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

Fandango Buys Movieclips from Zefr

Fandango, a movie information and ticket-purchasing website owned by Burbank’s NBCUniversal, has acquired the 45,000-item Movieclips catalog from Venice ad services firm Zefr.

USC School to Offer First Online Doctorate

USC's Rossier School of Education is working with an Arizona provider of cloud-based educational software to launch the school's first doctorate degree delivered online, a Doctor of Education in Organizational Change and Leadership.

Oversee.net Sells Domain Monetization Business

Downtown Los Angeles Web and mobile publisher Oversee.net has sold its domain monetization business known as “DomainSponsor” to Rook Media, a Swiss tech firm.

Jacobs Buys Verizon Unit

Jacobs Engineering Group Inc. on Tuesday said it will acquire Federal Network Systems from Verizon Communications.

OpenX Partners With YP Brand

Pasadena ad exchange firm OpenX has partnered with YP Intellectual Properties, operator of the Yellow Pages brand, to bring programmatic display advertising to the localized online and mobile directory service.

Enplug Nabs $2.5 Million in Seed Funding

Social media display maker Enplug has received $2.5 million in seed funding from a slew of venture capital funds and private investors.

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.

Tease photo

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.