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Snap accelerator names its latest cohort

TechCrunch LA

and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company. Wabisabi Design, Inc.

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GoTV Networks Launches New Mobile Social Networking App

socalTECH

Los Angeles-based GoTV Networks has launched a new mobile, social networking application focused on sharing pictures, videos, and text with their friends and family. GoTV Networks explained that it will support the new application with a combination of advertising and future micropayment subscriptions.

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MySpace Inks Advertising Deal With Orange

socalTECH

Los Angeles-based social networking site MySpace said today along with French firm Orange that they are in an advertising and content partnership. According to the companies, Orange Advertising Network will manage both premium and performance advertising sales for MySpace in France. READ MORE>>.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. ” MediaLab is a holding company that owns several other mobile properties , including anonymous social network Whisper and mixtape app DatPiff.

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Capturing The Entrepreneurial Energy At StartEngine's Demo Day

socalTECH

Will all that activity help create the next big technology, advertising, gaming, or e-commerce startup? Standing room only crowd at StartEngine). Much of the focus is on absorbing that energy, the enthusiasm of the startup community here has created over the last few years. It's unclear.

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StartEngine Debuts Eight New Startups At Demo Day

socalTECH

The accelerator is among a number that have emerged in Los Angeles in the past year or so; StartEngine specifically has been focusing on startups targeting consumers, small to medium sized businesses, and web infrastructure. StartEngine's founders are Howard Marks, who co-founded Activision, and investor Paul Kessler. READ MORE>>.

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China Roundup: Tencent’s new US gaming studio and WeChat’s new paywall

TechCrunch LA

Eleven-year-old TiMi currently has a team working out of Los Angeles on global business and plans to grow it into a full development studio that “helps us understand Western players and gives us a stronger global perspective,” said the studio’s international business director Vincent Gao. That’s finally changing.

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