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In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. The twenty year old fusion energy technology developer TAE Technologies said its reactors could be operating at commercial scale by the end of the decade, thanks to its newfound ability to produce stable plasma at temperatures over 50 million degrees (nearly twice as hot as the sun), T
El Segundo, which sits on the airport’s southern edge, last month sent in comments opposing LAWA’s proposal to add two new terminals as part of the Airfield and Terminal Modernization Project.
Irvine-based property information provider CoreLogic said on Wednesday that its shareholders have approved the go-private, private equity acquisition of the company by Stone Point Capital and Insight Partners. The two private equity companies will pay $80.00 per share in cash for CoreLogic. The deal is worth $6 billion in total. CoreLogic said it is being advised by financial advisor Evercore in the deal, with legal advice from Skadden, Arps, Slate, Meagher & Flom LLP.
If you are a new business owner or entrepreneur, you are likely to be creative and willing to take a risk , and you probably assume that most potential team members have the same mindset. Unfortunately, the reality is that not everyone has that mindset, and one of your toughest jobs is to find the right hires to make your business a success. In these days of rapid change, the pandemic, and worldwide competition, you need to make sure your entire team is customer-focused, innovative, and always l
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.
Especially for social media-based businesses, we all need to recalibrate our thinking about who is the teacher and who is the student. There is nothing wrong with a manager slowing a conversation to ask for more background when speaking to an often-younger and more involved associate. You know what I mean… The conversation goes something like this: “We found it on x site and using y app with z as our data object.”.
Welcome Tech , which has built a digital platform aimed at immigrants and their families, has raised $35 million in a Series B funding round co-led by TTV Capital, Owl Ventures and SoftBank Group Corp.’s SB Opportunity Fund. Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital also participated in the financing, which brings the Los Angeles-based company’s total raised to $50 million since its 2010 inception.
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Welcome Tech , which has built a digital platform aimed at immigrants and their families, has raised $35 million in a Series B funding round co-led by TTV Capital, Owl Ventures and SoftBank Group Corp.’s SB Opportunity Fund. Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital also participated in the financing, which brings the Los Angeles-based company’s total raised to $50 million since its 2010 inception.
Another legal challenge has been launched against a project by downtown-based water infrastructure company Cadiz Inc. to pump and transport water from its desert aquifer.
Los Angeles-based real estate developer Caruso says that it is now allowing its tenants to pay rent--both residential and retail properties--in Bitcoin, in a partnership with a company run by Cameron and Tyler Winklevoss. According to Caruso--whose develops include The Grove and The Americana at Brand--it will allow its tenants to pay rent in Bitcoin, subject to applicable laws.
As a logical and data-driven business advisor, I have long focused on facts, technology, and quantifiable pain in guiding entrepreneurs. Yet, these days, I am seeing overwhelming evidence that customer buying decisions, especially with consumers, are often based on emotional and psychological factors , including passions from others, your experience, and social relationships.
How we usually do this in our businesses. The best managers we all know are the ones who take the time to praise good work in public, before an employee’s peers. Most of us have a monthly award for the top person in a group of employees. And if we are big enough to formalize the process in a regular meeting, we make it a regular part of that meeting.
Modern networks require secure setups to ensure mission-critical data and sensitive communications are private and protected from outside parties looking to steal or access information being transmitted. While every organization should have secure networks, the stakes are higher in some industries than others. Here are industries that stand the most to gain by leveraging secure networks: .
Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates Inc. and OMERS Growth Equity. The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6 billion. Clio last raised in September of 2019 when it brought in $250 million in a Series D financing.
Tagger Media, the Santa Monica-based developer of a software platform for influencer-based marketing campaigns, has raised $8.5 million in Series A funding.
For today's interview, we spoke to Dave Eastman, the Director of the Viterbi Startup Garage, a startup incubator that is run by the University of Southern California, out of its location in Marina Del Rey. Dave told us a bit more about the Viterbi Startup Garage and several other associated efforts there at USC centered around the startup ecosystem.
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. They run into difficulty when their business reaches the $1-2 million annual sales range, or their employee count exceeds 5-10. It’s here that entrepreneurs must shift their thinking from tactical and operational, to strategic and managerial.
A story of a CEO attuned to creating great company culture. A CEO friend of mine who managed her one-hundred-person remote workforce as a virtual company told me her story of how she welcomed new employees as she grew her firm. Strike that. She over-welcomed her new employees. Preparing for the new employee. Days before the official start date, she made sure that the new employee’s business cards arrived in the mail, that the employee’s phone and Internet services were up and running, and that
Founder Showcase, organized by the world’s largest pre-seed startup accelerator Founder Institute, takes place tomorrow, April 28, from 10am to 1pm U.S. Pacific Time. Those interested can register at no cost here. Founded in 2008, the virtual event features hundreds of […]. The post GAN CEO Patrick Riley to Keynote Founder Showcase appeared first on StartUp Beat.
E-commerce is booming, but among the biggest challenges for entrepreneurs of online businesses are finding a place to store the items they are selling and dealing with the logistics of operating. Tyler Scriven, Maxwell Bonnie and Paul D’Arrigo co-founded Saltbox in an effort to solve that problem. The trio came up with a unique “co-warehousing” model that provides space for small businesses and e-commerce merchants to operate as well as store and ship goods, all under one roof.
San Diego-based workplace productivity software developer ClickUp reported this morning that it has been selected by the San Diego Padres, to power the team's IT operations. Financial details of the win were not announced. ClickUp is led by founder and CEO Zeb Evans. ClickUp said that the Padres will use its platform to organize, manage and track all team tasks, goals, docs, communications and more.
Based on my own long experience in business, team satisfaction, engagement, and productivity continues to be a challenge. According to consistent feedback over the past several years, even in the best companies, employees seem stuck at less than 40 percent happy and "fully engaged.” That’s a huge opportunity for productivity in your business, as well as your team well-being.
Plans do not often work as devised. . We are not always smart about the market or the product. We may miss the context of the times and come to market too soon or too late. We might not have researched the market diligently or used a focus group or other market research. Well, the good news is that great teams are not bound by their original product or marketing plan.
Wavelength services are a good match for small and medium-sized telecom companies looking for cost-effective, reliable, and highly private connectivity to support their customers. . Under this network type, carriers lease a wavelength of light along a fiber optic cable to transmit data. The service is fully managed by a network service provider, helping free up internal IT teams to focus on more important tasks, such as growth projects.
A security lapse at online grocery delivery startup Mercato exposed tens of thousands of customer orders, TechCrunch has learned. A person with knowledge of the incident told TechCrunch that the incident happened in January after one of the company’s cloud storage buckets, hosted on Amazon’s cloud, was left open and unprotected. The company fixed the data spill, but has not yet alerted its customers.
Los Angeles-based Wemo, the home automation and Internet-of-Things (IoT) brand owned by Belkin International, says it has launched a new product, the Wemo Stage Scene Controller. The new device--which mounts on a wall--lets users manage and control "scenes" for lighting, entertainment, security, and temperature in their homes. The device connects to the HomeKit home control system, letting users active up to six customized HomeKit scenes (i.e. movie night, bedtime, energy saving), according to t
Entrepreneurs have to know when and how to say ‘no,’ and be good at delivering the message. All startup leaders are besieged with requests for their time, attention, talent, money, or influence, and sometimes even good requests won’t fit into the time and energy you have available. Startups require focus, so you need to say ‘no’ to some things, in order to do the important things well.
It doesn’t happen by accident. Not every new game-related site is a Steam, and surely not every social network is a Facebook. And not every texting application is a Twitter. A story of an app from nowhere to near dominance. Then how did Discord “suddenly” become so hot that even Microsoft was rumored to want to buy it for staggering amount? Discord is a great example of a company going viral mostly from word of mouth.
Wavelength services are a good match for small and medium-sized telecom companies looking for cost-effective, reliable, and highly private connectivity to support their customers. . Under this network type, carriers lease a wavelength of light along a fiber optic cable to transmit data. The service is fully managed by a network service provider, helping free up internal IT teams to focus on more important tasks, such as growth projects.
Just 21 months ago I couldn’t have jogged 2 miles in under 20 minutes and now I can run 3 miles in 21 minutes or more to the point I can pretty easily run 7.5 miles in an hour. I’m not super human and while I’m a decent athlete I wasn’t born with super genetics, extra doses of motivation or an unusual ability to tolerate suffering. I was in pretty good athletic shape until 35 but after kids, starting my own companies, travel and age I slowly lost the habit of working out enough to consider mysel
Triller Network, the owner of the Triller social media app and several streaming businesses, announced April 14 that it had acquired live event and pay-per-view platform Fite and had reached an agreement to purchase software developer Truverse Inc., doing business as Amplify.ai.
Carlsbad-based satellite communications company Viasat says it is in a collaboration with 19Labs, founded by former Apple, Samsung, and Qualcomm executives, on a new, telemedicine and remote patient monitoring solution. According to ViaSat, it is working with 19Labs to allow patients, clinicians and healthcare providers can securely connect and share healthcare information even in hard-to-reach communities.
If you are a young startup founder, how do you find that CEO or other executive for your “dream team” to close on funding or complement your skills to kick start your company? It makes logical sense to scour the job boards, engage an executive recruiter, or scan the networking sites like LinkedIn for a good array of candidates, and then interview the ones with the best resumes.
Zwift has raised a total of $620 million. The company plans to use this funding to further develop its app as well as Zwift-branded hardware, which it sells online.
Hyperloop Technologies Inc., doing business as Virgin Hyperloop, is testing a prototype of a transportation system that could carry passengers through nearly airless tunnels at speeds reaching 700 mph.
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