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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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Napster Going To Rhapsody, Says Report

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A report today says that Napster , the online music service now owned by Best Buy, is being sold to Rhapsody. Los Angeles-based Napster was acquired by Best Buy in September of 2008 in a deal which was worth net value of approximately $54M. READ MORE>>.

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ZipRecruiter Files For IPO

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Los Angeles-based ZipRecruiter, a provider of recruiting tools for companies, has filed for an IPO, saying it is looking to raise as much as $100M in a public offering. The company reported net income of 86.0M The company, led by founder and CEO Ian Siegel, plans to list on the New York Stock Exchange under the symbol ZIP.

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Media Temple Parent GoDaddy Files For IPO

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GoDaddy , the parent company of Los Angeles premium website hosting service Media Temple , has filed for an IPO--in the process, showing that the company paid $94.48M in cash for Media Temple. The company reported a net loss of $131M for 2013, on revenues of $1.13 godaddy mediatemple merger acquisition exit hosting premium'

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ZipRecruiter Files For Direct NYSE Listing

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Los Angeles-based ZipRecruiter, a provider of recruiting tools for companies, has filed for a direct listing on the NYSE, saying it is looking to raise as much as $100M in a public offering. The company reported net income of 86.0M on revenues of 418.14M for the year ended December 31, 2020.

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Boingo Wireless Reports Quarterly Results

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Los Angeles-based Boingo Wireless , the operator of a network of Wi-Fi access points, has reported its first quarterly results as a public company. The firm reported a net loss of $329,000, versus a net loss of $127,000 for Q1 last year. Boingo said it had revenues of $21.0M, up from $18.5M

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Internet Brands Revenues Grow In Q2

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Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. According to Internet Brands, it had net income of $4.6M in net income on revenues of $23.2M The total brings the amount spent on acquisitions in the first half of the year to $16.2M in Q2 of 2009.