Wednesday, January 16, 2019
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Heal Names Qualcomm's Paul Jacobs As Chairman, Adds Jeb Bush To Board
Los Angeles-based, on-demand doctor house call service Heal has named former Qualcomm Chairman and CEO Dr. Paul E. Jacobs as its Chairman, and named former Florida Governor Jeb Bush to its board of directors, the company said on Wednesday. The startup lets clients schedule in-home visits by doctors for both routine visits and other checkups. Jacobs is currently founder and CEO of XCOM, a mobile technology company, and had been CEO and Chairman of Qualcomm. Bush was Governor of Florida from 1999 (More info...)
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SpaceX Moving Some Starship Prototyping To Texas
Hawthorne-based SpaceX is reportedly getting set to move some parts of the prototyping of its big, Mars-bound passenger rocket--the Starship (formerly known as the BFR)--to Texas, according to reports on Wednesday. Although initial reports said the production and development of the spaceships would be moving entirely to Texas, SpaceX CEO Elon Musk rebutted that report on Twitter that information is "incorrect", and the company will continue to do development of its Starship and Raptor rockets ou (More info...)
posted on Wednesday, January 16, 2019(Full story)
Google's Machine Learning Tools Used To Identify LA Potholes
Machine learning and artificial intelligence are two of the biggest buzzwords in technology today--but how are they being used to help you in everyday life? Google said on Wednesday that a team at Loyola Marymount University is using its open source, machine learning tool--TensorFlow--as part of a project to help identify potholes and cracks in Los Angeles, in an attempt to perhaps improve the flow of traffic through the city. According to Google, the student team at Loyola Marymount created sof (More info...)
posted on Wednesday, January 16, 2019(Full story)
Jam City Raises $145M
Los Angeles-based mobile game developer Jam City has raised $145M in a strategic financing round, the company said today, to grow its global business. The funding was led by JPMorgan Chase Bank, NA and Bank of America Merrill Lynch, and also included Silicon Valley Bank, SunTrust Bank and CIT Bank, N.A. According to Jam City, the new funds will go to fuel its "consolidation and growth initiatives", including its recent multi-year game development deal with Disney and expansion to Toronto. Jam Ci (More info...)
posted on Wednesday, January 16, 2019(Full story)
Renovis Surgical Acquired By KYOCERA
Redlands-based Renovis Surgical, a manufacturer of orthopedic and spinal medical devices, has been acquired by Japanese company Kyocera Corporation, Kyocera said very late Tuesday evening. Financial terms of the acquisition were not announced. According to Kyocera, it agreed to purchase the major assets of Renovis, relating to its artificial joint and spinal products. Renovis, which was founded in 2009, will become Kyocera Medical Technologies. Kyocera said it plans to expand its U.S. medical eq (More info...)
posted on Wednesday, January 16, 2019(Full story)
Snap Loses CFO
Venice-based Snap, the parent firm of Snapchat, said in a regulatory filing on Tuesday that Tim Stone, its CFO and principal financial officer, has resigned. According to Snapchat, Stone has decided to "resign to pursue other opportunities", saying that the departure is "not related to any disagreement with us on any matter relating to our accounting, strategy, management, operations, policies, regulatory matters, or practices". Snap said Stone will continue through its full 2018 financial resul (More info...)
posted on Wednesday, January 16, 2019(Full story)
Esri Targets Developers With New Pay-A-You-Go Plan For ArcGIS
Redland-based Esri, which develops the popular ArcGIS geographical information systems (GIS) tools, says it is looking to make the software more popular with developers with a relaunch of its ArcGIS For Developers products, and adding flexible, pay-as-you-go plans for the software. Esri said the changes to its service make the service "more accessible and affordable", and also include a decrease in pricing for routing transactions and a new commercial app deployment experience. Esri's ArcGIS too (More info...)
posted on Wednesday, January 16, 2019(Full story)
HyreCar Names New Chairman
Los Angeles-based HyreCar, which operates a marketplace that connects car fleet owners with ridesharing drivers, said on Tuesday afternoon that it has named Grace Mellis as its new Chairman of the Board of Directors. Mellis already was on the company's board of directors. HyreCar said Mellis takes over for Anshu (Andy) Banshal, who the company says has left its board to "pursue a new start-up opportunity". Mellis is founder and managing director of IGA Capital. Mellis also is a mentor and invest (More info...)
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