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

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.

Report 113

Report Los Angeles Mobile Invest 113

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".

Report 124

Report Santa Monica Los Angeles Demand 124

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".

Report 113

Report Los Angeles Pricing Angel 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.

Report 113

Report Acquisition Los Angeles Services 113

socalTECH

AUGUST 12, 2019

Los Angeles-based Ring , the developer of Internet-connected doorbells and security cameras, reportedly told people to report "suspicious activity" in their neighborhood in exchange for free "swag bags", according to Motherboard.

Report 113

Report Slides Los Angeles Activity 113

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

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.

Report 138

Report Los Angeles Angel Develop 138

socalTECH

FEBRUARY 24, 2012

The Los Angeles area is fast becoming the content hub for online video site YouTube , a position that takes advantage of both the LA region's long history in the entertainment business, and the rise of a slew of startups producing content specifically aimed at the YouTube audience.

Los Angeles 213

Los Angeles Content Angel Hollywood 213

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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. On the other side of the table, Emburse reported that business travel almost stopped entirely as the result of the pandemic.

Report 113

Report Software Development Los Angeles Software 113

TechCrunch LA

MARCH 22, 2018

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. Reuters cited "people familiar with the matter" for the report.

Report 113

Report Acquisition Los Angeles Sales 113

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>>.

Buzzfeed 133

Buzzfeed Report Los Angeles Marketing 133

socalTECH

JANUARY 31, 2018

Los Angeles-based mobile game developer Scopely has raised $125M in new funding, which reportedly values the company at around $795M, according to reports today, moving the company closer to unicorn territory. Scopely has not yet announced the funding, and no investor details were released.

Report 113

Report Venture Capital Los Angeles Mobile 113

socalTECH

DECEMBER 18, 2018

Los Angeles-based dating/hookup app developer Tinder has reportedly fired a number of employees who had joined in a lawsuit against the company , as well as parent company Match Group, over what that group had said was "deliberate lowering" of the valuation of Tinder in order to deprive them of stock options gains.

Report 113

Report Los Angeles Marketing Angel 113

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.

Los Angeles 321

Los Angeles Software Review Acquisition Report 321

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.

Report 154

Report Study Software Development Los Angeles 154

socalTECH

JANUARY 23, 2018

Los Angeles-based dating app developer Tinder is vulnerable to snooping by hackers, letting them see if you are swiping left or right, what photos you are viewing, and more, according to researchers , in a report published in Wired on Tuesday morning.

Report 113

Report Research Los Angeles Networking 113

socalTECH

APRIL 3, 2018

A report, published by Buzzfeed on Monday, says that Los Angeles-based gay dating and hookup app Grindr had been sharing information on users' HIV status with two app optimization services, coupled with their GPS data and information.

Buzzfeed 124

Buzzfeed Report Services Research 124

socalTECH

SEPTEMBER 10, 2014

Los Angeles-based mobile dating app developer Tinder is in the midst of raising a big round of funding, according to an unconfirmed report today. The report --from TechCrunch--says the deal values Tinder at between $750M and $1 billion.

Report 174

Report Incubator Venture Capital Mobile 174

socalTECH

JANUARY 10, 2020

Los Angeles-based Honey , the developer of a browser extension which searches out coupon codes and deals for users, has been labeled a security risk by Amazon , according to a report from Wired. Honey was recently purchased for $4 billion by PayPal.

Report 100

Report Commerce Los Angeles Angel 100

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MAY 3, 2018

A report today from TechCrunch said the new dating features announced this week by Facebook are being developed in Los Angeles, by former eHarmony Chief Scientist Steve Carter. According to the report, Carter helped design the psychometric and relationship models that became the basis of eHarmony. READ MORE>>.

eHarmony 100

eHarmony Report Los Angeles Design 100

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FEBRUARY 14, 2017

Vadio , a startup which had been developing software to synchoronize music and advertisements with online videos, is winding down, according to a number of reports on Tuesday. The company had been backed by Mucker Capital, Amplify.LA, as well as along list of local Southern California angel investors. READ MORE>>.

Report 113

Report Southern California Advertising Los Angeles 113

socalTECH

AUGUST 24, 2020

Los Angeles-based Oblong , which develops products to help with telepresence and collaboration, says it has scored a major order for its Mezzanine product.

Report 113

Report Conference Los Angeles Content 113

socalTECH

OCTOBER 25, 2016

Los Angeles-based transportation technology developer Hyperloop One is looking to raise up to $250M in funding, according to a report published on Wednesday. The report, from Fortune, cites a leaked document which has been circulating among potential investors and real estate investors. READ MORE>>.

Report 100

Report Los Angeles Funding Technology 100

Tech Zulu Event

JANUARY 21, 2014

Based in a city traditionally known for high profile media antics and headline reports, I guess it’s somewhat business as usual, but even more important to note for the startup community are the number of significant contributions across the board. Originally posted by the good people at Built In Los Angeles.

Los Angeles 105

Los Angeles Angel Startup Snapchat 105

socalTECH

APRIL 23, 2021

Los Angeles-based videogame commerce technology developer Xsolla says it has acquired Slemma, a developer of data analytics and visualization and reporting software. The company said Slemma's web-based tools allow users to create simple, easy-to-use and dynamic data reports with customizable dashboards.

Commerce 113

Commerce Report Tool Web 113

socalTECH

JULY 12, 2016

Los Angeles-based expense and invoice automation software developer Chrome River said today that it has tied with Traxo , a developer of APIs for parsing corporate data.

Report 100

Report Software Development Los Angeles Software 100

socalTECH

JULY 20, 2021

Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant.

Outsource Development 203

Outsource Development Artificial Inteligence Research Los Angeles 203

socalTECH

OCTOBER 25, 2013

Los Angeles-based Demand Media has juts cut fifteen members of the company''s research and development unit, according to a report from Variety. According to the report , the cuts included Chief Innovation Officer Byron Reese, and were a result of the abrupt resignation of CEO Richard Rosenblatt last week.

Demand 153

Demand Media Report Layoffs 153

socalTECH

APRIL 6, 2011

Los Angeles-based MySetLife , developer of an iPhone application that allows filmmakers to network with other industry contacts, and also manage things like invoices, timecards, and more, said Tuesday that it has partnered with the Hollywood Reporter, FilmContact.com, and Los Angeles-based Invested.in.

Hollywood 203

Hollywood Report Content Los Angeles 203

socalTECH

DECEMBER 18, 2017

A report this morning says that Los Angeles-based Virgin Hyperloop One is getting set to announced a new, $50M investment, and will be installing Sir Richard Branson as its new chairman. According to Axios, the funding comes as Virgin Hyperloop One was "running very low on cash".

Report 124

Report Venture Capital Los Angeles Ideas 124

socalTECH

DECEMBER 16, 2016

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed.

Flipagram 100

Flipagram Report News Los Angeles 100

socalTECH

APRIL 11, 2014

Los Angeles-based Tinder , the mobile dating app developer led by Sean Rad, is now worth over $5 billion, according to a report Friday from Bloomberg. Bloomberg said that IAC recently bought 10 percent of Tinder from venture capitalist Chamath Palihapitiya, for $500M. Bloomberg cited "people with knowledge of the deal."

Report 190

Report Snapchat Social Network Venture Capital 190

socalTECH

MARCH 14, 2019

A new report, from market analysis firm Sensor Tower, says that Harry Potter: Hogwarts Mystery , the Harry Potter-themed mobile game developed by Los Angeles-based JamCity , has now collected $110M in player spending, in less than a year.

Report 113

Report Google Mobile Los Angeles 113

socalTECH

FEBRUARY 16, 2017

Amazon.com is launching a new game studio in San Diego, according to reports , in an effort being led by former Sony Online Entertainment chief John Smedley. The new studio apparently is looking to hire on many of the game developers who were at SOE. Smedley had been at Sony Online Entertainment for 20 years, up until July of 2015.

San Diego 124

San Diego Orange County Report Southern California 124

socalTECH

JULY 31, 2014

Los Angeles-based financial software developer BlackLine Systems , which develops financial close automation software, reported yesterday that its revenues were up nearly 60 percent in the second quarter of 2014, compared to the prior year. BlackLine says it now has more than 880 clients around the world.

Report 138

Report Software Software Development Los Angeles 138