Los Angeles Business Journal


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

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.

Temporary Message App Speaks to Another Exec

INTERNET: Snapchat lands another high-quality hire with ex-Google engineer.

Former Google engineer is the latest high-quality exec to click with messaging platform Snapchat.

United Online Beats Expectations

Shares of United Online Inc. jumped more than 29 percent on Thursday after the Internet services company beat analyst estimates on revenue for the fourth quarter.

Snapchat Hires Engineering Director from Google

Picture messaging service Snapchat said Tuesday it had hired Peter Magnusson as senior vice president of engineering.

Shopzilla Acquires Automated Media Buyer Connexity

Los Angeles e-commerce company Shopzilla Inc. announced Wednesday it had acquired Ventura automated media buying firm Connexity.

Group to Spur Job Creation in Innovation Industries

Leaders from L.A.’s tech, venture capital and entrepreneur communities and the Los Angeles County Economic Development Corp. on Tuesday announced they will join forces to promote the region as an innovation center and spur job creation.

Permira Completes LegalZoom Investment

London private equity firm Permira has a $200 million investment LegalZoom.com Inc., making it the largest shareholder of the Glendale legal services company.

Hulu Taps Microsoft Veteran as CTO

Tian Lim has been named chief technology officer at Santa Monica video streaming service Hulu, the company announced Tuesday.