May 17, 2012 |
Tim Sae Koo had an idea for a tech start-up, but the first-time entrepreneur had no idea what to do next. In January, at the advice of a friend he joined the inaugural class of tech accelerator StartEngine, hoping to turn his vision for Hypemarks - a website at which users create collections of their favorite links - into a bona fide business. Within three months Koo launched the website, and is now talking to a local investor about a substantial investment in the company.
December 29, 2010 |
Alexis Ohanian's company, Reddit, was based in New York four years ago when it decided to follow the yellow chip road to Northern California. "New York didn't feel like a place where things were happening," Ohanian said. "There weren't a lot of people having conversations about start-ups, frankly. " But this year, Ohanian headed back east. New York now has a hot Internet scene. There are marquee start-ups such as social networking service FourSquare and fashion website Gilt.
May 12, 2009 |
It helped software and Web developers find jobs and attracted investors to Los Angeles. Now Twiistup, the event series created by entrepreneur Mike Macadaan to showcase the L.A. tech community, has been sold to an undisclosed private investor so it can expand. Tech communities in places such as Colorado, Florida and Switzerland have written to Macadaan asking for his help in creating Twiistups of their own. Twiistup, which debuted in February 2007, showcases promising start-ups at a twice-yearly bash that has been a change from more conventional technology meet-up events.
CALIFORNIA | LOCAL
May 1, 2010 |
James Robert Hornbarger's high school counselor hated to break the news to him, but when she saw the misspelled word tattooed across his back, she felt he needed to know. "Angle," she said. The hand-sized tattoo was meant to refer to Hornbarger's nickname, Angel — unlikely though that sometimes seemed for the free-spirited young man from the small town of Elko, Nev. "He was so excited to show me his new tattoo," Maribeth Cassinelli recalled, laughing. "When I told him ... oh, he was devastated."
July 7, 1988 |
Rockwell International Corp. of El Segundo said it completed the previously reported acquisition of Communication Machinery Corp. of Santa Barbara. The purchase price, about half of which will be paid in Rockwell common stock, was $40 million. Rockwell said Communication Machinery is a supplier of software and hardware products for local-area networks and will join Rockwell's electronics operations.
December 11, 2011 |
The gig: In addition to being a senior engineering director at Google Inc., 47-year-old Thomas Williams is the site director for the company's newly opened 500-person campus near Venice Beach, where it develops video advertising for YouTube, pieces of the Google+ social network and the Chrome Web browser. After sifting through a pool of hundreds of potential properties for Google's L.A. location, Williams and his team settled on Frank Gehry's Binoculars Building, and redecorated the interior with touches that mixed Google's whimsical design tastes with hallmarks of Los Angeles culture.
June 30, 1986
Transitron Electronic, founded in the 1950s, was one of the first companies on Route 128, now a rival of California's Silicon Valley area for concentration of electronics firms. At its peak it employed 1,600, but failed ventures in semiconductors and transistors weakened the firm. It expects to wind up business in 10 days with the sale of its Gilbert Engineering unit in a leveraged buyout.
June 11, 1986
The two largest U.S. electronics trade associations will merge their Tokyo offices July 1 into a new U.S. Electronics Industry Japan Office. Creation of a single office for the Electronic Industries Assn. and the American Electronics Assn. will give the U.S. electronics manufacturing community a more effective voice in Japan, the associations said.
March 15, 1987
Talk about high-tech: A $9.7-million office/engineering building under construction for Aerojet ElectroSystems in Azusa will have a "lightrium," "white sound," and an "ice harvester machine." The "lightrium" is a long skylight section in the center of the three-story, 110,000-square-foot structure that incorporates light sensors to turn ceiling lights on or off as required. "White sound" uses multiple frequencies to mask the sounds of machines and conversation in open-plan office buildings.
November 3, 2011 |
Google Inc. is about to add some muscle to its Southern California operations. On Thursday afternoon the company is hosting an opening event for its new 100,000-square-foot campus, located just a few blocks from Venice Beach. Speakers at the event will include Los Angeles Mayor Antonio Villaraigosa, who plans to hail the new Google campus a sign of the progress of the city's technology industry, which advocates have begun to call "Silicon Beach. " Google first opened an office in L.A. in 2003 when it acquired Santa Monica-based Applied Semantics, and at that time had only a dozen employees in the area.