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EVgo Acquires Recargo For $25M

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Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. Recargo was founded in 2009, and operates PlugShare, an online community for EV drivers, and also developed PlugShare, a mobile payment platform for EV cahrging networks.

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Swagbucks Buys Sodahead

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Los Angeles-based prodege , the parent company of Swagbucks , said this morning that it has acquired Sodahead , the online polling and discussion platform founded by Jason Feffer. Sodahead was venture backed by Mission Ventures, Mohr Davidow Ventures, and the Tech Coast Angels. READ MORE>>.

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AT&T's DIRECTV NOW Tops 500,000 Subscribers

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AT&T , which has been ramping up its efforts and presence in Los Angeles, both with technology and Hollywood, said this week that it has topped 500,000 subscribers on its over-the-top (OTT) streaming platform, DIRECTV NOW.

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AT&T Eyes Focus On Silicon Beach, Hollywood

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Studios lot on Friday and Saturday, the company is planning to bolster its operations across Los Angeles, to take advantage of the region's growing reputation as a center of the technology industry. AT&T and Time Warner are currently working through antitrust clearances over the deal. READ MORE>>.

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How ConsumerTrack Has Created A Growing, Profitable--and Mostly Unknown Business

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In the Los Angeles startup world, there are lots of high profile, buzzy companies which have lots of attention and funding--but which haven''t earned a dime of revenue. Brett Rossman: We have a platform we''ve built, and which we are constantly evolving called Magneto. We have been growing, and profitable for the last ten years.

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How Kaleo Is Tackling Enterprise Knowledge Sharing

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Phil Hui-Bon-Hoa , the CEO of El Segundo-based Kaleo (www.kaleo.com), is a serial entrepreneur who has previously built and sold four companies, including one acquired by IFILM, and another by Sun Microsystems. The first I sold was across the street, in El Segundo, and sold for $42M.

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Interview with Damir Davidovic, NEOGOV

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It's surprising how often we run into rapidly growing companies that not many people have heard of, here in Southern California, but that's the case with El Segundo-based. Damid Davidovic: What's really exciting is we've launched another concept this year, which is basically a fully blow human resources, software-as-a-service platform.