Los Angeles Business Journal

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TrueCar Buckles Up for New Clash With Dealers

AUTOMOTIVE: Association’s latest effort called ‘last-ditch’ attempt to curb expansion.

Dealers’ suit looks to put the brakes on TrueCar, accusing the shopping site of brokering sales.

Angel Investor Hopes Venture Firm Takes Wing

INVESTMENT: Ex-Marine Paige Craig enlists others’ money for seed funding.

Angel investor Paige Craig looks to spread his wings with his new venture firm, Arena.

Facebook Orders Up Food Shows

Tastemade signs deal to whip up videos for new Anthology service.

Video maker Tastemade looks to fill up Facebook’s Anthology with food programming.

Auto Dealers Take on TrueCar, Again

A Sacramento trade group representing more than 1,100 of the state’s new car dealers has accused Santa Monica’s TrueCar Inc. of operating as an auto dealer and broker without a license.

Soccer Club Heads for USC

L.A.’s new soccer franchise plans to build a new stadium at the site of the Los Angeles Memorial Sports Arena near USC, team officials announce Monday.

Wealthiest Angelenos: Rise of the Tech Billionaires

The tech sector – epitomized by Snapchat’s familiar ghost logo – suddenly dominates the ranks of L.A.’s wealthiest. And a new generation now has the opportunity to reshape the region.

Change has come on line as tech reshapes the list of Wealthiest Angelenos and L.A.’s business scene.

Ridesharing Services Hope to Deliver for Parents

INTERNET: HopSkipDrive, Sloop in drive for kid fares not covered by Uber, Lyft.

Need to get your kids from school to soccer practice in Santa Monica while you’re at work? There are now a pair of services for that – and they’re not named Uber or Lyft, since it is the policy of those companies not to carry passengers under the age of 18.

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Online Video Maker Sees Featured Role for Movies

ENTERTAINMENT: Stable of Internet talent to star in AwesomenessTV films.

Online video creator AwesomenessTV pictures a future as a feature film producer.

Phones in Line For Power Play

TECHNOLOGY: Wireless rivals battle to take charge of market.

UBeam’s battle for the wireless phone-charging market dials up talk of the VHS-Betamax war.

Activision Beats Estimates, Lowers Full-Year Guidance

Santa Monica video game publisher Activision Blizzard Inc. beat first quarter earnings projections, posting adjusted net income of $116 million (16 cents a share) on revenue of $1.28 billion.

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