Tag Archives: Google

Google Is Helping SpaceX Bring Satellite Internet to the Masses

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Elon Musk

Google is helping SpaceX bring high-speed Internet to the masses with a constellation of small satellites.

SpaceX announced in a blog post today that Google and Fidelity have invested $1 billion in the Hawthorne-based rocket maker. The investment gives SpaceX a $10 billion valuation, with Google and Fidelity owning a 10 percent stake in the company.

Musk hopes a network of low-flying satellites will be able to provide Internet speeds that rival land-line connections and one day provide a communication link between Earth and Mars, which Musk hopes to colonize.

Read the full story at DailyBreeze.com

Business incubator for teens planned in Manhattan Beach

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Chamber of Commerce to launch Young Entrepreneurs Academy

Mira Costa High School freshman Ryan Ulrich applied for the Manhattan Beach program because he's interested in starting a surf clothing line.

Mira Costa High School freshman Ryan Ulrich applied for the Manhattan Beach program because he’s interested in starting a surf clothing line.

With median home prices in the $1 million range, Manhattan Beach is no place for beach bums.

Maybe that’s why the Manhattan Beach Chamber of Commerce is creating a business incubator — so that kids will one day be able to buy a home in the place they grew up.

Continue reading “Business incubator for teens planned in Manhattan Beach” »

Google expands Playa Vista footprint with 12-acre purchase

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After months of speculation, Google has purchased 12-acres of office space in Playa Vista that could accommodate as many as 6,000 engineers.

The $120 million lots run along the north side of the Hughes “Spruce Goose” hangar, which is across the street from the Google-owned YouTube Space LA, a film and production studio for YouTube content creators.

The Google buy “really makes and brands Playa Vista as the tech and innovation capital of Los Angeles,” Playa Vista’s city councilman Mike Bonin told the LA Times.

Bonin was “stoked” to hold his swearing-in ceremony last year at Google’s Venice offices, a binoculars-shaped building designed by Frank Gehry.

Brookfield Residential, which is developing high-end housing in Playa Vista, is also likely stoked by the prospect of thousands of high-salaried professionals moving into the area.

The rising rents in Silicon Beach are sure to follow.