socalTECH

DECEMBER 19, 2017

It looks like technology mogul Elon Musk is going to have to get himself a new phone number. Musk accidentally tweeted his phone number to all 16.7 million of his followers on Twitter on Tuesday, which he had meant to send via private message to just John Carmack, the current CTO of Oculus, which is now part of Facebook. Musk quickly deleted the post, but not before his phone number was captured my a great number of his followers.

SpaceX 133

SpaceX Technology 133

L.A. Business Journal

DECEMBER 19, 2017

Co-working firm Spaces grows L.A. County presence with 61,000-square-foot lease in Hollywood; CaliBurger launches facial recognition at restaurant; and Virgin Hyperloop One rebuffs a sale and instead took $50 million lifeline.

Hollywood 100

Hollywood Sales Report 100

socalTECH

DECEMBER 19, 2017

Los Angeles-based Virgin Hyperloop One confirmed on Monday afternoon that it has raised $50M in new funding, and namd Sir Richard Branson as Chairman of the company. The new funding, a Series C round, came from Caspian Venture Capital and DP World. Virgin Hyperloop One says it has now raised a total of $295M since it was founded in 2014. According to Branson, the new investment by Caspian and DP World will help it pursue opportunities in key markets in the Middle East, Europe, and Russia.

Funding 133

Funding Venture Capital Los Angeles Invest 133

Xconomy

DECEMBER 19, 2017

1. Ransomware: Social media will be the number one vehicle for ransomware distribution in 2018. Currently, there are nearly 1 million social media accounts compromised every day, and that number will continue to rise, thanks to the plethora of easily identifiable targets. And with new channels comes new costs: the average cost of a ransomware ticket will go up 50 percent next year.

Social Media 82

Social Media Artificial Inteligence Media Technical Review 82

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.

Company

socalTECH

DECEMBER 19, 2017

Want to start your very own wireless brand, without having to actually operate your own network? Los Angeles-based FreedomPop said on Tuesday that it has launched a new platform, which lets any telecom, cable company, or enterprise create its own, wireless brand. According to FreedomPop, the new platform lets customers create their own, mobile brand in only eight weeks.

Platform 124

Platform Mobile Los Angeles Custom 124

Startup Professionals Musings

DECEMBER 19, 2017

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Employees and customers alike are looking for meaning, not simply employment and commodity prices. Every company needs this focus to attract the best minds and loyalty in both categories.

Startup 59

Startup Organization Pricing Custom 59

Xconomy

DECEMBER 19, 2017

From products designed by artificial intelligence to virtual reality systems that help shoppers picture merchandise in their homes, retailers are deploying technology like never before this holiday season, betting that they can win business back from the default of online shopping. These innovations run the gamut, including sensors and cameras that can monitor in-store movements, smart fitting rooms that suggest a blouse or pair of shoes to go with the jeans you’re trying on, and robot sales ass

Artificial Inteligence 61

Artificial Inteligence Sales Technology Design 61

socalTECH

DECEMBER 19, 2017

Irvine-based Ingram Micro said today that it has acquired Cloud Harmonics , a provider of cybersecurity solutions for the U.S. and Canadian markets. Financial terms of the buy were not disclosed. Cloud Harmonics has locations in both San Jose, California, and Austin, Texas. Ingram said the buy specifically will help it bolster its presence in the security market.

Marketing 113

Marketing Help Acquisition Software 113

Xconomy

DECEMBER 19, 2017

From businesses and consumers to politicians and tech industry leaders, the furor over last week’s Federal Communications Commission (FCC) decision to repeal net neutrality can be felt across America. People everywhere are stepping up to show their support for a free and open Internet. In my view, the battle to preserve net neutrality is still very much alive.

.Net 58

.Net San Diego Company Companies 58

socalTECH

DECEMBER 19, 2017

Los Angeles-based online invitations service Evite said on Tuesday that it has acquired Fete , the developer of a mobile invitations app for iOS. Financial terms of the acquisition were not announced. According to Evite, Fete will be shutting down its services and inviting users to join Evite as part of the acquisition, which was an asset acquisition deal.

Evite 113

Evite Acquisition Los Angeles Mobile 113

socalTECH

DECEMBER 19, 2017

Monrovia-based Xencor , which develops biopharmaceuticals using engineered monoclonal antibodies for the treatment of autoimmune diseases, asthma and allergic diseases and cancer, said today that it has named Richard Ranieri to its Board of Directors. Ranieri is Executive Vice President of Human Resources and Corporate Affairs at BioMarin. He also has served at Denderon Corporation, Sepracore, Neurocrine Biosciences, Inc., Genencor International, and Smithkline Beecham.

Monrovia 113

Monrovia Resource Develop Development 113

socalTECH

DECEMBER 19, 2017

San Diego-based Luna DNA , a new genomic information startup based on the Blockchain protocol, and led by veterans of Illumina, sas it has raised $2M in a seed funding round. According to Luna DNA, the funding came from individual investors and former executives from DNA sequencing equipment developer Illumina. Luna DNA says it is developing a genomic and medical research knowledge base powered by the blockchain.

Seed Funding 113

Seed Funding San Diego Startup Knowledge Base 113