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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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GoodRx Names CTO

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Santa Monica-based GoodRx , a venture-backed startup which runs a prescription drug pricing marketplace, has named Jody Mulkey as the company's Chief Technology Officer. GoodRx is backed by Founders Fund, Upfront Ventures, Highland Capital, SV Angel, Lerer Ventures, Dawn Lepore (drugstore.com), and Mike Ovitz.

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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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FanDragon Names Trio Of Executives

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Los Angeles-based FanDragon Technologies , a startup offering up mobile ticket delivery software, announced this morning that it has hired on three new executives. Machin has previously served at Live Nation and Ticketmaster; Weiss was previously at Staples, Inc.; FanDragon's CEO is Robert Weiss. READ MORE>>.

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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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Fair Boosts Executive Team

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In a hint towards Fair's intentions, the company pointed out that Pierantoni also had served as VP of Finance at Cornerstone OnDemand (through its IPO), Chief Accounting Officer of Ticketmaster Entertainment, and also served at Paramount Pictures.