Stories by Garrett
Facebook predicted to lose teens to Snapchat and Instagram, Uber and Lyft drivers protest their pay at LAX, and FreedomPop launches $49 per year mobile phone plan.
Platinum Equity announced Monday plans to acquire United Kingdom-based aerospace and defense parts distributor Pattonair from Exponent Private Equity.
Steve Bannon returns to Brentwood’s Breitbart News, CNN launches daily Snapchat news show and SpaceX to unveil spacesuits next week.
NBC's daily Snapchat show reaches 29 million views in first month, Fisker Emotion to debut at CES 2018, and Q&A with Sophia Amoruso about new startup GirlBoss Media.
The unemployment rate in Los Angeles County inched up to 4.5 percent in July from a revised 4.4 percent in June, the state Employment Development Department reported Friday.
Famous Birthdays looks to social media celebrities to light candle under traffic.
Ever wanted to know which celebrities shared your birthday? Famous Birthdays of Santa Monica has made a business out of indulging that curiosity.
INTERNET: Facebook has Silicon Beach star in sights.
Former Myspace execs offer Snap some friendly social network advice on dealing with Facebook.
Patrick Soon-Shiong’s NantHealth to lay off 300 and sell off messaging platform software.
Faraday Future may cut electric car racing team to save cash, alt-right social media network raises $1 million on StartEngine, and X Prize extends contest to land on the Moon.
Silicon Beach Report Aug. 16: Tronc and Investor’s Business Daily to Launch Paid Newsletter on Mutual Funds
Tronc and Investor’s Business Daily to launch paid newsletter on mutual funds, Apple co-founder Steve Wozniak joins Mojiit as advisor and retail inventory software company NuOrder raises $8 million.
City of Los Angeles launches cyberattack warning center, US government demands details on visitors to anti-Trump website hosted by DreamHost, and UCLA Extension creates Innovation Lab program.
L.A. Mayor Eric Garcetti on Tuesday announced the launch of the Los Angeles Cyber Lab, a public-private data-sharing center for alerting local businesses and residents to cyberattacks.
L.A.’s MarketCast acquires Fizziology, SpaceX launches Falcon 9 rocket with heavy load of scientific experiments, Snapchat debuts Crowd Surf, a video-stitching feature.
Snap confirms acquisition of Zeny for $213 million, Google's diversity controversy mocked in street art near its Venice office and Third Point sells all Snap shares.
NantHealth Inc. announced plans Thursday to lay off about 300 of its staff and sell its provider and patient messaging platform to Allscripts in a move that it expects to save the company more than $70 million annually, according to a filing with the Securities and Exchange Commission.
Gavelytics hopes to make case with courtroom information on L.A. Superior Court jurists.
Gavelytics hopes to court lawyers with its database on Los Angeles Superior Court judges.
LAFC uses virtual reality to share its vision of the team with potential sponsors and players.
Contour Crafting’s 3-D printers may help form a new future for home building.
Rams owner Stan Kroenke takes shot at e-sports with acquisition of Overwatch League squad.
Barnes & Noble Education picks up online tool sets with acquisition of Student Brands.
Snap Inc.’s slow second-quarter growth disappoints Wall Street, Los Angeles Rams Owner Stan Kroenke buys e-sports team and DUI-test maker Ocular Data Systems funded by Pasadena Angels.
The price of Snap Inc. shares fell as much as 15 percent to $11.69 a share in after-hours trading on Thursday, reflecting investor disappointment in Snapchat’s parent company following a second-quarter earnings report showed slow user and revenue growth.
Los Angeles Rams owner Stan Kroenke and his son, Josh Kroenke, have purchased a franchise for a local e-sports team, according to Activision Blizzard’s Overwatch League, a professional video gaming competition.
Los Angeles Times cited by Google for "annoying" ads, Faraday Future HR vice president departs, and Aerojet Rocketdyne’s AR1 rocket research costs about $228 million.
Walt Disney to pull content from Netflix and launch streaming service, TYT Network receives $20 million from investors including Jeffrey Katzenberg’s WndrCo and Hopscotch signs 40 collegiate programs for sports app.
Sports app developer Hopscotch of El Segundo announced on Monday that it signed up more than 40 athletic programs as customers last month.
Silicon Beach Report Aug. 7: Faraday Future Leases 1 Million-Square-Foot Facility in Central California
Faraday Future leases 1 million-square-foot facility in central California, Virgin Galactic carries out ‘dry run’ ahead of powered SpaceShipTwo flights and Google developing Snapchat-like content.
Barnes & Noble acquires Student Brands for $58.5 million, Elon Musk $5 billion richer and more.
Barnes & Noble Education Inc. announced on Friday that it acquired Hollywood’s Student Brands, a developer of online writing and study tools, for $58.5 million in cash.
Northrop Grumman has set up a “FabLab” to help launch projects by the company’s engineers.
Pasadena-based Guidance Software’s digital forensics drew offer from OpenText.
Waterloo, Ontario-based OpenText, a content management system developer, is set to acquire forensic security firm Guidance Software Inc. of Pasadena for $240 million in cash.
Science Inc. launches $100 million blockchain fund, Kryptos Logic researcher who stopped WannaCry arrested, Tesloop tests out electric freight shipping, and rumors of $30 billion Google buyout of Snap Inc. that never closed.
Snap looking to buy Chinese drone maker Zero Zero, Instagram’s daily use numbers beat Snapchat’s and Hyperloop One test pod reaches 192 miles per hour.
Snap Inc. excluded from S&P 500 due to non-voting shares, vitamin startup Ritual raises $10.5 million, Virgin Orbit readies for Boeing 747 'Cosmic Girl' flight test, and Greycroft Partner launches investment fund targeting video games, virtual and augmented reality.
Jon Goldman, a venture partner at downtown’s Greycroft Ventures, has closed $15.6 million in investment commitments for a new fund looking to back companies in the virtual reality, augmented reality and e-sports industries.
Snap Inc. shares dip after lock-up ends, e-sports audience analytics software maker raises $1.8 million and Ring launches spotlight cam.
Whisper lays of 20 percent of staff, SpaceX raises $350 million as valuation rockets to $21 billion, and Will.i.am’s company buys smart home company Wink for $39 million.
In-flight Wi-Fi provider Golden Eagle disconnects from $416 million Chinese deal.
Virtual reality studio Within raises $40 million, PCM Inc. share price falls 25 percent and TenOneTen raising $50 million fund.
Silicon Beach Report July 26: Global Eagle to Cancel $416 Million Deal With Chinese Firm Over National Security Concerns
Global Eagle to cancel $416 million deal with Chinese firm over national security concerns, Guidance Software acquired for $240 million, and Elon Musk reveals car elevator at Boring Co. site.
National security concerns have forced Global Eagle Entertainment, an in-flight Wi-Fi service, to cancel a $416 million investment agreement with China’s Beijing Shareco Technologies to create a new joint venture for the Chinese market.
Modular construction startup Emagispace raises $4.2 million, ABC News forms production partnership with ATTN:, and Elon Musk disses Mark Zuckerberg’s understanding of the dangers of artificial intelligence.
Internet Brands to buy WebMD for $2.8 billion, Hulu names Google veteran as marketing executive, and ‘Game of Thrones’ Snapchat lens reaches 45 million people.
Internet Brands Inc. of El Segundo announced an agreement Monday to acquire online medical information company WebMD for $2.8 billion.
Cinq Music raises $20 million Series B, Snap Inc. selling Spectacles in Harrods of London, and Snap Inc. hires Swiss team behind anti-reverse engineering software.
TECHNOLOGY: Certificate in place of pilot’s license among changes to ease way.
Drone filming companies say new FAA rules have helped business take off.
FrontEdge Technology pulls in $2.7 million for razor-thin product for medical devices.
FrontEdge Technology Inc. raised $2.7 million from a couple of undisclosed investors last month to further develop a razor-thin battery for in-body medical devices.
Software developer clicks with Playa Vista ad exchange Rubicon Project in $38.5 million deal.
Elon Musk claims ‘verbal approval’ for hyperloop route from NY to DC, Falcon Heavy launch has “good chance” of failure says Elon Musk, and Hulu signs 3,000-episode distribution deal with 20th Century Fox.
Elon Musk said on Thursday that his Boring Co. received “verbal approval” to build an underground hyperloop system from Washington, D.C., to New York.