Los Angeles Business Journal

LA TECHNOLOGY

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

Bose Sues Apple’s Beats Over Patent Infringement

Bose has filed a lawsuit against Beats Electronics, claiming 36 patent infringements related to noise canceling technology.

Opera Completes Acquisition of AdColony

Opera Software has completed its acquisition of AdColony, a West Los Angeles mobile video advertising platform that specializes in HD mobile video.

Chernin and AT&T Reportedly Set to Buy Fullscreen

Fullscreen is said to be close to a deal to sell a majority stake to Otter Media, a joint venture of Chernin Group and AT&T.

Lions Gate Invests in Next Games

Lions Gate, the studio behind young adult franchises “The Hunger Games,” “Twilight” and “Divergent,” has invested in Finnish game developer Next Games as part of its effort to move into the gaming industry.

LuckyPennie Banks on Cincinnati Accelerator

LuckyPennie has left its Mid-Wilshire office and set up shop in Cincinnati. But the decision to relocate wasn’t just a flip of a coin.

Realty Mogul Raises $1.5 Million for First Crowdfunded Hotel

Realty Mogul, a Beverly Hills real estate crowdfunding company, has raised $1.5 million from smaller investors seeking a stake in the Hard Rock Hotel in Palm Springs, the first operating hotel in the country to crowdfund an equity infusion.

PK4 Media Acquires Prosperio

Ad tech company PK4 Media has acquired Prosperio, a developer of direct platforms for display and video ads.

Dealflicks Premieres with $1.7 Million Seed

Dealflicks, which calls itself the the Priceline for movie theaters, has raised $1.7 million in seed funding.

YouTube Tweaks Video’s Big Picture

INTERNET: Small creators left to sort out copyright claims solo.

YouTube policy shift has taken the fight out of some video creators who must now battle copyright claims on their own.

Blow-Dry App More Than Just Hot Air

Beautiq lets customers bring range of beauty services to them.

Beautiq looks to air out the industry with an app letting users bring blow-dry and other styling services to them.

Venture Capitalist to Set Sail for Overseas Startups

INVESTMENT: One-third of Wavemaker’s new fund to go to Southeast Asian firms.

VC Wavemaker seeks to connect overseas with tech startups in Southeast Asia.

Moviepilot Looks to Fill Venice Headquarters

Moviepilot, an online film review and publishing site, will undertake an accelerated hiring schedule as it squarely focuses on its U.S. operations in Venice.

L.A. Investments Up 52 Percent from Previous Quarter

Los Angeles County companies raised $472 million in the second quarter, a 52 percent increase from the previous period, according to the latest Money Tree Report.

Snapchat Trademarks Suggest Peer-to-Peer Payments

Two Snapchat trademarks filed last week suggest the company may be considering a monetization plan that relies on peer-to-peer online payments, a revenue-generating strategy already used among messaging apps in Asia.

SpinMedia Acquires Men's Lifestyle Site, Looks to Expand

SpinMedia Group has acquired men’s lifestyle site Death and Taxes, the latest effort by the digital media company to turn its fortunes around.