Berkonomics

AUGUST 31, 2017

Time bankruptcy results from the deliberate over-commitment of core resources. Close. You’d know the symptoms, if not the name. You’re fighting to put out the fires from customer complaints, or incomplete work, or are suffering from an inability to focus upon new development or new customers before cleaning up the mess inside your organization. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a yo

Resource 243

Resource Custom Customer Software 243

socalTECH

AUGUST 31, 2017

Irvine-based Oomba , which develops cloud-based, e-sports tournament software, said on Thursday that it has acquired GameWorks , the operator of a national chain of entertainment centers. Financial details of the acquisition were not disclosed. According to Oomba, it will use the buy of GameWorks to bring its vision for location-based e-sports and VR experience to locations across America and beyond.

Entertainment 127

Entertainment Acquisition Software Develop 127

L.A. Business Journal

AUGUST 31, 2017

SpaceX pod reaches 220 miles per hour in Hyperloop, Sims pioneer Rod Humble takes over Jam City’s TinyCo studio and Faraday Future’s name removed from Formula E team.

SpaceX 100

SpaceX Report 100

socalTECH

AUGUST 31, 2017

Los Angeles-based StartAJob says it has launched a new, online job search portal, which helps connect people with part-time, freelance, and full-time positions, and also allows clients to hire local contractors, painters, electricians, and home renovators. The startup is led by CEO Max Chester, and says its site revolves around letting clients post photographs and videos of their projects, and receiving bids from contractors.

Los Angeles 124

Los Angeles Sites Startup Funding 124

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

Xconomy

AUGUST 31, 2017

In his first public appearance since leaving Google Ventures, Bill Maris said Wednesday his new venture fund, Section 32, is nearly fully invested—less than four months after he officially unveiled its existence in the San Diego area. In a keynote talk at a venture summit in San Diego, Maris said Section 32 already is looking to raise a second fund.

San Diego 88

San Diego Funding Google Invest 88

socalTECH

AUGUST 31, 2017

SpaceX has demonstrated speeds of 220mph (355 km/h) using its "pusher pod", according to Elon Musk, just days after students in the Hyperloop Pod Competition took one of their own pods up to a record of 201 mph earlier this week. According to Musk, he expects that the company will be able to take the pods up to 500 km/h, or half the speed of sound, with just a few modifications to the company's design.

SpaceX 124

SpaceX Competition Los Angeles Design 124

socalTECH

AUGUST 31, 2017

The Precellerator Program , the startup accelerator run by Stubbs Alderton & Markiles, LLP, has set the demo day for its sixth class, saying that Animate Objects , RentSpree , Tapp That App , and Swoppit will show off their companies to investors and other entrepreneurs. Stubbs Alderton & Markiles said the program will be held on September 13th.

Class 113

Class Platform Entrepreneur Startup 113

socalTECH

AUGUST 31, 2017

In a move first spawned out of the Disney Accelerator in Burbank a few years ago, robotic toy developer Sphero announced a new set of robotic toys in its partnership with Disney, including a faithful-looking and -sounding reproduction of R2-D2. According to Sphero, it is rolling out two new robotic toys, R2-D2 and BB9-E, a new droid from "The Last Jedi".

Burbank 113

Burbank Develop Development 113

socalTECH

AUGUST 31, 2017

Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. According to InvestCloud, Stage will take up residency at the center to take advantage of its facilities and abiltiy to add value to its portfolio companies.

Artificial Inteligence 113

Artificial Inteligence SaaS Los Angeles Venture Capital 113

socalTECH

AUGUST 31, 2017

Irvine-based Western Digital said this morning that it has rolled out what will be the largest, microSD card available in the world, a new, 400GB memory card, from its SanDisk brand. The new microSD card--which was rolled out along with a number of other product announcements from the company--is double the capacity of Western Digital's largest, previously available card, which was 200GB.

Pricing 113

Pricing Mobile Product Company 113

socalTECH

AUGUST 31, 2017

Irvine-based Accurate Background , a provider of background check and automated screening services for employers, says it has added a new, 40,000 square foot office building at its Irvine headquarters. The company said the new facility will support current and future client growth. READ MORE>>.

Screening 100

Screening Services Orange County Company 100

socalTECH

AUGUST 31, 2017

Los Angeles-based Faraday Future has pulled out of the Formula E, all-electric racing series, as it continues to pull back its (once) extravagant marketing and focus more on developing its product. Faraday Future had just joined the circuit last summer in a deal with Dragon Racing. Faraday Future is reportedly looking to save cash by pulling out of the series.

Los Angeles 100

Los Angeles Report Marketing Product 100

socalTECH

AUGUST 31, 2017

Los Angeles-based fintech investor Core Innovation Capital has backed a new startup, Bestow , which is developing an algorithm-driven, on-demand, life insurance platform. Bestow, based in Dallas, Texas, said it raised $2.5M yesterday, in a round led by New Enterprise Associates, and also included Core Innovation Capital, Morpheus Ventures, and 8VC. READ MORE>>.

Demand 100

Demand Capital Startup Los Angeles 100