L.A. Business Journal
AUGUST 10, 2020
Amid the most turbulent stretch in TikTok’s short history, the wildly popular social media platform is facing challenges that extend far beyond those posed by a hostile White House.
Startup Professionals Musings
AUGUST 10, 2020
Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Even if they realize that they need real technical strength at the top, they are not sure how to attract and select the talent and expertise they really need. Should they go after high-tech nerds for partners, or professional technologists?
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L.A. Business Journal
AUGUST 10, 2020
Video sharing platforms that offer variations on TikTok’s core features saw a surge in downloads at the beginning of August after President Donald Trump said on July 31 that he wanted to ban TikTok from operating in the United States.
socalTECH
AUGUST 10, 2020
San Diego-based Ligand Pharmaceuticals anounced on Monday that it has acquired Pfenex , a develope rof recombinant protein production technology. According to Ligand, it will pay $12.00 per share in cash, or $438M in equity value, plus an additional $2.00 a share and $78M in milestones for Pfenex. The deal is worth up to $516M, pending those regulatory milestones.
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.
L.A. Business Journal
AUGUST 10, 2020
Dating app owner Match Group Inc. beat analyst expectations for the second quarter thanks to strong user growth at Tinder, the company’s highest performing subsidiary.
socalTECH
AUGUST 10, 2020
A new, Los Angeles-based startup studio, Share Ventures --led by startup and investment veteran Hamet Watt --has raised $10M in funding, and outlined plans to launch two to four companies every year. Watt was most recently Entrepreneur in Residence at True Ventures, was at Upfront Ventures, and also founded NextMedium, in addition to founding subscription movie ticketing startup MoviePass.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
AUGUST 10, 2020
Desperate to get your hands on a vehicle from Los Angeles-based Faraday Future ? Although you aren't yet able to buy a production vehicle, yet, from Faraday, it appears that the very first, prototype model of Faraday's vehicle, the FF91, has been put up for auction. The auction listing notes that the prototype FF91 has a 130kwH battery, 1050 HP, four wheel power disc brakes, and is the exact vehicle that broke the Electric Vehicle run for Pikes Peak.
socalTECH
AUGUST 10, 2020
Los Angeles-based J2 Global , the parent company of such brands as IGN, Mashable, Offers.com, BabyCenter, eFax, iContact, and other services, has named a new member of its board of directors. According to J2 Global, it has named Scott C. Taylor, former Executive Vice President, General Counsel and Secretary of NortonLifeLock, Inc., to its board. Prior to NortonLifeLock/Symantec, Taylor was Chief Administrative Officer, Senior Vice President, General Counsel and Secretary of Phoenix Technologies,
socalTECH
AUGUST 10, 2020
Simon Fuller , the creator of "American Idol", announced on Friday that he is teaming with TikTok , the short-form musical video app, to create what the two call the "world's next music supergroup". The announcement--which was made just hours after the White House announced moves to ban TikTok in the United States--said that Fuller would use an in-app audition process to look for "extraordinary undiscovered artists" to create a new music group.
socalTECH
AUGUST 10, 2020
San Diego-based GoSite , which develops an online platform to help small businesses put up online and mobile websites, has raised $16M in a funding round, the company announced this morning. The funding was led by Longley Capital, and also included Stage 2 Capital, Ankona Capital, Serra Ventures and SaaS Ventures, and angels. Longley Capital is also based in San Diego.
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