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SpaceX said on Thursday that it has booked the world's first private passenger to fly around the Moon, about the company's BFR launch vehicle. SpaceX did not announce the name or details on the passenger, saying that it will be making a formal announcement on Monday, September 17th of the deal. According to the company, the move is an "important step toward enabling access for everyday people who dream of traveling to space.
This is one of my favorite insights, since I lived this one in a positive exit from my computer business. Types of business buyers expanded. Most people will tell you that there are two kinds of eventual buyers for your business: financial and strategic. A financial buyer will analyze your numbers, past and forecast, to the n’th degree, and calculate the price based upon the result, after carefully comparing your numbers with those of others in the same and similar industries.
San Diego has found itself to be the latest front in the ongoing Amazon-Walmart battle. Walmart made its name with brick-and-mortar stores, but the company has been vocal in recent months about its intent to fight for dominance in the digital landscape, an arena in which Amazon is a native. Next month about 70 people who work at the North San Diego County office of Walmart Labs—that’s the Bentonville, AR-based retailer’s tech arm—will move into a new 30,000-square-foot office at Make
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 is heading to UCLA on October 18 and we’ve assembled some of the AR/VR industry’s most prescient founders, investors and executives to chat about the startups and trends driving virtual and augmented reality in 2018. The world’s top tech companies have heavily invested in AR/VR and are persistent in broadcasting the technologies’ potential to blur the lines of how consumers interact with the digital world.
Los Angeles-based movie information, streaming, and reservations service Fandango has just received a win in court, after a California federal judge ruled in the company's favor in a patent invalidation case against Japanese company Maxwell, Ltd. Fandango had been seeking to invalidate three patents held by Maxwell over allowing access to movie and television shows for a set rental period.
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Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
PlayVS Inc., the Santa Monica–headquartered high school e-sports league developer backed by Santa Monica-based Science Inc. announced Sept. 13 that Riot Games Inc.’s “League of Legends” will be the title played in the league’s first test season.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. You need to find the skills or experience you don’t have in business, technology, or money. So the first question I usually get is what percent of the company or equity is that person worth? Giving a co-founder a salary won’t get you the “fire in the belly” you want.
Carlsbad-based RF semiconductor maker MaxLinear and partner NewVasTek announced this morning that the two companies have teamed up to develop a joint, reference design for a wireless 5G modem. According to the two, the design combines MaxLinear's AirPHY multi-gigabit modem technology with NewVasTek's resonant wireless power technology. The two said the design solves "a critical problem" required for 5G fixed wireless access providers using millimeter wave frequencies (28-60GHz), which is getting
Saturday, September 15, 2018 -- First Time Entrepreneur Workshop. LAVA. LAVA is extremely pleased to announce its next First Time Entrepreneur training program. The program is open to entrepreneurs that are starting companies in areas that are likely to draw venture capital investment. The program is not open to service providers. You are encouraged to apply today for one of the 25 slots open in our workshop.
Before you start down the long hard road of an entrepreneur, it pays to look inside yourself to see what you love to do, and what would fit your definition of success. For some, it’s all about the chance to run your own show, or advance a cause that you are passionate about. Others dream of being a billionaire, or proving that they can satisfy a need by starting and growing a business.
Irvine-based digital mobile radio (DMR) developer Hytera is scuffling with Motorola Solutions in court, saying on Friday that it has filed a "motion to dismiss" in the Federal District Court in Illinois, over a copyright infringement claim against the company. Motorola had sued Hytera--which is based in China but has its U.S. headquarters in Irvine--over multiple patent infringement claims.
Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Even if they realize that they need real technical strength at the top, they are not sure how to attract and select the talent and expertise they really need. Should they go after high-tech nerds for partners, or professional technologists?
Venice-based Snap is deepening its ties to major media companies, saying on Thursday that it will expand its Our Stories feature to allow those companies to pull user-submitted videos to create their own stories. According to Deadline, the deal helps partners like CNN, NBC News, and NowThis combine user-submitted videos while adding their own context, graphics, and other information.
Every inventor seems to think their invention is worth a million dollars, but I haven’t seen anyone pay that much for one yet. In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Early-stage ideas fall in the same category.
Is the future of transportation taking your personal vehicle, directly from your garage at home to a magical tunnel to transport you across LA? If Elon Musk has his way, yes. The Boring Company has received approval from the Hawthorne City Council, to build a prototype system which would take a car from a garage, directly to an underground HyperLoop transportation system.
[ Updated 9:15 a.m., see below. ] Jen King was in a hurry to get out the door of her Bay Area home on a recent morning, and she missed a call to her cell phone because of it. The phone number that called her, she later discovered, was startling. “It was my home phone calling me, which was not possible,” says King, who recently finished a doctorate in information science and now works at Stanford University.
In today’s totally interconnected world with its abundance of information, choices, and marketing, how your customers buy has drastically changed. Buying has evolved from a simple transaction decision to multi-faceted experience. Whether you are an executive, an entrepreneur, a marketer, or a salesperson, it’s time to look beyond how you sell, and focus on how your customers buy.
San Diego-based biotech investor Versant Ventures , along with MPM Capital , said today that they have launched a new startup, CODA Biotherapeutics. The companies said they invested $19M in the Series A funding for CODA Biotherapeutics, along with Astellas Venture Management and Novartis. CODA says it is developing gene therapy techniques, around what it calls a "chemogenetic platform" which it says aims to control the activity of neurons and other cells to treat diseases.
Students and shoppers will soon be using technology developed by Aira, a San Diego startup that links vision-impaired people with “visual interpreters” via smartphone and smart glasses, to help them navigate their environments. In recent weeks Aira announced that its accessibility service would be available at no cost to those who need it while at UC San Diego, in about 5,000 AT&T stores, and at all Wegmans grocery stores.
Two Southern California lawmakers on Sept. 12 announced the creation of the California Aerospace Caucus in Congress to promote legislation that supports the region’s aerospace industry.
Los Angeles-based Flo Technologies , which develops technology to help monitor water usage and help prevent water damage in homes, has launched a pilot program in Los Angeles. According to Flo, the new pilot program--which is being funded by the Metropolitan Water District's Innovative Conservation Program--Flo said it will provide up to 150 of its devices, plus professional installation, to qualified Los Angeles Department of Water & Power (LADWP) owners free of charge.
Los Angeles-based networking switch maker Linksys announced today that it has launched a new family of Gigabit, Power-over-Ethernet (PoE) switches aimed at the business market. According to Linksys, the new devices include an 8-port and 26-port switch, both of which fature PoE features, which lets administrators power devices through twisted pair, Cat5e cable.
Camarillo-based analog and mixed signal semiconductor provider Semtech says it is nearing almost 80 million of its LoRa end nodes deployed, along with 200,000 LoRa-based gateways, the company said today. According to the company, it expects those numbers by early 2019. LoRa is the company's low power wireless technology, which allows for communications of Internet-of-Things (IoT) and other devices.
Los Angeles-based Singularity 6 , a new game studio founded by Riot Games' veterans Aidan Karabaich and Anthony Leung, has raised $2.5M in a seed funding round, the company disclosed on Thursday. The funding came from London Venture Partners. The firm did not announced what it is working on, only that it is creating "online games can deliver deeper, more meaningful experiences.
WeWork , the co-working space operator which has a significant presence across Southern California, with nineteen locations in the Los Angeles area plus a location in San Diego, has acquired Teem , a software startup backed by active LA venture investor Greycroft Ventures. Teem develops software which is used to manage conference room reservations, desk reservations, and much more for companies and office spaces.
Los Angeles-based streaming television service Hulu has added five channels from Discovery Brands , including Discovery Channel , TLC , Investigation Discovery , Motor Trend and Animal Planet , the company said on Wednesday. According to Hulu, the deal will add a number of popular series--including Deadliest Catch, MythBusters, Say Yes to the Dress, and others, to Hulu's service.
Santa Monica-based human resources management software developer Cornerstone OnDemand Inc. acquired Santa Monica hiring platform Workpop Inc. Sept. 12.
Rancho Cucamonga-based Eagle Laboratories , a distributor of opthalmic products, particularly micro-surgical knives and blades, has been acquired by Innovia Medical , according to Innovia Medical's private equity owner, Shore Capital Partners. Financial terms of the acquisition were not announced. Eagle Laboratories focuses on single-use cannula, micro-surgical knives, and blades, and was founded 20 years ago.
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