Mon.Nov 26, 2018

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SpaceX Aims Massive Satellite Launch At Vandenberg On Wednesday

socalTECH

Fans of SpaceX , the rocket launch and spacecraft company founded by technology mogul Elon Musk, have yet another opportunity to see SpaceX send a spacecraft into space from Southern California, as early as Wednesday. SpaceX said over the weekend that it is targeting a November 28th launch of Spaceflight SSO-A: SmallSat Express, from Vandenberg Air Force Base, which is north of Santa Barbara near the town of Lompoc.

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LA Auto Show

SoCal Tech Calendar

Sunday, December 2, 2018 -- LA Auto Show.Last year, the global show had 1,000 of the latest models, vehicle debuts, and concept cars on display and this year, the expectation is no different.

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Atar Capital Buys Canadian Technology Distributor Microcel

socalTECH

Los Angeles-based private equity investor Atar Capital said this morning that it has acquired Canadian technology distributor Microcel. Microcel is a distributor of technology products, and supplies Canadian big box retailers, electronic stores, e-commerce, and specialty outdoor stores, including Walmart, the Source, Best Buy, Amazon, and Indigo Books.

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Genetic Medicine: FDA OKs 2nd Cancer Drug that Targets DNA, not Tissues

Xconomy

Going deeper into the new world of genetic medicine, the FDA has for the second time approved a drug that targets a tumor’s DNA fingerprint, no matter where in the body that cancer is found. And more could be on the way. The drug is larotrectinib (Vitrakvi), from Loxo Oncology (NASDAQ: LOXO ), and it has been designed to knock out tumors in which a gene called NTRK has abnormally fused to another gene.

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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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How Kazuhm Is Reconnecting The Enterprise Cloud, With Tim O'Neal

socalTECH

If you're a large, enterprise company, in recent years, cloud computing has become an increasingly large--and expensive--piece of your information technology (IT) mix. Enterprise cloud budgets are growing astronomically as companies adopt many cloud techniques. However, most enterprises are overlooking an existing, in-house bank of computing resources--desktops and otherwise idle computers--which could help reduce the costs and give them more control over their cloud computing.

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Necessity Vs. Innovation-Based Entrepreneurs

Xconomy

What makes someone an entrepreneur? Most simply defined , an entrepreneur is a person who identifies a need and starts a business to fill that void. But others will argue that a “true” entrepreneur must come up with an innovative new product or service and then operates their business to sell and profit from that innovation. Under the broader definition are those people who become entrepreneurs out of necessity – starting their own business after losing a job, to supplement their income, or to g

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Silicon Beach Report Nov. 26: JPL InSight Lander Probe Reaches Mars

L.A. Business Journal

Netflix settles Satanic Temple lawsuit; Microcel acquired by Atar Capital; Caltech-led probe lands on Mars

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Brain Corp Powers New SoftBank AI Robot

socalTECH

San Diego-based Brain Corp , which is developing artificial intelligence software used for vision recognition and navigation in robots, is powering a new robot from Softbank Robotics largest investors is SoftBank, via its SoftBank Vision fund. READ MORE>>.

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ASH 2018: A Guide to the Latest for Blood-Borne Cancers and More

Xconomy

[ Note: Ben Fidler co-authored this report.] This weekend, San Diego will host the annual American Society of Hematology conference, the largest U.S. medical gathering to get the latest on blood diseases, and a venue for updates on some of the most cutting-edge biotechnologies that only a few years ago seemed like science fiction. Using the previews of major studies that were released earlier this month, we’ll dive into six of the diseases under scrutiny at ASH this year—leukemia and

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Wildfire Losses In California To Cost $400 Billion, Says Report

socalTECH

The devastating string of wildfires in California in 2018 will cause a total economic loss of $400 billion, according to numbers calculated by weather forecasting company AccuWeather. According to AccuWeather's Global Weather Center, it is predicting that total economic losses due to a string of devastating wildfires in 2018 will tally to $400 billion in 2018, which it says would make it the most expensive natural disaster in the history of the United States.

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To Show Off SD Startups, Investors Hit the Road with New TV Show

Xconomy

First there was “Comedians in Cars Getting Coffee.” Now four San Diego, CA-based investors are debuting “VCs in a Van,” a vehicle (no pun intended) meant to spotlight local companies ripe for funding. The show tracks the financiers—Neil Senturia, Tom Tullie, Mark Bowles, and Taner Halicio?lu—as they visit a handful of San Diego-based early-stage businesses seeking financing.

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Cylance Courts Consumers Via Amazon

socalTECH

Irvine-based cybersecurity software developer Cylance is making a push into the consumer market, saying last week that it has rolled out its Cylance Smart Antivirus software on Amazon, just in time for the holiday shopping season. Cylance said it has become part of the Amazon Electronic Software Downloads (ESD) program, which lets consumers purchase and install software on the fly.

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Seismic Taps Former ServiceNow Exec as CFO As It Aims to Go Public

Xconomy

Seismic, one of San Diego’s most prominent enterprise software companies, has tapped a member of the team behind one of the region’s most successful tech startup stories to prep for its own prospective market debut. The software developed by Seismic, part of the relatively new sales enablement industry, helps marketing and sales teams manage, automate and distribute personalized sales materials.

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FirstElement Fuel Inks Deal With Air Liquide For Hydrogen Fuel Cell Network

socalTECH

Irvine-based FirstElement Fuel , a company developing a network of hydrogen fuel cell fueling stations, says it entered into an agreement with Air Liquide, where Air Liquide will invest more than $150M for a new liquid hydrogen production facility to supply FirstElement Fuel's hydrogen stations. According to FirstElement Fuel, the $150M investment by Air Liquide will go toward a long-term supply agreement for its True Zero hydrogen station program.

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5 Business Warning Signs That Signal Ethical Exposure

Startup Professionals Musings

Based on my years of experience working with entrepreneurs, I strongly believe that most of you start your business with the highest of ideals, but have no idea how many situations you will face that don’t have clear-cut answers, or raise ethical dilemmas. For example, how should you handle a cash flow crisis, where you have to choose between paying a creditor and your employees?

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