TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

The Dronefather’s Next Flight

AEROSPACE: Karem turns to peacetime aerial taxisAircraft legend Abe Karem, renowned for his drone work that’s transformed warfare, said he is sure the technology in his electric-powered air taxi “Butterfly” will be a success, potentially revolutionizing the way people scoot around major cities in peacetime.

Amazon Likes Syntiant

Chips from Syntiant Corp. in Irvine will power products using Amazon’s Alexa voice service, including devices that need the most power.

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OCTANe Unit Raises $307M

Aliso Viejo-based OCTANe’s LaunchPad accelerator raised $307 million through the first six months of 2019.

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Esports CEO Ng: Huge Potential for New Public Co.

GAMING: $200M+ reverse merger complete

Allied Esports Entertainment Inc., an Irvine-based company that runs venues and live events for online gaming enthusiasts, sees major growth possibilities for the competitive side of the industry.

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Amazon ‘Scouts’ Irvine

Amazon.com Inc. (Nasdaq: AMZN) is testing delivery robots in Irvine.

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SEC Charges Stuart Frost

The Securities and Exchange Commission today charged Stuart Frost of Laguna Niguel and his investment advisory firm Frost Management Company LLC, with fraud and breach of fiduciary duties for charging over $14 million in undisclosed and excessive incubator fees to start-up companies.

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Alteryx Names New CMO

Irvine-based data analytics company Alteryx Inc. (Nyse: AYX) hired Amy Heidersbach as chief marketing officer to help fuel further growth.

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Hookah Warning From UCI

Hookah smoking may be trendy among college students, but University of California-Irvine researchers have warned about its dangers.

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Surf App Taps Wave Lovers

Huntington Beach-based Surfline has put its app on the Apple Watch.

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Glaukos to Buy Avedro

Glaukos Corp. (NYSE: GKOS), a San Clemente-based maker of devices to cure glaucoma, will purchase Avedro Inc. (Nasdaq: AVDR) to add what it calls “disruptive bio-activated pharmaceuticals.”

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Rocket Lab: We Can Re-Use Electron Launcher

Rocket Lab of Huntington Beach has presented plans to recover and re-fly the first stage of its Electron launch rocket, eventually capturing the vehicle by helicopter in mid-air.

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Alteryx Plans to Offer $700M in Convertible Notes

Irvine-based data analytics software maker Alteryx (Nyse: AYX) intends to offer $350 million of convertible senior notes due 2024 and $350 million of senior convertible notes due 2026, the company said in a statement today. Some of the proceeds may be used for acquisitions.

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Anduril Protecting USMC Bases

Palmer Luckey’s surveillance startup Anduril Industries nabbed a $13.5 million contract to expand services on four U.S. Marine Corps bases.

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Kingston Unit in Red Bull Deal

Kingston Technology Co.’s gaming equipment unit, HyperX, was named the exclusive supplier for Red Bull esports events.

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Toshiba Expands AEG Deal

Toshiba America Business Systems in Lake Forest extended and expanded a sponsorship deal with entertainment venue operator AEG.

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ShiftPixy Names New Finance Chief

Irvine-based ShiftPixy Inc., (Nasdaq: PIXY), a tech-based temp agency for restaurants, named Domonic Carney chief financial officer, replacing Patrice Launay, who is leaving a company that has steadily lost value this year.

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