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Readz Launches Mobile Marketing Tools, Backed by $7.15M

socalTECH

The company said the funding actually came over the last few years, with backing from such investors as Parana Management Corp. The company says it first raised funding in 2011, and has been operating in stealth mode. Readz is led by Bart De Pelsmaeker. READ MORE>>.

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The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong

Both Sides of the Table

The New York Times recently ran an article titled, “ Tech Companies Leave Phone Calls Behind.” The premise of the article is that in an increasingly online world ruled by techies who don’t want to talk on the phone, the era of being able to call the company in which you do business is winding down. Let me explain: 1.

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Remember The Phone Company? It’s Back And It’s Called Facebook

InfoChachkie

Quick - name a phone company. According to the author, 60% of Facebook’s revenue comes from mobile ads, double that of the prior year. According to the author, 60% of Facebook’s revenue comes from mobile ads, double that of the prior year. Yep, Facebook is a phone company.

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Ten Of The Top Tech Companies For Employees In LA

socalTECH

Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. Despite a huge number of companies, we found there are a number which. Demand Media consistently popped up near number one in the list of "companies to work for" from our readers. Demand Media.

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Scopely Finds $200M In Series D Funding

socalTECH

Los Angeles-based mobile games developer Scopely has raised a $200M, Series D funding, which it says it will use for acquisitions, the company announed early this morning. The company was founded in 2011, and has now raised over $487M in total funding since founding.

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Sonos Drops Support For iOS 4, 5

socalTECH

Whole home music system developer Sonos is dropping support for Apple''s iOS 4 and 5, the company told its users Tuesday, meaning that the company''s systems will no longer work with first generation iPad, iPhone 3G, and second and third generations of the iPod Touch. Apple''s iOS 4 was introduced in 2010; iOS 5 was launched in 2011.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

socalTECH

According to the WSJ--citing "people briefed on the matter"--Snapchat turned down the offer after Chinese e-commerce firm Tencent offered to lead an investment valuing the company at $4 billion. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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