Thursday, August 30, 2007SpaceX Gets NASA Safety ApprovalEl Segundo-based SpaceX, which is developing commercial space launch vehicles, said last night that the firm has received initial approval from a NASA Safety Review panel. The company said that its Dragon spacecraft has passed three phases of review from NASA, as part of an effort to develop a cargo vehicle for the International Space Station. SpaceX is one of the groups which NASA is looking to use as a commercial provider of services to replace the aging Space Shuttle; the firm is participatin (More info...)
posted on Thursday, August 30, 2007(Full story)
Qualcomm Trials MediaFLO In MalaysiaSan Diego-based QUALCOMM said late last night that its MediaFLO mobile broadcast technology will undergo a trial in Malaysia. QUALCOMM said that Maxis Communications Berhad and ASTRO All Asia Networks plc have agreed to conduct a technical trial of its technolgoy this fall. The test is part of a potential deployment of its mobile broadcasting services on the Maxis cellular network in 2008. MediaFLO is Qualcomm's standard designed for delivering video and othe rmultimedia content to cell phones. (More info...)
posted on Thursday, August 30, 2007(Full story)
International Rectifier Places CEO On LeaveEl Segundo-based International Rectifier said today that it has placed Alex Lidow, the firm's CEO, on a leave of absence with pay, pending conclusion of the firm's investigation into accounting irregularities at the firm. According to IR, the firm's board has determined that the action was in the "best interests of the Company" but stated that no conclusion has been reached by the firm on any wrongful conduct. Lidow remains on the board. Donald R. Dancer, the firm's General Counsel and an EVP at (More info...)
posted on Thursday, August 30, 2007(Full story)
DoctorsDirect.com Becomes XoovaSanta Monica-based DoctorsDirect.com, the online health related web site run by former AOL Mapquest head Tommy McGloin, has quietly become Xoova. Xoova now has profiles of 20,000 physicians on its site, which helps patients link up with doctors. The firm had raised $2.5M last October from Spark Capital, which was previously reported in socalTECH. According to Tommy McGloin, the firm's CEO, the company is in the planning on raising a Series B funding round worth around $5M early next year. McGloi (More info...)
posted on Thursday, August 30, 2007(Full story)
Visual Sciences Signs Forbes.comSan Diego-based Visual Sciences said Wednesday that it has signed on publisher Forbes.com as a customer. Visual Sciences, which develops web analytics software, said that Forbes.com will use its Visual Site analytics tool to gain insight into web site visitor behavior. Financial details of the customer win were not disclosed. Visual Sciences was formerly known as WebSideStory.
posted on Thursday, August 30, 2007(Full story)