Big Tech

There's about to be a slew of board level positions open for women this year.

Under California state law, public companies such as Warner Music Group must have three female board members, if their board has six or more members, by the end of the year. There are over 600 public companies in California that will need to fill a total of about 600 board seats with women, estimates Betsy Berkhemer-Credaire, chief executive of 50/50 Women on Boards.

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Relativity Space, the Long Beach 3D-printed rocket maker, has unveiled plans to create a fully reusable rocket.

CEO Tim Ellis told CNBC that the move is an "obvious evolution" for the company. The announcement comes on the heels of a hefty $500 million round he closed in November.

"It's the same architecture, the same propellant, the same factory, the same 3D printers, the same avionics and the same team," Ellis told the outlet.

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Fisker Inc. wants to make an electric car for global markets, and it plans to team with a manufacturer of Apple devices to make it a reality in less than three years.

Foxconn, the Taiwanese electronics producer, and the Manhattan Beach-based automaker announced Wednesday that the two companies signed a memorandum of understanding to develop and build an electric car toward the end of 2023 destined for not only North America and Europe markets, but also China and India. Fisker will lean on Foxconn's experience with supply chain for electric components, while it likely focuses on design. A formal partnership is expected sometime in the second quarter.

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