Kevin Costelloe

Staff Reporter

Email: costelloe@ocbj.com
Phone: 949-833-8373 Extension: 225

Recent Stories

Midday Stock Roundup

The markets rose on positive third-quarter results from banks and health companies and an indication that a Brexit deal may be soon announced.

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Experian Says ‘Boost’ Program a Success

OC Residents Get Higher Credit Scores

Costa Mesa-based Experian North America said its “Boost” program has let Americans nationwide add more than 11 million points to their FICO credit risk scores in the first six months, with plenty of Orange County residents taking advantage of it.

Cisoshare Trains Formerly Homeless on Cybersecurity

Country Faces a Huge Gap Of Cybercrime Fighters

A San Clemente-based cybersecurity company believes it has found a way to help fill the gap in U.S. computer-protection experts: recruit previously homeless people and help them into better-paying jobs.

Surge Protection Products Released

Industry Could Hit $4B in a Few Years

Irvine-based Infinite Electronics’ L-com brand has introduced a new line of electrical surge protectors for high-speed computer networks.

Morgan, Lewis Names New Managing Partner

LEGAL: James takes over from Bancroft

Collie James, the new managing partner at Morgan, Lewis & Bockius LLP in Costa Mesa, has some lessons he likes to impart to his colleagues, both the younger ones and the older ones.

Aerospace, Defense Firms Boost Employment

Luckey’s Anduril Grows; Top 31 See 4% Push

Aerospace and defense contractors in Orange County pushed up their employment numbers, proving once again in the words of one local flight pioneer, Tustin’s Abe Karem, that “the best place to do aircraft is Southern California.”

Training Ex-Homeless to Hit Cybercrime

Cisoshare and United Way are training the formerly homeless to fight cybercrime.

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Enevate Adviser Shares Nobel

John Goodenough, a member of Irvine-based Enevate’s technology advisory board, has shared in the Nobel Prize in chemistry with two other scientists for the development of lithium-ion batteries.

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Midday Stock Roundup

The S&P 500 fell 0.9% to 2,913.41 during midday trading. (keep reading)

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Antarctica Inspires Mavenlink CEO to Be ‘Explorer at Heart’

SOFTWARE: Sees 50% revenue growth, hiring 100 this year

Working in 100 degrees below zero in the Antarctic decades ago taught Mavenlink Inc. Chief Executive Ray Grainger how to be adaptable.

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UCI Applies Machine Learning To Predict Wildfire Sizes

Have Already Helped Forecast Extent of Blazes in Alaska

University of California-Irvine scientists will be exploring ways to use machine learning to predict the spread of California’s wildfires once they’ve ignited.

ViewSonic Chief Looks to Link AV, IT

TECHNOLOGY: Network teams need to sync up

It’s a marriage that both sides need to work on: the uniting of a company’s audio-visual team and its computer network mavens.

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Econ 101: Immigration Reform Vital for Tech

RSM Chief Sees ‘Critical Shortage’ of Local Housing

Joe Brusuelas, chief economist at accounting, tax and consulting firm RSM US, has a clear solution for Orange County’s difficulties in finding people to fill jobs in the tech sector: immigration reform to attract more qualified workers.

Ephesoft Streamlines Back-Office Functions

Robotic Process Automation At Core of Document Handling

Irvine-based software developer Ephesoft Inc. has signed an agreement with Automation Anywhere to help companies delegate more back-office functions to machines.

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Gamer Media Company Strikes Reuters Deal

Esportz CEO Calls OC ‘Epicenter’ of Industry

Irvine-based Esportz Network says Orange County is the epicenter for California’s gamers.

Alteryx Buys Massachusetts AI Company Feature Labs

Irvine-based data analytics company Alteryx Inc. has bought Feature Labs, a machine learning and artificial intelligence software firm launched from the Massachusetts Institute of Technology.

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Midday Stock Roundup

The S&P 500 fell 0.9% to 2,949.69 during midday trading. (continue reading)

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Allied Esports Gets New CFO

On the heels of its tapping of public markets, Irvine-based Allied Esports Entertainment, Inc. (Nasdaq: AESE) named Anthony Hung CFO, replacing Kenneth DeCubellis, effective Sept. 24.

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Solar Firm Lands $210M Loan

Texas Solar Plant Could Support 30,000 Homes

Irvine-based solar energy company 174 Power Global Corp. is moving forward with a major project in western Texas.

L Squared Eyes $60M For Defense, Aerospace M&A

Seeks to Consolidate Mission-Critical Cos.

L Squared Capital Partners of Newport Beach sees a consolidation opportunity in a corner of the defense and aerospace industry.

Veritone Sees Upside In Microsoft Opportunities

Firm’s aiWARE Aids US Agencies on Azure

Veritone Inc. President Ryan Steelberg sees further opportunities for working with Microsoft, following an agreement to put the Costa Mesa company’s aiWARE artificial intelligence operating system on the computer giant’s Azure Government cloud platform.

Trump Target CrowdStrike Stands Firm

CrowdStrike Holdings Inc. reiterated its findings regarding a 2016 computer hack of the Democratic National Committee; President Donald Trump had mentioned the company in a phone call with the leader of Ukraine.

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McClure Leaving Cylance

Stuart McClure, who co-founded Irvine-based security company Cylance in 2012, has decided to leave the firm following its purchase by BlackBerry Ltd., the Canadian company’s CEO said.

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Midday Stock Roundup

The S&P 500 fell 0.7% to 2,970.78 during midday trading. (continue reading)

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Mobile Tech Devices Boost Driving Risks

Online Shopping Common; CSUF Awareness Efforts

When it comes to using a mobile device behind the wheel, drivers in Orange County and nearby Los Angeles County take even more risks than the national average.

Moon Shot: Tyvak Part of Lunar Project

AEROSPACE: NASA funds $13.7M Capstone contract

Small-satellite developer Tyvak Nano-Satellite Systems Inc. of Irvine will be playing a key part in a NASA-funded lunar-orbit project.

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Kingston Presents Super-Secure USB Sticks

Encryption-Protected; Trade Show Display

With governments tightening up on data privacy requirements, Fountain Valley-based Kingston Technology Corp., OC’s largest consumer electronics maker, put its encryption-protected USB sticks on display at major tech show this month in Chicago.

Toshiba Sees Greater Demand for Labeling

Back-Office Uses; Pharmaceutical Clients

Toshiba America Business Solutions of Lake Forest is helping businesses improve their back-office printed labeling efforts.

OC Unemployment Down in August

Orange County’s unadjusted unemployment rate fell to 3% in August from a revised 3.2 % in July and below the year-ago estimate of 3.1%, according to the state Employment Development Department.

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OC Drivers Risk More on Tech

California State University-Fullerton hosted a public policy presentation by a unit of insurance giant Travelers this month that focused on the risks of using mobile technology while driving.

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Kingston Sticks Require Access

Kinston Technology Corp. added layers of protection to a line of memory sticks.

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Midday Stock Roundup

The S&P 500 was flat at 2,996.78 during midday trading.

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Lantronix Showcases IoT at Summit

Ingram Micro Hosts Event in Spectrum

Computer networking products maker  Lantronix Inc. showcased its latest devices to link various products to the internet for business purposes at a tech summit in Irvine this month.

Ingram, Microsoft Ink HoloLens 2 Deal

Irvine Heads Distribution Of Mixed Reality Headset

Ingram Micro Inc. sees more opportunities to work with Microsoft following a global distribution deal for the software giant’s HoloLens 2, said Eric Hembree, an executive of the Irvine-based company.

Study Rejects Link Between Screen Time, Mental Health

EDUCATION: UCI research cites positive teen impact

Good news for Orange County’s contingent of gaming software companies, esports firms and smartphone app makers, not to mention concerned parents: there is “little evidence” to support the popular notion that tech time creates mental health problems for teenagers glued to their smartphones, a new report says.

Clean Energy on Growth Push After Latest Deals

$2B Valuation Possible, Newport Beach Exec Says

When Clean Energy Fuels Corp. of Newport Beach looks to the future, it thinks big, very big.

Veritone Plants AI Flag At Microsoft

Costa Mesa-based Veritone Inc. (Nasdaq: VERI) said its aiWARE artificial intelligence system launched on Microsoft Azure Government, which works with federal and other government agencies to secure and store data in the Cloud.

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Midday Stock Roundup

The S&P 500 fell 0.3% to 2,970.90 during midday trading.

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WD Offers Gamers A Helping Hand

Products Avoid Fave Game ‘Sacrifice’

Memory products maker Western Digital Corp. (Nasdaq: WDC) has come to the rescue of gamers running out of storage space.

Vizio Aims to Improve Cinematic Experience

TV’s ‘Filmmaker Mode’ Has Scorsese’s Backing

Irvine-based smart TV maker Vizio Inc. is joining an industry move to make sure you can watch movies and TV shows at home the way the director intended.

Econolite Sees Green With Stoplights Connected to Cars

ENGINEERING: Says AI cars to speed commute

The next time you’re sitting in traffic waiting for the light to turn green, think of Econolite.

Cloudvirga’s HQ Move Will Lead to More Jobs

New CEO Says 50 Hires Likely

Dan Sogorka, the new chief executive of Cloudvirga Inc., said the fast-growing mortgage software company will probably add 50 more Orange County employees over the next 12 months.

Cloudvirga Plans to Hire 50

Irvine-based Cloudvirga plans to add 50 employees over the next year following its move to UCI Research Park.

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Ingram Micro to Distribute Microsoft Goggles

Irvine-based technology wholesale distributor Ingram Micro Inc. will market, sell and support the Microsoft HoloLens 2 mixed-reality headset globally, starting in North America.

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Midday Stock Roundup

The S&P 500 fell 0.8% to 2,903.93 during midday trading. (continue reading)

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DreamHack Event Coming to Anaheim

1st West Coast Stop Next February

Attention, gamers and esports fans in OC: the DreamHack gaming lifestyle event is headed this way.

Rocket Lab’s Latest: Maritime, Air Force Satellites

CEO Beck: 100% Mission Success to Date

Rocket Lab, the aerospace manufacturer and small satellite launcher of Huntington Beach, launched its eighth Electron space mission late last month, taking another step toward its goal of vehicle reusability and more frequent missions.

Bascom Refi For 11 Complexes

Santa Ana Site Among Portfolio

Irvine’s Bascom Group, one of the largest apartment owners based in Orange County, has refinanced 11 properties it owns, spread across five states.

Podcast Network Links up with Veritone

Using Costa Mesa Company’s AI Software

Podcast host ART19 will be using Veritone Inc.’s (Nasdaq: VERI) artificial intelligence software to provide target ads based on the content of an individual episode.

Rocket Lab Makes Maritime, USAF Launches

Rocket Lab launched satellites for a French maritime surveillance startup and the U.S. Air Force.

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