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US Sees Big Bump In IPOS In First Half Of 2017

socalTECH

The United States saw a big bump in IPOs in the first half of 2017, according to a report from E&Y issued on Tuesday afternoon. According to the EY Global IPO Trends: Q2 2017 report, there has been "brisk" IPO activity globally, in what the report says is "one of its strongest starts in nearly a decade."

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Snap is channeling Asia’s messaging giants with its move into gaming

TechCrunch LA

The company unveiled a series of new strategies that are aimed at breathing fresh life into the service which has been ruthlessly cloned by Facebook across Instagram, WhatsApp, and even its primary social network. Snap has consistently lost users since going public in 2017. The result?

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Snap's Evan Spiegel Pulls Down Massive $637.8M Paycheck In 2017

socalTECH

in compensation in 2017, in combined stock options and salary--the third highest CEO payout ever , according to Reuters. Evan Spiegel , the CEO of Venice, California-based Snap Inc. , the parent company of Snapchat , was paid $637.8M Spiegel's big payday was split between $636.6M in stock-based awards, plus $1.2M

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Snap Cuts 120 Engineers, Citing Job Performance

socalTECH

Venice, California-based social networking app developer Snap Inc. in 2017, the third highest annual payout of a CEO, ever , according a report last month from Reuters. The layoffs represent around 10 percent of Snap's engineering team. Snap also cut employees in December. Snap also cut employees in December. READ MORE>>.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

” MediaLab is a holding company that owns several other mobile properties , including anonymous social network Whisper and mixtape app DatPiff. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.

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AITP-LA February Tech Meetup

SoCal Tech Calendar

Wednesday, February 22, 2017 -- AITP-LA February Tech Meetup. AITP-LA February Tech meetup You are invited to an outstanding networking event to connect with professionals in technology, content management, digital media, project and quality management. Learn of others’ visions, find common interests and opportunities.

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6 Ways Tech Startups Are Changing in 2019

Tech.Co

Industry analyst Mary Meeker’s 2018 Internet Trends presentation relies on data gathered across 2017. user base jumped a massive 10 million users between the third and fourth quarters of 2017. In 2017, on-demand or “gig” workers grew nearly a quarter — 23 percent — over the previous year. The Amazon Echo’s U.S.

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