LA TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
MySpace parent company Viant has sold a majority stake to New York’s Time Inc. for an undisclosed amount.
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 has signed a multiyear deal to allow Viacom Inc. to sell advertisements on its app.
Walt Disney Co. of Burbank has parted ways with Techstars, the company running its accelerator program, reports the L.A. Times.
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.
On-demand parking service Zirx is pulling out of its on-demand, consumer parking business, which it launched in Los Angeles in November 2014.
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.
Roundup of L.A. tech events in the next two weeks.
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Online retailer Honest Co. is working with bankers for an initial public offering of its stock, according to sources cited by Bloomberg.
Virtual reality content producer and publisher WEVR of Venice has raised a $25 million round.
Wireless power startup uBeam of Santa Monica has hired two ultrasonic industry veterans.
The Bouqs Co., an online flower delivery company in Venice, has raised a $12 million Series B round.