LA TECHNOLOGY
Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
Fit and Set to Split
INTERNET: Earnings rise as Demand prepares to divide business units.Investors boost Demand Media shares as the firm prepares to split its domain name unit from its publishing business. May 13, 2013 midnight Share
Pheed App Heads to Android
Pheed quietly made the Android version of the app available for download earlier this week.
Manatt Launches Digital Media Investment Arm
Manatt announced Wednesday that it has brought on technology entrepreneur and digital media veteran Peter Csathy to run the investment operation, Manatt Digital Media Ventures.
StyleHaul Raises $6 Million More
StyleHaul announced Tuesday that it has raised $6 million from RTL Group, a TV and radio broadcaster out of Luxembourg.
Spark Shares Climb on Analyst Attention
Shares of the Beverly Hills Internet dating company closed at their highest price yet on Monday following the news that two investment banks had initiated Spark coverage.
Bioresins Firm Looks to Mold Future in Indiana
PLASTICS: Cereplast to exit El Segundo as part of cost-cutting strategy.
Bioresins company Cereplast hopes moving its HQ to Indiana will help it get back in shape.
Power-Recovery Machines Generate Deal in Japan
ENERGY: Access looks beyond resource-rich U.S. to sell efficiency systems.
The United States, which is producing more oil within its borders, faces less pressure to conserve than countries such as Japan that have few natural resources.
Boingo Shares Rise as Revenue Beats Estimates
Better-than-expected revenue for Boingo Wireless during the first quarter has temporarily halted the company’s tumble in 2013.
Activision Shares Fall On Cautious Outlook
Shares of video game publisher Activision Blizzard Inc. dropped more than 5 percent Thursday following the company’s first quarter earnings report.
Video Distributor Raises $3 Million
Video startup Yekra has raised a $3 million round to further develop its distribution and film marketing tools.
Game Console Maker Raises $15 Million
The West L.A. company announced Thursday that it has raised $15 million in a round led by Kleiner Perkins Caufield & Byers with participation from Mayfield Fund, Nvidia, Shasta Ventures and Occam Partners.
Stubbs Alderton Adds to Santa Monica Office
Anthony Keats has joined the Sherman Oaks law firm as partner to help establish a brand development and content protection practice group. He will co-chair the group with Konrad Gatien, who has also joined the firm as partner.
Viddy Returns Money to Investors
Viddy has announced that it will return $18 million of the $30 million series B round it raised a year ago.
Demand Posts First Quarter Profit
Demand Media Inc. beat analysts’ estimates for the first quarter of 2013, led by increases in revenue from the Web publisher’s sites as well as its domain registration business.
Judge Orders Colony to Proceed With Casino Sale
A New Jersey judge has ordered Santa Monica firm Colony Capital LLC to proceed with the sale of an Atlantic City hotel and casino to the operator of an online poker site.
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