Thu.Nov 19, 2020

Have you heard? Eyeballs aren’t everything.


Remember when? Back when we were all trying to figure out the real value of traffic on the web, investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments.

Wave Gets Investment From Tencent Holdings


Los Angeles-based virtual reality startup Wave has scoreds an investment from Chinese company Tencent Holdings , as part of a partnership to bring Wave's animated concert technology to companies in China, the two said on Thursday. Financial details of the minority investment were not announced.

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DTS Adds Lyrics From LyricFind To Connected Car Service


Calabasas-based audio technology developer DTS , which is a subsidiary of Xperi Holding Corporation, said today that it has added song lyrics from LyricFind to its DTS Connect Radio service. Financial details of the deal were not announced.

Rocket Lab Mission Planned For Thursday Evening, Hopes For Rocket Recovery


Long Beach-based Rocket Lab is attempting another launch today, at 5:44pm PST, from its launch site in New Zealand. The mission, "Return to Sender", will include the first attempt to recover the first stage booster of the company's rocket, which would enable it to lower the costs of launching payloads. The company is webcasting the launch online.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Newegg Teams For Charity Donations


Los Angeles-based online electronics retailer Newegg is teaming up with a group to make it easier for people to donate their gently used items to charity. According to Newegg, it has launched a partnership with Give Back Box , so that its customers can repack their Newegg shipping boxes with household products they no longer need, and ship them to a local charity free of charge.

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Green Dot To Power New Google Pay Bank Accounts


Pasadena-based Green Dot is powering a new banking offering from Google Pay , called Plex Accounts , which will allow Google Pay customers to open up and manage a FDIC-insured digital bank account through the app, the company said today. Financial details of the deal were not announced. According to Green Dot, the new Google Pay offering will roll out sometime in 2021.

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Encantos Takes $5.7M More For EdTech Efforts


Culver City-based Encantos , an edtech startup which helps kids with literacy, learning skills, and life skills, has raised $5.7M in a new funding round, the company announced this morning.

Ashton Kutcher's Sound Ventures Seeks $150M Third Fund


Los Angeles-based Sound Ventures , the venture capital fund run by Ashton Kutcher and Guy Oseary, is looking to raise a third fund, worth $150M, according to a regulatory filing by the company. According to the filing, the fund's managing directors are Effie Epstein, Ashton Kutcher, and Guy Oseary, and so far has no limited partners signed up for the new fund. Sound Ventures has backed such companies as Bird, LearnLux, Acords, Zenefits, Moovit, and others.