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Manalto Gets $1M For Social Media Content Management

socalTECH

Santa Monica-based Manalto has raised $1M in a seed funding round, for the company''s social media content management software. According to Manalto, the funding came from Europlay Capital Adivsors, Raven Capital, as well as high net worth individuals from Australia. The company is led by Anthony Owen. READ MORE>>.

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Soteria Intelligence Takes On Social Media Threat Identification

socalTECH

Los Angeles-based Soteria Intelligence said yesterday that it has launched a new, social media threat assessment service, to help find threats voice on social networks in real time. The new company is led by Aaron Schoenberger. The new company is led by Aaron Schoenberger. READ MORE>>.

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Snap Revenues Rise as User Growth Slows

L.A. Business Journal

the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30. While the company has beaten revenue expectations, it continues to see an increase in net loss.

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Snap Sees Daily Active Users Increase In Q2

socalTECH

the parent company of Snapchat , says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. The social media and communication software developer announced the numbers in its second quarter 2019 financial results. Santa Monica-based Snap Inc. ,

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ProBoards Looks To Revive Online Discussion Boards

socalTECH

In the age of social media, are online discussions boards obsolete? Lake Forest-based ProBoards doesn''t think so--based on the company''s update of its free Internet forum software, ProBoards Version 5. proboards online discussion board social media forums software update' READ MORE>>.

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Moviepilot Goes Native, Bets On LA, US Market

socalTECH

The move puts the company''s focused squarely on its Los Angeles operations. The sale netted the company $20M, which it will use to fund its U.S. Moviepilot''s web site focuses on film recommendations, film discovery, and the company also helps studios with social media campaigns.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter.

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