article thumbnail

Snap accelerator names its latest cohort

TechCrunch LA

and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company. Wabisabi Design, Inc.

article thumbnail

Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

socalTECH

Beverly Hills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. percent of Relativity Media, and now has an option to take a majority stake of the company over the next 24 months.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MySpace Acquired By Specific Media

socalTECH

Los Angeles-based MySpace , the once dominant social networking website, has been sold to Irvine-based Specific Media , the online advertising network, in a deal reportly worth $35M. According to Specific Media, News Corporation will take a minority equity stake in Specific Media as part of the deal.

Media 140
article thumbnail

Specific Media Taps Investment Banker As Corp Dev Head

socalTECH

Irvine-based Specific Media has recruited an investment banker to head up its business development efforts, fresh off its acquisition of onetime social networking king MySpace. Schopen was overseeing merger and acquisition transactions, initial and secondary public offerings, and private capital raises at Piper Jaffray.

Media 157
article thumbnail

LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown.

article thumbnail

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. ” MediaLab is a holding company that owns several other mobile properties , including anonymous social network Whisper and mixtape app DatPiff.

article thumbnail

ResearchGate, Social Network For Scientists Acquires Scholarz.net

Tech Zulu Event

According to the latest news from the company, ResearchGate has acquired Germany based Scholarz.net , an academic and reference management, knowledge management network founded in 2008 by economist and political scientist Dr. Daniel Koch and media technologist Marc Willwacher. Scholarz.net now becomes part of ReseachGate.