Los Angeles Business Journal

LA TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
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Hedge Fund Looks to Capitalize on Peer-to-Peer

FINANCE: Direct Lending commits $250 million to back loans by Biz2Credit.

Hedge fund Direct Lending puts its money on the peer-to-peer practice with a $250 million commitment.

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YouTube Stars At Play in Suit

INTERNET: Fullscreen alleges ex-exec tried to poach talent.

Fullscreen’s lawsuit against a former exec spotlights the growing value of YouTube stars.

Snapchat Closes Out Monster Funding Round

Venice ephemeral messaging app Snapchat closed out 2014 with a monster round of financing.

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L.A. Tech’s Top Stories of 2014

The Los Angeles Business Journal has been the first on the scene to feature emerging entrepreneurs, track startups’ explosive growth and investigate local tech trends. Take a look at some of our favorite stories from this year.

Force May be With Disney’s Maker Studios

The Culver City digital media company is set to produce Star Wars-related online videos to help Walt Disney Co. promote the next film in the popular space series.

Direct Lending Hooks Up with Biz2Credit

Direct Lending Investments has committed $250 million in loans to Biz2Credit’s peer-to-peer lending platform for small business owners.

Beats Music (and iTunes?) Plays for Exclusive Releases

The real question is whether albums offered exclusively on Beats would be made available on iTunes as well.

J2 Global Pushes Takeover Bid for Carbonite

Hollywood Internet services firm J2 Global Inc. is pushing hard to close its unsolicited offer to buy the Boston backup storage provider Carbonite Inc. for $415 million.

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L.A. Launch List: Dec. 24

This week's Launch List: A Spanish-language video service, an Apple Pay-friendly ticketing app and the all-important debate on whether Santa Claus is real.

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Judge Orders Nestdrop to Stop Delivering Weed

Los Angeles City Attorney Mike Feuer announced Tuesday that his office has successfully secured a preliminary injunction against the operators of the Hollywood startup Nestdrop, a smartphone application for medical marijuana and alcohol delivery.

Timeline Labs Acquired for $22 Million

Timeline Labs, a social analytics company, has been acquired by SeaChange International for $22 million in a cash-and-stock deal, with an additional $2.5 million available in performance earn outs.

Social Reality Buys First Delta

Social Reality, a downtown Los Angeles Internet advertising firm, has acquired Santa Monica ad tech company Five Delta.

DirecTV Launches Digital Subscription Service

Joining the growing number of broadcasters seeking to expand beyond television, DirecTV has launched Yaveo, its first Internet-only subscription video service, which will feature Spanish-language programming in conjunction with partners that include Univision Communications and Viacom.

CV Studios Signs Exclusive ZTE Distribution Deal

CV Studios Entertainment, a Beverly Hills media and tech solutions company, will be the exclusive reseller of Chinese telecom giant ZTE’s cloud-based business-to-business products.

Zealot Networks Valued at $100 Million

Zealot Networks, led by former Maker Studios chief Danny Zappin, has received an investment that values the digital media startup at $100 million.