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Whisper Chief Executive Michael Heyward said he would fire the employee who allegedly told reporters that the anonymously posting app would track a user for life.
John Krafcik, president of Santa Monica car buying and selling platform TrueCar Inc., says there’s a strong correlation between states that vote Republican and high truck sales. Based on this, TrueCar is predicting that Republicans will come out ahead in next week’s midterm election.
P.S. XO, a party planning e-commerce company co-founded by actress Soleil Moon Frye, has merged with toy and craft brand Seedling. The combined entity, which will continue under the Seedling brand, is also announcing $7 million in funding.
ScoreBig.com, an online marketplace that finds discounted live event tickets, has raised $18 million in Series D funding.
Edmunds.com has acquired mobile messaging startup CarCode as the veteran car shopping site looks to invest heavily in mobile. Terms of the deal were not disclosed.
Tinder has announced that San Francisco VC firm Benchmark has taken an equity stake in the dating app and General Partner Matt Cohler will become a director.
DogVacay might give pet owners a needed break, but the Santa Monica startup, which places pets in temporary vacation homes, has no plans of slowing down.
SolarReserve, a solar power tech developer, has acquired a division of Canoga Park aerospace and defense firm Aerojet Rocketdyne as it continues to commercialize solar thermal energy storage.
The Los Angeles Business Journal brings you a weekly roundup of L.A. launches. On this week's Launch List: YP, Nestdrop, MediaHound and more.
In just two weeks, Enrou went from scrappy startup to winner of Forbes’ “$400,000 Pressure Cooker” pitch competition held this week during its Forbes Under 30 Summit.
The Senate commerce committee has asked Whisper to address a report that said the social media app, which promises user anonymity, tracked its users including those who opted out of its geolocation tool.
Snapchat has added Yahoo as an investor in a financing round that would value the Venice startup at $10 billion, Bloomberg said Wednesday.
Turns out college students aren’t the only ones looking for cheap sleeping digs.
Joel Simkhai calls himself the “number one Grindr user.” He’s also the gay dating app’s chief executive.