LA TECHNOLOGY

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

Silicon Beach Report Jan. 19: Snap Lays Off Two Dozen Employees

Snap lays off two dozen employees; Activision Publishing CEO Eric Hirshberg leaving in March; and California legislators move forward bill to create California Aerospace Commission.

Silicon Beach Report Jan. 18: L.A. Among the Finalists for Amazon’s 2nd Headquarters

L.A. among the finalists for Amazon’s 2nd headquarters; Jam City develops ‘Harry Potter’ game; and Apple leases 128,000 square feet in Culver City.

L.A. Among the Finalists for Amazon’s 2nd Headquarters

Los Angeles was named by Amazon as one of the 20 finalist cities for the Seattle e-commerce giant’s second headquarters.

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Silicon Beach Report Jan. 17: Tetra Tech Buys Australian Engineering Company

Tetra Tech acquires Australian engineering firm Norman Disney; Redbox says Disney engaging in copyright misuse to protect coming streaming service; and SpaceX’s next customer offers support after mysterious Zuma failure.

Silicon Beach Report Jan. 16: Google to Connect Latin America and Los Angeles with New Undersea Cable

Google to connect Latin America and Los Angeles with new undersea cable; Snapchat content execs talk app redesign and push into scripted programming; and Lockheed Martin exec hints that SR-72 might be built already.

Silicon Beach Report Jan. 15: Sheryl Sandberg, Jack Dorsey Won’t Seek Re-Election to Disney Board

Sheryl Sandberg, Jack Dorsey won’t seek re-election to Disney board; Virgin Galactic conducts 7th glide test of spacecraft; and safety panel raises concerns about SpaceX’s Falcon 9

Silicon Beach Report Jan. 12: Snapchat’s Big Redesign Rated Negatively by 83% of Reviews

Snapchat’s big redesign rated negatively by 83 percent of reviews; Pentagon refuses to answer questions about failed $1 billion Zuma satellite launch; and The IMDb Show launched.

Silicon Beach Report Jan. 11: Venture Capital Investment to L.A. Region Falls Again

Venture capital investment to L.A. region falls again; Internet Brands to acquire lawyer search website Avvo; and SpaceX delays commercial crew test flights to latter half of 2018.

Internet Brands to Acquire Lawyer Search Website Avvo

Internet Brands has reached an agreement to acquire Avvo Inc., an online directory of law firms and legal services, for an undisclosed amount, according to a press release.

Silicon Beach Report Jan. 10: Overwatch League-Twitch Deal Worth at Least $90 Million

Overwatch League-Twitch deal worth at least $90 million; artificial intelligence startup Oben raises $10 million; and Survios to open virtual-reality arcade in Torrance.

Silicon Beach Report Jan. 9: Tesla Hits the Roof; NASA to Collect Earth Science Data; and Eastman Kodak Gets Into Cryptocurrency

Electric car company Tesla has begun to install its first solar roof tiles for customers who placed reservations beginning last May. NASA has a new pilot program to gather Earth science data. And Eastman Kodak is introducing its own digital currency as part of the launch of a platform for photographers looking to license their photos.

Pontifax AgTech Leads $9.5 Million Round in Biostimulant Producer Inocucor Corp.

Santa Monica’s Pontifax AgTech led the second closing of a $9.5 million Series B round in Denver agricultural technology company Inocucor Corp., the companies announced Jan. 8.

Kunlun Group Limited Completes Acquisition of Grindr

Hong Kong-based mobile gaming company Kunlun Group Limited has closed on its purchase of the remaining stake of Grindr LLC, a gay men’s dating app located in West Hollywood’s Pacific Design Center, the companies announced Monday.

Silicon Beach Report Jan. 8: GoPro layoffs, Grindr founder leaving, new lights for Ring’s smart doorbells

GoPro announced layoffs and cost-cutting as the camera and software company exits the drone business; video doorbell maker Ring has acquired light maker Mr. Beams; and the founder of dating app Grindr is stepping down following the company’s acquisition by a Hong Kong-based mobile gaming company.

Silicon Beach Report Jan. 5: Snap’s Unusual Structure Led to Breakthroughs, But Also Problems

Snap’s unusual structure led to breakthroughs but also problems; Hulu nabs ‘Lost’ exclusive subscription streaming rights from Netflix; and SpaceX now targeting late January for Falcon Heavy launch.

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