LA TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
Faraday Future cancels plans to build assembly factory in California, Snap Inc. stock jumps after underwriters give company ‘buy’ rating, and Nasdaq threatens to drop Global Eagle over delayed SEC filing.
SpaceX plans to relaunch used rocket next week, Black Tux to open showrooms in six Nordstrom stores, and Lions Gate has ‘helluva good day’ with Power Rangers video game launch.
EMPLOYMENT: Network of Purple Squirrel works to link current staffers, candidates.
The perfect job candidate is so hard to find that the human resources industry has a term for the rare specimen: a purple squirrel.
FreedomPop launches free family cellphone plan, Oaktree sells stake in tronc back to company, and Jam City eyes late 2017 or early 2018 IPO.
Job hunting advice network raises $2.7 million, content management service Edlio acquires app Sangha, and entertainment content startup Pocketwatch raises $6 million.
Hootsuite acquires Snapchat analytics tool from Naritiv, Hyperloop Transportation Technologies begins construction on pod, and FilmOn loses cable broadcasting appeal.
SpaceX studying Mars mission landing sites, Snap Inc. gets first buy rating from Wall Street firm, and Two Bit Circus develops VR and motion simulator.
Kite Pharma names UCLA researcher to board of directors, Embark Ventures looks to raise $50 million venture capital fund.
MANUFACTURING: Chain CaliBurger beefs up burger service with Miso’s ‘Flippy.’
Miso’s patty-cooking robotic arm, “Flippy,” is giving CaliBurger a hand in the kitchen.
INVESTMENT: Some firms take shine to helping startups connect with stars’ money.
Firms have grown familiar in helping celebrities put their money on the next rising-star startup.
TECHNOLOGY: Equity-paid workers recruited by venture to speed system to market.
Hyperloop Transportation looks to get moving with equity-paid, crowdsourced workers.
Honest Co.’s CEO Brian Lee steps down, venture capital firm Blockchain Capital plans to raise funds by selling digital currency, and SpaceX successfully launches EchoStar satellite.
ServiceTitan raises $80 million, ProducePay raises $77 million in debt and equity, and Soylent signs lease on 29,000-square-foot property.
ServiceTitan, a Glendale-based provider of business software for home service businesses, announced Wednesday it closed an $80 million Series B funding round.