Elon Musk Sued By Thai Cave Diver

socalTECH

Technology mogul Elon Musk , the founder and CEO of Hawthorne-based SpaceX , has finally been sued by Thai cave rescue diver Vernon Unsworth, over statements Musk made on Twitter claiming that Unsworth was a "pedo" and "child rapist". elon musk thai rescue vernon unsworth defamation legal lawsuit

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Loot Crate Closes Warehouse, Lays off 150 Workers

L.A. Business Journal

which sells subscription boxes of apparel and collectibles, closed down its Vernon warehouse and laid off the facility's 150 workers this month Lincoln Heights-based retailer Loot Crate Inc.,

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Romeo Power Raises $4 Million for Electric Battery Venture

L.A. Business Journal

Vernon-based manufacturer Romeo Systems Inc. said Aug. 5 it secured a $4 million investment from HG Ventures to further develop energy-efficient lithium ion batteries

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Romeo Power Technology Finds $4M For EV Power Systems

socalTECH

Vernon, California-based Romeo Power Technology READ MORE>>. romeo power technology systems emobility electric vehicle lithium battery pack electronics venture capital

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Powering Forward: Romeo Power Breaks Mold on Car Batteries

L.A. Business Journal

In the quest to make electric battery packs as safe and energy efficient as possible, Vernon-based manufacturer Romeo Systems Inc., also known as Romeo Power Technology, plans to lead the way

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Romeo Power Raises $30M For Energy Storage

socalTECH

Vernon-based Romeo Power , a new startup focused on developing battery-based, energy storage, has raised $30M in a seed funding round. Soure of the funding was not announced. Romeo Power, led by founder and CEO Michael Patterson, claims it already has $65M in orders on the books for delivery in 2018. The company is developing cylindrical, Lithium-ion battery packs for use both in electric cars, trucks, buses, and forklifts, as well as for energy storage.

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UNX Gains $7.6M

socalTECH

and Vernon & Park Capital in November without an amount of funding. Burbank-based UNX , a developer of technology for the electronic trading and institutional investing market, raised $7.6M its recently announced strategic funding round, according to data from the PricewaterhouseCoopers/NVCA report this week. UNX had announced the deal with Goldman, Sachs & Co.

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UNX Gets Funding, Names CEO

socalTECH

and Vernon & Park Capital, along with un-named, current investors. Los Angeles-based UNX , a provider of technology for the electronic trading and institutional investing market, has scored a round of strategic funding and named a CEO, the firm said Tuesday. The funding came from Goldman, Sachs & Co. UNX said the new funding will go to support enhancing the firm's broker-neutral, electronic trading products and serviecs.

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Women are Gaining as the Best Entrepreneurs

Startup Professionals Musings

But there are exceptions, like Martha Stewart (Omnimedia), Ruth Furtel (Ruth's Chris Steakhouse), and Lillian Vernon, which make big money. I often get asked the age-old question (by men) of “Who are the best entrepreneurs, men or women?”

The Most Interesting Online Video Trend

Both Sides of the Table

But then the Harlem Shake went batshit crazy when Vernon Shaw of Maker Studios saw the video on Reddit and suggested that Maker should, well, make a video of the Harlem Shake in an office environment. This article originally appeared on TechCrunch. By now many of you know the Harlem Shake but what you may not appreciate is the broader trend behind the video and it has mirrored my general views on how TV will work in the future.

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The Male Lead as Entrepreneurs May Be Slipping

Startup Professionals Musings

But there are exceptions, like Martha Stewart (Omnimedia), Ruth Furtel (Ruth's Chris Steakhouse), and Lillian Vernon, which make big money. I often get asked the age-old question (by men) of “Who are the best entrepreneurs, men or women?” Women already believe they know the answer, so they never ask. I always try the diplomatic answer of “It depends”, but that doesn’t satisfy anybody. First, here are a few facts to set the stage.