Starlink project aims for global broadband service
Since Hawthorne-based SpaceX began its ambitious Starlink project in late 2018, the company has launched roughly 300 small satellites into low Earth orbit.
Meditation app company has 60 million downloads
Santa Monica-based meditation app developer Headspace has expanded, bringing its total Bergamot Station presence to 22,000 square feet.
High school esports company leans into ‘League of Legends’
Riot Games Inc. has become the exclusive organizer of PlayVS Inc.’s high school “League of Legends” seasons and championships.
Adtech software company will expand teams
Outdoor advertising software company AdQuick Inc. raised a $6 million Series A to expand its sales, marketing and engineering teams.
Ride-hailing company Uber Technologies Inc. closed a customer support office downtown and laid off roughly 80 employees.
LA is loaded with esports venues — and there are several more on the way
Gaming-friendly Los Angeles has become a cornerstone for esports, thanks to the rollout of several competition arenas that have opened here in recent years.
Digital dating service reports a 36% jump in users for 2019
Dating app owner Match Group reported an estimated 16% annual increase in net income in fiscal 2019, due largely to Tinder, its highest-performing subsidiary.
Aerospace Corp.’s Steve Isakowitz is still aiming higher
Steve Isakowitz is president and chief executive of Aerospace Corp., the nation’s only federally funded research and development center focused on aerospace.
Torrance-based Canoo will partner with Hyundai Motor Group to develop an electric vehicle platform for Hyundai and Kia models based on its designs.
Artificial intelligence and advertising firm GumGum raised a $22 million Series D funding round from existing investors.