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Carbonated Games Finds $8.5M

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El Segundo-based Carbonated Games , a developer of mobile games, has raised $8.5M The company says its founders are from Zynga, Electronic Arts and Blizzard, and that it was founded in 2015. in a seed funding round, the company said late last week. The company is led by founder and CEO Travis Boatman. READ MORE>>.

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WebVisible In Big Hiring Push In Los Angeles With New Office

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According to the firm, it is also opening a new office in Playa Vista in the Electronic Arts building, and has a significant number of positions it is hoping to fill at the location. The firm said that it is expecting to more than double its employee base this year, and is running a job fair at the organization to screen applications.

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Activision Blizzard Cutting Jobs in Los Angeles, According to Filings

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Computer game maker Activision Blizzard is apparently cutting jobs in El Segundo and Los Angeles, according to a filing with the California Employment Development Department. Fellow computer game makers Electronic Arts and THQ have both announced layoffs in recent months as the industry has felt the effects of a slowing economy.