Recent and archived news stories on: aerospace, alternative energy, automotive, nanotech, robotics, software providers, telecom, tech start-ups, social media companies

Silicon Beach Report June 24: Insight Acquires PCM

SpaceX launches Falcon Heavy rocket; Virgin Hyperloop works with WashU in St. Louis; PCM acquired by Insight for $581 million

Insight Acquires PCM for $581M in Cash and Debt

El Segundo-based information technology services firm PCM Inc. will be acquired by Tempe, Ariz.-based Insight Enterprises Inc. in a deal worth roughly $581 million.

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Silicon Beach Report June 21: Kairos Ventures Closes $24.6 Million First Fund

Falcon Heavy, LightSail prepare for launch; Bird banned in Nashville; Kairos raises $24 million fund

Silicon Beach Report June 20: SpinLaunch Wins Defense Department Contract

Quibi gains over $100 million in ad bookings; TenOneTen Ventures backs Probably Genetic; Defense Department Offers SpinLaunch Contract

SpinLaunch Wins First Department of Defense Contract

Long Beach-based aerospace firm SpinLaunch Inc. announced June 20 that it had won a contract from the Department of Defense to develop a small satellite launch system prototype.

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Dave Inc. Raises $110 Million, Launches Banking Business

Santa Monica-based Dave Inc., developers of a financial management mobile app designed to prevent bank overdrafts, announced June 19 a $110 million debt funding raise.

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Silicon Beach Report June 19: Overdraft Protection App Developer Raises $110 Million

Greycroft backs Enboarder again; Happy Returns selects new chief revenue officer; Dave Inc. raises $110 million

Greycroft Leads $8 Million Enboarder Series A

Downtown headquartered venture capital firm Greycroft Partners led a $8 million Series A round for Austin, Texas-based human resources software developer Enboarder Inc.

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Silicon Beach Report June 18: Elevate Secures $25 Million

HipDot finds $2.5 million; Bird hopes to migrate to NYC; Elevate raises $25 million venture round

Silicon Beach Report June 17: Sunbit Secures $26 Million

SpaceX considers bid on NASA lunar supply mission; Survios expands VR game offerings; Sunbit finds $26 million

Silicon Beach Report June 14: Bird Required to Pay Tariffs on Chinese Imports

Bird, Uber tariff relief requests denied; AppOnBoard buys BuildBox; Pluto TV links with Comcast

Riot Games Under DFEH Investigation

California's Department of Fair Employment and Housing has launched an investigation into Sawtelle-based Riot Games for alleged gender bias and other discriminatory conduct.

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Silicon Beach Report June 13: Sure Raises $23 Million

Bird paid $25 million for Scoot; Sure raises $23 million; Disney Plus subscriber projections

Silicon Beach Report June 12: Bird Acquires Scoot

Hulu, Disney acquire Lions Gate rights; Immortals acquires Infinite Sports & Entertainment; Scoot scooped up by Bird

Bird Acquires Scoot Networks

Santa Monica-based Bird Rides Inc. is buying Bay Area competitor Scoot Networks Inc.

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