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Coco Huang

Stories by Coco

Oracle Agreement for TikTok Sets Technology Partnership

Facing a Sept. 20 deadline from the White House to find a buyer for its U.S. operations, TikTok parent company ByteDance Ltd. has accepted a bid from Oracle Corp.

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TrueCar Expands Management Team

TrueCar Inc., the Santa Monica-based online car-buying marketplace, has named three executives to its expanded management team and has added a member to the company’s board.

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Executive Coaches See Increased Demand During Pandemic

Although, as a rule, their names do not appear on a company’s executive roster, executive coaches have long been a staple at companies of all sizes and areas of enterprise, from corporate giants to tech startups.

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TikTok Rejects Microsoft, Partners With Oracle

TikTok’s parent company, Beijing-based ByteDance Ltd., has rejected the acquisition proposal from Microsoft Corp. and reportedly accepted a bid from Oracle Corp.

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Graze Makes the Cut with Robotic Mowers

Santa Monica-based Future Labs V Inc., which does business as Graze, wants to revolutionize the landscape industry with its robotic lawn mowers.

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QLess Software Helps Businesses Cut the Line

With social distancing and masks likely to remain a reality for a while longer, Pasadena-based QLess Inc. is poised to help businesses reduce in-person queues.

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CropSwap App Connects Local Farmers, Consumers

Silver Lake-based CropSwap Inc. is trying to move farmers markets onto a mobile app.

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LA’s Burgeoning Agtech Industry Sees Green Acres Ahead

While plenty of tech companies are interested in filling up consumers’ feeds, some are more interested in feeding consumers.

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TikTok Discussing Options With US

TikTok’s parent company, Beijing-based ByteDance Ltd., is reportedly in discussions with the U.S. government on ways to avoid a complete sale of TikTok’s U.S. operations.

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Restrictions by China Narrow Options for TikTok

Already facing limited options amid pressure from the White House, any deal for the U.S. operations of TikTok may now encounter opposition from the Chinese government.

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Tech Titans See Gains as Industry Becomes Even More Essential

While many industries have struggled in the face of Covid-19, companies in the nimble tech sector have adapted quickly and, in many cases, even thrived.

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Rocket Lab Deploys First In-House Satellite

Long Beach-based Rocket Lab USA Inc. made a successful return to flight on Aug. 30, rebounding from a July mission where the company lost its launch vehicle and client payloads.

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SpaceX Hits Another Milestone With Launches

Space Exploration Technologies Corp. conducted two launches last week using its Falcon 9 rockets, including one mission that marked another milestone for the Hawthorne-based aerospace company.

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Rocket Lab Makes Successful Return to Flight

Long Beach-based Rocket Lab USA Inc. made a successful return to flight on Aug. 30 following a failed mission in July.

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Sootchy App Helps Parents Crowdfund College Costs

The downtown-based startup wants to help parents leverage their friends and family networks to help cover college costs.

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Mayer’s Departure Could Speed Sale of TikTok

Less than four months after joining then high-flying TikTok as chief executive, former Walt Disney Co. veteran Kevin Mayer departed the company last week.

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Rocket Lab Signs Launch Deal With OHB Group

Rocket Lab USA Inc. has signed a contract with European space technology company OHB Group to launch a communications satellite for an OHB customer.

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Bingie App Tunes Into Viewer Recommendations

When it comes to movie and TV show recommendations, El Segundo-based app developer Bingie Inc. wants to prioritize friends and family over algorithms.

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TikTok Sues Trump Administration in Challenge to US Ban

TikTok filed a complaint in federal court disputing the Trump administration’s efforts to ban the platform’s U.S. operations.

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TikTok Launches Extensive Marketing Campaign

TikTok is ramping up its marketing efforts in the face of a potential ban in the United States and data security investigations in Europe.

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Miso Robotics Names Bell as Chief Executive

Industry veteran will focus on scaling operations

Miso Robotics Inc., the Pasadena-based robotics and artificial intelligence company, has appointed tech veteran Michael Bell as its new chief executive.

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SpaceX Sets Record With Launch

Company also nears $2 billion in new funding

Elon Musk’s Hawthorne-based Space Exploration Technologies Corp. passed one milestone and neared another last week.

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SpaceX Sets Record With Latest Launch

SpaceX successfully landed a Falcon 9 rocket booster following a launch for a record sixth consecutive time.

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Xos Trucks Raises $20 Million

Electric commercial vehicle maker Xos Trucks Inc. has raised $20 million in funding from investors including BUILD Capital Partners and Proeza Ventures.

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Swoop Platform Targets Small Transportation Operators

Hawthorne-based Swoop Inc. wants to bring digital order and ease of use to the group transportation industry, a fragmented market populated with small operators who keep their books manually.

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LA Businesses Play Key Role in Fast-Growing Sleep Economy

Companies are cashing in on the need for a good night’s rest, which consumers increasingly consider essential for their health and happiness.

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Influencer Campaign Platform Boosts CreatorIQ

Igor Vaks, the founder and chief executive at Culver City-based Social Edge Inc., doing business as CreatorIQ, understands that his company’s complex platform can be difficult to describe to potential investors.

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TrueCar Gains on Earnings, ALG Sale

TrueCar Inc., the Santa Monica-based online car-buying marketplace, has managed to gain investors’ trust even as it adjusts to the market under Covid-19.

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TikTok Remains Active While Weighing Its Options

The clock is ticking for TikTok.

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Miso Robotics Names Bell as CEO

Miso Robotics Inc., the Pasadena-based robotics and artificial intelligence company, has appointed tech veteran Michael Bell as its new chief executive.

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Tinder Helps Match Group Beat Earnings Expectations

Dating app owner Match Group Inc. beat analyst expectations for the second quarter thanks to strong user growth at Tinder, the company’s highest performing subsidiary.

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TikTok Challenged by More Than Trump in the US

Amid the most turbulent stretch in TikTok’s short history, the wildly popular social media platform is facing challenges that extend far beyond those posed by a hostile White House.

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TikTok’s Troubles Offer an Opening to Emerging Rivals

Video sharing platforms that offer variations on TikTok’s core features saw a surge in downloads at the beginning of August after President Donald Trump said on July 31 that he wanted to ban TikTok from operating in the United States.

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Omnia Media Acquired by Enthusiast Gaming

Culver City-based Omnia Media Inc. has been acquired by Canadian digital media company Enthusiast Gaming Holdings Inc.

TrueCar Selling ALG Unit for $135 Million

TrueCar Inc. has entered into an agreement with J.D. Power to sell its ALG Inc. subsidiary for $135 million.

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SpaceX Prepares for Additional NASA Missions

Following the successful completion of the company’s first manned mission, Hawthorne-based aerospace company Space Exploration Technologies Corp. is lining up orders for more NASA projects.

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Gemist Helps Consumers Create Customized Jewelry

Gemist Inc. wants to bring the bling direct to consumers.

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Tinder Taps Former CBS Exec Lanzone as CEO

Dating app owner Match Group Inc. has named Jim Lanzone, the former president and chief executive of CBS Interactive, as the new chief executive of West Hollywood-based Tinder, effective Aug. 3.

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AltaSea Signs Agreement to Work With Scripps, UCSD

AltaSea at the Port of Los Angeles, a nonprofit company focused on the ocean economy, announced Aug. 3 that it has signed a memorandum of understanding with Scripps Institution of Oceanography.

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Popl Provides New Ways to Trade Social Info

When in-person business events and social gatherings resume, Sawtelle-based Popl Co plans to be ready.

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Eyeglass Maker Fitz Frames Delivers Thanks to 3D Technology

Heidi Hertel found inspiration close to home when she decided to launch Fitz Frames Inc.

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Triller Sues TikTok in Patent Dispute

Video-sharing platform Triller, which is owned by Proxima Media, is suing TikTok for patent infringement.

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Anaya to Lead Business Banking at Bank of America

Bank of America has appointed Los Angeles Market President Raul Anaya to lead the company’s business banking unit.

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2020 Largest Public Companies List: Biggest Decliner

California Resources Corp. is among the largest oil and gas producers in California with more than 1,200 employees.

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Bird Comes Up Short in Paris E-Scooter Bid

Santa Monica-based Bird Rides Inc. falls short in efforts to secure a contract for service in Paris.

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Gamers Net Raises $11 Million Series A

Gamers Net Inc., the company behind gaming assistant and analytics platform Mobalytics, raised $11.25 million in a Series A funding round

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Snap Revenues Rise as User Growth Slows

Snap Inc., the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30. While the company has beaten revenue expectations, it continues to see an increase in net loss.

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SpaceX Hits Key Milestones With Latest Launch

Space Exploration Technologies Corp. achieved two milestones with the July 20 launch of a Falcon 9 rocket carrying Anasis- II, a South Korea military satellite.

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Fitness App FitOn Reports 200% Increase in Users

Century City-based FitOn Inc. is trying to turn the phone into a pocket-sized gym.

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Small Cleaning Businesses See Opportunities in Covid Era

Covid-19 has made business owners more conscious of professional cleaning services, and that creates an opportunity for cleaning businesses.

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