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Report: Snapchat Nearing 1 Billion In Ad Revenues

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A report, published by eMarketer on Tuesday, says that Venice, California-based Snapchat will earn an estimated $1 billion in ad revenues next year. The report predicted that Snapchat will represent 2 percent of social network ad dollars in the US next year. snapchat advertising social networking report estiateREAD MORE>>.

Report: LA Should Emulate San Francisco, NYC For Startup, Tech Efforts

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Tech Agenda report, edited by David C. angeles tech agenda report economic growth garcetti The L.A. READ MORE>>.

LA Startup Report 2013 | A Rising Forecast

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Despite the fact LA lacking VCs, Be Great reports VCs and angel firms invested an average of about $4 million, ranging from $25,000 to $30 million.

New Report Details Technology Job Concentration In Region

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technology jobs employment report nationwide angeles diego santa barbara irvineThe highest ranked was San Diego-Carlsbad-San Marcos , with 11.1

Report: Snapchat Raises $175M More

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According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. Snapchat has now raised more than $1.2 billion in funding.

Silicon Beach Report July 27: Edmunds.com Opens Massive New Headquarters

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Edmunds.com opens massive new headquarters, Hyperloop opens manufacturing facility in North Las Vegas, Influential raises $5 million, and more

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Report: Snapchat Acquires Bitstrips For Around $100M

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Fortune citing multiple sources, says the companies refused to comment on the deal. READ MORE>>.

Silicon Beach Report Sept. 14: Comparably Hires eHarmony’s President Armen Avedissian

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Comparably hires eHarmony’s president Armen Avedissian, LeEco buys production studio Dichotomy Creative Group, and Snapchat increases ad targeting

LA Leads In Entrepreneurs, Says Report

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The report covers all business entrepreneurs, not just those in the high tech industry. angeles entrepreneurship kauffman report entrepreneur businessThe information came out in the annual index, which showed that while 2010 had a very high startup rate--the highest in 15 years--those new businesses are not generating jobs.

Silicon Beach Report June 29: Avatar to Become Massive Multiplayer Game

L.A. Business Journal

Avatar to become massive multiplayer game, All Def Digital raises $10 million, Snapchat opens Paris office, and more

Report: Gender Gap In Tech Worst For 18-25 Year Olds

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Santa Monica-based salary comparison startup Comparably , which is led by startup veteran Jasaon Nazar, has run a survey of over 10,000 technology employers, to help break down some information about the pay gap between men and women. The startup's survey found that the pay gap is worst for women in the 18 to 25 year old age bracket. READ MORE>>.

Music Reports In Expansion

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Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. Music Reports is backed by ABRY Partners. music reports musicreports software reporting online expansion jobsREAD MORE>>.

Silicon Beach Report Aug. 3: Machinima Coming to Amazon Prime.

L.A. Business Journal

Sensay raises $4.5 million, Time Warner purchases 10 percent of Hulu, Machinima coming to Amazon Prime, and more

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Once High Flying Ouya On Block, Says Reports

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Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The sale comes due to debt owed to TriplePoint Capital, according to the report. OUYA is led by Julie Ehrman. READ MORE>>.

Report: Amazon Paid $15M For Latest Woody Allen Film

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Amazon.com has paid $15M for the untitled film from Woody Allen , according to the Hollywood Reporter, which said that the amount is more than three times what Woody Allen got for his last film. READ MORE>>. amazon prime instant video content hollywood woody allen director creative movie movies theater

Silicon Beach Report Aug. 16: Chow Now Integrated with Google Search

L.A. Business Journal

Chow Now integrated with Google search, Content Check acquires Honest Cooking, Intel to open L.A. virtual reality studio, and more

Spokeo Hits 150 Employees, Reports Growth

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Pasadena-based people search engine provider Spokeo is up to 150 employees in its Pasadena headquarters, almost double the number of employees it had in 2012, the company said today. The site--which is led by Harrison Tang--said the growth compaes as it saw 159 percent revenue growth between 2012 and 2014. READ MORE>>.

Silicon Beach Report Aug. 8: Walt Disney to Acquire Stake in MLB Streaming Platform for $1B

L.A. Business Journal

Walt Disney to acquire stake in MLB streaming platform for $1 billion, SpaceX Ships rocket to Texas for preliminary testing, West Hollywood’s Opinit acquired by Canadian app developer, and more

MySetLife Adds Content From Hollywood Reporter, FilmContact.com

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mysetlife hollywood reporter producer content filmmaker investedinDetails of the business arrangements with those firms was not announced.

Report: DreamWorks Animation, Comcast In Acquisition Talks

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A report this morning from the WSJ says that Glendale-based DreamWorks Animation SKG and Comcast are in talks, where Comcast will pay more than $3 billion for DreamWorks. The WSJ report cited "people familiar with the matter" in its report, which it says will put Comcast up against Walt Disney Co. READ MORE>>.

Tech Coast Angels Number Two In Angel Investments Report

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According to the report, the Tech Coast Angels slipped from last year''s number one position, due to the activity of the New York Angels.

Report: Pokemon Go Now On More Phones Than Twitter

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Irvine-based research firm MFour Mobile Research says that the Pokemon Go phenomenon has now resulted in the new, augmented reality game passing up Twitter in installations on smartphones. READ MORE>>. pokemon pokemongo videogame nintendo twitter smartphone research mfour analytics

Silicon Beach Report Aug. 5: Facebook Launches Snapchat-Like Camera

L.A. Business Journal

Facebook launches Snapchat-like camera, Wave VR raises to $2.5 million, Disney Channel launches short-form movies online, and more

Silicon Beach Report Aug. 30: Washio Folds Operations Following Inability to Find Buyer

L.A. Business Journal

Washio folds operations following inability to find buyer, SpaceX to launch recycled rocket, Jessica Alba joins other celebrities on Apple’s new TV show, and more

Los Angeles Has 5 Percent Of All Unicorns, Says Report

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Los Angeles has 8 percent of all the "unicorn" companies globally, according to a new study released Wednesday by the University of Southern California's Marshall School of Business. The school said the study companies as a unicorn if they exceeded a value of $1 billion during any month between January 2014 and the end of 2015. READ MORE>>.

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Silicon Beach Report July 19: Snapchat Confirms Bitstrips Acquisition

L.A. Business Journal

Snapchat confirms Bitstrips acquisition, Hyperloop One hits back at former executives, DreamWorks inks virtual reality deal, and more

Report: Lynda.com Tops $70M In Annual Revenues

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The new revenue numbers came via TechCrunch. READ MORE>>. lynda instruction online video help tutorial education

Report: Tinder Now Valued Over $5 Billion

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Los Angeles-based Tinder , the mobile dating app developer led by Sean Rad, is now worth over $5 billion, according to a report Friday from Bloomberg. Bloomberg said that IAC recently bought 10 percent of Tinder from venture capitalist Chamath Palihapitiya, for $500M. Bloomberg cited "people with knowledge of the deal." READ MORE>>.

Report: UCLA Among Top Schools For Googlers

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UCLA ranks with Stanford, UC Berkeley, MIT, and Carnegie Mellon as the top source of Google employees, according to the report. READ MORE>>.

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Silicon Beach Report July 26: Neil Clark Warren Steps Down as eHarmony’s CEO

L.A. Business Journal

Neil Clark Warren steps down as eHarmony’s chief executive, SteelHouse Countersues rival, Scopely raises $55 million, and more

Report: ExpenseCloud Acquired By TriNet

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Los Angeles-based expense management software and services developer ExpenseCloud , which was founded by Eric Sikola and Dan Fritcher, has been acquired by human resources provider Trinet , according to reports today. According to PandoDaily, citing "sources with direct knowledge of the transaction", the deal was signed last Thursday.

Silicon Beach Report Sept. 16: Newegg Receives Investment from Hangzhao Interactive

L.A. Business Journal

Newegg receives investment from Hangzhao Interactive, Ted Cruz fights ICANN’s transfer, Demand Media acquires The Other Art Fair for $1.5 million, and more

Music Reports Inks Major Deal With Pandora

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Woodland Hills-based Music Reports , which provides music rights administration services to the music industry, has inked a big deal with streaming music service Pandora. According to Pandora, it has tapped Music Reports to manage the mechanical licensing and royalty administration for its upcoming interactive streaming service.

Music Reports Signs Mobile Music Service

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Woodland Hills-based Music Reports , the developer of software used for managing music rights and royalties reporting, said this morning that it has signed a licensing and reporting agreement with Cricket Communications , the operator of the Muve Music digital music service. Financial details of the deal were not announced.

Los Angeles Accelerator Report Card: Too Early To Tell

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But, how are those accelerators doing so far in terms of attracting capital and attention to Southern California startups? Image courtesy Bigstock.

Ross Levinsohn Named Head of The Hollywood Reporter

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ross levinsohn hollywood content reporter publication entertainment guggenheim merger acquisition interactiveREAD MORE>>.

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Silicon Beach Report Aug. 1: Petnet’s System Goes Down, Angers Customers

L.A. Business Journal

Petnet’s system goes down and angers customers, Technicolor to Launch virtual and augmented reality center, Virgin Galactic Gets Flight Testing License, and more

The Colbert Report, Daily Show Return To Hulu

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media video streaming hollywood content report colbert show daily huluFinancial terms of the deal were not disclosed. READ MORE>>.

Report: Sling Media's Blake Krikorian Passes Away

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Blake Krikorian , the UCLA graduate who founded Sling Media , the maker of the Slingbox, has died, at the age of 48, according to reports trickling out of Silicon Valley. Krikorian apparently died of a heart attack yesterday in the San Francisco area. READ MORE>>. blake krikorian sling media slingbox

Nearly Half of U.S. Households Have TVs Connected To Internet, Says Report

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Nearly half of all U.S. That''s up from only 38% in 2012. Leichtman Research Group said it surveyed 1,211 households nationwide for the study.

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