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Thursday, Aug 18, 2022

Silicon Beach Report July 14: RealD Acquires Tessive

RealD Acquires Tessive, L.A., tech executives denounce Donald Trump, Airbnb conviction in Santa Monica, and more.

RealD Acquires Tessive

RealD, a 3-D movie company, acquired Tessive, a motion picture processing company, for an undisclosed amount, reports Variety. RealD will use Tessive’s technology and expertise to launch RealD TrueMotion, a new production tool with the ability to correct imperfections in motion capture.

Airbnb Conviction in Santa Monica

Scott Shatford was convicted Tuesday for renting five short-term vacation units in Santa Monica without permits and refusing to comply with city of Santa Monica citations, reports Santa Monica Lookout. Shatford was the first person convicted under the city’s new short-term rental laws.

AirMap Adds Wildfire Geofencing

AirMap of Santa Monica, which provides drone operators with an airspace restrictions map, has launched a wildfire geofencing feature on its app, according to a press release. The app will pull wildfire information from the U.S. Department of the Interior’s incident command system and push it users, so as to help keep unauthorized drones from interfering with firefighting operations.

Hyperloop One Co-Founder’s Restraining Order Request Denied

Ousted Hyperloop One co-founder Brogan BamBrogan’s request for a restraining order against the company’s former chief general counsel, Afshin Pishevar, was denied, as a judge decided he was not at risk, reports the L.A. Business Journal. BamBrogan has sued his former employer and several of its executives over allegations that a “hangman’s noose” was left on his desk and the company’s chairman had breached of fiduciary duty.

Local Tech Players Sign Letter Denouncing Donald Trump

Several local tech industry executives have added their names to a long list of prominent tech players in a letter on Medium denouncing presumptive Republican presidential nominee Donald Trump for promoting “anger, bigotry, fear of new ideas and new people.” Local signees include Atom Factory Founder Troy Carter, InVenture Chief Executive Shivani Siroya, Lowercase Capital Founder Chris Sacca, and XPrize Founder Peter Diamandis.


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