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New Talent at Loop Media’s Content Shop

Greg Drebin brings expertise from Universal Music, MTV.

Short form video distributor Loop Media Inc. has brought on a veteran entertainment industry executive as the chief content and marketing officer for Loop Media Studios.

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Amgen Licenses Experimental Drug for Tuberculosis, Leprosy Treatment

Amgen Inc. has licensed one of its investigational pipeline drugs to Medicines Development for Global Health for the treatment of tuberculosis and leprosy.

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Bankers Recall ‘Chaotic’ Rollout of PPP Lending

LIST: Rule changes, safety of employees and clients among top challenges.

“It was chaotic to say the least.” That was how Tamara Gurney, chief executive of Mission Valley Bank, summarized the process of giving out Payroll Protection Program loans to small businesses.

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Teledyne Taps Funding for Underwater Map Technology

Teledyne CARIS, a subsidiary of Teledyne Technologies Inc. in Thousand Oaks, has received “significant funding” from Canada’s Ocean Supercluster to develop a software system for remote underwater surveying.

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Dine Brands Looks to Close Sites

Franchisor to shutter ‘up to 100’ IHOPs, 15 Applebee’s.

IHOP’s parent company said it expects to close “up to 100” of the chain’s restaurants over the next six months, a direct result of the pandemic’s chokehold on the food service industry.

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NetSol Names Co-Founder as President

NetSol Technologies Inc. has named Naeem Ghauri as its new president, effective immediately.

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MannKind Buys QrumPharma for $3.5 Million

MannKind Corp. announced it has acquired Pennsylvania-based QrumPharma Inc. for $3.5 million in cash and more than 3 million shares of its common stock.

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Amgen Ends Drug Collaboration With Cytokinetics

Amgen Inc. has terminated its collaboration with Bay area startup Cytokinetics.

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Advocate Seeks Change in the Valley Via 501(c)(3)

Daily protests in Sherman Oaks spawn organization.

Latora Green has been protesting police brutality and institutional racism on the steps of the Sherman Oaks Galleria for 176 consecutive days.

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MannKind Alters Credit Facility

MannKind Corp. announced Tuesday that it has changed the terms of its credit facility with MidCap Financial Trust.

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Local Biotech Makes Deal with Giant

Agoura Hills biotech company A2 Biotherapeutics on Wednesday announced it has entered into a collaboration agreement with pharma giant Merck to further develop its cancer therapies.

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Semtech, Ripl to Develop Ship Tracking System for Pentagon

Camarillo semiconductor developer Semtech Corp. and Ripl Networks have been selected by the U.S. Defense Department to deploy a tracking product for foreign guest and fleet ships at naval ports.

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Teledyne Wins $85 Million Contract for NASA’s Moon Missions

A subsidiary of Teledyne Technologies Inc. has been awarded an $85 million contract to supply two launch vehicle stage adapters for NASA’s Artemis moon missions.

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Agoura Hills Developer Proposes 171-Key Hotel in NoHo

An Agoura Hills developer has filed plans for a proposed seven-story hotel in North Hollywood.

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Affordable Housing Asset in Sylmar Sells for $29.4 Million

A 200-unit affordable housing complex in Sylmar has sold for $29.4 million, or $147,000 per unit.

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Insomniac Games Plays into Sony’s PS5 Launch

Console marketing features ‘Miles Morales,’ ‘Rift.’

Video games made by a Burbank development studio played a central role in the launch of Sony Corp.’s next-generation PlayStation 5 console.

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Prop 15 Behind in Vote Count

California ballot measure Proposition 15 — the split-roll tax proposal meant to create higher taxes on commercial and industrial properties — was lagging by a fairly narrow margin as of mid-day Wednesday.

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Developers Express Early Interest in Building Movie Studio in Santa Clarita

A “One Stop”’ review has been performed on a proposed 93-acre movie studio in Placerita Canyon, according to Santa Clarita city officials.

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Dine Brands to Close Underperforming IHOP Restaurants

Dine Brands Global Inc. expects to close as many as 100 IHOP restaurants over the next six months.

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Celebrity Taco to Benefit Nonprofit

Foo Fighters’ singer Dave Grohl designs charity menu items.

Sherman Oaks restaurant Casa Vega has partnered with big name rock stars to design limited edition tacos, the sales of which will benefit a local charity.