Los Angeles Business Journal


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

Do Tech Companies Need to Adopt ‘Brutal’ Cultures to Succeed?

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.

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Smart Doorbell Startup Ring Receives $28 Million Round

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.

U.S. Retains Icann Oversight for Another Year

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.

L.A. Tech Event Calendar: Aug. 17 – 30

Roundup of L.A. tech events in the next two weeks.

L.A. Tech Tweet of the Day: Katy Perry

Singer Katy Perry lent a hand today at Hyperloop’s downtown L.A. headquarters.

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Edmunds Adds Feature in Challenge to TrueCar

Edmunds.com has enhanced its True Market Value car pricing product in a move that may pose a direct challenge to TrueCar.

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Addressing Web

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.

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Radio Turns Ear to On Demand

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.

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Refreshed Image

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.

Silicon Beach Deal Flow: Aug. 14

A weekly roundup of must-read L.A. tech investments and acquisitions.

Silicon Beach Launch List: Aug. 14

A weekly roundup of L.A. tech company and product launches.

Honest Co. Raises $100 Million at Reported $1.7 Billion Valuation

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.

Tinder’s Chief Executive Resigns, Founder Sean Rad Back

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.

Classmates.com Sold for $30 Million

United Online Inc. sold off its social media business Classmates.com to Intelius Holdings Inc. in a deal valued at $30 million.

Antitrust Probe Against TrueCar Dealers ‘Closed’

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.