Los Angeles Business Journal

LA TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Silicon Beach Deal Flow: May 6

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

Silicon Beach Launch List: May 6

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

J2 Global Beats Quarterly Expectations

Internet services and media company J2 Global Inc. posted first quarter earnings per share of 61 cents a share, beating analysts’ expectations of 53 cents a share. The per-share mark was 36 percent higher than the year-ago period and came on revenue of $201 million for the quarter ended March 31.

Activision’s Quarterly Revenue Beats Estimates

Activision Blizzard Inc.’s non-adjusted revenue grew by 29 percent in the quarter ended March 31 to $908 million.

Tinder’s Paid Subscribers Top 1 Million

More than 1 million Tinder users pay for the app’s premium features each month – up from an average of 332,000 in the first nine months of last year, parent company Match Group announced Tuesday.

SolarReserve Signs Deal for Solar Plants in China

Santa Monica’s SolarReserve has signed a memorandum of understanding with Shenhua Group Corp. of Beijing to build solar thermal plants in China that generate up 1,000 megawatts of power. The deal is reportedly worth $2.31 billion.

GrubHub Swallows LAbite

Online food delivery company LAbite is set to be acquired by GrubHub Inc. The terms of the acquisition were not disclosed.

Tease photo

Will.i.am’s Smartwatch Startup Acquires Israeli Firm

Smartwatch manufacturer i.am+, founded and backed by hip-hop musician will.i.am, has acquired Israeli machine learning company Sensiya. Terms of the acquisition were not disclosed.

L.A. Tech Calendar: May 2 - 15

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

Snapchat Rolls Out E-commerce Ads

Snapchat has begun testing e-commerce ads as part of its effort to diversify revenue streams.

Ticket Vendor Expands View

INTERNET: Fandango grows stake in moviegoing process.

Online ticket vendor Fandango has picked up businesses to recast itself in a bigger role in the moviegoing experience.

Silicon Beach Deal Flow: April 29

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

Silicon Beach Launch List: April 29

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

Snapchat Video Views Rise to 10 Billion A Day

Snapchat users are watching 10 billion videos a day within the app, rising from 8 billion a day in February, the company has reportedly told its investors.

TheAmplify Sells Majority Stake

TheAmplify, a network of social media celebrities selling endorsements, has sold a majority stake to branding company You & Mr Jones of New York. The terms of the sale were not disclosed.