Berkonomics
AUGUST 16, 2018
Markets and competitors change. Are you being left behind? Over the years, I have often heard the complaint from CEO friends that they have become so swamped by the demands of their growing businesses that they feel themselves further and further from the center of their industry, no longer at the forefront of information and competitive development.
L.A. Business Journal
AUGUST 16, 2018
Cryptocurrency investor Michael Terpin sues AT&T over “SIM swap” scam; Cargomatic raises $35M in series B round; Boeing acquires El Segundo-based satellite and flight-plan maker.
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socalTECH
AUGUST 16, 2018
How, exactly, did Santa Barbara-based Sonos get to where it is today? In an in-depth look, Wired just posted a long article charting the path of Nick Millington, the Chief Product Officer at Sonos , and the evolution of the company's whole home sound systems. Sonos just became the latest Central Coast company to have an IPO, one of a long string of successful technology startups to come out of the region.
SoCal Tech Calendar
AUGUST 16, 2018
Monday, August 20, 2018 -- South Bay Monday Club. Monday Club helps Southern California companies improve their business plan presentations and meet experts who can help them achieve their objectives. Email fredvmc@earthlink.net for more information.
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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
AUGUST 16, 2018
In our Insights and Opinions section, we regularly feature contributions from the local community about the local technology ecosystem. Today, we have an opinion piece from Ed Guerrero of Silicon Valley Bank, on the mobile gaming industry. One of the best things about working at Silicon Valley Bank in Los Angeles is the access to amazing founders and companies.
Xconomy
AUGUST 16, 2018
DoorDash has upped its valuation to $4 billion with a new $250 million financing round, five months after it raised $535 million to gain its “unicorn” status. The new $250 million funding round was co-led by Coatue Management and DST Global. CEO Tony Xu told Axios’ Dan Primack that the company hadn’t been actively seeking new financing. Instead, the company is characterizing the new money as a growth round—DoorDash said it has had 250 percent year-over-year growth and expects to oper
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
AUGUST 16, 2018
El Segundo-based Millenium Space Systems , a developer of small satellite systems, has been acquired by Boeing , Boeing said on Thursday. Financial details of the acquisition were not announced. Boeing said that Millennium Space Systems has approximately 260 employees. Millennium was founded in 2001, and was led by CEO Stan Dubyn. According to Boeing, Millennium Space Systems will become a subsidiary of the company, and will report to the company's Phantom Works division.
socalTECH
AUGUST 16, 2018
El Segundo-based Stamps.com said Wednesday afternoon that it has completed its $220M acquisition of UK-based MetaPack Ltd. , a provider of e-commerce shipping software. Stamps said it paid approximately $220M in fash, from its existing cash and investments, for MetaPack. The deal had originally been announced in July. According to Stamps.com, it plans to operate MetaPack as a wholly owned subsidiary, under its existing management team.
socalTECH
AUGUST 16, 2018
The Boring Company , the Los Angeles company founded by Elon Musk to create underground transportation systems, said late Wednesday evening that it is proposing a new, high speed, underground public transportation system specifically designed to connect Los Feliz, East Hollywood, or Rampart Village neighborhoods to Dodger Stadium. According to The Boring Company, the system would connect the Red Line to Dodger Stadium, allowing fans to get to Dodger Stadium in under 4 minutes.
socalTECH
AUGUST 16, 2018
Irvine-based cybersecurity software developer Cylance said today that it is looking to secure all of 2018's U.S. political campaigns, by offering up its software at no cost to political campaigns and candidates. Cylance cited an "unprecedented number of threats" to the democratic process. Cylance CEO Stuart McClure said that "It is clear that malicious actors are ramping up their activity in advance of the midterms, " continuing "we know malevolent hackers will exploit any vulnerability at any l
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