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President Trump reportedly has approved the Oracle deal for TikTok’s US operations

TechCrunch LA

operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House for a campaign rally in North Carolina on Saturday. The spinout of TikTok’s U.S. That said, the U.S.

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Verb Technology Reports First Quarter Earnings

L.A. Business Journal

Hollywood-based interactive video advertising Verb Technology Company Inc. reported its first quarter earnings May 16, posting a loss despite an overall revenue increase in its first earnings report since going public.

Report 100
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Report: Hyperloop Transportation Technologies In Discussion With Cupertino

socalTECH

Los Angeles-based Hyperloop Transportation Technologies (HTT), one of several companies in the LA area working on advanced transportation systems first imagined by Elon Musk, is reportedly in discussions with the city of Cupertino to help ease traffic in that city.

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Broadcom, Qualcomm Among Happiest Tech Companies, Says Report

socalTECH

A new report, created by Irvine-based online career community CareerBliss , says that two of Southern California's biggest tech employers-- Broadcom and Qualcomm , are among the top happiest tech companies in the USA. The top rated company on the list was Adobe Systems International. READ MORE>>.

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Snap Releases Diversity Report

socalTECH

Venice, California-based Snap , the parent company of Snapchat , has released its annual diversity report , showing that the company--like the rest of Silicon Valley--continues to struggle to build a diverse workforce. The company reported in its Diversity Annual Report 2020 that 51.1 percent white; 33.3

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Report: Snap Working On Drone Technology

socalTECH

A report in the New York Times on Tuesday says that Snap has been working on drone technology , to take overhead videos and photographs of its users. The NYT cited "three people briefed on the project" in its report, which comes on the eve of pricing on Snap's IPO. Snap, in its IPO filing, now calls itself a "camera company".

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OnSite Waste Technologies Finds $3.5M

socalTECH

Newport Beach-based OnSite Waste Technologies has raised $3.5M in a Series A funding round, according to the company. The startup says it is developing technology for immediate sterilization of medical waste. The firm reported the funding was oversubscribed.