TechCrunch LA
JANUARY 3, 2023
The Housing Authority of the City of Los Angeles, or HACLA, has confirmed it is investigating a cybersecurity incident shortly after the LockBit ransomware gang claimed responsibility for a cyberattack on the agency. HACLA, which provides affordable housing to more than 19,000 low-income families across Los Angeles, was added to LockBit’s dark web leak site on December 31.
Berkonomics
JANUARY 5, 2023
Public companies looking to acquire your growing enterprise usually have a few financial measures that help them weed out those candidates that will be too expensive in terms of effort or of too little financial attractiveness. The first rule: 10/40: One of my company CEOs recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises.
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Startup Professionals Musings
JANUARY 1, 2023
Welcome to another challenging new year ahead! You’ve probably already made your resolutions for 2023, but if not, I suggest a renewed commitment to finding happiness and satisfaction in your chosen business lifestyle. After all, most of us spend more hours in this role than any other, and life is too short to spend most of your life unhappy. As a mentor to entrepreneurs and business owners, and seeing their workload and challenges, it would be easy for me to conclude that starting a business is
socalTECH
JANUARY 6, 2023
Los Angeles-based Spotter, which connects creators with funding to develop content for brands and businesses, and media agency Havas Media Group (HMG) North America said today that the two are in a new partnership. Financial details of the deal--which will fund more investments in YouTube creators--were not announced. Spotter says it provides YouTube creators with capital from brands and businesses, allowing those creators to "reinvest those funds however they choose, from hiring a team, to buil
Advertiser: Aggregage
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.
TechCrunch LA
DECEMBER 31, 2022
Shared electric scooters came onto the scene five years ago with a promising vision of getting people out of cars and onto greener modes of transportation. Yet despite billions in VC money and plenty of hype , the future that micromobility companies promised still hasn’t quite arrived. In cities like Paris, most people aren’t replacing car trips with shared e-scooter jaunts in a meaningful way; the cost of riding scooters makes them an expensive option for last-mile transit connections and equit
Startup Professionals Musings
JANUARY 6, 2023
Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. In reality, more features will more likely make the product confusing and less usable to all. Focus is the art of limiting your scope to the key function that really matters for the majority of customers.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
JANUARY 6, 2023
Los Angeles-based Product Science said this week that it has raised $18M in a seed funding round. The funding came from Slow Ventures, Coatue, K5 Global, Mantis Ventures, plus angels Peter Fenton (Benchmark), Jerry Murdock (Insight Partners), and executives at Snap. The company says it is developing software that analyzes pre-product, mobile application code using artificial intelligence, to help improve mobile performance of apps.
socalTECH
JANUARY 5, 2023
For our Insights and Opinions section today, we have Three Predictions for 2023: Decentralization Now, Post-Speculation, and Surviving Irrational Markets (from Tony Greenberg) The death of decentralization-washing is key to the great decoupling Net cash inflows into the market shift from speculation to revenue -- and determine winners Markets continue to stay irrational longer than you can stay solvent -- so everyone needs help.
socalTECH
JANUARY 5, 2023
A report from Business Insider says that Los Angeles-based electric vehicle subscription company Autonomyis running out of money and in "dire straits". According to the report, the company--which offers up Tesla vehicles on a subscription basis--is in the midst of attempting to find emergency funding. The company appears to have been hit by the same winds that have caused Tesla's stock price to plunge in recent weeks.
socalTECH
JANUARY 5, 2023
Amazon.com said on Wednesday that it is cutting 18,000 people from its work force, including roles in its Devices and Books business, plus People, Experience, and Technology (PXT) organization -- the latest cuts in the technology industry. It's unclear how those cuts might affect the company's efforts in Hollywood, where Amazon has a significant presence.
socalTECH
JANUARY 5, 2023
Los Angeles-based Ring, now part of Amazon, has opened up pre-orders for its Car Cam, the company's version of a dashboard camera. The product includes two cameras, one for both the exterior and interior, and also includes a microphone and speaker which allows owners to communicate through the device. The product--first announced in 2020--was supposed to ship in 2021.
socalTECH
JANUARY 4, 2023
Thousand Oaks-based Teledyne Technologies said on Tuesday that it has acquired ChartWorld International. Financial terms of the deal were not announced. ChartWorld is based in Headquarters, and develops digital marine navigation hardware and software. The company also has lactions in Hamburg, Singapore, Vancouver and Tokyo.
socalTECH
JANUARY 4, 2023
El Segundo-based space startup Impulse Space says it is planning its first mission, a demonstration of its "orbital service vehicle", which it has named "Mira". According to the company, it is planning a demonstration mission to performan in-space services, including last-mile orbital payload delivery, payload hosting, very low altitude maneuvers and controlled atmospheric re-entry.
socalTECH
JANUARY 3, 2023
San Diego-based Blacksmith Medicines and Forge Therapeutics said Monday that the two companies are in a definitive merger agreement. Financial details of the merger were not announced. According to the two, they will focus on the development of medicines targeting a large class of proteins called metalloenzymes, with initial focus on oncology and infection.
socalTECH
JANUARY 3, 2023
Santa Monica-based VideoAmp, which develops advertising measurement software, said this morning that it has inked a deal with Warner Bros. Discovery. According to VideoAmp, it will measure cross-screen campaigns for Warner Bros. Discovery. Financial impact of the win was not announced. VideoAmp is led by CEO and Founder Ross McCray. The company is backed by The Spruce House Partnership, D1 Capital Partners, Tiger Global, EPIQ Capital Group and Ankona Capital Partners.
socalTECH
JANUARY 3, 2023
Aliso Viejo-based indie Semiconductor, which develops chips for the automotive industry, said it has entered into a strategic partnership with >Seeing Machines. Seeing Machines is a developer of computer vision processors. The companies said the partnership involves deploying Seeing Machines technology into indie's vision sensing system-on-chips (SoCs).
socalTECH
JANUARY 3, 2023
Los Angeles-based electric vehicle maker Faraday Future said over the holidays that it has appointed two new directors to the company's board. According to Faraday Future, it has appointed Xuefeng ("XF") Chen and Ke Sun to the company's board, as a result of the resignation of two directors, Dr. Carsten Breitfeld and Mr. Edwin Goh. Interestingly enough, in the announcement, Faraday Future thanked Goh for his service on the board -- but not Breitfeld.
Startup Professionals Musings
JANUARY 6, 2023
As an advisor to business professionals and entrepreneurs, I often hear about an innovative new solution that could lead to business growth or a new business. Unfortunately, in my experience, it takes much more than an innovative idea to launch a successful business today. Some of the additional elements are critical and often overlooked in your passion to move ahead quickly.
Startup Professionals Musings
JANUARY 4, 2023
The world of marketing is changing faster than technology these days. Winning entrepreneurs have long since supplemented conventional print and video “push” marketing with digital online interactive “pull” marketing, and a while back added social-local-mobile ( SoLoMo ) to the mix. Mobile and global are driving all of these in innovative new ways to grow your business.
Startup Professionals Musings
DECEMBER 31, 2022
Most entrepreneurs are so convinced that they are the disruptive element, they fail to anticipate that unknown facts or events can and will occur to disrupt their own well-laid plans. While it’s true that there is no way of know specifically what might happen, you need to anticipate the worst, and actually build a Plan B. People who haven’t thought about a Plan B often don’t survive the shock.
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