TECHNOLOGY

Recent and archived news stories on: aerospace, alternative energy, automotive, nanotech, robotics, software providers, telecom, tech start-ups, social media companies

SoundCloud Acquires Repost Network

Audio sharing platform Soundcloud Inc. announced May 23 it will acquire Venice-based rights distribution company Repost Network.

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Silicon Beach Report May 24: Snap Hires New Diversity Lead

PeerStreet hires new sales manager; SpaceX successfully deploys 60 Starlink satellites; Snap gains new diversity lead

Silicon Beach Report May 23: Boring Co. Contracted for Las Vegas Tunnel

Riot Games creates gaming association; Simran Sethi vacates Netflix post; Boring Co. to build Las Vegas tunnel

Fika Ventures Completes $76 Million Raise

West Los Angeles-based investor Fika Ventures announced May 23 it completed the raise of a $76 million fund, the VC’s second since its 2017 launch.

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Silicon Beach Report May 22: Precellerator Begins New Class

Precellerator takes new applications; Snapchat backpedals from x-rated lenses, WarnerMedia co-hosts esports tournament

Silicon Beach Report May 21: Tyffon Gains $7.8 Million

Snapchat links with Naughty America; Aerojet Rocketdyne explores battery storage market; Tyffon raises nearly $8 million

Silicon Beach Report May 20: Snap Hires New CFO, HR Leads

Tetra Tech acquires WYG; Riot Games employees unsatisfied with walkout results; Snap finds new executives

Silicon Beach Report May 17: Aerojet Rocketdyne, Spacex Chosen for Moon Lander Project

LiveXLive announces new music app; Hulu bullish on Disney taking reigns; SpaceX among firms contracted for Moon Lander

Verb Technology Reports First Quarter Earnings

Hollywood-based interactive video advertising Verb Technology Company Inc. reported its first quarter earnings May 16, posting a loss despite an overall revenue increase in its first earnings report since going public.

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Silicon Beach Report May 16: Quibi Seeks Additional $1 Billion

Virgin Hyperloop One gains $172 million; Crackle reports first quarter earnings; Quibi plans $1 billion raise

Virgin Hyperloop One Raises $172 Million

Hyperloop Technologies Inc., doing business as Virgin Hyperloop One, raised $172.2 million of a planned $224.7 million equity funding round May 13 according to Securities and Exchange Commission filings."

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Silicon Beach Report May 15: Burbank-based CareerArc Expands

Team SoloMid partners with Lenovo; Feather spreads its wings in L.A.; CareerArc grows, names new executives

Halla AI Platform for Ecommerce Raises $1.4M Seed Funding

Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital.

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Expenses Outpace Revenue for Upstart Super League

Super League Gaming Inc. distinguished itself among esports companies – and most start-ups for that matter – by going public earlier this year, and on May 14 Super League released its inaugural earnings report.

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Silicon Beach Report May 14: Disney Buys Out Hulu Stake

Bird working to integrate Apple Pay; Comcast sells Hulu stake; Crypto hackers arrested after West Hollywood theft

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