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Ticketmaster Buys Blockchain Startup, Upgraded

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Los Angeles-based Ticketmaster said this morning that it has acquired a blockchain startup, UPGRADED. UPGRADED develops blockchain software which aims to convert traditional tickets into digital assets, combined with dynamic, encrypted barcodes Ticketmaster says prevent fraud often associated with paper or PDF-based tickets.

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LA Group Launches Effort To Promote Technology Corridor In Los Angeles

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What's the best way to encourage development of the technology industry in Los Angeles? The group said that it is hoping to promote the path of the current Expo line as a new technology corridor, to create new "innovation hubs" along the corridor.

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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

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Santa MOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. Moriarty is an active advisor in the Los Angeles technology startup community, and serves on the board of Eventbrite, Metacloud, and TuneIn.

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Saatchi Online Taps Sean Moriarty As CEO

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Los Angeles-based online art gallery and e-commerce provider Saatchi Online has tapped one of LA''s technology and business veterans as its new CEO today, tapping Sean Moriarty for the position.

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Outbox Enterprises Takes On Electronic Ticketing, Backed by AEG

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AEG , Cirque du Soleil , and Outbox Technology said this morning that they have launched a new, electronic ticketing joint venture, Outbox Enterprises. The firm said it will be jointly run by Jean-Francoys Brousseau, owner of Outbox Technology, and former Ticketmaster CEO Frederic D.

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Privlo Raises $2.1M For Private Mortgage Marketplace

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Among executives at the firm are Kenn Stearns (eRealty), who joins as Chief Product Officer; Saro Vasudevan (Capital One), Chief Customer and Credit Officer; David Subar (BreakMedia, Interthinx), as Interim Chief Technology Officer; and Michael Barton (Startup Exchange, TicketMaster-CitySearch), who joins the firm as Chief Operating Officer.

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Ciena Solutions Acquired By NetSol Technologies

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Los Angeles-based Ciena Solutions LLC, a provider of SAP integration management services, has been acquired by NetSol Technologies. According to NetSol Technologies, the buy was a combination of cash and restricted stock. NetSol Technologies is based in Emeryville, California.