socalTECH

DECEMBER 21, 2016

A major supplier of supplies to Los Angeles-based Soylent said on Tuesday that it has suspended its supply of all of its ingredients to Soylent, after Soylent had blamed the company's algal flour for the violent gastrointestinal distress suffered by some of its customers. According to TerraVia Holdings, it has suspended supplying Soylent with all of its ingredients, effective immediately saying it is "surprised and disappointed" that Soylent has implied its algal flour was to blame for the high

Los Angeles 126

Los Angeles Report Customer Custom 126

L.A. Business Journal

DECEMBER 21, 2016

Snap Inc. opens China office, Walt Disney to produce content for Snapchat, and TaskUs hires 5,700 employees in 2016.

Snapchat 109

Snapchat Report Content 109

socalTECH

DECEMBER 21, 2016

Los Angeles-based advertising marketplace operator Rubicon Project and its partner White Ops , a provider of human verification services for the digital ad market, said their combined efforts have protected buyers on sellers on Rubicon's marketplace from a major Russian advertising fraud effort uncovered this month. The two said they have been protecting its users from the "Methbot" fraud operation--which reportedly was hauling in $3M to $5M a day from phony web sites and ads --ad was generating

Advertising 122

Advertising Web Los Angeles Networking 122

Startup Professionals Musings

DECEMBER 21, 2016

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. In fact, according to the most recent Index of Startup Activity by the Kauffman Foundation and recent SBA reports , these Baby Boomers are actually driving a new entrepreneurship boom.

Entrepreneur 75

Entrepreneur Technical Review Startup Technical Support 75

Advertiser: Aggregage

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.

Company

socalTECH

DECEMBER 21, 2016

Santa Monica-baseed digital outsourcing provider TaskUs , led by Bryce Maddock and Jaspar Weir, said Tuesday evening that it hired over 5,300 employees in 2016, and now has more than 7,000 total employees spread across eleven different offices. The outsourcer, which provides back office services to many, major Internet services, app developers, and others, says it has increased its revenue by 410 percent over the last 2 years.

Outsource Development 116

Outsource Development Outsource Santa Monica Services 116

Xconomy

DECEMBER 21, 2016

[Editor’s note: Alex Lash and Frank Vinluan contributed to this report.] After years of research, frustration, hype, and millions (sometimes hundreds of millions) of dollars invested, a drug program boils down to the clinical data—usually from big, late-stage studies—that can sometimes make or break a company. There were high profile successes in 2016.

Study 60

Study Report Research Invest 60

Xconomy

DECEMBER 21, 2016

A silver lining has emerged in the wake of the massive and well-publicized denial-of-service attack launched less than two months ago by hackers using millions of IoT devices to cripple the websites of major companies like Amazon, Netflix and Twitter. This ambush has triggered a redoubling of efforts to focus on the need for industry-led cybersecurity standards for IoT devices.

Netflix 56

Netflix Activity Services Allegis 56