Tue.Dec 06, 2022

TuSimple, Navistar Terminate Joint Development Deal

socalTECH

San Diego-based autonomous trucking technology developer TuSimple and truck and diesel engine manufacturer Navistar said Monday that the two companies have ended their co-development deal. The two had signed the joint development deal in 2020. Reason for the parting of ways was not given; according to the companies, "The decision to end the development agreement does not preclude the companies from working together in the future."

AtlasJobs Wins Healthcare Operator

socalTECH

Los Angeles-based AtlasJobs, a developer of a white-label web and mobile app for talent acquisition, said it has signed up healthcare operator PAM Health as a customer. Financial details of the win were not announced. AtlasJobs said that PAM Health has a network of over 100 specialty hospitals and outpatient clinics across the United States. AtlasJobs is led by Dr. Jo Webber. atlasjobs healthcare health talent saas hospital outpatient

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ThreatHunter.ai Claims Bump In Cyber Attacks

socalTECH

Brea-based cybersecurity software developer ThreatHunter.ai says it has seen a "significant increase" in the number of cyber-attacks targeting organizations over the last 12 months. The company--which develops artificial intelligence (AI) powered cybersecurity products says its customers have seen a "dramatic increase" in attack attempts over the past year. The Orange County-based company did not provide any numbers of metrics to back its statement, however.

Slingshot Aerospace Picks Up $40.85M More For Space Tracking Systems

socalTECH

El Segundo, California and Austin, Texas-based Slingshot Aerospace announced this morning that it has raised $40.85M in a funding round, a Series A2 funding. The company--which develops orbital space tracking systems--said the funding was led by Sway Ventures and included participation from others, including C16 Ventures, ATX Venture Partners, Lockheed Martin Ventures, Valor Equity Partners, and Draper Associates.

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.