First rocket touchdown for SpaceX; Faraday and Evergrande dispute; “Twin Peaks” comes to virtual reality

Faraday Future Finds Investment Deal Troubles

Gardena-based electric vehicle manufacturer Faraday Future Inc. has showed signs of desire to back out of a deal with Hong Kong-based Evergrande Health Industry Ltd., The Los Angeles Times reports. Faraday Future received a $2 billion bailout from Evergrande in June, $800 million of which Faraday Future spent in seven months. Faraday alleges they are owed another $700 by Evergrande, which in turn accused Faraday of trying to get out of the deal. Faraday also accused Evergrande (which has a 45 percent stake in the car manufacturer) of preventing it from seeking other financing options.

SpaceX Completes Launch at Vandenberg

Things might be tumultuous for Elon Musk’s other companies, but Space Exploration Technologies Corp. is soaring – literally. The Hawthorne-based outfit launched (and – for the first time on the West Coast – landed) a rocket carrying a SAOCOM 1A satellite for Argentina from Vandenberg Air Force Base, Socaltech reports.

Lynch Bringing ‘Twin Peaks’ to Virtual Reality

David Lynch, the director behind popular cult television series “Twin Peaks” will adapt some of his trademark scenes to virtual reality, according to VentureBeat. Set to premier at Lynch’s two-day Los Angeles Festival of Disruption on Oct. 13, the experiential scenes will also be made available via Facebook Inc.’s Oculus Rift and HTC Corp.’s Vive headsets as well as Valve Corp.’s game platform, Steam.