Los Angeles Business Journal


NantHealth Unveils First Product of BlackBerry Collaboration

NantHealth, the health care technology division of billionaire Patrick Soon-Shiong’s Culver City holding company NantWorks, has revealed the first product of its collaboration with smartphone-maker BlackBerry: a secure clinical genome browser that gives doctors access to patients’ genetic data on the BlackBerry Passport smartphone.

Fullscreen Plans Premium Paid Programming

The digital media space is getting that much bigger.

Could Carson be Home of NFL Stadium?

The Los Angeles area already has three potential sites for an NFL football stadium. But now, there appears to be a fourth.

ImmunoCellular Therapeutics, UTi Worldwide Among Week's Big Gainers

The Los Angeles Business Journal’s index of the largest local public companies rose for the week. The weighted LABJ index climbed 1 percent to close at 219. Losers just outpaced gainers 82 to 72. Six companies closed the week unchanged.

Stocks Rise

The Dow Jones industrial average rose 59 points in Friday trading to close at 17,959. The S&P rose 3 points to 2,075. The Nasdaq rose 11 points to 4,781. The LABJ Stock Index rose one point to 219.

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L.A. Launch List: Dec. 5

On this week's Launch List: Apps from Sophia Loren's son, Demand Media's former chief executive and a coupon site.

RealD Downsizes, Announces Layoffs

RealD Inc., which develops and licenses 3D technology, said it will downsize facilities and undergo layoffs. The moves will result in $16 million in additional cost savings. It did not specify how many employees would be let go.

Vantage Media Sells Segment to Campus Explorer

El Segundo ad tech firm Vantage Media has sold its education services business to Santa Monica’s Campus Explorer, a college resource platform for students.

Feds Order Recall of L.A. Firm’s Tainted Fish

The U.S. District Court for the Central District of California has ordered that a Mid-City Los Angeles seafood company, Neptune Manufacturing Inc., shut its business and destroy all its seafood until it puts in place an approved food-safety program, the U.S. Department of Justice announced Thursday.

Chicago Lender Monroe Drops Suit Against L.A. Exec

Chicago lender Monroe Capital has dropped a lawsuit it filed this summer against Los Angeles dealmaker Warren Woo and his new investment firm, Breakaway Capital.

Stocks Fall

The Dow Jones industrial average fell 13 points in Thursday trading to close at 17,900. The S&P 500 fell two points to 2,072. The Nasdaq fell five points to 4,769. The LABJ Stock Index fell one point to 218.

CallFire Acquires FireText

CallFire, Inc., a cloud phone and text services provider, has acquired UK text message marketing firm FireText to expand its European presence.

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Catholic League, American Atheists Take Christmas Feud to L.A.

A years-long feud between two groups that has played out on Christmas-related billboards across the country came to Los Angeles on Wednesday.

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Former Demand CEO’s Whipclip Gets $20 Million

Whipclip, a video-sharing mobile app from Demand Media’s founder and former chief executive Richard Rosenblatt, has launched in private beta after raising $20 million in total financing.

Robb Report, the Rich Man’s Bible, Acquired by Detroit Firm

Detroit private equity firm Rockbridge Growth Equity announced on Wednesday that it has acquired Malibu’s Robb Report, the luxury lifestyle magazine that serves as a consumer bible for the uber-rich.

Poll: Do you think vaping should be banned from public spaces?

Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition. Our latest poll is available on the bottom right column of our home page.

Stocks Rise

The Dow Jones industrial average rose 33 points in Wednesday trading to close at 17,913. The S&P 500 rose eight points to 2,074. The Nasdaq rose 19 points to 4,774. The LABJ Stock Index was flat at 218.

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Work/Life: Melody Torbati

The VLP Law Group partner on the power of chocolate, wearing pajamas to work and what gives her extra time to sleep

Melody Torbati is a partner and a member of VLP’s technology transactions practice group. Her practice is focused on agreements involving the licensing, distribution, development and transfer of technology, content and other intellectual property. VLP is a virtual firm, so Torbati has no office to commute to and she rarely meets her clients in the flesh. She works with clients from her Bel Air home. We spoke with Torbati about how this flexibility impacts her work and her life.

L.A. CIOs Want IT Hires

A report said 86 percent of L.A. CIOs said they plan to hire to expand existing staffs or fill vacant positions in the coming year.

Warner Bros. to Lay Off 152 Employees

Warner Bros. Entertainment will lay off 152 employees in January as part of previously announced cutbacks amid pressure by parent Time Warner Inc. to reduce expenses.