Los Angeles Business Journal


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

E-Commerce Site Sold on Future in Tech Incubation

INTERNET: Clearance.co in reverse merger with Miami shell company.Executives’ connection leads to e-commerce site Clearance.co’s union with Development Capital Group.

By Kay Chinn April 14, 2014 midnight   $$ Share

Zefr Hires Two New Ad Execs

Online video advertising service Zefr has hired two new executives to lead its media sales division.

Digital Publisher Woven Acquires News Site Uproxx

Culver City digital publisher Woven Digital has purchased Miami entertainment and news website Uproxx, further expanding its offerings aimed at young males.

TigerText Expands Board

Santa Monica enterprise messaging app TigerText announced Tuesday that it named three new members to its board representing its latest investors.

BlackBerry to Collaborate with NantHealth

Smartphone maker BlackBerry announced Tuesday that it has invested in Dr. Patrick Soon-Shiong’s NantHealth with the hope that its smartphones can be married to the West L.A. billionaire’s next-generation medical information technology.

IAC Increases Stake in Tinder, Size of Deal Disputed

Barry Diller’s IAC/InterActiveCorp has upped its stake in West Hollywood hookup app Tinder Inc.

Evolve Media Hires New Chief Technology Officer

Integrated digital media company Evolve Media has brought on former CareerArc Group executive Travlin McCormack as its new chief technology officer.

Zumbox to Shut Down

Digital postal mail startup Zumbox has informed users that it will shut down operations next week.

AwesomenessTV Continues to Beef Up Executive Ranks

Los Angeles multiplatform content maker AwesomenessTV has hired veteran retail sales executive James Fielding as the company’s new global head of consumer products and retail.

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Rights Enforcer Deputizes ISPs in File-Sharing Fight

Rightscorp enlists Internet service providers to pull the plug on users of illegal TV- and movie-sharing sites.

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Security System Maker Risks Taking on Big Guys

MANUFACTURING: Smaller player Astrophysics aims to expands sales by 50 percent.

Astrophysics battles bigger rivals to lock down a piece of the security screening market.

News Maker Looks to Tell Its Stories in Silicon Beach

MEDIA: New York’s RNN opens L.A. outpost to land new media customers.

New York news producer looks to channel content to new media businesses.

True Car Registers for IPO

Santa Monica’s booming auto shopping website TrueCar has registered for an initial public offering with the Securities and Exchange Commission, seeking to raise up to $125 million.

Solid Concepts Is Acquired

Stratasys, an international 3-D printing company, said it plans to buy Valencia’s Solid Concepts Inc. and another private company in Texas, and will merge them with its own manufacturing subsidiary.

Rubicon Project Goes Public

Shares of Rubicon Project Inc. on Wednesday rose more than a third in its New York Stock Exchange debut.

New CEO at ReachLocal

Internet advertising company ReachLocal Inc. has named Sharon Rowlands as its chief executive, the company announced Wednesday.