTECH
JULY 11, 2019
Santa Monica-based on-demand scooter company Bird is in an expansion in Europe, and has opened up an office in Paris, with plans to hire up to 1,000 people in the city, according to the company. Bird said that the new office will be its largest European hub, with employees there hadling operations, government partnerships, legal, marketing and communications.
Berkonomics
JULY 11, 2019
Are you a virtual manager? Can you be effective if you are a “virtual” manager, commuting from home or a home office and being with your employees only part time? Measuring your performance. In a virtual environment, people measure you mostly by your actions, and remember only the most recent good work you’ve done for them and for the organization. The typical scenario for a virtual manager.
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socalTECH
JULY 11, 2019
Camarillo-based Semtech , which develops analog and mixed signal semiconductors, has scored another design win for its LoRa wireless technology. According to Semtech, Hangzhou Water Meter Co. (HWM), Ltd. has incorporated its LoRa technology into a "smart water metering" product. Shipment volumes and financial impacts of the win were not announced. Semtech's LoRa wireless products allow for the low power transmissions of wireless data, and have become popular with Internet-of-Things (IoT) and oth
SoCal Tech Calendar
JULY 11, 2019
Wednesday, July 17, 2019 -- El Segundo Tech and Aerospace Networking @ Smoky Hollow Tasting and Taproom. Join us for South Bay Tech and Aerospace Happy Hour in Hermosa Beach! We are building Aerospace and Tech community in the South Bay. See [link].
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.
socalTECH
JULY 11, 2019
Despite public pronouncements about big expansion plans today , Santa Monica-based on-demand scooter startup Bird is reportedly burning through cash, and is now seeking $300M more in funding, according to a report published on Thursday. The report--from The Information--says that despite raising $700M in funding over a year and a half, Bird now has less than $100M left due to its burn rate and revenues of only $15M.
L.A. Business Journal
JULY 11, 2019
LauncherOne test successful; Lions Gate links with TF1; Bird raising additional $300 million
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
JULY 11, 2019
Amgen and Novartis are stopping work on an experimental Alzheimer’s disease drug after an early look at clinical data showed worsening cognitive function in patients. The interim results announced Thursday were part of a pre-planned review of data from two pivotal clinical trials testing the drug, umibecestat. Based on that review, Amgen (NASDAQ: AMGN ) and Novartis (NYSE: NVS ) said that they are discontinuing further development of the drug because its potential benefit does not outweigh the r
socalTECH
JULY 11, 2019
Los Angeles-based Chrome River Technologies , which develops expense and invoice management software, has scored a big win with Nutriend, Ltd., which the company says is the world's second-largest fertilizer manufacturer. Financial impact of the customer win were not announced. Chrome River said it was chosen to upgrade the expense submission and approval process for a workforce of 20,000.
Xconomy
JULY 11, 2019
Donald Trump’s criticism of high drug prices began during the 2016 presidential campaign and continued into his presidency, most famously when he said just before his inauguration that drug companies were “ getting away with murder.” This week has underlined the gap between the administration’s rhetoric and results. Most strikingly, the White House said last night that Trump has killed a high-profile proposal to eliminate drug rebates from government insurance plans, an i
socalTECH
JULY 11, 2019
Long Beach-based Virgin Orbit , the small satellite launch service startup backed by Sir Richard Branson, said it conducted its first successful "drop test" release of a rocket from its modified 747. According to Virgin Orbit, the "drop test", from 35,000 feet, is the next step along its development of its small satellite launch service, which it has been working on for four years.
socalTECH
JULY 11, 2019
For today's video interview, we spoke with Ian Chen , the co-founder and CEO of Discotech , a Los Angeles area startup which has developed a service for bottle service booking, discounted tickets and more to clubs and nightspots. Ian tells us about his journey from the world of private equity to the life of a startup entrepreneur. READ MORE>>.
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