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TikTok Sale to Oracle, Walmart in Limbo

L.A. Business Journal

Plans for the sale of TikTok’s U.S. business to Oracle Corp. and Walmart Inc. have reportedly stalled as the Biden administration eases pressure on the social media company’s Beijing-based parent company.

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TrueCar Sales Fall Amid Supply Chain Shortages

L.A. Business Journal

s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report. Santa Monica-based automotive technology platform TrueCar Inc.’s

Truecar 130
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Ouya Near Sale, Says Reports

socalTECH

Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer , according to reports. Ouya had been venture backed by Kleiner Perkins Caufield & Byers, and including Mayfield Fund, NVIDIA, Shasta Ventures, and Occam Partners, and had raised over $8.6M

Sales 100
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Pipeliner CRM Enhances Reporting Tools

socalTECH

Los Angeles-based Pipeliner CRM, which develops customer relationship management software for sales teams, recently released a new update to its software, adding new reporting and analytics features.

Report 113
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Report: Broadcom Mulls Sales Of Radio Frequency Chip Business

socalTECH

Broadcom is reportedly looking to sell its radio frequency chips business--which has significant operations in Orange County--to either Qorvo or Skyworks Solutions, according to a report on Friday from Bloomberg. The report says the deal could be worth a much as $10 billion. Broadcom's RF chips are used in mobile phones and elsewhere.

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Rivian Facing Discrimination Lawsuit From Former Sales, Marketing VP

socalTECH

The lawsuit--filed Thursday in Orange County--alleges that Rivian fired an executive at the company after she reported gender discrimination at the company. The executive who filed the lawsuit, Laura Schwab, was previousl President at Aston Martin and was leading Rivian's sales and marketing efforts as VP of Sales and Marketing.

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Report: Comcast Considering Sale Of Stake In Hulu

socalTECH

It appears that another one of the owners of Los Angeles-based streaming television provider Hulu may be looking to unload its current, minority stake in the company, according to a report from CNBC this morning. The report named "people familiar with the matter" in the report. Hulu just purchased a 9.5

Hulu 113