LA TECHNOLOGY

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

Investors Ready to Gamble on Gaming Company

TECHNOLOGY: Gamblit raises $25 million in round as Las Vegas comes calling.Gamblit Gaming raised a $25 million round of capital from undisclosed investors on May 9 to finance the manufacturing and development of additional touch-screen gambling machines.

Silicon Beach Report May 22: Snapchat Has Lead in Augmented Reality

Snapchat has lead in augmented reality, Faraday Future founder steps down from CEO role at LeEco, and Hulu signs exclusive video-on-demand deal for ABC’s ‘Fresh Off the Boat.’

Silicon Beach Report May 19: Snap Executive Promotes Brand Engagement, Despite Slow User Growth

Snap executive promotes brand engagement, despite slow user growth, Fox developing ‘Alien’ multiplayer virtual reality game, and micro drone racing takes off in Los Angeles.

Silicon Beach Report May 18: Social Native Raises $8 Million

Social Native raises $8 million, former Yahoo interim CEO joins SteelHouse board, and DogVacay to shut down and transition customers to Rover.

Silicon Beach Report May 17: Virtual Reality Co. to Premiere ‘Raising a Rukus’ at L.A.’s Imax VR Center

Virtual Reality Co. to premiere ‘Raising a Rukus’ at L.A.’s Imax VR Center, Surf Air receives noise complaints from residents near Santa Carlos Airport, and Team Liquid Partners with gaming analytics company Mobalytics.

Virtual Reality Co. to Premiere ‘Raising a Rukus’ at L.A.’s Imax VR Center

Virtual Reality Co. plans to premiere its “Raising a Rukus” virtual reality experience at the flagship Imax VR Center in the Fairfax District on Friday.

Silicon Beach Report May 16: Upload Raises $4.5 Million

Upload raises $4.5 million, lens replacement startup Lensabl raises funding, and FilmOn settles lawsuit with broadcasters CBS, Fox, and NBC.

Silicon Beach Report May 15: SpaceX Settles Overtime Pay Class Action for $4 Million

SpaceX settles overtime pay class action for $4 million, Snap launches new camera lens ads, and hackers may have stolen unreleased Disney movie, Chief Executive Bob Iger tells staff.

SpaceX Settles Overtime Pay Class Action for $4 Million

SpaceX settled an overtime pay class action with 4,100 workers on Wednesday for $4 million.

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Spy Satellite May Mean Launch Firm on Way Up

AEROSPACE: Military deals could help SpaceX cope with swings in commercial orders.

Military contracts could provide a big lift to SpaceX’s launch business.

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Silicon Beach Report May 12: Elon Musk’s Boring Co. Begins Horizontal Digging in Hawthorne with Tunneling Machine

Elon Musk’s Boring Co. begins horizontal digging in Hawthorne with tunneling machine, military could have low-cost launch market in five years with increased investment, and Social Reality rebrands as SRAX.

Silicon Beach Report May 11: Lions Gate Ordered to Pay $5.8 Million to 'Biggest Loser' Star Jillian Michaels for Airing Workout Videos on YouTube

Lions Gate ordered to pay $5.8 million to 'Biggest Loser' star Jillian Michaels for airing workout videos on YouTube, TrueCar adds pricing information to eBay Motors, and Lyft moving into space in Arts District.

Silicon Beach Report May 10: Snap Inc. Reports Slow User Growth, Shares Drop More Than 25 Percent

Snap Inc. reports slow user growth, SpaceX considering sending two Dragon capsules to Mars in 2020, and Jordan Levin named CEO of AwesomenessTV.

Snap Inc. Reports Slow User Growth, Shares Drop More Than 25 Percent

Snap Inc., parent company of Snapchat, reported a net loss of $2.2 billion (-$2.31 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March.

Silicon Beach Report May 9: Snapchat Photos Can Now Be Viewed Indefinitely

Snapchat photos can now be viewed indefinitely, Cover raises $1.6 million to build prefab structures for homes, and SpaceX tests Falcon Heavy core.

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