*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 17, 2022*
Edited by Benjamin F. Kuo
ISSN: 1524-6736
http://www.socaltech.com/News <https://www.socaltech.com/News>
------------------------------

*Sponsored By *

Tech vs. Media Podcast
(https://link.chtbl.com/aKC6DpJG)

Pacific Western Bank, Venture Banking Group
(http://www.pacwest.com/lending-solutions/venture-lending)

Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com).
Business. Technology. Law. Vision.

KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html)
Level up with KPMG

------------------------------
*Headlines *


   - Rocket Lab Aims At Lunar Orbit Mission <#0082508>
   - Bird Drops Plans To Sell Vehicles, Will Streamline Business <#0082507>
   - Croquet Launches OS For The Metaverse <#0082506>
   - Musk Balks At Twitter Deal, Clashes With CEO <#0082504>
   - Faraday Future Says It Won't Meet Quarterly Filing Date <#0082505>


*Marketplace*


   - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760>
   - Tech vs Media Episode 2: The Creators Era, and The Music Industry
   <#ad782>
   - Network Thinking Solutions - DevOps and Managed Services <#ad774>
   - Stradling <#ad608>
   - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188>


*Tuesday, May 17, 2022*

*Pacific Western Bank, Venture Banking Group
<http://www.pacwest.com/lending-solutions/venture-lending>*
Pacific Western Bank is a commercial bank with over $40 billion in assets
and 69 full-service branches primarily located in California, with one in
Durham, NC and another in Denver, CO. Our Venture Banking Group offers a
comprehensive suite of financial services focused on entrepreneurial and
venture-backed businesses and their capital and private equity investors.

For more information, visit
http://www.pacwest.com/lending-solutions/venture-lending, or reach out to
Britt Nelson at [email protected].
*Rocket Lab Aims At Lunar Orbit Mission*
<https://www.socaltech.com/fullstory/0082508.html>
Long Beach-based Rocket Lab says it has started payload integration to
launch a mission into lunar orbit. According to the company, it has started
payload integration on the CAPSTONE spacecraft, which is designed for lunar
orbit. The company said the spacecraft was designed and built by Tyvak
Nano-Satellite Systems, a Terran Orbital Corporation. (More...
<https://www.socaltech.com/fullstory/0082508.html>)

*Bird Drops Plans To Sell Vehicles, Will Streamline Business*
<https://www.socaltech.com/fullstory/0082507.html>
Santa Monica-based micromobility provider Bird will abandon selling its own
vehicles, including its e-bikes and scooters, and plans to "streamline" its
business, as it looks to reach profitability, the company said on Tuesday.
The company lowered its guidance for its revenues for 2022, saying it now
expects revenues for its Fiscal 2022 to be between $275M and $325M. The
company had earlier said it had expected revenues of more than $350M. (
More... <https://www.socaltech.com/fullstory/0082507.html>)

*Croquet Launches OS For The Metaverse*
<https://www.socaltech.com/fullstory/0082506.html>
Los Angeles-based *Croquet <https://www.croquet.io>* says it has launched
what it calls a "Metaverse operating system", which provides an "identical
shared virtual machine" which runes within the browser of any device.
According to the company, its tool will enable web developers to create
multi-user Web and Web3 virtual world "in the Metaverse". Croquet says it
is backed by SIP Global Partners, as well aso ther investors.(More...
<https://www.socaltech.com/fullstory/0082506.html>)

*Musk Balks At Twitter Deal, Clashes With CEO*
<https://www.socaltech.com/fullstory/0082504.html>
Elon Musk appears to be balking at his proposed acquisition of Twitter--or
at very least, how much he has proposed to pay for the company--publicly
clashing with Twitter's CEO and saying that the deal "cannot move forward"
until Twitter's CEO publicly shows proof of the company's estimate of the
number of fake/spam accounts on the service. Musk is CEO of Hawthorne,
California-based SpaceX, one of his few companies that still is
headquartered in California. (More...
<https://www.socaltech.com/fullstory/0082504.html>)

*Faraday Future Says It Won't Meet Quarterly Filing Date*
<https://www.socaltech.com/fullstory/0082505.html>
Los Angeles-based electric car maker Faraday Future looks to be digging
itself deeper into a hole with the Securities Exchange Commission (SEC),
saying late Monday afternoon that it will be unable to file its 10-Q
Quarterly Report for the period ended March 31, 2022 on time. The company
said it does expect to file by May 23rd the extended filing date. The
company said that, if it does not meet those dates, it expects to receive a
new notice of non-compliance from the NASDAQ. (More...
<https://www.socaltech.com/fullstory/0082505.html>)

*From Idea to IPO - KPMG’s Emerging Growth Practice < [email protected]>*
KPMG provides Bookkeeping, Audit, Tax, and Advisory services to assist you
at any stage of your life cycle. Whether you are starting your business,
strengthening your business, expanding into new markets, or pursuing an
exit, we have a global network of experienced resources that can take you
to the next level.

For more information, please contact Ryan Youhan at [email protected].
*Tech vs Media Episode 2: The Creators Era, and The Music Industry
<https://link.chtbl.com/aKC6DpJG>*
The Creators Era, and The Music Industry "Past, Present, and Future" with
Music Visionary and Executive Marc Geiger

How is the music industry transforming from physical to digital? Industry
leader and innovator Marc Geiger (co-founder of Lollapalooza, founder and
CEO of Artist Direct, head of World Wide Music for William Morris for 20
years, and current CEO and Chairman of SaveLive) shares insights into the
future of music, what exactly is the “Creators Era”, where NFTs fit in all
of this, and what was it like pioneering music e-commerce Mick Jagger.

Link: https://link.chtbl.com/aKC6DpJG

*Network Thinking Solutions - DevOps and Managed Services
<http://www.networkthinking.com>*
Network Thinking Solutions provides DevOps and Managed Services for Los
Angeles, Ventura and Santa Barbara counties. NTS helps development teams
implement, manage and monitor CI/CD, Load Balancing, Docker and Auto
Scaling technologies.

NTS also provides Desktop Managed Services for your business team which
includes Antivirus, Threat Protection, Ransomware Detection and Zero Trust
Policies.

Please reach us at [email protected] to start a conversation or
visit our website https://networkthinking.com/devops/
*Stradling <http://www.sycr.com>*
Stradling, Attorneys At Law ( href="http://www.sycr.com";>http://www.sycr.com
)

For more than 40 years top companies and municipalities have counted on
Stradling to have the right team and skills to meet their toughest
challenges 24/7, 365 days a year.
*Pixelgate.net - Internet Access, Web Hosting, Network Services
<http://www.pixelgate.net>*
We put the "Service" back into Internet Service Provider.
http://www.pixelgate.net

------------------------------
*Recent Funding <#funding>*
5/11/22 PrismPop
<https://www.socaltech.com/intelligence/?action=showdeal&id=103221>
Pasadena $5.00
M
5/09/22 AskGene
<https://www.socaltech.com/intelligence/?action=showdeal&id=103220>
Camarillo $20.00 M
5/02/22 LinearB
<https://www.socaltech.com/intelligence/?action=showdeal&id=103219> Santa
Monica $50.00 M
4/15/22 Obsidian Security
<https://www.socaltech.com/intelligence/?action=showdeal&id=103217> Newport
Beach $90.00 M
4/14/22 Welcome Tech
<https://www.socaltech.com/intelligence/?action=showdeal&id=103216> Los
Angeles $30.00 M
4/12/22 Studio
<https://www.socaltech.com/intelligence/?action=showdeal&id=103214> Los
Angeles $50.00 M
3/23/22 Gamefam
<https://www.socaltech.com/intelligence/?action=showdeal&id=103212> Los
Angeles $25.00 M
3/23/22 Subject
<https://www.socaltech.com/intelligence/?action=showdeal&id=103213> Los
Angeles $29.40 M
3/10/22 Menlo Microsystems, Inc.
<https://www.socaltech.com/intelligence/?action=showdeal&id=103211>
Irvine $150.00
M
3/10/22 Slingshot Aerospace
<https://www.socaltech.com/intelligence/?action=showdeal&id=103210> El
Segundo $25.00 M
2/22/22 Fama Technologies, Inc.
<https://www.socaltech.com/intelligence/?action=showdeal&id=103209> Los
Angeles $10.00 M
2/17/22 Voila
<https://www.socaltech.com/intelligence/?action=showdeal&id=103207> Los
Angeles $6.00 M
2/17/22 Spotter, Inc.
<https://www.socaltech.com/intelligence/?action=showdeal&id=103208> Beverly
Hills $200.00 M
2/15/22 Telgorithm
<https://www.socaltech.com/intelligence/?action=showdeal&id=103206>
Northridge $3.80 M
------------------------------
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------------------------------
*Recent Job Postings *
More jobs at http://www.socaltech.com/Jobs
------------------------------
------------------------------
*Sponsored By *

Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com).
Business. Technology. Law. Vision.

KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html)
Level up with KPMG



Email [email protected] for more information about sponsoring this
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