LA TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
Faraday Future’s main backer receives $1 billion to pursue electric cars, Hulu orders two virtual reality shows, job candidate screening startup Imbellus raises $4 million, and more.
Le Holdings Co. of China, the main backer of electric car startup Faraday Future, announced on Monday that it raised $1.08 billion from a group of Chinese investors to develop an electric car. Le Holdings Co. of China, the main backer of electric car startup Faraday Future, announced on Monday that it raised $1.08 billion from a group of Chinese investors to develop an electric car.
TX Zhuo and Eva Ho raising $50M for Fika Ventures, Gamblit Gaming to add gambling to virtual reality game, Tinder adds music matching from Spotify to profiles, and more.
Gunpowder & Sky, Van Toffler and Floris Bauer’s recently launched digital content studio, announced today that it has acquired independent content sales and distribution company, FilmBuff. Terms of the deal were not disclosed.
Elon Musk announces spacecraft could go beyond Mars, Beats Electronics lawsuit continues, and Riot Unveils college League of Legends competition.
Newegg receives investment from Hangzhao Interactive, Ted Cruz fights ICANN’s transfer, Demand Media acquires The Other Art Fair for $1.5 million, and more.
Fender turns to Hollywood, internet to lift sales
Guitar maker Fender looks to crank the volume on sales with a new outpost in Hollywood.
Idea of owning ad technology firm clicks with Los Angeles Times owner tronc.
X-ray system manufacturer OSI Systems Inc. completed its $269 million, all-cash purchase of American Science and Engineering Inc. on Sept. 12.
Tesla Motors to build 20MW battery storage facility for SoCal Edison, Citi Ventures backs FastPay, first Hyperloop One likely to be built overseas, and more.
Southern California Edison has selected Tesla Motors Inc. to build a 20-megawatt battery storage facility in Mira Loma for an undisclosed amount.
Comparably hires eHarmony’s president Armen Avedissian, LeEco buys production studio Dichotomy Creative Group, and Snapchat increases ad targeting.
Comparably of Santa Monica announced it has hired eHarmony’s former President Armen Avedissian as it as its chief marketing officer.
JibJab launches sticker and animation apps, Defy Media raises $70 million, and SpaceX plans to launch again in November.
Silicon Beach Report Sept. 12: OSI Systems Completes $269 Million Acquisition of American Science and Engineering
OSI Systems completes $269 million acquisition of American Science and Engineering, Lionsgate and Univision team up for Spanish-language streaming service, artificial intelligence startup Oben raises $10 million, and more