Los Angeles Business Journal

LA TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
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Collectors Now Look to Hang With Artists Online

INTERNET: Saatchi Art’s site offers virtual opening to promote, sell works.

Websites such as Saatchi Art offer artists a new way for their works to click with collectors.

Silicon Beach Deal Flow: May 27

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

Silicon Beach Launch List: May 27

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

Universal Music Acquires Digital Marketer Fame House

In a push to further diversify its business, Universal Music Group has acquired Fame House, a digital-marketing agency with musician clients such as Eminem and Pearl Jam. Terms of the deal were not disclosed.

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SpaceX Scheduled to Nearly Triple Launches This Year

Space Exploration Technologies Corp.has officially scheduled 17 launches for 2016, nearly tripling the company's six rocket launches last year, Spaceflight Now reports.

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Snapchat Raises $1.2B, Aims at Explosive Growth

Snapchat has raised a $1.2 billion round of capital, according to a filing with the Securities and Exchange Commission. The valuation of the Venice company was not disclosed.

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Victorious Raises $25 Million to Develop Apps for Super Fans

Santa Monica-based app creating company Victorious has raised $25 million to expand its services internationally and improve its app development capabilities.

March Capital Closes $240 Million Fund

Venture capital firm March Capital Partners of Santa Monica closed a $240 million fund on Tuesday to back dozens of technology start-ups worldwide.

Kelly Slater Wave Co. Sells Majority Stake to the World Surfing League

Santa Monica-based artificial wave-making company Kelly Slater Wave Co. has agreed to sell a majority stake to the World Surf League. Terms of the deal were not disclosed.

L.A. Tech Calendar: May 23 - June 5

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

HelloTech Merges with Rival Geekatoo

In a move that greatly expands its service area, in-home tech-support company HelloTech has merged with rival Geekatoo of San Francisco. Terms of the deal were not disclosed.

Bad Buzz Hits Charging Firm uBeam Inc

New criticism of its wireless-charging system could hurt uBeam’s connection with investors.

Silicon Beach Deal Flow: May 20

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

Silicon Beach Launch List: May 20

A weekly roundup of L.A. tech company and product launches including StartEngine, Rubicon, OpenX and Esri.

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Imax Launching Virtual Reality Arcades and Camera

Imax Corp. has announced it will launch six virtual reality arcades in locations such as multiplexes and malls.