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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.
Fortress Investment Group of Century City is selling Santa Monica-based Revolution Studios Distribution Co. two years after it acquired the production studio for a reported $250 million.
Silicon Beach Report Dec. 14: Rubicon Project and Clear Channel Launch Programmatic Billboard Network
Rubicon Project and Clear Channel launch programmatic billboard network, Elon Musk to advise President-Elect Donald Trump, and Wevr launches paid subscription for virtual reality apps.
Elon Musk has entered President-Elect Donald Trump’s orbit. The billionaire founder of rocket manufacturer Space Exploration Technologies Corp. and electric car manufacturer Tesla Motors Inc. has accepted an advisory role in Trump’s Strategic and Policy Forum, a non-partisan policy council.
Virtual reality developer Survios raises $50 million, Snapchat introduces group chats, mental health app Stop, Breathe & Think raises $1.3 million, Tinder launches on Apple TV, and more.
Virtual reality video game producer Survios announced on Tuesday that it has raised $50 million in capital over two rounds this year from Metro-Goldwyn-Mayer, Lux Capital, and other investors.
Mitú launches Snapchat Discover channel, SpaceX delays first manned mission in Dragon capsule, and KidGaurd launches cellphone monitoring software for children.
Mattel & Upfront participate in interactive puzzle startup’s $24 million round, Tinder launches branded podcast on dating, and advertiser interest in Live Stories slackens.
A Look Ahead: What’s on the agenda for Los Angeles business in the coming week
Space Exploration Technologies Corp., or SpaceX, is aiming to launch another rocket early next month, which would be its first attempt since a Sep. 1 explosion prompted the Hawthorne aerospace company to halt its launch schedule as it investigated the cause of the incident.
Silicon Beach Report Dec. 8: Sean Rad to Step Down as Tinder CEO, Become Head of Match Group M&A Firm
Sean Rad to step down as Tinder CEO to become head of Match Group M&A firm, Honest Co. to cut 14 percent of staff, and Hulu launches multiple user profiles.
Tinder Chief Executive Sean Rad will step down from his role as the company’s chief executive to lead Swipe Ventures, a Match Group accelerator and acquisition vehicle.