Stories by Samson
Technology: firms move to location-based experiences
Economic reality forces VR firms to switch focus for wider audience.
Social Reality Inc. rewards users who give up info with proprietary cryptocurrency
Social Reality passes benefits of commodification to consumers.
Netflix pays $100 million for exclusive rights to “Friends;” Hulu chief hints streamer may be considering bid for sports; Aussie cotton farmers to use Semtech’s LoRa wireless networking tech.
Upfront Ventures leads $14 million MetaCX round; Axiomatic invests in Matcherino; Hyperloop Transportation Technologies links with German port authority.
Early-stage venture capital investor Upfront Ventures, based in Santa Monica, led a $14 million investment round for MetaCx, an Indianapolis-headquartered developer of e-commerce management software.
Hulu plans new advertising structure; SRAX CFO leaves; Faraday Future cutting more employees
Downtown-based advertising technology firm Social Reality Inc. (doing business as SRAX) announced Nov. 30 its Chief Financial Officer J.P. Hannan will resign.
Fat Brands Inc. announced Dec. 4 it acquired restaurant chain Yalla Mediterranean for an undisclosed amount.
XPrize Foundation plans awards; Overwatch League and Fanatics sign deal; Falcon 9 launches satellite payload.
NationBuilder’s Jim Gilliam passes away; Grindr president addresses homophobic statement; Faraday Future facing bankruptcy
Snap struggles with user demographics; Sinemia allowing fee-free purchases; LearnLux raises $2 million seed led by Sound Ventures
Exactly Right podcast network debuts; SpaceX delays Vandenberg launch; ComicBlitz acquired by film distributor.
Culver City–headquartered mobile game developer Jam City Inc. reported Nov. 28 it acquired a new title from Uken Studios Inc., which does business as Uken Games. The news came less than two weeks after Jam City announced its strategic partnership agreement with the Walt Disney Co.
Disney, Google sign advertising deal; NBCUniversal makes use of AI; Axiomatic and March Capital invest in Nifty Games.
Netflix settles Satanic Temple lawsuit; Microcel acquired by Atar Capital; Caltech-led probe lands on Mars
Semtech expands to Spain; The Trade Desk announces new offices; SpaceX Dragon launch scheduled for January
Innovation Special Report
Laserfiche believes physical record-keeping will soon be obsolete.
Innovation Special Report
Miso Robotics Inc. doesn’t believe robots should take every job – just some unpleasant ones.
Law firm will dole out up to $50,000 to companies participating in accelerator
Sherman Oaks-based Stubbs Alderton & Markiles is shifting its startup accelerator program into a higher gear.
High-level Snap execs disappear for other ventures after company IPO
Messages aren’t the only thing disappearing at Venice-based app-developer Snap Inc. anymore.
Innovation Special Report
Openpath Security Inc. wants to make sure you never get locked out of the office again.
New president at Conde Nast Entertainment; SpaceX secures $250 million; LA Dodgers lead PlayVS Series B round.
Snap retailing Spectacles for $350 each; Activision Blizzard accused of ignoring deaf gamers; Musk’s toking prompts another investigation
“League of Legends” comic book in production; Former Netflix veteran joins ServiceTitan; Virgin Orbit finishes critical flight test
Roughly seven months after beginning its first season, the H1Z1 Pro League announced it will cease operations due to payment issues.
SpaceX launches communications satellite; Sony bows out of E3 but Activision and Warner Bros. are in; Boring Co. accused of withholding tunnel information
SpaceX internet satellites approved; WeRecover gains $2 million; Snap complies with request for IPO details
Bi-coastal venture capital firm Greycroft Partners, which has offices in the downtown Los Angeles Arts District, announced Nov. 15 it led a $20 million seed round for shipping logistics management firm Emerge, based in Scottsdale, Ariz.
Netflix tries mobile-only subscription; Snapchat drops prices for AR ads; ServiceTitan brings total funding to $326 million
Google opens office doors to historic Playa Vista office; SpaceX honors first African-American NASA trainee; LAEDC predicts prosperity without Amazon
Santa Monica-based augmented reality advertising and software provider Vertebrae announced Nov. 12 the launch of its new e-commerce AR platform, Axis.
Elon Musk talks sewage and other Boring application with Eric Garcetti; Vertebrae launches AR platform for e-tailers; Wii users will have to look elsewhere for Netflix
HyreCar Inc., a downtown Los Angeles-based company allowing prospective ride-share drivers to temporarily lease vehicles from dealerships, announced Nov. 8 its third-quarter revenue grew 224 percent to $2.7 million over last year.
SpaceX requests lower launch threshold; Activision nets $1.7 billion third quarter revenues; Tastemade to release a book
Fastest-Growing Private Companies 2018
Halo Top Creamery tops fastest growing companies list for second straight year.
Investors include Kobe Bryant fund and Palisades Growth Capital
Kobe Bryant’s investment fund helps make RingDNA’s venture round a slam dunk.
TECHNOLOGY: Execs from Facebook, LinkedIn
ZipRecruiter looks to Silicon Valley to fill leadership posts.
Branson and Lloyd replaced at Virgin Hyperloop; Defy Media Folds; Grovo Learning acquired by Cornerstone OnDemand
Online hiring and job-search platform ZipRecruiter Inc., based in Santa Monica, announced three new additions to its board of directors Nov. 8, including former executives of Facebook Inc., the San Francisco 49ers and GoDaddy Inc.
Sexual harassment suit filed against Riot Games; SpaceX chosen for Kazakh rocket launch; HyreCar goes national
Sinemia goes for the weekday movie fan, AMC jumps into the subscription business; J2 Global reports revenue growth, Bird launches (tentatively) in United Kingdom.
Musk Shows off hyperloop demo tunnel; Bird fights ban in Beverly Hills; LA spending roughly $13 per voter
Activision debuts game companion app; Snap’s Sehn launches data service startup; mapping LA’s tech neighborhoods
The Los Angeles region is an earthquake hot spot, so it’s little surprise a company focused on detecting seismic activity and warning its customers of an impending temblor would make its home here
Seven exit SpaceX's satellite testing team; Hulu prioritizes non-English content; new Office of Child Protection website launches with AI
Los Angeles’ technology sector is growing — and so is the rent for tech office space, according to a recent study from real estate brokerage firm CBRE Group Inc.
Downtown LA-based DreamHost, a provider of web hosting and site management, announced Oct. 30 it completed an $18 million debt financing credit facility with J.P. Morgan Chase and Co.
LA County weighs electronic voting options; Activision issues Overwatch League changes; Hulu grows revenue 86 percent
Two execs out at Faraday Future; DreamHost’s dreamy $18 million deal; Tinder ventures into advertising
Sampson's departure is the second in two days for the electric car maker
Nick Sampson, co-founder of Gardena-based electric vehicle manufacturer Faraday and Future Inc., resigned on Oct. 30 after calling the company “effectively insolvent.”