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Triller Makes Two Acquisitions, Appoints New CEO

L.A. Business Journal

Triller Network, the owner of the Triller social media app and several streaming businesses, announced April 14 that it had acquired live event and pay-per-view platform Fite and had reached an agreement to purchase software developer Truverse Inc., doing business as Amplify.ai.

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WSJ Top Startups List: SoCal Matches Silicon Valley On IPOs

socalTECH

One of the most interesting things about the Wall Street Journal's list of top startups in the U.S.? The number of IPOs of companies on the Journal's list from 2011 from Southern California matched the number of IPOs of Silicon Valley companies. ServiceNow was ranked last year at 49; Acitve Network was ranked at 16. READ MORE>>.

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UberMedia Losing TweetDeck To Twitter, Says Report

socalTECH

Upping the ante in the battle between Pasadena-based Twitter client software firm UberMedia and Twitter itself, the Wall Street Journal is reporting that Twitter is buying Twitter client software firm TweetDeck. The journal cited "people familiar with the matter".

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Report: Websense On The Block

socalTECH

San Diego-based Websense is reportedly considering a sale of the company, according to a report this week in the Wall Street Journal. Websense is a provider of web filtering software. The Journal reports Websense has hired investment banking firm Qatalyst Partners on the sale. READ MORE>>.

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Silicon Beach Report Jan. 8: GoPro layoffs, Grindr founder leaving, new lights for Ring’s smart doorbells

L.A. Business Journal

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.

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ServiceTitan Secures $165M From Venture Capital Group to Expand

L.A. Business Journal

has secured $165 million in funding from a venture capital group to build out its home services software firm through acquisitions and moves into new markets. Glendale-based ServiceTitan Inc.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S.