*socaltech.com <http://socaltech.com> TechNews - Wednesday, July 19, 2023* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
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KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Overwatch League Staffers Cut At Activision <#0083549> - Activision, Microsoft Extend Deadline <#0083548> - Tesla Pulls Out Patents Acquired In Maxwell Technologies Buy <#0083547> - LOMA Targets Local Marketing <#0083546> - Futureverse Raises $54M For AI Metaverse Tools <#0083544> - Rocket Lab Successfully Launches NASA Mission <#0083545> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> *Wednesday, July 19, 2023* *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]. *Overwatch League Staffers Cut At Activision* <https://www.socaltech.com/fullstory/0083549.html> Activision Blizzard has reportedly laid off around 50 esports staff, as part of a potential overhaul of the Overwatch League, according to reports today. The reports cite a former staffer saying that the company may use a "skeleton crew" to finish off the Overwatch League and World Series of Warzone series, but may be ending its city-based franchise format for e-sports. That mode was based on the professional sports team franchise model. (More... <https://www.socaltech.com/fullstory/0083549.html>) *Activision, Microsoft Extend Deadline* <https://www.socaltech.com/fullstory/0083548.html> Santa Monica-based Activision Blizzard and Microsoft have agreed to extend their deadline to complete their $68.7 billion merger, among "remaining regulatory concerns". According to the two companies, they have extended their deadline to complete the deal until October 18th. The original deadline was July 18th. The two cited the need to "allow for additional time to resolve remaining regulatory concerns". (More... <https://www.socaltech.com/fullstory/0083548.html>) *Tesla Pulls Out Patents Acquired In Maxwell Technologies Buy* <https://www.socaltech.com/fullstory/0083547.html> Electric vehicle manufacturer *Tesla <https://www.tesla.com>* is in a patent infringement lawsuit, using patents it acquired when it purchased San Diego-based *Maxwell Technologies* in 2019. In a new lawsuit <https://insideevs.com/news/677619/tesla-sues-cap-xx-patent-infringement/>, Tesla has sued Australian battery technology company *Cap-XX*, alleging Cap-XX has infringed on supercapacitor patents its acquired when it purchased Maxwell Technologies.(More... <https://www.socaltech.com/fullstory/0083547.html>) *LOMA Targets Local Marketing* <https://www.socaltech.com/fullstory/0083546.html> Los Angeles-based *LOMA <http://www.lomafunds.com>* said today that it has launched a new platform aimed at helping with the local store marketing of franchises. The company claims its software helps take the load off busy franchise marketing departments and franchisees. The new startup is led by startup veteran <https://www.socaltech.com/interview_with_alex_nocifera_field_day/s-0081413.html> Alex Nocifera; the company's CMO is Brett Campbell.(More... <https://www.socaltech.com/fullstory/0083546.html>) *Futureverse Raises $54M For AI Metaverse Tools* <https://www.socaltech.com/fullstory/0083544.html> Los Angeles-based Futureverse, a developer of generative AI technology which is focused on the gaming market, says it has raised $54M in a Series A funding. The funding was led by 10T Holdings, and also included Ripple. Futureverse says its AI content generation tools are "designed to enhance the music, objects, characters and animations that make up the metaverse. ( More... <https://www.socaltech.com/fullstory/0083544.html>) *Rocket Lab Successfully Launches NASA Mission* <https://www.socaltech.com/fullstory/0083545.html> Long Beach-based Rocket Lab successfullly launched a NASA mission to space, and recovered the company's first stage in New Zealand yesterday. According to Rocket Lab, the "Baby Come Back" mission deployed seven satellites to space, including a payload from NASA (the Starling CubeSat mission), and satellites from Space Flight Laboratory (SFL) and Spire Global. Rocket Lab also recovered its first stage in a "soft splashdown" using parachutes into the ocean. (More... <https://www.socaltech.com/fullstory/0083545.html>) *Accelerating Growth For Early Stage Innovation. <http://www.preccelerator.com>* The Preccelerator® Program is an accelerator for early-stage startups offered to select companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides initial capital, sophisticated legal services, interim office space, mentorship, a targeted curriculum, investment strategy counseling and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. www.preccelerator.com *IP Protection for Technology and Business - SoCal IP Law Group LLP <http://www.socalip.com>* Patents. Trademarks. Copyrights. Trade Secrets. IP Filings. IP Strategy. IP Litigation. IP Transactions. US and Worldwide. Offices in Westlake Village and Santa Barbara. [email protected] www.socalip.com *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>* 4/13/23 Altruist <https://www.socaltech.com/intelligence/?action=showdeal&id=110844> Culver City $112.00 M 2/10/23 Fabric8Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=110604> San Diego $50.00 M 1/31/23 Saviynt <https://www.socaltech.com/intelligence/?action=showdeal&id=110563> El Segundo $205.00 M 1/23/23 ADARx Pharmaceuticals, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=110494> San Diego $46.10 M 1/19/23 PLAI Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103242> Culver City $32.00 M 1/19/23 Oro Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103241> Los Angeles $13.00 M 1/19/23 ContractSafe <https://www.socaltech.com/intelligence/?action=showdeal&id=103240> Malibu $27.50 M 1/17/23 Sensible Weather <https://www.socaltech.com/intelligence/?action=showdeal&id=103239> Santa Monica $0.00 M 1/10/23 CRISPR QC <https://www.socaltech.com/intelligence/?action=showdeal&id=103238> San Diego $1.60 M 1/10/23 Cari Health <https://www.socaltech.com/intelligence/?action=showdeal&id=103237> San Diego $3.20 M 1/09/23 PBS Biotech <https://www.socaltech.com/intelligence/?action=showdeal&id=103236> Camarillo $22.00 M 12/07/22 Drata Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103235> San Marcos $200.00 M 10/21/22 Kudos Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=103234> Woodland Hills $7.00 M 9/22/22 TheoryCraft Games <https://www.socaltech.com/intelligence/?action=showdeal&id=103233> Los Angeles $50.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ ------------------------------ ------------------------------ *Sponsored By * Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). 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