California Tech & Science
Modern Cinema Group Signs Agreement to Co-Finance ‘The Kim Sisters’ Movie
11 12 2017
Beverly Hills, California, Dec. 11, 2017 -- Modern Cinema Group, Inc. (OTCPK: MOCI) is proud to announce the signing of an agreement to co-finance the movie “The Kim Sisters” with one of Hollywood’s most successful producers, Lucas Foster and his production company “Warp LLC”.The movie “The Kim Sisters” is a highly engaging story about three teenage Korean girls who survive the Korean war and near-starvation to become a popular act for East Asian military bases and USO tours in the 1950s. After being discovered, these young girls were invited to America where they become a staple on television variety shows not to mention their long-running engagements in Las Vegas during the days of the legendary Rat Pack. With their 25 appearances on the Ed Sullivan Show, they are known as the most beloved vocal group in the show’s history. Their story has been referred to as the greatest Korean-American story never told.Lucas Foster, the producer of many successful action...
Former Apple India Executive Maneesh Dhir Joins Meta as COO
11 12 2017
SAN MATEO, Calif.--(BUSINESS WIRE)--Meta Company, a pioneer in the augmented reality (AR) field, announced today that former Apple India Managing Director Maneesh Dhir has joined the company as its new chief operating officer.
“I’m pleased to be at a forward-thinking company like Meta that is developing products that will change the way we communicate in the future,” said Dhir. “As COO, I look forward to preparing the company for future growth, driving increased customer adoption of the company’s technology and products, and the development of our next-generation product line.”
Before joining Meta, Dhir served as the managing director for Apple India, where he was responsible for expanding Apple’s retail presence, raising the customer experience, and growing Apple’s India business exponentially into a key revenue-generating market.
“We are particularly excited to tap into Maneesh’s unique level of expertise in successfully building and scaling large organizations...
IDG Communications Announces Digital Edge 50 Awards Winners to Honor Organizations Excelling at Digital Transformation
11 12 2017
Awards winners will share project insights and receive recognition at IDG's AGENDA18 conference
BOSTON, MA--(Marketwired - December 11, 2017) - IDG's AGENDA18 conference is excited to announce the 2018 Digital Edge 50 award winners. The award recognizes 50 organizations for digital transformation initiatives with significant, measurable business impact. The 50 winners will be honored onsite at the AGENDA18 conference, March 19-21, 2018, in Miami, Florida.
Transforming into a digital business is a key area of focus for organizations, and tech leaders are putting strategies into practice. With more than 250 projects nominated for the 2018 awards, the judging process was extremely competitive. Winning projects used technology to drive business innovation and even launch new business units, both to serve new customer segments through an end-to-end digital experience and to commercialize non-competitive company innovations. Technologies involved include artificial intelligence (AI),...
PSSC Labs Launches PowerWulf HPC Clusters With Pre-Configured Intel Data Center Blocks
11 12 2017
LAKE FOREST, Calif., Dec. 11, 2017 -- PSSC Labs, a developer of custom HPC and Big Data computing solutions, today announced its PowerWulf HPC clusters are now available with Intel's new Xeon® Scalable Processors and Intel's Omni-Path HPC Fabric to deliver the performance needed to tackle cutting edge computing tasks including real-time analytics, virtualized infrastructure and high-performance computing. PowerWulf clusters are built with Intel's Data Center Blocks to ensure a truly turnkey solution that addresses customer integration challenges. Today's customer datacenters require unique server solutions that run complex, business-critical workloads. Intel Data Center Blocks configurations are purpose-built with all-Intel technology, optimized to address the needs of specific market segments. These fully validated blocks deliver performance, reliability and quality for solutions customer want and can trust to handle their demanding cloud, HPC, and business...
Powin Energy Sells 110MWh of Operating Projects and Pipeline to esVolta
11 12 2017
TUALATIN, Ore., Dec. 11, 2017 -- Powin Energy Corporation (OTCQB:PWON), a leading manufacturer of fully integrated energy storage solutions, has sold over 110MWh of select project assets and contracted pipeline to esVolta. esVolta recently received a large financial commitment from Blue Sky Alternative Investments LLC to accelerate its growth in the North American utility-scale energy storage market. Powin Energy will be esVolta’s exclusive provider of energy storage systems through 2022.“Powin Energy’s business plan has long had the vision of transitioning the company out of the project development business and into being a fully dedicated energy storage systems and services provider,” said Geoffrey Brown, President of Powin Energy. “This transaction is the realization of that plan and will enable the company to focus all of its efforts on delivering the best energy storage systems in the industry to our developer and utility customers. esVolta and Blue Sky’s commitment to...
PacWest Bancorp Announces Loan Portfolio Sale
11 12 2017
LOS ANGELES, Dec. 11, 2017 -- PacWest Bancorp (Nasdaq:PACW) (“PacWest”) today announced it has agreed to sell cash flow loans with an aggregate carrying value of $1.49 billion as of November 30, 2017 and expects to recognize a pre-tax gain of approximately $13 million. In connection with the sale of this portfolio, PacWest is exiting its commercial lending origination operations related to Healthcare, Technology and General Cash Flows, while retaining and continuing to grow its Security Cash Flow business. PacWest will consider options for redeploying the liquidity generated by this transaction, including partially offsetting the anticipated negative impact to earnings per share by reducing the balance of wholesale deposits and potentially replacing the current $150 million share repurchase program with a larger authorization.Matt Wagner, President and CEO, commented, “For both cyclical and competitive reasons we have deemphasized growth in our cash flow lending except for our...
Juno Therapeutics and Celgene Corporation Release Additional Data from TRANSCEND Trial of JCAR017 in Patients with Relapsed or Refractory Aggressive B-cell Non-Hodgkin Lymphoma
11 12 2017
SEATTLE & SUMMIT, N.J.--(BUSINESS WIRE)--Juno Therapeutics, Inc. (NASDAQ: JUNO), a biopharmaceutical company developing innovative cellular immunotherapies for the treatment of cancer, and Celgene Corporation (NASDAQ: CELG) today released additional data from the TRANSCEND study of JCAR017 (lisocabtagene maraleucel; liso-cel) in patients with relapsed or refractory (r/r) aggressive B-cell non-Hodgkin lymphoma (NHL) in a presentation at the 59th American Society of Hematology (ASH) Annual Meeting and Exposition.
“We are highly encouraged by the latest efficacy and tolerability data, particularly at dose level two, as these are patients with a poor prognosis who need better treatment options,” said Sunil Agarwal, M.D., Juno’s President of Research and Development. “These data support a potential best-in-class profile and further support the importance of a defined cell product. We continue to enroll our pivotal cohort in DLBCL patients and over the next twelve to eighteen months...
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