LA TECHNOLOGY
Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...Built In LA Celebrates Local Tech Successes
Built In LA has released its first report on the state of technology in Los Angeles.
DIY Startup Shoots for the Moon
And the company has raised $2.5 million in funding led by Century City venture capital firm GRP Partners.
Drafting an App for Sports Enthusiasts
Draftpedia, an iPhone app released a few weeks ago, is designed to be a one-stop reference for all things related to watching a draft.
L.A. Venture Capital Funding Drops Despite Tech Boost
Venture capital investments into Los Angeles County dropped for the third consecutive quarter, according to a report Wednesday.
Getting Down to Business on the Side
Media Temple has an unwritten policy that employees who want to start their own businesses are free to do so. In addition to Setzen and his candle company, there are employees who run restaurants, own party planning businesses and front bands.
Online Ad Startup Raises $3.5 Million
Nativo Inc. announced Tuesday that is has raised $3.5 million in funding led by Greycroft Partners with participation from San Francisco venture capital firm E.Ventures.
THQ Auctions Remaining Assets
Bankrupt video game publisher THQ Inc. has sold off the remaining properties in its catalog.
Swiss Company To Acquire Power-One
Shares of Power-One Inc. soared 57 percent on Monday after Swiss industrial giant ABB Ltd. said it signed a deal to buy the Camarillo power-conversion technology company for roughly $1 billion.
Privacy Apps’ Popularity Spreads
INTERNET: WhisperText and Snapchat step into social gaps.
WhisperText’s and Snapchat’s privacy-oriented apps look to connect with teens drifting away from Facebook.
Video Streamer Goes Live With Expansion Plan
AEG Digital signs deal with the goal of becoming a big fish in streaming technology.
Investors Pull Plug on Network Equipment Maker
TELECOM: Ixia shares fall after company reduces first quarter guidance.
Ixia’s stock drops as phone companies dial back their spending.
Startup Hopes Employers Sign Up for Sign-In Service
ONLINE: Bitium’s tool consolidates accounts and passwords for workers.
Bitium hopes to get to work linking new employees to their companies’ cloud networks.
Early Ouya Reviews Critical
Early reviews of the mini console, which taps into the Android mobile operating system to bring smartphone games to TVs, have been less than stellar.
Hulu Shopping for Sale
Rumors about the potential sale of West L.A.’s Hulu Inc. have heated up in recent weeks. The newest report is that the video streamer has brought on financial services firm Guggenheim Partners to advise on the sale.
J2 Global Makes Dutch Acquisition
Hollywood online service provider J2 Global Inc. said that it has acquired Dutch cloud storage firm Backup Connect BV.