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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

socalTECH

Santa MOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. According to Demand Media, it paid $17M for Saatchi Art, in a mix of cash and stock, in a deal which will add revenues of $0.5M

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Demand Media Shuffles Execs

socalTECH

Santa Monica-based Demand Media has had another shuffle in its executive ranks, saying late Thursday that it has named Brian Pike, currently its Chief Technology Officer, to the role of Chief Operating Officer. Pike had joined Demand Media in November of 2014 from Rubicon Project, where he also served as CTO.

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DFR2013: Over 700 Celebrate The socalTECH 50 At The Skirball Center

socalTECH

In one of Southern California''s biggest holiday events of the year, over 700 people joined us last night at the Skirball Center in Los Angeles to celebrate the region''s rising stars, the socalTECH 50.

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Whip Media Launches Content Marketplace

socalTECH

Los Angeles-based Whip Media said on Tuesday that it has launched the Whip Media Exchange, a new data-and AI-powered content marketplace aimed at the global film and TV content licensing market. Whip Media is led by longtime technology executive Richard Rosenblatt, who is both founder and CEO of the company.

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Sharpening Our Focus: The Socaltech 100 Is Now The Socaltech 50

socalTECH

Thanks to all of our readers who submitted their nominations for the socalTECH 100, our first annual list of the up-and-comers in Southern California''s technology ecosystem. So, we''re changing this up to be the Socaltech 50 --the same idea, but a more selective list. The bad news?

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Musk Ends Remote Work At Twitter, Demands 40 Plus Hours At Office

socalTECH

In more continuing turmoil at Twitter, new owner Elon Musk is reportedly ending the ability to work remotely at the social media company, and is demanding employees put in "at least" 40 hours in person at the office each week. The report--from Bloomberg--said that the new rules kick in immediately.

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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).