LA TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Rocket Firm High on New Course in Business

AEROSPACE: Aerojet may seek lift in satellite serviceAerojet Rocketdyne may look to pad its rocket revenue by adding satellite launch services.

Silicon Beach Report April 28: Musk Reveals Multistoried Tunnel System Concept in Video

Musk reveals multistoried tunnel system concept in video, Virgin Galactic’s Richard Branson noncommittal on SpaceShipTwo launch dates, and blue collar online job marketplace Work Today raises $1.1 million.

Musk Reveals Multistoried Tunnel System Concept in Video

Elon Musk revealed a conceptual video of a multistoried tunnel system under the city of Los Angeles, which he aims to build with his startup Boring Co., at a TED conference in Vancouver, Canada, on Friday.

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Silicon Beach Report April 27: Elon Musk’s Boring Co. Machine Revealed

Elon Musk’s Boring Co. machine revealed, SpaceX launches top-secret satellite for National Reconnaissance Office, and mobile-phone tracking startup Sense360 raises $7 million.

Elon Musk’s Boring Co. Machine Revealed in Picture

Elon Musk’s budding tunneling company, Boring Co., showed signs of progress on Thursday as an employee posted an image of what appears to be the company’s first boring machine.

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Silicon Beach Report April 26: Chris Sacca Retires from Startup Investing

Chris Sacca retires from startup investing, Breitbart struggles to define its media role in Trump Era, and Global Eagle CEO says fraud or misconduct not responsible for exec departures and accounting issues.

Chris Sacca Retires from Startup Investing

Prominent seed-stage startup investor Chris Sacca announced in a blog post titled “Hanging up my spurs” on Wednesday that he has retired from venture capital investing.

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Silicon Beach Report April 25: Belgium Telecom Company BICS to Buy TeleSign for $230 Million

Belgium telecommunications company BICS to buy TeleSign for $230 million, in-home clinical trial software startup Science 37 raises $29 million, and Soylent recalls powder after accidental mixing with whey.

Belgium Telecom Company BICS to Buy TeleSign for $230 Million

TeleSign Corp. of Marina del Rey, a developer of user authentication software, announced on Tuesday that it had agreed to be acquired for $230 million in cash by telecommunications company BICS of Belgium.

Silicon Beach Report April 24: Upfront Ventures Joins Jeff Skoll, Paul Allen Investing Arms in $119M Sale of TrueCar Shares

Upfront Ventures Joins Jeff Skoll, Paul Allen Investing Arms in $119M Sale of TrueCar Shares, Disney says more than 160 stations signed up for its clearinghouse, and The New York Times launches content and crossword puzzle on Snapchat.

Silicon Beach Report April 21: Snap Inc. Acquires GeoFilter Patent from Mobi for $7.7 Million

Snap Inc. acquires geofilter patent from Mobi for $7.7 Million, Hyperloop One’s Chief Marketing Officer Kimberly Salzer leaves for Ozobot, and CalTech, UCLA ranked top universities for technology transfer.

Fiber-optics Company’s Sale a Crowning Moment

TECHNOLOGY: Wilcon Operations’ $600 million deal reflects industry trend.

Crown Castle International Corp. agreed last week to acquire downtown telecommunications firm Wilcon Operations in a $600 million deal with private equity firm Pamlico Capital.

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Silicon Beach Report April 20: L.A. Seed Funding Falls Sharply in First Quarter

L.A. seed funding falls sharply in first quarter, Brian Lee and Ron Burkle-backed medical apparel Startup Jaanuu raises $5 million from retail execs, and Nasty Gal founder Sophia Amoruso’s dramatic biopic releases Friday on Netflix.

L.A. Seed Funding Falls Sharply in First Quarter

While venture capital investment in L.A. startups rose slightly in the first quarter of 2017, seed-stage investments went in the other direction.

Silicon Beach Report April 19: Analyst Says Facebook Monopoly Crushing Competitors Such as Snapchat

Analyst says Facebook monopoly crushing competitors such as Snapchat, Hyperloop One delays testing of pod, and Jam City launches bubble shooter game based on ‘Peanuts.’

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