LA BUSINESS JOURNAL DAILY NEWS

Silicon Beach Report Nov. 11: SpaceX Shifts Gears on Satellite Testing

Seven exit SpaceX's satellite testing team; Hulu prioritizes non-English content; new Office of Child Protection website launches with AI

UCLA Awarded $3.7 Million Federal Grant for Brain Research

Three UCLA neuroscientists were awarded a nearly $3.7 million grant from the National Institutes of Health to develop imaging technology to study how the brain functions in disease and in health.

LA Ranks Second in Tech Office Market Rent Growth

Los Angeles’ technology sector is growing — and so is the rent for tech office space, according to a recent study from real estate brokerage firm CBRE Group Inc.

Ad Analytics Start-Up EDO Raises $12 Million

Culver City company was founded by Kenso Tech’s Daniel Nadler and actor Edward Norton

Entertainment Data Oracle Inc., or EDO, a company that uses data collection and analysis to measure the effectiveness of TV ads, announced Nov. 1 that it raised $12 million in its first round of outside investment.

Vive Organic Closes $7 Million Series A Round

Venice-based Vive Organic, makers of cold-pressed wellness shots closed a $7 million Series A round led by Powerplant Ventures, a food and beverage investment fund in Manhattan Beach.

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Charles Dunn Shutters Brokerage Business

Property management group to continue operations

In a memo to staff and agents, Charles Dunn Co. Inc. gave notice Wednesday that the company’s brokerage business was folding.

DreamHost Receives $18M Loan from J.P. Morgan

Downtown LA-based DreamHost, a provider of web hosting and site management, announced Oct. 30 it completed an $18 million debt financing credit facility with J.P. Morgan Chase and Co.

Local Airport Passenger Volume Mixed in September: LAX, Ontario Up, Long Beach Down

JetBlue Cutbacks at Long Beach Leave Airport Feeling Blue

Passenger traffic at three Los Angeles area airports in September was mixed, with a large gain at Ontario International Airport, a slight increase at Los Angeles International Airport and a drop at Long Beach Airport. But all three airports posted solid gains for the nine months year-to-date.

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CBRE Launches Hana Division Focused on Short-Term Office Space Market

CBRE Group announced a new company division Oct. 31 that aims to pair property owners with businesses that need office space for a short time.

Century Park Capital Partners’ Portfolio Company Makes Fourth Acquisition

Covercraft Industries, a portfolio company of El Segundo-based private equity firm Century Park Capital Partners, acquired Carver Industries for an undisclosed amount, the companies recently announced.

PatientPop Scores $25 Million in Investor Funding

PatientPop Inc., a physician marketing platform based in Santa Monica, has raised $25 million during a Series B funding round, the company announced Oct. 31.

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L.A. Approves $2B Consolidated Car Rental Facility Near LAX

The Los Angeles City Council on Oct. 31 unanimously approved a $2 billion contract for a consortium of 11 companies to build and operate a consolidated car rental facility near Los Angeles International Airport.

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Silicon Beach Report Oct. 31: Subscription App Sales Soar

LA County weighs electronic voting options; Activision issues Overwatch League changes; Hulu grows revenue 86 percent

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Edison Says Company Equipment Tied to Thomas Fire; Expects 'Material Losses' as Result

Edison International on Oct. 30 revealed that an internal investigation found that its Southern California Edison utility equipment was “associated with” one of the ignition points of the massive Thomas Fire last December and that as a result, the company expects “to incur material losses” in connection with the fire.

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Eleven Los Angeles Nursing Homes Rated ‘Best’ by U.S. News

U.S. News & World Report named 11 nursing homes in Los Angeles County among its list of best nursing homes for 2018-19.

UCLA Receives $25 Million Gift for Parkinson’s Research

UCLA has received a $25 million gift from a Beverly Hills-based foundation to launch an initiative to research treatments and care for Parkinson’s disease, the university announced Oct. 30.

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Silicon Beach Report Oct. 30: Executive Exits at Faraday Future

Two execs out at Faraday Future; DreamHost’s dreamy $18 million deal; Tinder ventures into advertising

Faraday Co-Founder Resigns

Sampson's departure is the second in two days for the electric car maker

Nick Sampson, co-founder of Gardena-based electric vehicle manufacturer Faraday and Future Inc., resigned on Oct. 30 after calling the company “effectively insolvent.”

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Beverly Hills Sports Agency Expands Into Sponsorship Deals, Naming Rights

Sports agency Independent Sports & Entertainment announced Oct. 30 that it will expand into property sales, hiring a former Cox Media Group executive to head up the division.

Silicon Beach Report October 29: Hyperloop Plans Abu Dhabi Track

Axiomatic gets Jordan investment; Hyperloop Transportation Technologies sets 2019 construction target; $2 million for Santa Monica solar firm