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Snap Revenues Rise as User Growth Slows

L.A. Business Journal

the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30. While the company has beaten revenue expectations, it continues to see an increase in net loss.

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Cash-Strapped Snap Sees Stock Price Slide Following Analyst Report

L.A. Business Journal

percent to $7 a share – after a report described the Santa Monica social media company as “quickly running out of money.” The stock price for Snap Inc. hit a new low — falling 6.4

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Ring Hit By Downtime

socalTECH

Santa Monica-based Ring , the maker of security cameras, doorbells, and other products, was seeing major downtime on Wednesday, with users reporting that the service and doorbells were "basically unusable".

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MomentFeed Names Tech Veteran Nick Hedges As CEO

socalTECH

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. Hedges also previously has served at Bain & Company, Accenture.com, and Ogilvy & Mather.

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A Cocktail of LA Tech | Tech Cocktail Winter Mixer

Tech Zulu Event

South, a solid Santa Monica bar and grill was bustling earlier this Tuesday courtesy of the good people at Tech Cocktail and their winter technology mixer. Dather – A social media marketing tool that packages videos, photos, tweets, and posts into one place. “Would you like a free drink ticket?”

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Characteristics of Successful Entrepreneurs with Jason Calacanis - Startups Uncensored #12

Jason Nazar

We are joined this month by Jason Calacanis the CEO of Mahalo , co-founder of Weblogs Inc and publisher of Sillcon Alley Reporter. These events are put on in conjunction with our friends at DealMaker Media. The event is free and is followed by a reception and mixer at the Docstoc Offices in Santa Monica by the 3rd Street Promenade.

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Silicon Beach Fest Celebrates Tech Startups and Hollywood in LA | Pics, Highlights and What’s Next!

Tech Zulu Event

The first-ever Silicon Beach Fest attracted more than 2,000 attendees from LA, San Francisco, San Diego, Santa Barbara, New York, Toronto, and London to celebrate LA startups and entertainment with panels, parties, pitch fests, hackathon, and beach games: volleyball, basketball and surfing lessons in Santa Monica and Venice on June 21-23, 2012.