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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 on revenues of 418.14M for the year ended December 31, 2020.

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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 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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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.

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j2 Global's Q1 Revenues Rise To $299.9M

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Los Angeles-based J2 Global , the owner of such Internet publishing brands as IGN, Mashable, PCMag, Everyday Health, and also cloud services such as eFax, eVoice, KeepItSafe, and Livedrive, reported its quarterly results on Tuesday evening, saying that its quarterly revenues rose to a record of $299.9M.

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Southern California Leads In Green Businesses, Says Report

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A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. The report was compiled by research firm Colaborative Economics.