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A Look Ahead: What’s on the agenda for Los Angeles business in the coming week
While Microsoft Corp. and Apple Inc. might no longer be launching their products at Las Vegas’ Consumer Electronics Show, the event still has appeal for a number of L.A. companies – mainstays and upstarts alike.
Faraday Future Chief Executive Ding Lei steps down, Hulu signs 50 Disney movies, and Snap Inc. to compare itself to Facebook on IPO roadshow.
Faraday Future’s Global Chief Executive Ding Lei has reportedly stepped aside from leading the electric car manufacturer, following a string of negative reports, including the stoppage of construction at its Nevada factory due to a cash shortage, and an exodus of senior executives.
Snap Inc., parent company of mobile messaging app Snapchat, acquired Israeli augmented reality startup Cimagine Media for an estimated $30-$40 million, according to the Calcalist financial daily.
Snap Inc.’s Snapchat launches filter game.
Jaunt Launches VR app for PlayStation.
Snap Inc. opens China office, Walt Disney to produce content for Snapchat, and TaskUs hires 5,700 employees in 2016.
A joint venture team including L.A.’s Aecom Technology Corp. has been awarded a contract for part of the decommissioning process of the shuttered San Onofre nuclear generating station in northern San Diego County.
Walt Disney merges Maker with competing department, Snap Inc. acquires ad tech firm, Faraday Future attacks journalists on Twitter, and more.
Walt Disney Co. has swept its subsidiary Maker Studios into a new area within its digital consumer products and interactive media division.
Rubicon Project tests tool to block, snooze, or like ads, Snapchat gives celebrities no special treatment, and Elon Musk proposes a tunneling company.
Fatigue from relentless targeted online advertising has spurred a growing share of internet users to download ad blockers – browser extensions that remove digital ads from websites. In fact, more than one in four U.S. internet users removed digital ads from Web pages with an ad blocker this year, according to a report by eMarketer.
Riot Signs $300 million internet broadcasting deal for ‘League of Legends,’ Soylent powder goes back on sale just in time for Christmas, and Activision’s Call of Duty tops sales charts.
SpaceX weighs in with Falcon Heavy as low-cost satellite launch option
SpaceX hopes to tip the scales in the launch market with its Falcon Heavy rocket.
Faraday Future’s unpaid bills are piling up and spurring lawsuits, Chinese firm eyes acquisition of Flipagram, GumGum launches TV signage valuation tool, and more.