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Report: Snapchat Buys Cimagine Media

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Venice-based Snap, Inc. , the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. Cimaging Media develops augmented reality technology. The deal is reportedly worth between $30M and $40M. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012.

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Jukin Media Ends Up In Middle Of Political Battle

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politics, after Culver City-based Jukin Media issued a takedown request for a misleading, manipulated video that has been retweeted by Donald Trump. Another, Southern California technology company has ended up in the middle of increasingly divided U.S.

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ZEFR Links With Fuisz Media

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Venice, California-based ZEFR , which helps brands and content owners monetize use of their assets on YouTube, said Monday that it has linked with Fuisz Media , to include direct purchase links on video or people in any video. Fuisz Media is also based in Venice, and is led by Justin Fuisz. READ MORE>>.

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StackCommerce Acquired By TPG

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Venice, California-based StackCommerce, which develops a white-label marketplace which is used by publishers and brands to help connect people with products, has been acquired by Integrated Media Company (IMC), itself owned by private equity investor TPG. Financial terms of the acquisition were not announced.

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Snap Shuffles Execs

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Venice-based social media app developer Snap said late Monday that it has named a new Chief Financial Officer and Chief People Officer, in a shuffling of its executive staff. Anderson has been at Snap since July of 2018, and previously served at Amazon.com and Fox Interactive Media. READ MORE>>.

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Snapchat Debuts Headspace Meditation Tool

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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.

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Snapchat Adds $4.5M More To $50M Round

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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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