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Los Angeles-based utility-scale solar power project developer 8minute Solar Energy says it is in a partnership with the Los Angeles Department of Water and Power (LADWP), to build a new, 4000MW solar energy plant near California City. According to 8minute, the project also includes up to 300MW/1200MWh (megawatt hours) of battery storage, which can be used to provide power when the sun is not shining. 8minute Solar Energy said the first phase of the project will start operations in 2022, with ful
Tesla CEO Elon Musk said Wednesday that the company will unveil its all-electric “cyber truck” Nov. 21 in Los Angeles near the serial entrepreneur’s other company SpaceX. The date just so happens to coincide with the LA Auto Show. However, this is a Tesla event and not associated with the auto show in downtown Los Angeles. Cybertruck unveil on Nov 21 in LA near SpaceX rocket factory. — Elon Musk (@elonmusk) November 6, 2019.
Here comes a controversial subject. How often do you take the time to rate your direct reports? Is it worth the time and effort when measured from the perspective of the company and of the employee? In terms of time, this can be expensive and disruptive to you and your direct reports. In terms of value…well let’s examine that. What metrics will you use to fairly evaluate each direct report?
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.
Our interview this morning with an entrepreneur is with Anthony Citrano , the founder of Los Angeles-based Acquicent (www.acquicent.com), a startup which wants to make it as easy for you to invest in museum-grade collectibles such as classic cars and art, without having to invest millions of dollars in those assets. Anthony previously was a VP at Verizon and EdgeCast.
Danielle Bernstein is just 27 years old, but she’s been running her own business for 10 years. First it was street-style photography, then came the launch of her popular fashion blog WeWoreWhat. Next she took to Instagram, a new social media platform that quickly became the most effective tool in a blogger’s toolkit. With new followers — today her account, @weworewhat , has 2.2 million — came opportunities to monetize her influence.
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In my role as a mentor to entrepreneurs and an angel investor, I find that too many are stuck in this myth that a good pitch, and good marketing content, should consist of more product features, and more hype on customer benefits. Naturally, these are important, but real winning content has to start with a story that excites people’s imagination, and pulls them in emotionally.
Los Angeles-based Parabol , a startup developing software management tools, used to manage the efforts of development teams, has raised $4M in a funding round, the company said this morning. The funding came from CRV, Haystack, and the SlackFund. The company--which moved here from Brooklyn, New York, but is mostly virtual--is led by founder and CEO Jordan Husney.
Companies continue to refine digital diagnostic tools for in-home healthcare at a rapid clip. The latest to launch is an at-home test for urinary tract infections from the Los Angeles-based startup Scanwell Health. The company was founded by Stephen Chen, who literally grew up in the diagnostics testing business. His family had built one of the largest manufacturers of urinalysis testing in the country and Chen’s earliest memories of work are standing on an assembly line putting together p
Thursday, November 14, 2019 -- Masters of Game Design Speaker Series w/ Voldi Way. Join WayForward's "Tyrannical Overlord" Voldi Way (Shantae series, Adventure Time, Duck Tales Remastered, TMNT, Aliens Infestation, Mighty Switch Force!, A Boy and his Blob and many, many more!) in a chat with NYFA's Scott Rogers (God of War, author of Level Up! The Guide to Great Game Design) as they discuss Voldi's career running one of the longest lasting independent game studios.
Irvine-based Kajabi , which develops a platform that helps both individuals, as well as small- and mid-sized businesses monetize online courses, training materials, and other content, has receive an investment from private equity investor Spectrum Equity. Financial details of the minority growth investment were not announced. Kajabi said the funding is its first institutional funding since it launched in 2010.
At last, it is here ! The truly self-driving car, no human behind the wheel! For the public! …A few hundred of them, in a closed beta, in a small corner of sun-drenched (never snow-drenched, almost never water-drenched) suburban Phoenix, five years later than some people were predicting six years ago. Few new technologies have ever been more anticipated and more predicted than the self-driving car.
Los Angeles-based Valence , which is developing a social network specifically for black professionals, has raised $2.5M in funding, the company said this week. The funding was led by Upfront Ventures, and also included funding from Sinai Ventures, Human Ventures, High Alpha and angels Paul Judge, Peggy Alford and Willie Alford. The company was co-founded by Upfront's Kobie Fuller, along with La Mer Walker and Emily Slade.
Five years ago, when the Los Angeles-based enterprise software startup Replicated first launched, it was one of a number of contenders looking to bring containerized software development tools to businesses. The company initially hitched its star to containerized software development toolkit, Docker, but over time developers began to migrate to another containerized software development platform — Kubernetes.
Foothill Ranch-based Bal Seal Engineering , a manufacturer of springs, seals, contacts, as well as other products for the medical, aerospace and defense, and industrial market, has been acquired by Connecticut-based Kaman Corporation , in a deal worth $330M in cash. Acording to Kaman, the acquisition will significantly expand and diversity its portfolio of products, and help it reach into high-growth and high-margin medical and industrial end markets.
Wrench , the Seattle-based on demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. The company’s round was led by Vulcan Capital with additional participation from Madrona Venture Group, Tenaya Capital and Marubeni Corp. Wrench is one of a growing number of companies that are using technology to adapt what had previously been infrastructure-heavy services closer to a more consumer-friendly, convenient business mode
Agoura Hills-based A2 Biotherapeutics , a biotechnology firm started by veterans of Amgen which is developing cell therapies for cancer patients, has raised $57M in a Series A funding round, the company said this week. The startup was founded by Scott Foraker and Alexander Kamb. The funding came from The Column Group, Vida Ventures, Samsara BioCapital and Nextech Invest.
Success in any business these days requires a constant flow of new and innovative solutions, to keep up with changes in the market, competition, and to attract new customers. Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing. I don’t believe these two objectives have to be mutually exclusive.
AstraZeneca says it will establish centers for drug research and artificial intelligence development in China. The pharmaceutical giant has also set up a $1 billion fund to foster biotech innovation in that country. The move – which was announced at the China International Import Expo this week – will see the AstraZeneca found a global R&D center in Shanghai’s central Jing’an district.
Los Angeles-based Ordermark , the restaurant software and services developer spawned out of LA's iconic Canter's Deli, has inked a technology and technology integration deal with Uber Eats , Uber's food delivery service, the two said on wednesday. According to the two, the partnership and technology integration will push Uber Eats orders to the Ordermark Dashboard, making it easier for restaurants to use Uber Eats and manage off-premise orders.
As a new business advisor and occasional investor, I get approached regularly by people who have a dream or a new business idea, and are looking for support and money to make it a reality. They are usually short on specifics required for execution , so I have to tell them that the idea is the easy part – and the real challenge is execution, even if someone gives you the money.
The doors have opened at a GE Healthcare-supported open-access lab for startups at AstraZeneca’s former global center for oncology research and development at Alderley Park, the largest bioscience research campus in the UK. The AstraZeneca (NYSE: AZN ) site in Macclesfield, UK, housed 3,500 staff and was instrumental in developing a number of its cancer drugs including tamoxifen (Nolvadex), goserelin (Zoladex), bicalutamide (Casodex), anastrozole (Arimidex), and gefitinib (Iressa).
In the world of business, network downtime delays employee productivity, which negatively impacts revenue streams. While it might be tempting to cut costs and use an inexpensive, shared network option, businesses will profit from investing in a private, network option. Dedicated Internet Access (DIA) is a high-bandwidth connectivity option that provides organizations with a reliable and secure internet connection dedicated to its needs via a private circuit direct to the internet.
Q-CTRL , a quantum computing startup started in Sydney, Australia, says it has set up a new, U.S. headquarters in Los Angeles. According to the company, it is looking to recruit quantum computing technologists as well as software engineers experienced in AI and machine learning here at its new location, where it says it will help serve its based of industrial and academic clients here in the United States.
You will be pivoting your business in your lifetime, whether you are a new startup, or a mature company like Motorola or IBM. You can count on it and plan for it, or you wait for the next survival crisis brought your way by this rapidly changing world. You can even give it a more elegant name, like “market-focused reinvention,” but it won’t be graceful if you don’t take the lead.
During the state of the union address this year, President Trump pledged to end HIV transmission within the next decade. A key part of that plan are HIV prevention drug made by Gilead Sciences. Those drugs have now become the center of a patent dispute between the Foster City, CA, drug maker and the federal government. This week, the government filed a patent infringement suit in federal court against Gilead (NASDAQ: GILD ).
Pasadena-based robot developer Miso Robotics is turning towards equity crowdfunding for its next fundraise, the company said this week. Miso--known for its kitchen assistant robot, Flippy--says it has started opening up reservations for a new equity crowdfunding round. The funding is also being supported by Wavemaker Labs, the "startup studio" arm of investment firm Wavemaker Ventures.
Los Angeles-based expense and invoice management software developer Chrome River has signed on a big new customer, enterprise software developer TIBCO Software. According to Chrome River, TIBCO will deploy its Chrome River EXPENSE software across its organization, replace an existing expense management solution. Financial impact of the customer win was not announced.
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