LA TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
Snap Inc. shares fall as short sellers move on the stock, Hyperloop One unveils photos of test track in Nevada, and Two Bit Circus hires theme park executive.
Snap shares fall 12 percent, Disney Research tests robot interaction with children, and Björk to bring VR exhibition to L.A.
Virgin Galactic spins off satellite launch division, NBCUniversal invests $500 million in Snap, and Mediation app Developer Headspace appoints new CEO.
Virgin Galactic of Long Beach has spun off its small-satellite launch division into a new company called Virgin Orbit, according to a statement.
Gamers have become hot commodities as e-sports teams make a play for a bigger audience.
Snap shares soar 44 percent and Nimble raises $9 million.
Snap Inc. made an explosive initial public offering on Thursday as the price of its stock rose 44 percent to close at $24.48 a share following its debut at $17.
Snap prices shares at $17 for Thursday’s IPO, Hyperloop One pitching Indian government on system, and Snap Inc. said to be working on drone.
Double M Partners raising $40 million fund, Google launches YouTubeTV streaming bundle, and H3h3pProductions piles up legal bills.
SpaceX plans to send tourists around the Moon, HomeHero shuts down after shift to employee model, and RealD acquires MasterImage’s assets.
Space Exploration Technologies Corp. announced plans this afternoon to send two tourists around the Moon by the end of 2018.
Aerojet Rocketdyne buys missile maker, Snap founders tighten grip on voting power in response to one investor, and how Nasty Gal fell from $85 million in sales to bankruptcy.
Evan Spiegel was in London for the Snap Inc. roadshow, offering up what one local paper called a “sleek presentation.”
ENERGY: Busted Firm Seeks Break
Bankrupt Breitburn requests more time to file its reorganization plan.
INTERNET: Global Eagle’s shares in tailspin in wake of quick departure of top brass.
Shares of in-flight internet firm Global Eagle fall to Earth after a front-office shakeup.