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INVESTMENT: One-third of Wavemaker’s new fund to go to Southeast Asian firms.
VC Wavemaker seeks to connect overseas with tech startups in Southeast Asia.
Moviepilot, an online film review and publishing site, will undertake an accelerated hiring schedule as it squarely focuses on its U.S. operations in Venice.
Los Angeles County companies raised $472 million in the second quarter, a 52 percent increase from the previous period, according to the latest Money Tree Report.
Two Snapchat trademarks filed last week suggest the company may be considering a monetization plan that relies on peer-to-peer online payments, a revenue-generating strategy already used among messaging apps in Asia.
SpinMedia Group has acquired men’s lifestyle site Death and Taxes, the latest effort by the digital media company to turn its fortunes around.
With top sellers like beard maintenance kits and skull-shaped ice cube molds, Tapiture has no doubt who its customers are and what they want to buy. But the social sharing and e-commerce site is trying to shed the gender-specific image that comes with being dubbed the “Pinterest for Men.”
Snapchat has announced a new feature that will allow users to add customized filters depending on where the photo was taken.
Demand Media has sold Creativebug, an online video arts and crafts business, to Otter Media for $10 million.
TECHNOLOGY: Mobile devices open doors to educational products.
TECHNOLOGY: Increase in mobile devices has raised some parents’ interest in producing educational products for kids.
New rules let UCLA put money into startups
UCLA may graduate to startup investing now that University of California has axed its funding ban.
Technology studio Science Inc. has acquired Armenian app-maker InLight as part of its effort to expand its mobile content portfolio.
Yahoo announced Friday it had acquired video tech startup RayV, with offices in Hollywood, as part of its push to improve its video streaming technology.
Ixia announced Friday a Nasdaq hearings panel has determined to continue listing the company on the exchange if certain conditions are met.
Like so many empires, MySpace came, conquered and collapsed into a wasteland. And Ted Dhanik was there, from the company’s launch in 2003 to its quick descent when confronted with new-kid-on-the-block Facebook.
General Assembly, an educational startup that offers tech courses, said it would open its second Los Angeles campus later this year in downtown’s Arts District.