Los Angeles Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Event Organizer Making Waves in Silicon Beach

TECHNOLOGY: Digital LA’s Kevin Winston links execs, firms via his one-man shop.Kevin Winston’s Digital LA helps shore up the scene in Silicon Beach with its signature events.

By Garrett Reim February 7, 2016 8:23 a.m.   Share

MySpace Parent Company Sold to Time Inc.

MySpace parent company Viant has sold a majority stake to New York’s Time Inc. for an undisclosed amount.

Patch of Land Gets $250 Million Commitment

Real estate crowdfunding website Patch of Land of Westwood has signed an agreement with an undisclosed lender, who will purchase up to $250 million in loans, reports Crowdfund Insider.

Snapchat Signs Advertising Deal with Viacom

Snapchat has signed a multiyear deal to allow Viacom Inc. to sell advertisements on its app.

Disney Accelerator Parts Ways With Techstars

Walt Disney Co. of Burbank has parted ways with Techstars, the company running its accelerator program, reports the L.A. Times.

Top Silicon Beach Venture Capitalist Warns of ‘Bloodbath’

Mark Suster, a partner at L.A.’s largest venture capital firm, Upfront Ventures in Santa Monica, has warned that a major correction could be coming to the tech financing market.

Zirx Loses Consumer Parking

On-demand parking service Zirx is pulling out of its on-demand, consumer parking business, which it launched in Los Angeles in November 2014.

Dollar Shave Club and Honest Co. Run Super Bowl Ads

Online retailers Dollar Shave Club and Honest Co. ran their first Super Bowl advertisements on Sunday, signifying a major push to expand each company’s brand.

L.A. Tech Events Calendar: Feb. 8 - 21

Roundup of L.A. tech events in the next two weeks.

Silicon Beach Launch List: Feb. 5

A weekly roundup of L.A. tech company and product launches.

Silicon Beach Deal Flow: Feb. 5

A weekly roundup of must-read L.A. tech investments and acquisitions.

Honest Co. in IPO Talks

Online retailer Honest Co. is working with bankers for an initial public offering of its stock, according to sources cited by Bloomberg.

Virtual Reality Startup WEVR Raises $25 Million

Virtual reality content producer and publisher WEVR of Venice has raised a $25 million round.

UBeam Hires Two Ultrasound Veterans

Wireless power startup uBeam of Santa Monica has hired two ultrasonic industry veterans.

The Bouqs Raises $12 Million

The Bouqs Co., an online flower delivery company in Venice, has raised a $12 million Series B round.