Fri.Nov 17, 2017

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Virgin Orbit Snags Defense Department Launch Contract

socalTECH

Mojave-based Virgin Orbit , the Richard Branson-backed space launch startup which spun out of Virgin Galactic, said on Thursday afternoon that it has received a contract from the U.S. Department of Defense. According to Virgin Orbit, the DOD has purchased a launch on its LauncherOne aircraft, with technology development payloads from the DOD's Space Test Program planning to launch on its rockets as early as January 2019.

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Silicon Beach Report Nov. 17: Hollywood Producer Plans to Fund Next Blockbuster with Cryptocurrency

L.A. Business Journal

Hollywood producer plans to fund next blockbuster with cryptocurrency, SpaceX Zuma launch slips again as teams investigate hardware issue and SpaceX expects government support for development of BFR launch system.

Hollywood 100
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SpaceX Abruptly Calls Off Launch Of Mysterious Zuma Payload

socalTECH

Adding to the mystery surrounding its planned launch of a super-secret payload, called "Zuma", into orbit, Los Angeles-based SpaceX says it has "decided to stand down" from the launch of the mysterious, top secret payload. According to SpaceX, it has instead decided to "take a closer look at data from recent fairing testing" for another customer. SpaceX said it will confirm a new launch date later.

SpaceX 124
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Startup Spotlight: Cyber Security, Car Care, and Reducing Grunt Work

Tech.Co

With the new iPhone X, biometric security was taken to the next level with FaceID to protect one’s personal and banking information. Each week, TechCo features tech startups that can help streamline your daily life. This week in Startup Spotlight, we found an affordable cyber security service for small businesses, biometric startup with facial recognition tech for businesses, car care for smart cities, a platform that will reduce the grunt work at marketing agencies, and more.

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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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Tortuga Logic, Co-Founded By UCSD, UCSB Profs, Raises $2M For Hardware Security

socalTECH

Tortuga Logic , a new startup focused on chip-level cybersecurity technology whose founders include professors from UC San Diego and UC Santa Barbara, has raised $2M in a seed funding, the company disclosed on Thursday. The seed funding came from Eclipse Ventures. Tortuga Logic, which is based in Palo Alto, was co-founded by UC San Diego alumni Dr. Jason Oberg, former UC San Diego postdoc researcher Dr.

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Stratim CEO Sees Future with Costly Driverless Cars, but Low Ride Fares

Xconomy

Like many tech entrepreneurs, Sean Behr had a young business that was popular with consumers, but was also losing money. So in February of 2016, he decided to refocus his San Francisco startup on the small, but unexpectedly profitable aspect of his service that could operate in the black. That pivot put Behr in a prime position to reflect on the coming sea change in the automotive industry—big fleets of autonomous vehicles—and carve himself a niche in it.

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6 Steps Required From A New Venture Dream To Reality

Startup Professionals Musings

It seems like everyone wants to be an entrepreneur and get rich these days. As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business reality. All the evidence says that over 99% fail to make that leap.

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Tray Finds Funding For Point-of-Sale Software

socalTECH

Santa Monica-based Tray , a developer of Android-based, point-of-sale (POS) terminal software, has raised a round of funding, according to lead investor Bonfire Ventures. Financial details of the investment were not disclosed. Tray, led by CEO and founder Peter Kellis, is developing point-of-sale software which easily integrates with existing POS solutions, aimed at use by multi-location chains.

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Bio Roundup: ICER Eyes Cost, Azar at HHS, Gates’s ALZ Cash & More

Xconomy

In our roundup this week, Alzheimer’s disease is in the news, thanks to billionaire Bill Gates and his personal pledge of $100 million toward R&D. That could equal the amount one startup hopes to raise in an IPO to develop drugs for Alzheimer’s and other brain diseases. If a treatment became available, could our health system handle it?

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