Los Angeles Business Journal

LA TECHNOLOGY

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

Venture Capital Investment in Los Angeles Drops

The flow of venture capital dollars invested into Los Angeles-area companies fell 16.3 percent from a high of $4.17 billion in 2015 to $3.49 billion last year, according to a report by Dow Jones Venture Source.

Silicon Beach Report Jan. 11: SpaceX Explains Plans to Land Three Boosters at Once

SpaceX explains plans to land three boosters at once, inside LA 2024’s social media strategy for winning the Olympics, and Global Eagle fully rents out a satellite.

Silicon Beach Report Jan. 10: Snap Inc. Places International Headquarters in London

Snap Inc. places international headquarters in London, Lionsgate invests in e-sports team Immortals, and crowd-finance startup MobileCause raises $15 million.

Silicon Beach Report Jan. 9: Court Approves British Company’s Bid for Bankrupt Nasty Gal

Court approves British company’s bid for bankrupt Nasty Gal, SpaceX delays rocket launch one week, telemedicine platform SnapMD raises $3.25 Series A extension, and more.

Silicon Beach Report Jan. 6: Faraday Future Claims Electric Car Has More Than 64,000 Reservations

Faraday Future claims electric car has more than 64,000 reservations, Honest Co. draws boycott for support of Trump’s ‘Apprentice,’ SpaceX wins several manned space-flight contracts from NASA, and more.

Faraday Future Claims Electric Car Has More Than 64,000 Reservations

Faraday Future said that 64,124 reservations were placed for its FF 91 electric SUV within 36 hours of the vehicle’s unveiling at the Consumer Electronics Show in Las Vegas.

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Firm Tries to Keep 3-D Printer Users in Shapes

TECHNOLOGY: 3Diligent works as middle man to line up companies, clients.

3Diligent has formed a business around lining up 3-D printing companies with clients.

Terminated Growth Exec Returns Fire at Snapchat

INTERNET: Ex-employee alleges company misled him on app user metrics.

Fired executive claims Snap misstated growth to present better image for IPO.

Silicon Beach Report Jan. 5: Imax to Launch VR Arcade in Los Angeles

Imax to launch VR arcade in Los Angeles, former Snapchat executive alleges app misrepresented growth numbers, and Hulu to add CBS to live streaming service.

Imax to Launch VR Arcade in Los Angeles

Imax Corp. will open a virtual reality arcade at the Grove shopping center at the end of this week. The facility is the first of six planned virtual reality arcades worldwide, including spaces in Great Britain, Japan, and China.

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Former Snapchat Executive Alleges App Misrepresented Growth Numbers

The former head of Snap Inc.’s user growth filed a lawsuit Wednesday alleging the company is cooking those numbers.

Silicon Beach Report Dec. 4: Faraday Future Unveils Its Production Car

Faraday Future Unveils Its Production Car

Silicon Beach Report Jan. 3: Proterra Raises $140M, Plans to Increase Hiring at City of Industry Plant

Proterra raises $140 million and plans to increase hiring at City of Industry plant, SpaceX to resume launches on Jan. 8, and Mattel working on voice assistant for kids.

Proterra Raises $140M, Plans to Increase Hiring at City of Industry Plant

Electric bus manufacturer Proterra of Burlingame announced on Tuesday that it has raised $140 million from investors, which will be partly used to start manufacturing and hiring at its City of Industry plant.

Silicon Beach Report Dec. 30: Core Innovation Capital Raises $71.5M for Financial Tech Investments

Core Innovation Capital raises $71.5 million for financial tech investments, SpaceX loads Falcon 9 for launch, and DirecTV to end $35 a month streaming service.