Los Angeles Business Journal

LA TECHNOLOGY

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

Google to Move in Old Hughes Hangar?

Google is waiting in the hangars for a piece of L.A real estate, according to a Wall Street Journal report that says the company wants to expand its corporate offices in Los Angeles.

The Honest Co. Prepares for IPO with $70 Million Series C Round

The Honest Co., co-founded by actress Jessica Alba and L.A. entrepreneur Brian Lee, has raised $70 million as it prepares to file for an IPO.

Snapchat Valued at $10 Billion with New VC Investment

Early-stage VC firm Kleiner Perkins Caufield & Byers has invested in Snapchat, giving the photo and video messenger app a valuation just shy of $10 billion, according to the Wall Street Journal.

USC, UCLA and CalTech Receive $3.75 Million Federal Grant

Southern California’s tech scene is getting federally funded. The National Science Foundation has awarded a three-year $3.75 million grant to establish an innovation hub, or “node,” in Southern California.

Evolve Media Hires Moat

Evolve Media, the digital publisher behind men and women’s lifestyle sites CraveOnline and TotallyHer, has hired Moat to audit its metrics for display and video ads.

ZipRecruiter Gets $63 Million in Series A Money

ZipRecruiter, a hiring platform for small- and medium-sized businesses, has secured $63 million in Series A funding, the first raise for the Santa Monica company since launching in 2010.

Amazon Buys Twitch for $970 Million

In a transaction with potential local implications, Amazon announced Monday it will buy live-streaming video game site Twitch for $970 million in cash.

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Online Shows Tapping TV Talent

internet: YouTube producer channels small-screen vets, sponsor.

Content & Co. looks to channel TV veterans and corporate sponsorship into a successful YouTube show.

Compound Interest Spurs Offer for Chip Maker

TECHNOLOGY: Shares of International Rectifier rise as suitor pursues coating.

German suitor sparks to International Rectifier’s high-voltage product for semiconductor chips.

Hitcents Acquires Appmaker Moonshark

Moonshark, a mobile entertainment publisher, has been acquired by Bowling Green, Ky., mobile game studio Hitcents.

L.A. Launch List: Aug. 22

The Los Angeles Business Journal brings you a weekly roundup of L.A. launches.

Garcetti Appoints L.A.’s First Chief Data Officer

Mayor Eric Garcetti has appointed the city’s first chief data officer as part of his initiative to boost Los Angeles with tech-driven policies.

Facebook Promotes Custom Ad Targeting at Workshop

One important lesson from the workshop dealt with ways to customize content for targeted customers. However, it left some wondering where to draw the line between maximizing social media marketing and protecting customer information.

Fuhu is Nation’s Fastest Growing Private Company

Tablet and children’s app developer Fuhu has topped the Inc. 5000 list, an annual ranking of the fastest-growing private companies in the country, for the second year in a row.

Snapchat to Add Ads and Content

Snapchat, the app that sends impermanent messages, finally may be on its way to securing permanent dollars by incorporating ads and content, according to reports.