LA BUSINESS JOURNAL DAILY NEWS
Snapchat projected to generate nearly $1 billion next year, Fullscreen’s chief marketing officer exits, Snapchat hints at move into augmented reality, and more.
Snapchat is projected to generate nearly $1 billion in advertising revenue next year, according to a report by eMarketer.
West L.A.-based Spark Networks Inc., which owns dating websites J Date and Christian Mingle, was this week’s biggest mover, gaining 26 percent to end at $1.97. Los Angeles-based Reed’s Inc. was also among the week’s movers. The craft soda company gained 13 percent to end at $3.53. Monrovia-based energy tech company AeroVironment, Inc. was the week’s biggest loser, dropping 16 percent to end at $24.83.
DropIn Inc. launches drone video-streaming for insurance industry, Best Fiends hires celebrities for promotion, and Atom Tickets expands to more theaters.
The smell of soft baked pretzels by Pasadena chain Wetzel’s Pretzels has made its way to Dallas-based private equity firm CenterOak Partners.
The Irvine-based Banc of California will be the official banking partner of the Los Angeles Rams Foundation, the football team’s charitable organization.
The fallout from Hanjin Shipping filing for bankruptcy and ceasing operations this week was immediate, as cargo ships sat off the California coast unable to dock and freight companies scrambled to move their cargo.
Pet-care technology is a booming business. Just ask Carlos Herrera, chief executive of automated pet feeder maker Petnet, whose downtown company just received a $10 million Series A round led by San Diego’s Petco Animal Supplies Inc. Online financial services firm Aspiration Growth and other undisclosed investors also participated.
House of Bijan could be left homeless on Rodeo Drive as the new owner may tear down its storefront.
TRADE: Hanjin’s collapse could prove big blow to Long Beach operations.
Bankruptcy of Hanjin Shipping leaves cargo shipments adrift at ports.
TECHNOLOGY: Daqri sees product guiding workers through variety of jobs.
Daqri pitches its augmented reality Smart Helmet as a good fit for engineering and industrial jobs.
SpaceX Rocket explodes and destroys Facebook’s satellite, Hyperloop One lawsuit accusations grow, Fandango expands service to Arclight Cinemas, and more.
Green Dot Bank in Pasadena announced yesterday that board member Mary J. Dent would become the bank’s chief executive. She succeeds Lewis Goodwin, who will remain as the bank’s president, according to a press release.
A lawsuit filed Wednesday by former City Councilman Dennis Zine accuses the City of Los Angeles and Los Angeles Police Department Chief Charlie Beck of illegally deploying police officers as security for pre-season L.A. Rams games, calling the action an “unlawful gift of public funds.”
Looking for a big raise or to jump ship for a much higher-paying position next year? Not likely to happen, according to a survey released this week from Robert Half International.
Ships loaded with cargo were sitting directionless off the California coast Wednesday after Hanjin Shipping filed for bankruptcy and ceased operations.
Flipagram Is Shopping Itself Around to Potential Buyers, Appetize signs deal to supply devices to Los Angeles Memorial Coliseum, CBS All Access Launches Ad-Free Option, and more.
Point-of-sale system manufacturer Appetize of Santa Monica has signed a deal with venue management firm Legends to outfit the Los Angeles Rams’ temporary home, the Los Angeles Memorial Coliseum, with its devices.
Hanjin Shipping Co. Ltd. filed for bankruptcy protection Wednesday after negotiations with creditors failed, sinking the seventh-largest cargo container carrier in the world and one of the largest shippers at the Port of Long Beach.
Washio folds operations following inability to find buyer, SpaceX to launch recycled rocket, Jessica Alba joins other celebrities on Apple’s new TV show, and more.