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Samson Amore

Stories by Samson

Silicon Beach Report Jan. 17: Netflix Grows Subscriber Base

Musk proposes Australian tunnel; Bird, Lime valuations drop slightly; Netflix sees subscriber and revenue boost.

Silicon Beach Report Jan. 16: SpaceX Moving Some Operations to Texas

Tinder co-founder sued; SpaceX goes back to Brownsville; Niantic nets Axiomatic investment.

SpaceX Moving Starship Test Vehicle Production to Texas

Space Exploration Technologies Corp., based in Hawthorne, will soon move the development and production its Starship test vehicle to its plant in South Texas.

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Jam City Raises $145 Million for Mobile Game Acquisitions

Culver City-headquartered mobile game developer Jam City Inc. announced Jan. 16 it completed a $145 million fundraise, led by JPMorgan Chase Bank, Bank of America Merrill Lynch and CIT Bank.

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Snap Chief Financial Officer Resigns

Tim Stone, Snap Inc.’s chief financial officer, announced Jan. 15 he will resign after working for the Santa Monica social media company for just eight months.

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Silicon Beach Report Jan. 15: Netflix Hikes Prices

Gen.G hires MLB exec as CEO, price hike for 58 million Netflix users; Boring Co. staffs up.

Former MLB Exec Chris Park Named Gen.G E-Sports CEO

Former Major League Baseball Enterprises Inc. vice president of product and marketing Chris Park was named Gen.G E-sports Group’s new chief executive and executive chairman.

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Silicon Beach Report Jan. 14: Endeavor Launches Streaming Service

Bird rescinds legal threat; Endeavor streaming established; CareerArc nets $30 million.

SpaceX Plans 10 Percent Workforce Reduction

Approximately 10 percent of Hawthorne-based Space Exploration Technologies Corp.’s estimated 600 employees will be laid off.

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Silicon Beach Report Jan. 11: Blizzard, NetEase Expanding Publishing Deal

Instapage and Nfusz partner; Neftlix sued for $25 Million; Netease continues publishing for Blizzard

Training or Gaming?

Zwift straddles the exercise and e-sports market with cycling software

Professional cycling and e-sports collide at Zwift.

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Fintech Startup Hauls in $15 Million for App

Albert Corp. wants to build more human interface for A.I. financial advisers

Albert Corp. aims to give A.I. a human touch after $15 million fundraising round.

UPDATED: Silicon Beach Report Jan. 10: Activision and Bungie Split

Gimbal acquires part of UberMedia; Bungie terminates Activision contract early, Ring’s security not so secure?

Silicon Beach Report Jan. 9: Bird Seeks Additional $300 Million

Former Comcast executive hired by Jukin Media; new executives at Activision Blizzard; Bird seeking new funding.

Silicon Beach Report Jan. 8: Hulu Reports 25 Million Subscribers

Fox Sports Digital announces Women’s World Cup content; Fandango inks deal with IMAX; Hulu grows subscriber base.

Silicon Beach Report Jan. 7: Allen, DiMaria Join Rainn Wilson’s SoulPancake

Ring offers new products; Government shutdown delays SpaceX launch; SoulPancake hires new executives

Flo Technologies Announces $28 Million Series B

Flo Technologies Inc., based in Culver City, completed a Series B fundraising round worth $28 million Jan. 4, bringing the home water monitoring system developer’s total funding to an estimated $39.3 million.

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Silicon Beach Report Jan. 4: Los Angeles Sues Weather Channel App

Warner Bros. settles “Westworld” game lawsuit; Digital Domain spins off new startup; IBM’s weather app sued by city attorney

Silicon Beach Report Jan. 3: $100 Million for SpaceBelt Data Storage

AT&T earthquake app available for download; LA Times malware ID’d; Westwood data storage firm raises $100 million.

Westwood Satellite Data Storage Outfit Raises $100 Million

Cloud Constellation Corp., based in Westwood, finalized a $100 million Series B equity round Dec. 20, led by HCH Group Company Ltd., a subsidiary of Hong Kong-based Haier Group.

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Silicon Beach Report Jan. 2: Activision Appoints New CFO

Blizzard tweaks e-sports chats; Disney and Verizon sign deal; Durkin replaces Neumann at Activision Blizzard.

Beyond Meat Adds Vegetarian Burgers to 1,000 Carl’s Jr.’s Locations

Beyond Meat Inc., based in El Segundo, announced Jan. 2 it linked with CKE Restaurant Holdings Inc., the parent company of fast-food chain Carl’s Jr., to offer meatless burgers at 1,000 Carl’s Jr. restaurants nationwide.

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Silicon Beach Report Dec. 31: Caltech Scientists Play Games With DNA

Caltech scientists experiment with DNA; Netflix abandons iTunes payment; L.A. Times hacked

Silicon Beach Report Dec. 28: Reed Hastings’ $2.1 Million Christmas Gift

Snap cuts holiday bonuses; Disney plans NBA virtual reality experience; Netflix executives expect 2019 raises.

Silicon Beach Report Dec. 27: Scam Goes Phishing for Netflix Users

SpaceX lands $29 million from the U.S. Airforce; Snap’s 2019 goals analyzed; “phishing” scam targets Netflix consumers.

Silicon Beach Report Dec. 26: Katzenberg Hires More Quibi Executives

Military GPS satellite launched by SpaceX; Blizzard begins player tracking; Viacom executive joins Quibi.

Silicon Beach Report Dec. 21: Telltale's Kenney Joins Insomniac

Semtech files lawsuit against Spark Connected; SpaceX preps for Dragon launch; Telltale lead writer joins Insomniac Games

Emerald Textiles Buys Mediclean

Pacific Avenue Capital Partners and Highland Capital Management portfolio company Emerald Textiles acquired the assets of MediClean Inc., a healthcare-linen service provider.

Cannabis Crypto Firm Settles SEC Lawsuit

Firm must pay $250K, could be forced to make investors whole

Cryptocurrency company ParagonCoin announces settlement with SEC.

Silicon Beach Report Dec. 20: Popdog Launches With $9 Million Funding

Jet propulsion lab hacked; NASA InSight lander listens for ‘Marsquakes’; $500 million for Musk’s net; Popdog launches, gains $9 million.

Fair Raises $385 Million, Led by SoftBank

Car leasing and financing provider Fair announced Dec. 20 it completed a $385 million Series B round, led by SoftBank Group Corp. Following this round, Fair now has access to nearly a $1 billion in debt capital since its 2016 founding and has raised over $500 million in equity to date.

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Elementary Robotics Nabs $3.6 Million

Pasadena-headquartered Elementary Robotics Inc. announced a $3.6 million seed raise Dec. 19, led by Fika Ventures and Fathom Capital. Additional investors participating in the round included Toyota AI Ventures, Ubiquity Ventures, and Osage University Partners. Elementary’s prior funding consisted of a $1.2 million pre-seed round in October 2017.

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West Hollywood Vacation Rental Outfit Raises $5 Million

AvantStay, a West Hollywood-based hospitality firm that provides short-term vacation rentals to groups, announced Dec. 19 it received $5 million in a round led by Menlo park investment firm Bullpen Capital.

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Silicon Beach Report Dec. 18: TicketGuardian Nets $8 Million

SpaceX plans Air Force satellite launch; Maple Media publishes “Skate Jam;” $8 million raised by TicketGuardian

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Silicon Beach Report Dec. 17: Court Freezes Faraday Future CEO’s Assets

Ring adds doorbell facial recognition; Yuetings assets frozen; Netflix pushes film towards theaters

ParagonCoin Settles SEC Dispute for $250,000

ParagonCoin Inc., headquartered in Hollywood, settled an Initial Coin Offering (ICO) dispute with the Securities and Exchange Commission Dec. 13, agreeing to pay a fine of $250,000 and provide investors with the opportunity to recoup their lost funds.

Silicon Beach Report Dec. 14: Riot Games COO Suspended

Evacuation at Infinity Ward office; Parker releases shoreline app; Gelb suspended for two unpaid months

Emerald Textiles Acquires MediClean Assets, Plans New Facility

Pacific Avenue Capital Partners and Highland Avenue Funds portfolio company Emerald Textiles announced Dec. 13 its acquisition of the assets of MediClean Linen and Laundry, a healthcare linen service provider. MediClean operates a location in Commerce, Calif., from its headquarters in Anaheim, and Emerald Textiles now operates both.

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Aerospace Cos. Expand Extraterrestrial Offerings

Defense and commercial spending support more local firm’s space programs

Aerospace and defense companies in Los Angeles set their sights on space this year.

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Silicon Beach Report Dec. 13: Vyng Raises $4 Million

Postmates bringing delivery robots to LA; Riot Games leads Hypixel investment; Vyng Series A totals $4 million

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Silicon Beach Report Dec. 12: Greycroft Leads Happiest Baby Series B

Pearl Abyss sets up in Manhattan Beach; Blizzard takes Overwatch League on the road; Happiest Baby Inc. raises $23 million

Razor, Lime Deploy E-Scooters in LA

Four months after announcing its arrival in Long Beach, Cerritos-based Razor USA will bring shared electric scooters to LA, as well.

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Game Developer Pearl Abyss Moves to Manhattan Beach

Pearl Abyss Corp., based in Anyang, Gyeonggi, South Korea, announced Dec. 12 it will move from a temporary office in Irvine, Calif., to establish a full-time U.S. headquarters at the Omni Group Towers in Manhattan Beach.

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Silicon Beach Report Dec. 11: AppOnboard Raises $15 Million

Hulu opens ad bidding; Calibrate Ventures completes inaugural fund; AppOnboard funding totals $35 million.

AppOnBoard Closes $15 Million Series B

Mobile app demo and analytics platform AppOnboard Inc., based in Santa Monica, announced Dec. 11 it completed a $15 million series B funding round led by Breakaway Growth Fund, bringing its total 2018 fundraising to $30 million. To date, AppOnboard has raised $35 million.

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Snap Hires New Communications Officer

Snap Inc., based in Santa Monica, announced Dec. 10 Julie Henderson will join the social-focused camera company as chief communications officer.

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Silicon Beach Report Dec. 10: TrueCar Acquires DealerScience for $27 Million

RealD signs China deal; Katzenberg details Quibi plans; TrueCar buys DataScience

RealD Installing 100 New Screens in China

3D and visual technology developer RealD Inc. announced Monday it signed a deal with Beijing, China-based Wanda Cinema Line Corp. to install RealD 3D film screens into 100 of its theaters across China.

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Maple Media Acquires Banana & Co. Gaming Portfolio

Mobile advertising firm Maple Media announced Monday it acquired the intellectual property rights to San Francisco-based game developer Banana & Co.’s game portfolio.

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Silicon Beach Report Dec. 7: InSight Rover Begins Mars Analysis

New sponsors for Call of Duty World League; InSight Rover starts taking red planet data; former employees say Defy Media’s abrupt closure left them without final paychecks.

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