Goldman Sachs predicts $2 billion in revenue for Snap Inc. in 2018, Breitbart editor Milo Yiannopoulos resigns after controversial statements surface, Disney demonstrates wireless charging technology, and more.

Goldman Sachs Predicts $2B in Revenue for Snap Inc. in 2018

Goldman Sachs internal estimates predicted $2 billion in revenue for Snap Inc. in 2018, according a source cited by Business Insider. Nearly five times last year’s sales, the figures are being cited by Goldman’s sales force when speaking with prospective investors.

Breitbart Editor Milo Yiannopoulos Resigns After Controversial Statements Surface

Breitbart editor Milo Yiannopoulos has resigned following controversial comments he made about pedophilia surfaced, reports the Verge. It’s been a bad week for Yiannopoulos as he was also disinvited from CPAC and his Simon and Schuster book was pulled on Monday.

Disney Demonstrates Wireless Charging Technology

Walt Disney Co.’s Disney Research has demonstrated room-scale wireless power delivery, reports Ars Technica. Using a magnetic field, the company was able to wirelessly power 10 objects, including a smartphone, a lamp, a fan, and remote controlled car.

Ad Hoc Labs Launches FAQ Bot

Ad Hoc Labs, the developer of anonymous cellphone app Burnr, has launched a bot that will automatically respond to frequently asked questions from Airbnb renters, according to the company’s blog. When renters text common questions such as “What’s the wifi password?” or “Where is the closest public transit?” answers wrote in advance will automatically be sent back to them.

Jukin Media Launches New Brand with Japanese MCN

Jukin Media is launching a new social video property with UUUM, a Japanese YouTube influencer network, according to a press release. The property is called “Video Pizza” will feature Japanese talent and will be produced specifically for the Japanese viewer.

Send tips on L.A. tech companies and startups to reporter Garrett Reim via greim@labusinessjournal.com. Follow @garrettreim on Twitter for the latest in L.A. tech news.

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