Los Angeles Business Journal

LA TECHNOLOGY

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

Fullscreen Announces Hires

Fullscreen Inc., the Culver City-based YouTube multi-channel network, announced two senior hires Wednesday.

AwesomenessTV Taps Disney Exec as CMO

AwesomenessTV, which serves teenage audiences, announced Tuesday it hired TJ Marchetti as chief marketing officer.

Demand Media Expands Content Solutions

Santa Monica’s Demand Media Inc. announced Tuesday the expansion of its Content Solutions service to include graphic design and original photography services.

AirPush Reported to Be Acquired

Israeli software company Perion is in talks to acquire West L.A.’s AirPush, according to a report published Tuesday on TechCrunch. The deal is said to be valued at $170 million.

Hulu Names Head of Distribution

Santa Monica video streaming platform Hulu continues to add experienced executives to the company, naming Tim Connolly as its new head of distribution.

Mandalay Digital Announces New Partnerships

Hollywood software company Mandalay Digital Group announced Monday it had partnered with nine new ad networks and direct advertisers.

Bitium Raises $6.5 Million in Series A Round

Santa Monica’s Bitium announced Friday it had raised $6.5 million in a series A round. The company, which develops products to help companies manage passwords for employees to access various apps, has raised nearly $9 million to date.

Demand Media’s Fourth-Quarter Earnings Meet Expectations

Web content publisher Demand Media on Tuesdays reported fourth quarter earnings that were in line with analysts’ expectations.

Doremi Labs Sold to Dolby in $112 Million Deal

San Francisco’s Dolby Laboratories signed an agreement Monday to acquire Burbank’s Doremi Labs for $92.5 million in cash with an additional $20 million in contingent considerations that may be earned over the next four years.

Phone Power Becomes Broadvoice

Telecommunications company Phone Power announced Monday it had rebranded itself as BroadVoice.

ReachLocal Releases Open-Source Code for Apps

ReachLocal Inc. on Monday released open-source software code that it said should help other developers create cross-platform mobile apps.

HandsOn3 to Acquire Dallas Firm

HandsOn3 on Monday said that one of its affiliated funds has signed an agreement to acquire BancTec Inc., a Dallas firm that provides financial transaction automation and document management services to companies.

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Big Role to Play

Theater critic debuts review site to fill void in L.A.

LA Weekly critic acts to revive local theater reviews with new website Stage Raw.

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Bitcoin Broker Bets on Digital Change

INTERNET: ExpressCoin sees real returns from virtual currency.

Brokerage ExpressCoin seeks to make real money by handling digital trades for bitcoins.

Bitcoin at a Glance

Quick rundown on the controversial cryptocurrency.