LA TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
In a push to further diversify its business, Universal Music Group has acquired Fame House, a digital-marketing agency with musician clients such as Eminem and Pearl Jam. Terms of the deal were not disclosed.
Space Exploration Technologies Corp.has officially scheduled 17 launches for 2016, nearly tripling the company's six rocket launches last year, Spaceflight Now reports.
Snapchat has raised a $1.2 billion round of capital, according to a filing with the Securities and Exchange Commission. The valuation of the Venice company was not disclosed.
Santa Monica-based app creating company Victorious has raised $25 million to expand its services internationally and improve its app development capabilities.
Venture capital firm March Capital Partners of Santa Monica closed a $240 million fund on Tuesday to back dozens of technology start-ups worldwide.
Santa Monica-based artificial wave-making company Kelly Slater Wave Co. has agreed to sell a majority stake to the World Surf League. Terms of the deal were not disclosed.
Roundup of L.A. tech events in the next two weeks.
In a move that greatly expands its service area, in-home tech-support company HelloTech has merged with rival Geekatoo of San Francisco. Terms of the deal were not disclosed.
New criticism of its wireless-charging system could hurt uBeam’s connection with investors.
A weekly roundup of must-read L.A. tech investments and acquisitions.
A weekly roundup of L.A. tech company and product launches including StartEngine, Rubicon, OpenX and Esri.
Imax Corp. has announced it will launch six virtual reality arcades in locations such as multiplexes and malls.
West L.A.-based Canary Health, a developer of patient health-management software, has acquired mental health program bLife in an all stock deal. Terms were not disclosed.
Photo-messaging app Snapchat is reportedly preparing to launch a Facebook-like newsfeed.
The U.S. Supreme Court has handed people-directory site Spokeo of Pasadena a victory in its defense of a class-action lawsuit alleging the company should be held financially liable for publishing false information.