Amgen CEO Decries Federal Deliberations
Robert Bradway, chief executive of Thousand Oaks pharma giant Amgen Inc., has grown increasingly frustrated at the government’s unwillingness to come to terms with Amgen over its $27.8 billion acquisition deal of Irish pharma company Horizon Therapeutics. That deal, announced last December, hit a major stumbling block in May when the Federal Trade Commission filed […]
Making Power From Big Blocks
Energy Vault Holdings Inc. is close to deploying one of the world’s first gravity-based energy storage systems that functions without the use of water. The company, which has dual headquarters in Westlake Village and Lugano, Switzerland, expects to complete next quarter a plant near Shanghai, China, that will store and then release energy through the […]
Seismic Invests In Online Ads
Studio City-based Seismic Capital Group is launching its investment efforts with an initial capital deployment of $100 million. The company’s first investment will provide $10 million of funding to online media networking company Game Cloud Network Inc., which provides brands with infrastructure to advertise and engage with users inside of video games. “Right now, most […]
Xsolla Names Interim Chief Exec
Video game commerce company Xsolla has reshuffled its executive board. Chris Hewish, who was previously president of the Sherman Oaks-based company, has been appointed its interim chief executive officer. His predecessor, Konstantin Golubitsky, was appointed as Xsolla’s chief executive in February 2022, after serving as its chief technology officer for about nine years. The company […]
Dentity Seeks to Disrupt ID Authentification
Deep-fake technology, data hacking, and the rise of artificial intelligence have made it simple for bad actors to create fake identities for nefarious purposes, such as impersonating someone on a job interview, applying for a bank account, or even ordering an alcoholic beverage illegally. Dentity, a Santa Monica-based identity credentials platform, is looking to seize […]