Top News

  • Thursday, October 30, 2014

    Hovelstay.com: Connecting The Adventurous Traveler With Cheap, Unique Rooms

    Are you tired of booking that "luxury room" on your favorite vacation rental site, and finding it's really a dump? The founders of hotelstay.com (www.hovelstay.com) got tired of helping to list lots of "luxury properties" on vacation rental sites--which were anything but luxury--and decided to create their own marketplace which calls a spade a spade. The company has created a marketplace which focuses on "anti-luxury" vacation rentals--many of which can be called rather "unique"....Continue →

     
  • Thursday, October 30, 2014

    Global Eagle Entertainment Links With Satellite Operator SES

    Los Angeles-based Global Eagle Entertainment, the developer of in-flight wireless and entertainment systems for airlines, said today that it has linked up with satellite operator SES, to bring Ku-band satellite bandwith to the company's systems. Financial details of the link were not announced by the companies. The two said they will offer up globall, KU-band satellite connectivity using SES's worlwide satellite network....Continue →

     
  • Thursday, October 30, 2014

    Kurion Names VP

    Irvine-based nuclear and hazardous waste management technology developer Kurion said today that it has promoted its current Country Director for Japan, Yohei Iwasaki, to the role of Vice President. According to Kurion, Iwasaki has been overseeing projects for Tokyo Electric Power Company (TEPCO), as part of Kurion's extensive role in the cleanup of the Fukushima Daiichi Nuclear Power Plant....Continue →

     
  • Wednesday, October 29, 2014

    Sientra Up In IPO Trading

    Santa Barbara-based Sientra, a developer of aethetic medicine implants, rose in its IPO on Wednesday, trading as high as $17.90 during morning trading. The company priced last night at $15 per share, selling 5 million shares of its common stock on the NASDAQ as SIEN. The company had priced at the midpoint of its initial estimated IPO range of $14.00 to $16.00 last night. Sientra was venture backed by OrbiMed, Clarus Ventures, Abingworth MAanagement, Goldman Sachs, and TIAA-CREF, among others....Continue →

     
  • Wednesday, October 29, 2014

    Amgen Plans To Cut 1100 More

    The news for employees over at Thousand Oaks-based Amgen got worse on Tuesday, after the company said it is deepening job cuts, and plans to now cut 20 percent of its employees as part of previously announced cutbacks at the company. Amgen--which originally planned to cut around 15 percent of its staff--said in a regulatory filing Tuesday it will reduce staffing by approximately 600 to 1,100 positions in addition to the previously announced cuts....Continue →

     
  • Wednesday, October 29, 2014

    SpaceX Thrust Into Critical Role After Competitor's Catastrophic Explosion

    Hawthorne-based SpaceX has been thrust into a critical role with NASA, after a catastrophic launch failure and explosion in Virginia Tuesday evening. Orbital Sciences aborted the launch of its Antares rocket mission Tuesday evening, scattering pieces of its rocket across the night sky. The rocket had carried 5,000 pounds of experiments and equipment for the crew of the International Space Station....Continue →

     
  • Wednesday, October 29, 2014

    P.S. XO, Seedling Merge, Raise $7M For Children's Crafts, Toys

    Los Angeles-based P.S. XO, the e-commerce and crafts startup founded by Soleil Moon Frye and Kara Nortman, said this morning that it has merged with craft and toy brand Seedling, and raised $7M in a funding round. The funding came from Upfront Ventures and Greycroft Partners. P.S. XO and Seedling both have offered a multi-channel, comprehensive strategy that brings crafts and toys not just to retail locations but also e-commerce....Continue →

     
  • Wednesday, October 29, 2014

    weeSPIN Finds Funding For Social Networking App

    Los Angeles-based weeSPIN announced late Tuesday that it has raised a seed investment round for its music-focused, social networking app. weeSPIN is led by Darius Fong, and offers up an app with a collaborative playlist and connects to streaming music services like Soundcloud and Spotify....Continue →

     
  • Wednesday, October 29, 2014

    Taco Bell Launches Mobile Ordering, Payment App

    Irvine-based quick serve restaurant chain Taco Bell said Tuesday that it has launched mobile ordering and payment -- thanks to technology from Los Angeles-based Tillster. Taco Bell said it will let users order and pay for food at the restaurant using either a new iOS or Android mobile ordering app. Taco Bell said its new app lets users custom order ingredients and pay for orders, which can be picked up through drive through or a separate line within the store....Continue →

     
  • Wednesday, October 29, 2014

    TYLT Rolls Out Wireless Car Charging Mount

    Los Angeles-based electronics accessory maker TYLT has rolled out a pair of new wireless charging product Tuesday. Those products include a wireless car charging mount, which combines wireless charging with a place to put your smartphone or tablet while driving, and a standalone wireless charging pad called the VU SOLO. TYLT's VU Wireless Charging Car Mount is a car mount which supports up to 5....Continue →

     
  • Wednesday, October 29, 2014

    iRise Offers Up Software To Local Universities

    El Segundo-based iRise, which develops enterprise visualization software used by companies for developing their internal applications, said yesterday that it has started offering up its software to students at two local universities. iRise said it will provide software licenses to students at California State University, Fullerton (CSUF) and California State Polytechnic University, Pomona (CPP), via those schools' graphic design and arts departments....Continue →

     
  • Tuesday, October 28, 2014

    Edmunds.com Buys Hackathon Winner CarCodeSMS

    Los Angeles-based Edmunds.com said Tuesday that it has acquired CarCodeSMS, a developer of mobile service to allow car shoppers to engage in one-on-one text messaging with dealers. Financial terms of the buy were not disclosed. Edmunds.com said it has renamed CarCode SMS under the new name Edmunds CarCode as part of the acquisition, which came as a direct result of CarCodeSMS winning a recent "hackathon" sponsored by the Edmunds.com. CarCodeSMS had won $20,000 as part of Edmunds....Continue →

     
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