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8minute Solar Energy Wins City of Los Angeles

socalTECH

Los Angeles-based utility-scale solar power project developer 8minute Solar Energy says it is in a partnership with the Los Angeles Department of Water and Power (LADWP), to build a new, 4000MW solar energy plant near California City. The City of Los Angeles actually approved the project in September.

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Magnite Prices $350M Offering

socalTECH

Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. The company said the convertible note offering was made to qualified institutional buyers. The notes are due in 2026.

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Beyond Meat prices its public offering

TechCrunch LA

Beyond Meat , the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has priced its initial public offering. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, selling 8.75

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Los Angeles Dodgers Launch Venture Focused On Youth Sports

socalTECH

The Los Angeles Dodgers , along with Elysian Park Ventures , the private investment firm created by the ownership group behind the Los Angeles Dodgers specifically for investments in entrepreneurs in the areas of sports, technology, and entertainment, have launched and funded a new venture called E|L1. READ MORE>>.

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Hulu Drops Pricing On Streaming TV

socalTECH

Los Angeles-based Hulu said on Wednesday that it is dropping the pricing on its ad-supported service, Hulu Originals, and will offer up the service for only $5.99 The new pricing--which goes into effect in February--is a drop from the service's current price of $7.99 READ MORE>>.

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Hulu Hiking Live TV Prices By 20 Percent

socalTECH

Los Angeles-base streaming television service Hulu announced on Friday that it is upping the price of its Hulu with Live TV service to $54.99, up from $44.99, in what is a fairly significant bump in its subscription rate. The price hike will impact both new and existing subscribers to the service. READ MORE>>.

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YayYo Joins Ridesharing Fray In Los Angeles

socalTECH

Los Angeles-based YayYo , a new startup in the ridesharing space, said last week that it has launched its own fleet of vehicles in Los Angles county.