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Samson Amore

Stories by Samson

Apple Co-Founder Joins L.A. Crypto Summit

Wozniak will address blockchain enthusiasts at October convention

Cryptocurrency summit features Apple Inc.’s other founder – Steve Wozniak.

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Silicon Beach Report Aug. 16: Tech Investor Sues AT&T Claiming ‘SIM Swap’ Scam

Cryptocurrency investor Michael Terpin sues AT&T over “SIM swap” scam; Cargomatic raises $35M in series B round; Boeing acquires El Segundo-based satellite and flight-plan maker.

Boeing Acquires El Segundo’s Millennium Space Systems

Boeing Co. has agreed to acquire Millennium Space Systems Inc., an El Segundo-based small flight system developer and satellite manufacturer.

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Lucidity Announces $5 Million Funding Round

Marina del Rey advertising blockchain firm Lucidity (an affiliate of KR8OS Inc.) announced Aug. 15 it completed a funding round of $5 million in total, comprised of investments from six venture capital firms.

Silicon Beach Report Aug. 15: AuditBoard Nets $40 Million

Risk and compliance software company AuditBoard raises $40 million; Bird, Lime lead e-scooter protest in Santa Monica; Tinder sues parent company

Tinder Sues Parent Company

Match Group dating app subsidiary Tinder Inc. has filed a lawsuit against parent company InterActiveCorp., alleging IAC purposefully undervalued the company to avoid proper payouts to executives.

Silicon Beach Report Aug. 14: Snapchat Gives Creators AR Power

Snapchat enlists Nicki Minaj to show how AR tools let users shop in RL; SpaceX invites guests into the Dragon X; Treyarch testing Battle Royale mode.

Pacific City Financial Completes $47.7 Million IPO

Pacific City Financial Corp. completed its initial public offering with the sale of 2.4 million shares on the Nasdaq at $20 per share, according the bank, which began trading on Aug. 10.

Silicon Beach Report Aug. 13: Chrome River Inks Deal With Exxon

Chrome River picks up ExxonMobil; Wells leaving Netflix; Bird scooters face vandalism.

Silicon Beach Report Aug. 10: Tinder Aims for $800 Million

Tinder eyes $800-million mark this year; SpaceX investors hold steady despite Tesla drama; luxury boat online rental service OnBoat now on board in L.A.

GumGum Inks Deal with Jim Maui Invitational

Santa Monica’s sports marketing firm GumGum Sports (a division of GumGum Inc.) announced Aug. 10 it signed a multi-year agreement to provide media valuation services for the Maui Jim Maui Invitational basketball tournament.

Razor Scoots to Long Beach

TRANSPORTATION: Works with city on pilot program

Scooter company Razor seeks to move into the competitive electric scooter rental market by launching in Long Beach.

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PlayVS Makes Play for E-Sports in High Schools

Software would help schools set up leagues and players.

PlayVS Inc. co-founder and Chief Executive Delane Parnell has come a long way from Detroit’s Jeffries Housing Projects.

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Silicon Beach Report Aug. 9: TaskUs Lands $250 Million

TaskUs worth $500 million following latest funding round; stocks fall after Post Office comment; Heineken passes on Snapchat in favor of other social media outlets.

Appetize Mobile Ordering App Adds NFL Backing; Total Funding Above $50 Million

Playa Vista-based mobile ordering point-of-sale software developer Appetize Technologies Inc. announced Aug. 9 an undisclosed investment from the National Football League, raising the total amount of funding the company has raised to $50 million.

Amazon to Team With L.A. Community Colleges for Cloud Computing Certificate Program Inc.’s Amazon Web Services announced Aug. 9 that it will collaborate with the California Cloud Workforce Project (CA Cloud) and 19 community colleges in Los Angeles County to offer a regional cloud computing certificate. To date, this is the first program of its kind created by Amazon and local colleges.

Silicon Beach Report Aug. 8: Blockchain Startup Sagewise Raises $1.25M

$1.25 million raised by Sagewise; Blizzard teases new Diablo game; Snap reports earnings

Snap Q2 Earnings: Losses Trimmed but User Numbers Down

Snap Inc. announced second quarter earnings Aug. 7, reporting its first ever drop in users since the company’s incorporation in 2011.

Silicon Beach Report Aug. 7: Katzenberg’s NewTV Raises $1 Billion

Katzenberg’s short-form video project raises $1 billion; SpaceX hosting mars landing conference; Nexus Technologies acquires Cal Net

Cal Net Acquired by Nexus Technologies

Chatsworth-based Cal Net Technology Group was acquired by ABRY Partners subsidiary Nexus Technologies Inc. (which does business as NexusTek) Aug. 6. Cal Net provides managed IT solutions and will now operate as a NexusTek entity.

Silicon Beach Report Aug. 6: Facebook Joins Forces With MomentFeed Startup

Facebook joins forces with MomentFeed startup; Zillow hires exec to lead digital content; SpaceX plans second reusable launch

Silicon Beach Report Aug. 3: Uproxx Media Sold to Warner Music

Warner Music buys Uproxx Media; SpaceX sets deadline for NASA launch; Hyperloop Technologies in consideration for Cupertino line

Adobe Sets Up Shop in SaMo

First L.A. County office for creative software company

Adobe Systems Inc. cut the ribbon July 25 at a new Santa Monica office, which leaders said will help deepen the tech company’s relationship with the post-production community in Hollywood.

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CSU Long Beach Adds Cybersecurity Program

New minor aims to address labor shortage in growing market segment

CSU Long Beach launches cybersecurity minor.

Telecoms Hold Steady on Local Jobs

Retail expansions, acquisitions help

How the area’s largest telecommunications firms have fared by employee count.

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Silicon Beach Report Aug. 2: L.A. Dodgers Launches New Youth Sports Venture

Dodgers kicks off youth sports program; new Overwatch teams from across the county and around the world; Boeing delays Starliner capsule launch

Blizzard’s Overwatch League Adds Two New Teams

Santa Monica-headquartered Activision Blizzard Inc.’s Blizzard Entertainment announced Aug. 2 that it added two new teams to its global e-sports competition, the Overwatch League.

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Silicon Beach Report Aug. 1: Snapchat Launches Speech Recognition

Snapchat’s new lenses will respond to spoken cues; Pluto TV links with Vizio; scooters moratorium proposed in L.A.

LegalZoom Valued at $2 Billion Following Investment

Glendale online legal technology company Inc. announced June 31 it completed a $500 million financing round from four total investors, its second since the firm’s founding in 2001. With this investment, LegalZoom’s estimated value totals roughly $2 billion.

Silicon Beach Report July 31: UPS Partners with Thor Trucks for Electric Vehicles

UPS expands electric fleet with Thor; Cred launches cryptocurrency app; Logitech buys Blue Microphones

Logitech Inc. Acquires Blue Microphones for $117 Million

Newark and Switzerland-based computer accessory company Logitech Inc. purchased Westlake Village microphone manufacturer Blue Microphones Holdings Corp. for $117 million in a cash deal finalized July 30.

Silicon Beach Report July 27: Bird Rides Expands to Oregon

Congress Approves Reusable Rocket Bill; Cesppa Closes $1.5 Million Seed Round; Bird Scooters Take on Oregon

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Cesppa Closes $1.5 Million Seed Round

Cheviot Hills-headquartered anti-hacking startup Cesppa Inc. closed a $1.5 million seed round July 26, according to a Securities and Exchange Commission filing.

$7.5M for Hollywood VR Startup

TECHNOLOGY: App gets nod from Apple, deal with NFL Players Association

Octi creates VR avatars from NFL players.

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Silicon Beach Report July 26: Virgin Galactic Sets New Altitude Record

Virgin soars to new heights; Open Listings hits $1 billion; Chrome River goes to Europe

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Silicon Beach Report July 25: Snap Lab Division Chief Resigns

Snap Lab division chief resigns following Spectacles fallout, pays $230M to pick up MetaPack; another successful rocket launch by SpaceX Acquires MetaPack for $230 Million

El Segundo’s Inc. announced today a definitive agreement with United Kingdom supply chain management company MetaPack Ltd. to buy the company for approximately $230 million in cash.

Anti-Overdraft App Adds to Funding Round

Dave Inc., a Mid-Wilshire tech startup backed by celebrity investor Mark Cuban has raised $10 million of a planned $15 million in its latest debt-financed round.

Silicon Beach Report July 24: March Capital Partners Raises $12 Million

March Capital raises $12M for Xage; Snap syndicates Complex content; Meg Whitman dives into e-sports

Meg Whitman Invests in Immortals; Joins Board

Westwood-based Immortals, an e-sports competition league with worldwide reach, announced today an investment from Meg Whitman, who also joined the company’s board of directors.

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Silicon Beach Report July 23: Snapchat Shutters SnapCash

Snapchat shutters SnapCash; Overwatch gets Nerf prototype; another SpaceX satellite launches

Silicon Beach Report July 20: Wemo Links with Apple Homekit

Wemo links its smart plug with Apple’s Homekit; Esko-Graphics buys Blue Software; Bird accepts low-income riders

Blue Software Acquired By Esko

Packaging design software company Esko-Graphics Inc., a subsidiary of the Danaher Corp. has bought Blue Software, an artwork management software firm, from Westwood-based Diversis Capital.

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Car-Sharing App Challenges LAX Fees

Turo claims exemption

Los Angeles World Airports is facing down a legal challenge from San Francisco-based car sharing app Turo Inc. over how the airport permits car-sharing services.

Openpath Secures $20 Million Series B Funding

Office security firm taps Emergence Capital, Upfront Ventures, others

New USC report finds statistically significant link between digital content and ADHD.

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Silicon Beach Report July 18: L.A. Hyperloop Outfit Wins China Contract

Hyperloop Transportation wins China contract, StartEngine accepting bitcoin; HyreCar partners with dealerships

HyreCar, DriveItAway Bring Car Sharing to Dealerships

Downtown-based car-sharing platform HyreCar Inc. announced July 17 that it will partner with Inc., a used vehicle auction platform based in Cambridge, Mass. The collaboration is designed to allow independent car dealerships in 34 states and Washington, D.C. to list their vehicles on the HyreCar platform.

Silicon Beach Report July 18: AdQuick Raises $2.1 Million

AdQuick raises $2.1 million; meal delivery service Chef’d abruptly shutters; SpaceX gears up for new launch

Silicon Beach Report July 17: MTech Capital Announces $75 Million Fund

MTech Capital’s new $75M fund for “InsureTech;” smart key maker Openpath raises $20M; Pelican Products has an new consumer marketing team leader

Silicon Beach Report July 16: Netflix Shares Plummet

Netflix subscribers up, stock prices down; Google gets is cloud online in L.A.; Musk tweet could bring libel charge