L.A. Business Journal

APRIL 2, 2020

Virgin Orbit will start making a "bridge ventilator" for partially recovered Covid-19 patients at its Long Beach manufacturing facility.

Long Beach 246

Long Beach 246

Berkonomics

APRIL 2, 2020

Surely, you’ve heard the buggy whip analogy. A business making those necessary items ignored the signs of progress and found itself without a market. Perhaps that happened to sword smiths upon the invention of the rifle, and certainly to the makers of cassette tapes upon the dawn of the CD. And CD’s with the advent of streaming. My stories of unexpected change.

Southern California 177

Southern California Examples Social Network Press 177

socalTECH

APRIL 2, 2020

Employees at six, Amazon Fulfillment Centers across Southern California have now tested positive for COVID-19, with centers in San Bernardino, Rialto, Hawthorne, and Glassell Park, including four all tested in the last 24 hours. According to a number of reports , the four latest cases were at Amazon's ONT2 fulfillment center in San Bernardino; LGB8 in Rialto; DLA8 in Hawthorne, and also an Amazon Prime warehouse in Glassell Park.

Southern California 124

Southern California Hawthorne Report 124

Xconomy

APRIL 2, 2020

Flagship Pioneering founder and CEO Noubar Afeyan didn’t know a global pandemic was in the cards for 2020 when he and his team laid out three new thematic areas of focus for the company last fall. One proved eerily prescient: The notion of “health security,” or the development of new products and therapies to treat health concerns before they arise or escalate.

Venture Capital 143

Venture Capital Capital Develop Development 143

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

socalTECH

APRIL 2, 2020

Foothill Ranch, California-based Fujitsu Frontech North America , which is a subsidiary of Fujitsu which provides technology and IT solutions, said it has acquired Texas-based Fulcrum Biometrics , a developer of biometric hardware, software, and solutions. Financial terms of the acquisition were not announced. Fujitsu Frontech said the move will help it boost its biometric authentication and access management solutions business.

Acquisition 124

Acquisition Software Help Technology 124

socalTECH

APRIL 2, 2020

Los Angeles- and St. Louis, Missouri-based SteadyMD , a developer of an online telehealth service which matches up people with their own, personal doctors they can access via video, text, and phone, has raised $6M in a Series A funding round, the company said this morning. According to the company, the funding was led by Pelion Venture Partners, and also included Next Ventures, First Trust Capital Partners, The Daube Family office, Crosscut Ventures, M25 Group, Wild Ventures, and Hyde Park Ventu

Los Angeles 124

Los Angeles Platform Funding Capital 124

socalTECH

APRIL 2, 2020

Santa Monica-based fintech startup Quid says it is offering up a way for users of pre-IPO companies who are in need of cash, or who have just been laid off, allowing them to access as much as 30% of the cash value of their private shares. According to the company, it charges 7 percent fix interest plus other fees to those employees for a cash advance.

Santa Monica 113

Santa Monica Equity Resource Design 113

socalTECH

APRIL 2, 2020

San Diego-based Inseego , the provider of 5G and IoT products, said this week that it is seeing "unprecedented" demand for its hotspots, as a result of the wholesale move to employees, students, and others connecting from home. The company--which just a few years ago was trying to sell off its hotspot business--said it is ramping up production of its 4G and 5G MiFi mobile hotspots and other wireless connectivity devices.

Demand 113

Demand San Diego Mobile Product 113