Los Angeles Business Journal


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

Tinder’s Paid Subscribers Top 1 Million

More than 1 million Tinder users pay for the app’s premium features each month – up from an average of 332,000 in the first nine months of last year, parent company Match Group announced Tuesday.

SolarReserve Signs Deal for Solar Plants in China

Santa Monica’s SolarReserve has signed a memorandum of understanding with Shenhua Group Corp. of Beijing to build solar thermal plants in China that generate up 1,000 megawatts of power. The deal is reportedly worth $2.31 billion.

GrubHub Swallows LAbite

Online food delivery company LAbite is set to be acquired by GrubHub Inc. The terms of the acquisition were not disclosed.

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Will.i.am’s Smartwatch Startup Acquires Israeli Firm

Smartwatch manufacturer i.am+, founded and backed by hip-hop musician will.i.am, has acquired Israeli machine learning company Sensiya. Terms of the acquisition were not disclosed.

L.A. Tech Calendar: May 2 - 15

Roundup of L.A. tech events in the next two weeks.

Snapchat Rolls Out E-commerce Ads

Snapchat has begun testing e-commerce ads as part of its effort to diversify revenue streams.

Ticket Vendor Expands View

INTERNET: Fandango grows stake in moviegoing process.

Online ticket vendor Fandango has picked up businesses to recast itself in a bigger role in the moviegoing experience.

Silicon Beach Deal Flow: April 29

A weekly roundup of must-read L.A. tech investments and acquisitions.

Silicon Beach Launch List: April 29

A weekly roundup of L.A. tech company and product launches.

Snapchat Video Views Rise to 10 Billion A Day

Snapchat users are watching 10 billion videos a day within the app, rising from 8 billion a day in February, the company has reportedly told its investors.

TheAmplify Sells Majority Stake

TheAmplify, a network of social media celebrities selling endorsements, has sold a majority stake to branding company You & Mr Jones of New York. The terms of the sale were not disclosed.

What Does the Comcast Deal Mean for DreamWorks’ AwesomenessTV?

Comcast’s potential $3.8 billion acquisition of Glendale’s DreamWorks Animation could also have a big impact on the world of online media.

SpaceX Planning Mars Mission by 2018

Space Exploration Technologies Corp. announced on Twitter that it is planning to send a spaceship to Mars by 2018.

Amazon Studios Is Working on Virtual Reality Content

Amazon.com Inc. is said to be meeting with companies that produce virtual reality content.

Snapchat Files Legal Brief Supporting 'Ballot Selfies'

Snapchat is wading into the legal battle over whether “ballot selfies” – photos of ballots cast on election days – are a constitutionally protected form of free speech.