Thursday, June 1, 2017Disney CEO Bob Iger Leaves Trump Council, Following Elon MuskDisney CEO Bob Iger has resigned from President Trump's Business Advisory Council, as a result of Trump's withdrawl from the Paris Agreement. Iger said on Twitter that he was resigning "as a matter of principle", over the withdrawal. Iger joins Elon Musk, who also departed Trump's advisory group on Thursday after the move, which puts the United States among less than a handful of countries who have not signed on to help combat climate change. Trump has called climate change a "Chinese hoax". Mus (More info...)
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SpaceX Scrubs ISS Launch Attempt, To Try Again SaturdayHawthorne, California-based SpaceX scrubbed its resupply mission to the International Space Station on Thursday, due to weather, and will retry on Saturday, June 3rd. SpaceX had been attempting to launch the Commercial Resupply Services mission (CRS-11) for NASA at 5:55 p.m. EDT. The next launch time is Saturday, June 3 at 5:07 p.m. EDT (2:07 p.m. PT). The CRS-11 will refly a Dragon spacecraft to the ISS, the first attempt by SpaceX to re-use one of its rocket boosters for a NASA mission. The CR (More info...)
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Elon Musk To Cut Ties To Trump After Paris DecisionTechnology billionaire Elon Musk said on Thursday that he is departing the President's various councils, after President Trump announced that the U.S. will leave the Paris Accord, the agreement among 143 countries to limit global temperature increases due to climate change to less than 2 degrees Celsius. Musk, who is behind such companies as SpaceX and Tesla Motors, had said earlier this week he would part ways with the President if the decision was made to leave the Paris Accord. Musk, in a twe (More info...)
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Donut Media Launches Agency, Donut Brand StudioLos Angeles-based automotive, digital media publisher Donut Media said today that it has launched its own, internal content agency, called Donut Brand Studio. Donut Media said that Donut Brand Studio will provide full-scale, creative services operations to clients in the automotive sector, and will be led by its Chief Creative Officer, Ben Conrad, former GoPro head of motorsports media James Kirkham, and Jacob Agajanian and Andrew Laputka. The company said Donut Brand Studio will focus on devel (More info...)
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March Capital Partners Backs SpyCloudLos Angeles-based venture investor March Capital Partners is one of the investors in SpyCloud, a new startup in the cybersecurity market, focused on protecting businesses from data breaches. SpyCloud said this morning that it has raised $2.5M in a seed funding from Silverton Partners and March Capital Partners. The investment is one of several in the cybersecurity space for March Capital Partners, including investments in Crowdstrike and E8. SpyCloud is based in Austin, Texas.
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LA Cleantech Incubator Gets $5M For New ProgramThe Los Angeles Cleantech Incubator (LACI) has just received $5M to fund a new initiative, called Energize California, to help boost clean technology startups. According to the LACI, the new effort is being funded with a $5M grant from the California Energy Commission, and will support new technologies and entrepreneurs in Santa Barbara, Ventura, Los Angeles, and Orange Counties. The LACI said the new program will help connect entrepreneurs with mentors, help companies with testing and prototypi (More info...)
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Zenlayer Gets $10M For Software Defined NetworkingDiamond Bar-based Zenlayer, a provider of software defined network and services, announced on Wednesday that it has raised $10M in a Series A funding round. The funding was led by F&G Venture, and also included NSFOCUS and other investors. Zenlayer, which is led by CEO and founder Joe Zhu, said the funding will to towards accelerating development of its platform and expanding its base of data centers, and in particular, towards hiring. The company said it offers up bare metal cloud, SD-WAN and e (More info...)
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ViaSat Plans Satellite Launch TodayCarlsbad-based ViaSat said this morning that it is planning to launch a new satellite, the ViaSat-2 satellite, from Guiana today. The company said its satellite is scheduled for launch at 4:45 p.m. PDT. ViaSat's new Ka-band satellite will provide broadband services across North America, Central America, the Caribbean and a portion of northern South America, as well as the primary aeronautical and maritime routes across the Atlantic Ocean between North America and Europe. The satellite is being l (More info...)
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