LA TECHNOLOGY
Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
Networking Site Thinks It Has Preteens’ Number
Kidsocial to rely on virtual payment systems instead of advertising.Networking site Kidsocial hopes to click with preteens while offering virtual payment systems to users and their parents. February 20, 2012 midnight $$ ShareOnline Firm Takes Step Back From Domain Names
TECHNOLOGY: Oversee sells auction sites in refocus on performance marketing.
As part of Oversee.net’s shift away from the domain-name business and into online performance marketing, the downtown L.A. company has sold two domain-name auction platforms.
Slowing to a Halt
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For the past five years, Bianca Vobecky has attended the annual Irwindale Chamber of Commerce silent auction with one goal: put in the winning bid for a season pass to the Toyota Speedway at Irwindale.
Demand Media's Quarter Pleases Investors
Demand Media Inc.'s stock jumped 31 percent on Friday after the online content publisher reported a significantly smaller fourth-quarter loss, suggesting that the company is starting to recover from the decline in traffic that resulted from changes to Google's Internet search formula.
J2 Global Makes U.K. Acquisition
J2 Global Inc. has acquired Zimo Communications Ltd., a United Kingdom provider of Internet cloud voice services under the Numberstore brand.
Mixed Quarter for J2 Global
J2 Global Communications Inc., which has been on an acquisition spree to expand its cloud-based tech services, said it increased its fourth quarter profit by 11 percent, although revenue was slightly below Wall Street expectations.
WikiPay to Merge with WikiLoan
Los Angeles peer-to-peer lender WikiLoan Inc. has signed the final merger agreement to acquire WikiPay Inc. and two overseas subsidiaries in a preferred stock deal.
Gores Group Completes European Acquisition
The Gores Group has closed acquisition of the Hay Group, a German maker of forged and machined components used in automobiles and commercial vehicles.
Solar Power Company Shines Spotlight on India
Power-One seeks fresh markets after sales cool off in Europe.
Solar company Power-One has turned to India for sales heat to offset a cool-down in European markets.
Ceres Delays IPO
Agricultural biotech Ceres Inc., which had planned to raise up to $85 million in an initial public offering this week, has decided to wait until next week according to reports.
Ceres Lowers IPO Expectations
Agricultural biotech Ceres Inc. was set to go public today after reducing the estimated price range of its initial public offering of 5 million shares to a range of $16 to $17 each.
Oversee.net Sells Internet Businesses to European Firm
Oversee.net, a Los Angeles domain name and Internet marketing firm, has sold two of its non-core units to KeyDrive S.A., an Internet firm based in Luxembourg.
Guidance Jumps on Earnings, Acquisition
Guidance Software Inc. was the biggest mover Wednesday on the LABJ Stock Index after the company said it swung to a profit in the fourth quarter, announced an acquisition and received an analyst’s upgrade.
Strong Quarter at ValueClick
ValueClick Inc.'s fourth quarter profit jumped nearly 40 percent as the online advertising services provider saw both strong organic growth and contributions from a recent acquisition.
J2 Global Makes Another 'Cloud' Services Acquisition
J2 Global Inc. has acquired Landslide Technologies Inc., a Boston provider of online customer relationship management services for small to mid-sized businesses.
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