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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

In a post on Kik’s blog on Friday the MediaLab said that it has “finalized an agreement” to acquire Kik Messenger. “ Kik is one of those amazing places that brings us back to those early aspirations,” the blog post read. In acquiring Kik, the holding company is expanding its mobile app portfolio.

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Data Centers on Wheels: How Intel Plans to Capitalize on Mobility

Xconomy

Intel sealed its commitment to become a player in the burgeoning autonomous vehicle industry when it bought computer vision company Mobileye for more than $15 billion in 2017.

Mobile 101
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Cybersecurity Firm Illumio’s Alan Cohen on the Tech Backlash of 2017

Xconomy

One of the largest and most consequential data breaches in 2017 afflicted credit reporting agency Equifax, and it was hardly the only victim.

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6 Information Surges Raise Huge Startup Opportunities

Startup Professionals Musings

Per a recent study by networking giant Cisco , the world’s yearly mobile data traffic has grown 17-fold over the past 5 years, reaching 11.5 exabytes per month at the end of 2017, of which more than half was video. Use internal collaboration platforms, then extend to online customers through your website, blogs, and social media.

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U.S. IPOs Surge Amid Nettlesome Risks; Top 10 Deals So Far in 2017

Xconomy

exchanges during the first half of 2017, according to the report EY Global IPO Trends. Improving economic fundamentals are stoking the IPO pipeline in the United States and elsewhere, according to a report issued Tuesday by the global consultant and accounting firm EY. Eighty companies raised a total of $22 billion on U.S.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

It was Iconiq that put a whopping $80 million into ServiceTitan just last year — and while the 2017 cash infusion may have been larger, the company’s valuation has continued to rise.

Glendale 271
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San Diego Tech Roundup: Bitmo, Dvele, Cybersecurity Report & More

Xconomy

Mobile app startup Bitmo announced it had raised more than $3 million in seed funding from investors including Everplus Capital, Longboard Capital Advisors, and several Southern California-based family fund offices. Bitmo’s mobile app allows users to send and receive digital gift cards that can be switched between a number of stores.