Santa Monica’s Activision Blizzard Inc. has agreed to a $275 million settlement to end a shareholder lawsuit stemming from an $8 billion deal last year in which the company and an investor group regained majority control from French conglomerate Vivendi SA.
INTERNET: Oracle vet Justin Nelson connects with TigerText’s focus on secure-messaging phone app for health care sector.
Oracle vet says he joined TigerText because it’s the right type of secured messaging for the health care sector.
INVESTMENT: Tony Potts plans to tap connections to fund early stage firms.
The lines between Silicon Beach’s vibrant tech scene and the entertainment industry have been blurring for some time, and they’re about to get even fuzzier.
APPAREL: 20Jeans ditches name, $20 price tag as company looks to sew up more sales of its high-quality denim.
Newly renamed jeans maker DSTLD decided its previous $20 price point didn’t fit its expansion plans.
HEALTH: Herbalife shares fall 20 percent after poor quarter in vital market.
Herbalife’s share price plummets after tough third quarter thanks to Venezuela’s devalued currency.
MOBILE: Holomic works on diagnostic reader; ReVolt focuses on dirt charging.
Two groups of entrepreneurs at UCLA are using smartphones to bring key technological advancements to the developing world.
Biotech sector slow to take root as businesses leave seeking seed money
Sector sees promising startups check out of Los Angeles in search of money.
TECHNOLOGY: Tapatalk joins wave rolling into Silicon Beach.
L.A.’s growing scene pushes all the right buttons for foreign-born tech entrepreneurs.
A surfer for 14 years, MomentFeed Chief Executive Robert Blatt, 54, woke up before dawn about a month and a half ago to hit the waves at Topanga State Beach.
INVESTMENT: Zuma also says ‘studio’ model to offer chance at earlier exits.
New tech-focused capital firms home in on a “studio” model in which business ideas originate in-house.