Daqri founder and CEO Brian Mullins steps down, Aerojet Rocketdyne to demo combined-cycle hypersonic engine and Snapchat is building a secluded R&D lab in Lehi, Utah.
Downtown augmented reality developer and headset manufacturer Daqri announced on Tuesday that its founder and chief executive, Brian Mullins, had resigned.
The organization Consumer Watchdog has issued a statement asking whether Gov. Jerry Brown should sign a bill that would benefit the Newhall Ranch project in Santa Clarita since Brown’s sister sits on the development company’s board.
Children’s Hospital Los Angeles has received a nearly $9 million federal grant to research a new treatment for infants born with severe combined immunodeficiency, commonly known as “bubble boy” syndrome.
ImaginAb Inc., an Inglewood immune-oncology imaging company, has teamed up with a San Francisco cancer institute to launch human clinical trials after receiving $8 million in new funding.
GM’s self-driving unit acquires Pasadena tech company, SpaceX launches third set of Iridium Next satellites and Hulu dives into eSports with pact for four shows from ESL.
Santa Monica private equity firm Lion Capital has acquired an undisclosed stake in Compton premium denim maker Paige, according to West L.A.’s Sage Investment Banking, which advised Paige on the transaction.
‘Lidar’ laser tech helps measure distance to obstacles
General Motors Co. announced on Monday that GM Cruise, its self-driving car subsidiary, had acquired Strobe, a Pasadena startup developing a technology that uses lasers to measure distances to other objects.
Lewis D’Vorkin has been named editor-in-chief of the Los Angeles Times and Mickie Rosen has been named president of Los Angeles Times Media Group, the company announced Monday.
The management team of the Mountain High has purchased the winter resort from Ski Resort Holdings, an affiliate of Studio-City-based Oz Real Estate, according to a company announcement on Friday.
Tetra Tech Inc. wins $356 million contract to modernize FAA; Andelman and Mullin, VC vets, announce new venture; and Jessica Alba's Honest Co. slashes its valuation below $1 billion.
Two veteran L.A. venture capitalists have formed Bonfire Ventures, a Brentwood VC firm focused on software for businesses.
Tetra Tech Inc. of Pasadena announced on Thursday that it had been awarded a $356 million contract to provide engineering and technical support services to the Federal Aviation Administration.
Herbalife Ltd. said Friday it had closed its $600 million stock buyback. The announcement, coupled with the anticipation of further buybacks, sent shares up by 10 percent in early trading.
The U.S. Securities and Exchange Commission has given the go-ahead to the $24 million initial public offering planned by Fatburger’s parent company, paving the way for the company to begin trading on the Nasdaq later this month.
Silicon Beach Report Oct. 5: Mattel Cancels Artificially Intelligent Baby Monitor Over Privacy Concerns
Mattel cancels artificially intelligent baby monitor over privacy concerns, career guide Fuel50 raises $2.5 million and SpaceX president slams space regulations.
Researchers at City of Hope National Medical Center have won a $13 million grant to fund a clinical trial employing CAR-T cell immunotherapy to kill brain cancer.
Opportunity Fund, a nonprofit lender for small businesses, has expanded its pilot Community Partner Program from the Los Angeles region to include San Diego, the Central Valley and Northern California.
Two multifamily portfolio transactions in Long Beach have closed for a total of $17.4 million, according to an announcement from Marcus & Millichap, which brokered the sales.
CBRE Group Inc. said it had agreed to acquire Heery International Inc., an Atlanta-based project management, design and engineering company, for $57 million.