TechCrunch LA

MARCH 6, 2020

Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. based company, San Vicente Acquisition Partners. That ownership was later scrutinized by a U.S.

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Los Angeles Software Review Acquisition Report 321

socalTECH

DECEMBER 1, 2017

A report this morning says that the Chief Designer for Los Angeles-based Faraday Future , Richard Kim, has resigned--and many employees are skipping work as the company continues to look for investment. The report, from The Verge, follows earlier, high profile executive departures at the electric car designer in November.

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Design Report Los Angeles Invest 147

TechCrunch LA

JULY 23, 2019

On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Convrg’s cofounders — Audrey Wu, Liz Snower and Amit Gupta — will report to Carey, who until recently held a similar position at IPSoft, another AI-driven firm.

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Los Angeles Angel Startup Google 209

TechCrunch LA

OCTOBER 2, 2020

Wassime Bouimadaghene , a French security researcher, found the vulnerability and reported the issue to Grindr. The reported issue has been fixed. Last year, it was reported that while under Chinese ownership, Grindr allowed engineers in Beijing access to the personal data of millions of U.S.

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Research Email Report Los Angeles 361

socalTECH

MARCH 30, 2018

A new report, published this week by the nonprofit CompTIA group, says that Los Angeles is the number two metropolitan area in the nation for technology employment. According to the CompTIA 2018 CyberStates report, LA had 501,900 technology workers, number two in the nation behind New York City, which has 664,800.

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Report Study Software Development Los Angeles 154

socalTECH

FEBRUARY 6, 2018

Biotech mogul and billionaire Dr. Patrick Soon-Shiong has agreed to acquire the Los Angeles Times from current owner Tronc , according to a report from the Washington Post on Tuesday afternoon. Patrick Soon-Shiong is a biotech billionaire and technology industry regular, who runs the NantWorks family of companies in Los Angeles.

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Report Los Angeles News Angel 145

socalTECH

MAY 28, 2019

A report today, from Reuters, says that the Chinese owner of Los Angeles-based gay dating app developer Grind , gave access to its Beijing-based engineers to the data of millions of Americans, despite U.S. orders to keep that data private.

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Report Los Angeles Angel Development 138

socalTECH

JANUARY 9, 2018

A report in the Wall Street Journal this morning says that the highly secret rocket mission launched by Los Angeles-based SpaceX on Sunday was presumed to be a total loss, and failed to reach orbit.

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SpaceX Report Journal Los Angeles 147

socalTECH

APRIL 5, 2021

Los Angeles-based Pipeliner CRM, which develops customer relationship management software for sales teams, recently released a new update to its software, adding new reporting and analytics features.

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Report Tool Los Angeles Software 113

socalTECH

FEBRUARY 11, 2020

Los Angeles-based online "dollar-store" style e-commerce provider Hollar is reportedly in the midst of winding down, according to a report on Tuesday.

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Report Commerce Los Angeles Angel 113

socalTECH

NOVEMBER 17, 2020

Los Angeles-based printed rocket technology developer Relativity Space is in the midst of raising $500M, in a funding round which values the company at $2.3 billion, according to a report today from CNBC. The new round is reportedly being led by Tiger Global Management. READ MORE>>.

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Report Los Angeles Tool Capital 124

socalTECH

SEPTEMBER 17, 2018

The Port of Los Angeles reported late Friday that it has received a preliminary award of $41M, from the California Air Resource Board (CARB), for a high tech hydrogen fuel cell freight project. The Port said the project has a total cost of $82,568,872, with partners providing 50.2%, or $41,446,612 in match funding.

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Los Angeles Angel Riverside Technical Review 138

socalTECH

APRIL 22, 2019

The Chief Marketing Officer of high flying, Los Angeles-based job recruiting technology developer ZipRecruiter has resigned from the company, after a story was published last week by BuzzFeed, detailing alleged sexual misconduct at his prior employer, Uber. Eyal Gutentag reportedly resigned on Friday. READ MORE>>.

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Buzzfeed Report Los Angeles Marketing 133

socalTECH

SEPTEMBER 18, 2020

Los Angeles-based mobile game developer Scopely is reported to be seeking to raise $200M in a new funding round, which would value the company at around $3 billion, according to a report. The report, from Bloomberg, said the valuation of the company is up from an earlier $1.9 billion valuation as of March.

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Report Los Angeles Invest Capital 113

TechCrunch LA

OCTOBER 20, 2019

As it looks to modernize its operations, the Los Angeles Fire Department is turning to a number of new technologies, including expanding its fleet of drones for a slew of new deployments. In Los Angeles, Fields says he takes those concerns seriously. One of the largest fire departments in the U.S.,

Los Angeles 157

Los Angeles Angel Training Startup 157

TechCrunch LA

MARCH 16, 2021

At that time, TechCrunch reported that Squarespace was a profitable company, with revenues increasing 50% in the prior year, to about $300 million. New York City-based Squarespace has over 1,200 employees spread across its headquarters and offices in Dublin, Ireland; Portland, Oregon; and Los Angeles, California. .

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SEM Commerce Los Angeles Funding 340

socalTECH

AUGUST 31, 2020

Los Angeles-based Steno , a new startup which offers up remote court reporting services, has raised $3.5M Steno says it offers up a full suite of court reporting services, offering up remote depositions and handling things like payments and scheduling. in a seed funding, according to the company.

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Report Seed Funding Los Angeles Services 113

TechCrunch LA

OCTOBER 21, 2021

At the same time, Los Angeles-based trans activist Ashlee Marie Preston hosted a rally in solidarity with Netflix workers participating in the walkout. When asked in an interview with the Hollywood Reporter , co-CEO Ted Sarandos didn’t say whether he would meet the group’s demands. brb walking out.

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Netflix Demand Content Hollywood 300

socalTECH

FEBRUARY 1, 2021

Los Angeles-based Honest Co., the online baby and beauty products retailer co-founded by Brian Lee, Jessica Alba, and Christopher Gavigan, and Sean Kane, has reported filed for an IPO, according to a report from Bloomberg. The report cited "people familiar with the matter". The report says Honest Co.

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Report Acquisition Los Angeles Product 113

socalTECH

AUGUST 24, 2020

Los Angeles-based Spaces , which had been developing in-person locations to experience virtual reality, has reportedly been acquired by Apple. A report, from Protocol, said the acquisition came after Spaces announced a shutdown of its services last week.

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Report Acquisition Los Angeles Marketing 113

socalTECH

OCTOBER 10, 2018

A new report, from Los Angeles startup investor Amplify LA , says that Los Angeles seed investment deals in Q3 were for the most part steady, with a total of $59.4M raised across 27 Los Angeles startups. The group says its tracking found that the average seed round size was $2.2M for the quarter.

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Report SaaS Los Angeles Commerce 133

TechCrunch LA

DECEMBER 8, 2020

His remarks confirmed a CNBC report that Musk had told friends of his intent to move to Texas. The move coincides with a number of SpaceX and Tesla-related projects in Texas, the sale of several of Musk’s Los Angeles homes as well as his disagreement with how California public officials have handled the COVID-19 pandemic.

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SpaceX Technical Review Hawthorne Los Angeles 293

TechCrunch LA

NOVEMBER 10, 2018

Jason Rowley is a venture capital and technology reporter for Crunchbase News. In this case, it’s mostly just the SF Bay Area, plus others scattered between Boston, Los Angeles, San Diego and one ( Magic Leap ) in the unfortunately named Plantation, Florida. Jason Rowley. Contributor. More posts by this contributor. Although U.S.-based

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Venture Capital SaaS News Los Angeles 231

socalTECH

MARCH 17, 2021

Los Angeles-based videogame developer Activision-Blizzard has reportedly laid off around 190 employees, or 2 percent of its workforce, according to a report from Bloomberg. The cuts also include a large cut, of 50 employees, from Activision's esports division, according to that report.

Activision 113

Activision Report Los Angeles Angel 113

TechCrunch LA

SEPTEMBER 7, 2022

Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Jenner will be joining SKKY as a partner, the Journal reported.

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Equity Journal Venture Capital Los Angeles 299

socalTECH

NOVEMBER 16, 2020

Santa Monica-based on-demand, last mile transportation company Bird is considering going public via a Special Purpose Acquisiton Company (SPAC), according to a report from Bloomberg. It's unclear how far along the SPAC might be, however, Bloomberg said the discussions "are in an early stage".

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Report Santa Monica Los Angeles Demand 124

socalTECH

DECEMBER 2, 2020

A new report this morning, from Bloomberg, says that Amazon is in exclusive talks to acquire Los Angeles-based podcasting publisher Wondery. Terms of the possible deal have not been released. Wondery has reportedly been looking for a buyer since early in November, seeking anywhere from $300M to $400M.

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Report Los Angeles Capital Angel 113

L.A. Business Journal

NOVEMBER 22, 2021

the largest engineering and infrastructure services firm in Los Angeles County now that AECOM has departed for Dallas — reported record fiscal 2021 earnings on Nov. Pasadena-based Tetra Tech Inc. —

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Report Pasadena Los Angeles Services 130

socalTECH

JULY 17, 2014

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region.

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Southern California El Segundo Culver City Orange County 240

socalTECH

AUGUST 25, 2020

A new analysis, by Los Angeles-based expense management software developer Emburse , shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. Acording to the report, spending on food delivery services grew by 110% annually, with DoorDash representing 36% of expenses submitted, with 25.1%

Report 113

Report Software Development Los Angeles Software 113

socalTECH

APRIL 15, 2020

Los Angeles-based mobile streaming video startup Quibi will not be launching a series about Venice, Californi-based Snapchat , according to a report from Variety. Quibi had said last year at SXSW that it would film a series based on the script "Frat Boy Genius" by Elissa Karasik.

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Snapchat Report Venice Los Angeles 113

socalTECH

JANUARY 17, 2014

in the fourth quarter, according to the latest number from PricewaterhouseCoopers and the National Venture Capital Association, in its MoneyTree report. Los Angeles led the region with $309.79M in total investments for Q4 of 2013, with San Diego ($145.0M) and Orange County ($143.6M) with nearly the same venture investment toal.

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Southern California Venture Capital Orange County Tech Coast Angels 246

socalTECH

APRIL 6, 2021

Los Angeles-based battery developer Romeo Power reports that it has scored a win with PACCAR, a manufacturer of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates.

Report 113

Report Los Angeles Product Angel 113

socalTECH

NOVEMBER 9, 2020

Los Angeles-based podcasting network Wondery appears to be attempting to sell itself for between $300M to $400M, according to multiple reports. The podcasting publisher is backed by Waverley Capital, Lerer Hippeau, Greycroft, BDMI, Advancit, Water Tower Ventures, and Powerhouse Ventures.

Report 113

Report News Los Angeles Networking 113

socalTECH

NOVEMBER 16, 2021

In an inauspicious start as a public company, Los Angeles-based electric vehicle developer Faraday Future says it is delaying its filing of its quarterly reports for the quarter ended September 30th, 2021, due to allegations of "inaccurate disclosures".

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Report Los Angeles Pricing Angel 113

TechCrunch LA

MAY 17, 2019

The Los Angeles-based company has already launched a beta version of its streaming service, Ficto , and yesterday announced a host of new shows that will appear on the app later this year. The company is reportedly spending $5 million per hour of storytelling for some of its titles.

Services 167

Services Report Netflix Content 167

socalTECH

JANUARY 5, 2021

Los Angeles-based Cameo, which allows anyone to pay their favorite celebrities, athletes, actors, and many others to record personalized messages to them, had roughly $100M in transactions in 2020, according to a report, and has reached 200 employees.

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Report Los Angeles Angel Company 113