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Snapchat Debuts Headspace Meditation Tool

socalTECH

Venice, California-based Snapchat has debuted the new meditation features that it developed with Los Angeles-based Headspace this morning, the new meditation-with-friends feature that the company announced at its Partner Summit in June. Snapchat showed off how those "mini" features would work at its Partner Summit in June.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. So, without further ado, here''s the list of this year''s 2013 Socaltech 50 : Basil Abifaker , Transaction Wireless (San Diego, digital gift cards). Allison Beal , StyleSaint (Los Angeles, fashion).

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Snapchat Sued Over Obscene Snapchat Discover Links

socalTECH

Venice-based Snapchat has been sued in a class action lawsuit , over what the lawsuit says are obscene news stories published via Snapchat Discover. The lawsuit--filed on behalf of a 14-year old, Los Angeles minor, was filed by Geragos & Geragos in the United State District Court for the Central District of California.

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Wave.tv Snags $32M For Sports Media

socalTECH

Los Angeles-based Wave.tv , a sports media company focused on Instagram, Snapchat, Facebook, Youtube, and Tiktok, said this week that it raised $32M in its Series A funding round. The company said the funding will go to expand its portfolio of media brands. READ MORE>>.

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Snapchat Adds $4.5M More To $50M Round

socalTECH

Venice, California-based Snapchat , the developer of the popular social media app, has added $4.5M snapchat venture capital filing social media mobile' in venture funding--and three new investors--as part of its Series C funding round, according to a regulatory filing by the company today. READ MORE>>.

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Loop Now Launches Short Form, Social Media App, Firework

socalTECH

Loop Now Technologies , a startup founded by former LinkedIn and Snapchat employees--which has offices in Los Angeles--says it has launched a brand new, short-form video and social media app called Firework. The company's Chief Revenue Officer is Cory Grenier, who previously was Director of Sales & Marketing at Snapchat.

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Report: Criminals Using Snapchat To Illegally Sell Guns

socalTECH

According to report this week, abuse of the communications and advertising features of Los Angeles-based Snapchat is playing a significant role in the sale of firearms outlawed in California. However, the recent arrests show how easy it is for criminals to bypass those rules on any social networking platform.

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