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Honey Acquired By PayPal For $4 Billion

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In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

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Snap Raises $250M From Saudi Family

socalTECH

Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M in the three months ended June 30, 2018, on revenues of $262M. Venice-based Snap Inc. , READ MORE>>.

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