Thursday, June 22, 2017


SpaceX BulgariaSat-1 Mission On Track For Tomorrow
Hawthorne-based SpaceX is preparing to put another satellite into space, from Kennedy Space Center, on Friday. SpaceX has scheduled a launch of its BulgariaSat-1 mission at 11:10am PT, if the weather holds and no other issues come up. The launch will put the first ever communications satellite into orbit for the country of Bulgaria. SpaceX will re-use a booster that it had originally launched into space in January, and also hopes to land the rocket again on its drone ship in the Atlantic. This w (More info...)
posted on Thursday, June 22, 2017(Full story)

GOAT Names Former Twitter COO To Board
Los Angeles-based GOAT, which operates an online sneaker marketplace, said on Thursday that it has named former Twitter COO Adam Bain to its board of directors. GOAT, led by Eddy Lu and co-founded by Daishin Sugano, is venture backed by Accel Partners, Matrix Partners, and Upfront Ventures, and has raised $37.6M in total. Accel's Ryan Sweeney, Matrix Partners' Josh Hannah, and Upfront's Greg Bettinelli also sit on the company's board of directors. GOAT said Bain first started out as a customer (More info...)
posted on Thursday, June 22, 2017(Full story)

No, Santa Barbara Did Not Have A Massive 6.8 Earthquake On Wednesday
In more proof you shouldn't believe everything you read on Twitter, the US Geological Survey accidentally sent out an alert for a 6.8 earthquake, centered off the coast of California on Wednesday. The alert--which was erroneously repeated across multiple publications via automated "bot" postings--apparently came as a result of a software error, which occurred as researchers were looking into historic records of a 6.8 earthquake which occurred in Santa Barbara in 1925. That quake destroyed most o (More info...)
posted on Thursday, June 22, 2017(Full story)

Report: Snapchat Acquires Zenly For $250M To $350M
Venice, California-based Snap Inc., the parent company of Snapchat, has acquired social app startup Zenly, in a deal reportedly worth $250M to $350M in cash and stock. Zenly is the developer of a social, location sharing app which lets you track where your friends are at any time. Snapchat just rolled out a new, location sharing feature for Snapchat based on Zenly's technology, but will continue to operate Zenly as an independent service. Zenly offers up both iOS and Android version of its socia (More info...)
posted on Thursday, June 22, 2017(Full story)

HyperX Signs Endorsement Deal With NBA Draft Prospect
Fountain Valley-based gaming accessory maker HyperX, which is a division of Kingston Technology, has signed another endorsement deal with a sports figure, a videogaming continues to intersect with professional sports. according to HyperX, it has signed De'Aaron Fox, a former Kentucky Wildcats basketball player and current NBA draft prospect, to be a "brand ambassador" for its HyperX gaming headset. Financial details of the deal were not announced. HyperX said Fox will exclusively use HyperX gami (More info...)
posted on Thursday, June 22, 2017(Full story)

EDF Renewable Energy Signs 100 Megawatt Wind Deal In Minnesota
San Diego-based renewable energy developer EDF Renewable Energy says it has signed a 100 megawatt (MW) wind energy project in Minnesota, the company announced on Wednesday. EDF Renewable Energy said it has signed an agreement to supply Southern Minnesota Municipal Power Agency (SMMPA) with wind energy starting in 2020, with construction expected in early 2018 of 50 wind turbine generators in Pipestone and Murray counties in Southwestern Minnesota. Financial details of the deal were not announced (More info...)
posted on Thursday, June 22, 2017(Full story)

CurbStand Names New CEO
Los Angeles-based CurbStand, the startup which was developing a valet parking app, says it has named Arya Alexander as the company's CEO. Alexander has been Interim CEO of the company since March 2016, when he stepped in after the departure of former CEO Serge Gojkovich. CurbStand offers up a valet parking app which let users locate, pay, tip, and request their cars, and--since Alexander took the helm in 2016--now offers up a fully integrated valet parking service, rather than just providing its (More info...)
posted on Thursday, June 22, 2017(Full story)