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Snap, Time Warner Sign $100M Content And Ad Deal

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Venice, California-based Snap , the parent company of Snapchat, and Time Warner announced on Monday that the two are in a $100M deal, where the two will collaborate on both content and advertising. The two also said Time Warner will purchase advertising for HBO, Turner, and Warner Bros. on Snapchat over the next two years.

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Snapchat Retreats From Original Content

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Venice-based Snapchat has shut down its original content efforts, and laid off around 15 people who were working on the Snap Channel, according to Deadline. Snapchat had launched its original content efforts in January, to develop its own original content and music for the service. READ MORE>>.

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Bombd Sets Up Shop In Venice, Aims At Social Networking

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Bombd , a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved to Venice Beach to scale the app in the U.S., and that it has begun hiring a team here.

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Moviepilot Sets Up Office In Venice, Hires Two Execs

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Moviepilot , which operates an online movie discovery site, said last week that it has opened up an office on Abbot Kinney in Venice, California, as part of its expansion into Los Angeles.

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Snapchat To Debut Wellness Tools As Virus Threat Ramps

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Venice, California-based Snapchat is launching its new set of health and wellness tools, well ahead of schedule, due to the growing threat of the COVID-19 virus threat, and will surface educational information on the new virus and health measures, as well as mental health content. READ MORE>>.

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Snap Chops Two Dozen Employees, Says Report

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Venice, California-based Snap has laid off two dozen employees, who were working on its branded content efforts, according to a report on Thursday. The employees were reportedly working on Snap's Discover section. READ MORE>>.

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Whisper Chops Staff

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Venice, California-based Whisper , which operates an app and website that lets users share anonymous thoughts--and combines that with other content--has reportedly laid off 20 percent of its staff, or 14 out of its 71 employees, according to a report on Friday. Whisper, led by Michael Hayward, has raised $61M in total funding.

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