23-year-old spins tweeted facts into big bucks
UberFacts’ Kris Sanchez has turned his 7 million Twitter followers into a true gold mine.
Culver City’s MiTú, a Latino YouTube network, has partnered with Mexican media giant Televisa to create original content for the Web in both Spanish and English.
Raytheon Co.’s sprawling El Segundo operation has been awarded an $11 million U.S. Marine Corps contract to develop laser weapons for military vehicles.
Los Angeles mobile rental marketplace RadPad has raised $2 million in capital led by SG VC in Santa Barbara, bringing its total amount raised to $3.5 million.
Santa Monica real estate agent recommendation service Agent Ace has raised $6 million in Series A financing from March Capital Partners, also of Santa Monica, and Carmel’s Triangle Peak Partners.
BIOTECH: Unfazed Alan Auerbach leads Puma’s hunt for cancer cure.
Puma’s Alan Auerbach is nursing a billion-dollar fortune after positive cancer drug trials boosted company stock.
INTERNET: App maker adds institutions to digital billfold.
CU Wallet is banking on a cut in card “swipe fees” to sign up credit unions for its mobile payment system.
Internet: Streaming sites test ad-supported programming.
Former NBC show “Community” will test if digital programs can channel TV-like audiences and ad dollars online.
Five years ago, Mother Co. founder and Chief Executive Abbie Schiller, 42, and her family decided to move in with her parents at her childhood home in Pacific Palisades to keep her then-fledgling children’s entertainment startup above water.
INTERNET: Small creators left to sort out copyright claims solo.
YouTube policy shift has taken the fight out of some video creators who must now battle copyright claims on their own.