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L.A. Among the Finalists for Amazon’s 2nd Headquarters
L.A. Business Journal
JANUARY 18, 2018
Los Angeles was named by Amazon as one of the 20 finalist cities for the Seattle e-commerce giant’s second headquarters
L.A. Business Journal
Silicon Beach Report Feb. 2: Science Closes $75 Million Fund
L.A. Business Journal
FEBRUARY 2, 2018
Science closes $75 million fund; Elon Musk’s Boring Co. sells all its flamethrowers; and Snapchat is selling hats and sweatshirts inside its app
Hackers Steal Client Data From Line 204 Studios
L.A. Business Journal
OCTOBER 30, 2017
Line 204, a Hollywood film and television production and rental company, said today hackers had stolen its client database. The extent of the breach is still being determined
Tesloop Ride Sharing Service Expands
L.A. Business Journal
JULY 3, 2017
Long-haul commuting is better in a Tesla. That’s the theory behind Tesloop of Culver City, a car service which ferries passengers on highway trips between 50 miles and 200 miles around Southern California in Tesla Inc.’s s Model X or Model S cars
Silicon Beach Report: Uber to Test Air Taxis in Los Angeles
L.A. Business Journal
MAY 10, 2018
Uber to test air taxis in Los Angeles; Snapchat hosts Creators Summit; Arrowroot pours $38 million into ClickFox
Silicon Beach Report May 18: Musk Goes Deep on Boring Co. Plans
L.A. Business Journal
MAY 18, 2018
Elon Musk revealed more details about his Boring Co. project; mobile game developer Gamelynx announced a $1.2 million raise to create a competitive e-sports game; venture capital firm Upfront Ventures continued to back Irvine-based Cloudvirga
Online Retailer Hollar Inc. Adds InVia Robots to Its Workforce
L.A. Business Journal
FEBRUARY 14, 2018
City of Commerce-based Hollar Inc., operators of an online discount store, recently announced that it had deployed 100 “picker robots” to help with automating fulfillment services at its warehouse
Silicon Beach Report May 17: Hulu Inks Deal with Vice
L.A. Business Journal
MAY 17, 2018
Hulu inks deal with Vice; CUJO AI lands Series B; Los Angeles to receive Verizon 5G before 2019
Silicon Beach Report May 16: Quarterback Gets $2.5 Million to Boost E-Sports Efforts
L.A. Business Journal
MAY 16, 2018
Quarterback gets $2.5 million to boost e-sports efforts; European Court rules against Netflix; Block 5 returns unscathed
Blockchain-Based Health Care Start-Up Curisium Raises $3.5 Million
L.A. Business Journal
DECEMBER 14, 2017
Curisium, a Manhattan Beach–based start-up company that allows health care systems and biotech firms to contract through blockchain technology, has raised $3.5 million from investors, officials announced Thursday
Silicon Beach Report May 15: Atom Tickets Inks Deal with Landmark Theatres
L.A. Business Journal
MAY 15, 2018
Atom Tickets inks deal with Landmark Theatres; Ride Share companies waive arbitration for sexual misconduct cases; Tinder gets settlement from Tantan
Silicon Beach Report Jan. 8: GoPro layoffs, Grindr founder leaving, new lights for Ring’s smart doorbells
L.A. Business Journal
JANUARY 8, 2018
GoPro announced layoffs and cost-cutting as the camera and software company exits the drone business; video doorbell maker Ring has acquired light maker Mr. Beams; and the founder of dating app Grindr is stepping down following the company’s acquisition by a Hong Kong-based mobile gaming company
Reliam Acquires Stratalux
L.A. Business Journal
APRIL 24, 2018
Reliam, a South Bay-based company that manages public cloud platforms for other businesses, announced it has acquired Stratalux, another South Bay-based cloud services company. Both Reliam and Stratalux work with Amazon Web Services and Reliam also works with Microsoft Azure
Silicon Beach Report May 14: U.S. Supreme Court Legalizes Sports Betting
L.A. Business Journal
MAY 14, 2018
Supreme Court legalizes sports betting; Snap Inc. officially tweaks App; Facebook suspends 200 Apps
Snap Names New Chief Financial Officer
L.A. Business Journal
MAY 7, 2018
Snap Inc. is changing chief financial officers from Drew Vollero to Tim Stone, a move that comes as the app company’s stock price is in sharp decline
Silicon Beach Report May 23: Real Office Centers, Co-Working Tenants Evicted from Santa Monica Office
L.A. Business Journal
MAY 23, 2017
Real Office Centers, co-working tenants evicted from Santa Monica office, Snapchat launches custom group stories, and Pepsi to label millions of cans with Snapchat codes
Bird Expands to Three New Markets, Announces Pledge
L.A. Business Journal
MARCH 27, 2018
Bird, the Santa Monica-based electric scooter ride-sharing company, announced it has opened operations in San Francisco, San Jose and Washington, D.C. on the heels of a March 13 Series B round that raised $100 million
Silicon Beach Report April 12: L.A. Seed Funding up from Q1 2017
L.A. Business Journal
APRIL 12, 2018
seed funding up from Q1 2017; Amazon drops price of Ring Doorbell; Former Sony CEO Andrew House joins KEYPR’s advisory board
Silicon Beach Report May 4: Google Partners with Fandango
L.A. Business Journal
MAY 4, 2018
Google partners with Fandango; Layoffs at Uproxx Media Group; lawmakers call for diversity in tech
Pasadena’s New Profile
L.A. Business Journal
FEBRUARY 23, 2018
Academia, Fortune 500 companies and tech, aerospace, biotech and engineering businesses mix in Pasadena
Billionaire Peter Thiel Moving to Los Angeles
L.A. Business Journal
FEBRUARY 15, 2018
Billionaire investor Peter Thiel is reportedly moving his residence, as well as his venture capital firm and non-profit, to Los Angeles after expressing frustration with what he sees as Silicon Valley’s overwhelming liberal politics and diminishing opportunities for tech investing
Miso Robotics Hires COO to Help Expand Restaurant Installations
L.A. Business Journal
DECEMBER 12, 2017
Miso Robotics, a maker of burger-flipping robotic arms, announced it has appointed former Yahoo executive Melissa Burghardt as its chief operating officer
Silicon Beach Report May 11: SpaceX Launches Block 5 on Second Try
L.A. Business Journal
MAY 11, 2018
SpaceX launches Block 5 after aborting Thursday; Millenials have strong feelings over Snapchat redesign; Overwatch Finals moved to Brooklyn
Kunlun Group Limited Completes Acquisition of Grindr
L.A. Business Journal
JANUARY 8, 2018
Hong Kong-based mobile gaming company Kunlun Group Limited has closed on its purchase of the remaining stake of Grindr LLC, a gay men’s dating app located in West Hollywood’s Pacific Design Center, the companies announced Monday
California Facing Competition for Video Game Industry
L.A. Business Journal
FEBRUARY 12, 2018
California is facing increasing competition from states and national governments for its video game industry, according to a report scheduled to be released on Feb. 13 by the Milken Institute
Silicon Beach Report May 9: Ring Launches Neighbors App
L.A. Business Journal
MAY 9, 2018
Ring launches Neighbors app; SpaceX Block 5 strives for reusability, Cornerstone OnDemand adds to board
Dog-Walking App Wag Lands $300M from SoftBank, New CEO
L.A. Business Journal
JANUARY 30, 2018
On-demand dog-walking app Wag landed a $300 million commitment from the SoftBank Vision Fund and announced former LifeLock executive Hilary Schneider as the company’s new chief executive
Silicon Beach Report Feb. 27: Amazon to Acquire Ring for Estimated $1 Billion
L.A. Business Journal
FEBRUARY 27, 2018
Amazon to acquire Ring for estimated $1 billion; Sprint plans for 5G network in Los Angeles; and Amp.it to participate in Google Demo Day
Silicon Beach Report May 8: ServiceTitan Among Top 25 Cloud Companies to Work For, Report Finds
L.A. Business Journal
MAY 8, 2018
ServiceTitan named Top 25 cloud company to work for; Fandango and Atom Tickets partner with
Electric Scooter Sharing Startup Bird Raises $15 Million
L.A. Business Journal
FEBRUARY 14, 2018
Electric scooter sharing startup Bird announced on Feb. 14 that it raised a $15 million Series A round
Silicon Beach Report May 7: Snap’s new CFO comes from Amazon, cryptocurrency hack targets Drupal sites
L.A. Business Journal
MAY 7, 2018
Snap taps Amazon exec as CFO; UCLA among 400 sites caught in cryptocurrency hack; Sirius XM opening in Hollywood
L.A. Tech Wages Rising Fastest in the Nation
L.A. Business Journal
AUGUST 19, 2016
Los Angeles County tech wages are growing faster than the earnings of tech employees in the nation’s other big cities, according to data from the U.S. Bureau of Labor Statistics compiled in a report by downtown real estate investment firm Jones Lang LaSalle Inc
Amazon Drops Price of Ring Doorbell
L.A. Business Journal
APRIL 12, 2018
Amazon.com Inc. didn’t waste any time dropping the price of Ring Inc.’s s video doorbell to $99.99 from the prior retail price of $149.99. The announcement came on April 12 at the same time Amazon and Ring officially closed the $1 billion acquisition
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