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AOL Acquired By Verizon For $4.4 Billion

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AOL --which has been one of the most active acquirers of Southern California technology startups in recent years--has been acquired itself, by Verizon , AOL and Verizon announced this morning. According to Verizon, it will pay $50 per share for AOL, in a deal worth approximately $4.4 READ MORE>>.

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Michael Jones Gets Exit At Thing Labs

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Michael Jones , CEO of MySpace and former founder of Userplane, has another exit under his belt today, as AOL announced it has acquired Thing Labs , a San Francisco maker of web-based, social software. This is at least the second time Jones has benefited from an AOL acquisition; his own startup, Userplane, was acquired by AOL in 2006.

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Interview with Heather Lipner, Uncovet

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On Tuesday, the latest startup out of Science Inc. , the startup studio headed by former MySpace CEO Mike Jones, launched. Uncovet (www.uncovet.com), headed by Heather Lipner , said it would help consumers discover the most sought-after items from up-and-coming designers, vintage finds from select high-profile brands and home products.

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TechZulu Presents 2012 Startup Forecast | Featuring Science, Tech Coast Angels, Amplify, StartEngine, upStart.LA

Tech Zulu Event

TechZulu is excited to invite you to the 2012 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. We have a line up of amazing speakers who will share their insights and forecast for startup trends in 2012. Mike is actively involved with early-stage start-ups as an investor, advisor and board member.

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Tsavo Buys BetterPPC

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Santa Monica-based Tsavo Media, the startup headed by former Userplane CEO Michael Jones, said today that it has acquired Better Inc, the SEO and pay-per-click marketing software firm headed by Ben Padnos. Padnos started Better Inc. Financial terms of the deal were not disclosed. Better Inc.'s SEO operations.

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Mike Jones Echoes Hollywood | If You Build It, They Will Come

Tech Zulu Event

Mike Jones may be known for his most recent role as CEO of MySpace , but this Internet entrepreneur is no stranger to the startup world. He’s had multiple exits and also advises private startups (his company Userplane sold to AOL for nearly $40 million and Tsavo Media drew a cool $75 million from Cyberplex ).

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Interview with Mike Jones, Science Inc.

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The Los Angeles area has seen a surge in the last month in companies and organizations looking to bolster entrepreneurial activity and startups in Southern California. Joining that surge last week in startup activity was Science, Inc. One, is we'll come up wit our own ideas, and work with really early stage entrepreneurs in-house.

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