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NantStudios Launches Virtual Production Campus In El Segundo

socalTECH

El Segundo-based NantStudios--a new venture which is related to the "Nant" series of companies run by billionaire Dr. Patrick Soon-Shiong--said on Tuesday that it has launched a new "virtual production ecosystem and innovation campus" in El Segundo. NantStudios said it has created a 24,000 sq.

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Report: Major Cybersecurity Breach At El Segundo's PCM

socalTECH

According to a report, from Krebs On Security, El Segundo-based IT services provider PCM has seen a major breach , which allowed attackers to access multiple, client accounts hosted through PCM. The report says it believes the information was being used to conduct gift card fraud at various retailers and financial institutions.

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Airdrop Service Dash Delivers Proof of Concept

L.A. Business Journal

In the 10 months Joel Ifill worked at El Segundo-based Aerojet Rocketdyne Holdings Inc., he said he “never felt at ease” making precision kinetic weapons, better known as smart bombs.

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Endpoint Raises $150 Million for Escrow Tech

L.A. Business Journal

El Segundo-based Endpoint Closing Inc., a digital title and settlement services company, scored $150 million in funding from First American Financial Corp., its parent company.

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Basepaws Launches Cat DNA Testing Service

socalTECH

El Segundo-based Basepaws , a new DNA testing startup, says it is launching a brand new service which will offer direct-to-consumer DNA testing for cats, providing owners with information about the ancestry and health and habits of their pet. The company is formally launching its testing service at CES next week.

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Stamps.com Adds New International Shipping Services

socalTECH

El Segundo-based online postage provider Stamps.com said late Thursday that it has launched a new, international shipping service with GlobalPost, which will help ease its customer's uncertainty about possible international shipping disruptions due to the possibility of the United States leaving the Universal Postal Union (UPU).

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Insight Acquires PCM for $581M in Cash and Debt

L.A. Business Journal

El Segundo-based information technology services firm PCM Inc. will be acquired by Tempe, Ariz.-based based Insight Enterprises Inc. in a deal worth roughly $581 million.