Mon.Mar 20, 2017

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SpaceX Returns Dragon, And NASA Cargo, To Earth

socalTECH

SpaceX , the Los Angeles-based spacecraft and rocket developer led by Elon Musk, successfully returned a SpaceX Dragon capsule to earth on Sunday, full of 5,400 pounds of cargo from the International Space Station. The SpaceX Dragon departed the ISS at 5:11 a.m. ET on Sunday, March 19th, and splashed down in the Pacific Ocean at 7:52 a.m. PT. SpaceX says it is now transporting the Dragon to NASA.

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Silicon Beach Report March 20: SpaceX Studying Mars Mission Landing Sites

L.A. Business Journal

SpaceX studying Mars mission landing sites, Snap Inc. gets first buy rating from Wall Street firm, and Two Bit Circus develops VR and motion simulator.

Study 133
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Kelley Blue Book Expands Into Portugal

socalTECH

Irvine-based Kelley Blue Book , the online vehicle information and value provider, announced this morning that it is expanding into the country of Portugal. According to KBB, it has launched a new site at KBB.PT , which it says is its first international launch of the service. KBB said the international expansion is the first in a series of international launches planned for the service.

Sites 113
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TCVN VR Demo Night - Eat + Talk + Demo

SoCal Tech Calendar

Thursday, March 23, 2017 -- TCVN VR Demo Night - Eat + Talk + Demo. Virtual reality and augmented reality technologies are finding new ways to enhance our ability to perceive the world that surrounds us. At the TCVN VR Demo Night, VR/AR industry professionals will be on a panel to share current thoughts and challenges. Also, innovative companies will showcase and demo the latest in VR/AR technology.

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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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CALIENT Technologies Launches New Product

socalTECH

Santa Barbara-based optical switching equipment maker CALIENT Technologies has launched a new, optical switching product into the market, called the CALIENT S320 Optical Circuit Switch. CALIENT said it has already begun customer trials of the product with government and commercial data center operators. The company said the new switch is aimed at being used as a low latency optical us for data centers.

Product 113
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Waving White Flag, Cerulean Merges With Dare Bio, Sells Cancer Drugs

Xconomy

Cerulean Pharma may have been able to survive one brush with death, but the second has proven fatal. Today, the Waltham, MA, company announced plans to merge with a privately held women’s health company, Dare Bioscience , and sell off, for a pittance, the cancer drugs that were once its prized assets. Under the terms of the merger , current Dare stockholders will own anywhere from 51 to 70 percent of the combined company, depending on how much cash each of the two entities have when the deal is

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5 People To Avoid In The Search For An Ideal Investor

Startup Professionals Musings

Every entrepreneur seeking funding loves the challenge of getting customers and investors excited, but dreads the thought of negotiating the terms of a deal with potential investors. They are naturally reluctant to step out of the friendly and familiar business territory into the unfamiliar battlefield of venture capitalists from which few escape unscathed.

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Machinima Names New GM As Gutstein Leaves

socalTECH

Burbank-based Machinima said last week that it has named Russell Arons , Senior Vice President of Worldwide Marketing of Machinima owner Warner Bros. Interactive Entertainment, as General Manager, to take over from current CEO Chad Gutstein, who the company said is leaving to "pursue entrepreneurial projects." Gutstein has been CEO of Machinima since 2014.

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Murata Pays $68M for Arctic Sand, to Combine with Peregrine Semi

Xconomy

Japan’s Murata Manufacturing has acquired Arctic Sand Technologies of Burlington, MA, and plans to combine Arctic Sand’s low-power semiconductor technology with its San Diego-based subsidiary, Peregrine Semiconductor. The purchase price was $68 million, according to a Peregrine spokeswoman. Arctic Sand, an MIT spinout founded in 2010, has developed semiconductor technology that consolidates a number of board-level power components onto a single chip for use in mobile devices, data centers, and L

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Peregrine Semiconductor Buys Arctic Sand Technologies

socalTECH

San Diego-based Peregrine Semiconductor , which is now owned by Murata, has acquired Arctic Sand Technologies , a developer of low power semiconductors used for DC-DC power conversion. Financial details of the acquisition were not announced. Peregrine and Murata said the acquisition will help Murata in its power electronics efforts. Artic Sand was based in Burlington, Mass.

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Report: ShadeCraft Raises $2M For Solar Tracking Sunshade

socalTECH

Pasadena-based ShadeCraft , which is developing a "smart" sunshade/umbrella which tracks the sun, absorbs solar energy, and includes built in speakers, a camera, and smartphone charger, has reportedly raised $2M in a seed funding. Source and details of that funding have not been announced. The company is targeting its sunshade/umbrella for use at home, on the beach, and at outdoor activities.

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CALIENT Technologies Launches Into New Market

socalTECH

Santa Barbara-based optical switching equipment maker CALIENT Technologies has launched its optical switching product into a new market. CALIENT said its CALIENT S320 Optical Circuit Switch is in customer trials with government and commercial data center operators. The company said the switch is aimed at being used as a low latency optical us for data centers.

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SetPoint Medical Adds New Enterprise Associates As Investor

socalTECH

Valencia-based biomed startup SetPoint Medical announced this morning that it has received a new investment from New Enterprise Associates. Size of the investment, and details of the round, were not announced by the company. SetPoint said that NEA joins Morgenthaler Ventures, Boston Scientific, Topspin Partners, Medtronic, and GlaxoSmithKline's Action Potential Venture Capital Limited as an investor in the company.