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You don’t get a $250 billion market capitalization – the highest valuation of any retail company in the world – without hurting some feelings. Just ask Amazon of Seattle.
Billionaire Virgin Group founder Richard Branson is among several investors putting $28 million into Santa Monica startup Ring, a company that manufactures a doorbell with a video camera.
The U.S. Department of Commerce will maintain stewardship of the Internet Corp. for Assigned Names and Numbers, Icann, the administrator of Internet domain names, for at least another year.
Roundup of L.A. tech events in the next two weeks.
Singer Katy Perry lent a hand today at Hyperloop’s downtown L.A. headquarters.
Edmunds.com has enhanced its True Market Value car pricing product in a move that may pose a direct challenge to TrueCar.
Google’s ABC.xyz yields busy spell for URL firm
Google’s use of ABC.xyz for its Alphabet iteration turns into red-letter day for URL firm.
MEDIA: Podcast One dials up dollars with rise in ads, audience.
Podcast One channels interest in on-demand content into a $12 million investment from Hubbard Radio.
Twenty20 takes shot at stock-photo business with catalog drawn from users’ cellphones.
Twenty20 takes on rivals with a focus on images sourced from social media.
A weekly roundup of must-read L.A. tech investments and acquisitions.
A weekly roundup of L.A. tech company and product launches.
Honest Co., a Santa Monica online retailer of eco-friendly and non-toxic household products, has raised a $100 million round that reportedly values the company at $1.7 billion.
Chris Payne, chief executive of West Hollywood dating app Tinder, has resigned. He will be replaced by company co-founder and former Chief Executive Sean Rad, who will reassume leadership of the company less than a year after he was forced give up control.
United Online Inc. sold off its social media business Classmates.com to Intelius Holdings Inc. in a deal valued at $30 million.
Federal investigators have closed an antitrust probe into car dealers that refused to work with TrueCar, the company said in a filing with the Securities and Exchange Commission.