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SpaceX Acquires Swarm Technologies

L.A. Business Journal

SpaceX has agreed to purchase Swarm Technologies, which designs small satellites to manage internet-of-things services.

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Heliogen Raises $108 Million for Solar Energy Technology

L.A. Business Journal

Pasadena-based energy technology company Heliogen Inc. has raised a total of $108 million in two funding rounds to help develop its industrial solar energy technology, the company announced June 15.

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Technology, Politics Makes Strange Bedfellows For NationBuilder

socalTECH

What happens when technology startups and the nation's political machine collide? A report from the Wall Street Journal says that the firm--founded by Democrats, but which supplies it online services to anyone--has run into issues with Democratic groups after they found it was supplying its online software to Republican candidates.

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USC Launches Media Lab

socalTECH

The University of Southern California is looking to tie together technology and media, saying Thursday that it has launched a new Annenberg Innovation Lab as part of the USC Annenberg School for Communication & Journalism. Tags: networking social journalism communications media annenberg. READ MORE>>.

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io/LA Shuts Down

socalTECH

The loss was first reported by the LA Business Journal. io/LA was best known for being co-founded by former Myspace Chief Technology Officer Aber Whitcomb; the space was hoping to bring together both the technology and entertainment industry in its space. io/LA had only been in the space since April of last year.

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FaceCake Gets Funding For Virtual Dressing Rooms

socalTECH

Calabasas-based FaceCake Marketing Technologies , a developer of 3-D, virtual dressing room technology, has raised a round of funding from XG Ventures, a Silicon Valley venture firm whose founders are former Google execs. The funding round was first reported by the Wall Street Journal Tuesday morning.

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Interview with Tom Grasty, Stroome

socalTECH

The Knight News Challenge is a contest which highlights digital news experiments and technology, and is closely watched by those in the news industry. We saw that we had traction in the journalism and news organization marketplace, so we concentrated on that area. Were you able to get over that technology hurdle?

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