LA TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
INVESTMENT: Message app will feel pressure to expand ad reach, age of user base.
Business Journal lays out five factors that could figure in to Snap’s first year as a public company.
Woo, an India-based dating app, has acquired L.A.’s Dus, an app designed for South Asian singles in the United States.
INTERNET: IPO could mean billions to firm’s co-founders.
Snap’s IPO could create a new pecking order among L.A.’s billionaires and tech companies.
E-tailer Bouqs scores $24 million with intent to further grow roots in field packed with competitors.
C Series investors take a $24 million rooting interest in online flower vendor Bouqs Co.
ENERGY: SoCal Edison to spend $570 million to charge medium, heavy vehicles.
Electric utility to weigh in with charging stations for medium and heavy vehicles.
While helping a farmer harvest corn doesn’t seem like something the financial tech industry is clamoring to address, the rise of companies such as West L.A.’s Currency Capital proves online banking solutions are pushing further afield.
Silicon Beach Report Feb. 2: Snap Inc. Files for $3 Billion IPO; Discloses 158 Million Daily Active Users
Snap Inc. files for $3 billion IPO; discloses 158 million daily active users, concerns raised over cracks in SpaceX’s rockets, and Faraday Future sets sights lower, plans for smaller factory.
Snap Inc., parent company of ephemeral photo-sharing and messaging app Snapchat, has filed for a $3 billion initial public offering of its stock on the New York Stock Exchange in March.
Westside Rentals Sells to CoStar’s Apartments.com, Flipagram Acquired by Chinese Company, L.A. Region Leads Nation in Business Startups, and more.
Snap Inc. opens up its automated bidding platform, Disney relaunches Club Penguin as mobile game, and Radish raises $3 million for serialized fiction stories.
Ahead of its forthcoming initial public offering, Snap Inc. has unlocked its automated advertising bidding program to all marketers.
Facebook cloning efforts appear to curb Snapchat, Bouqs Co. raises $24 million, Amplify raises $10 million seed fund, and more.
Online flower shop Bouqs Co. has raised a $24 million Series C round of capital led by Partech Ventures.
Snap Inc. intends to publicly file for an IPO next week, according to Recode, putting it on track for a March offering.
About 30 percent of brand accounts on Snapchat are dormant, Virtualitics raises $3M to Visualize data in VR and AR, and SpaceX runs Hyperloop contest this weekend.