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Paresh Dave / Los Angeles Times:
Sources: Amazon acquired Santa Barbara-based data analytics and search engine startup Graphiq, which has 100+ employees, in May; source says deal is worth ~$50M   —  Amazon is counting on its Alexa virtual assistant to foster deeper relationships with consumers.
Jul 20, 2017, 11:40 AMIn context
Paresh Dave / Los Angeles Times:
Sources say Snap's acquisition strategy is fast-paced, respectful, and not tediously prepped; some acquired teams work out of existing offices   —  Acquisitions propelled Snapchat's evolution from a revenueless, one-trick messaging app to a $28-billion company redefining how people take and share pictures.
May 10, 2017, 2:30 PMIn context
Melissa Etehad / Los Angeles Times:
Once a channel for political expression in Iran, Telegram now seen by some as censorship tool; in one province, 80 channels shut down, 32 users arrested in Jan.   —  This picture taken on Sept. 15, 2016, in Paris shows an illustration of the Telegram messenger application on a smartphone.
Mar 13, 2017, 6:35 PMIn context
Yvonne Villarreal / Los Angeles Times:
YouTube Kids to launch original programming, with the first four shows beginning rollout in April   —  Mariangeli Collado, from left, Jenna Simmons, Tatiana McQuay, McKenzie Mack and Lexi Drew are the stars of YouTube Red's new family series “Hyperlinked.”  The girls, who perform in the group L2M …
Feb 14, 2017, 11:50 AMIn context
Alene Tchekmedyian / Los Angeles Times:
California AG Kamala Harris files new criminal charges against Backpage.com CEO and two controlling shareholders, accusing them of pimping and money laundering   —  Carl Ferrer, from left, James Larkin and Michael Lacey were charged in a pimping case in connection with international classified ad website Backpage.com.
Dec 25, 2016, 7:30 PMIn context
Los Angeles Times:
Silicon Valley, which was at its most politically vocal before the election, reacts with disbelief, anger, and frustration at Trump's win   —  It was an industry that united against Donald Trump, with dozens of executives penning open letters against the Republican candidate …
Nov 9, 2016, 6:40 AMIn context
James Rufus Koren / Los Angeles Times:
Online payday lender LendUp ordered to pay $6.3M in refunds and penalties for deceptive practices   —  Richard Cordray is director of the Consumer Financial Protection Bureau, which has fined San Francisco online lender LendUp.  Online lending start-up LendUp, which has billed itself as a better …
Sep 28, 2016, 8:50 PMIn context
Paresh Dave / Los Angeles Times:
TinyCo, maker of “Marvel Avengers Academy” and “Family Guy: The Quest For Stuff” mobile games, bought by gaming company SGN for an undisclosed sum   —  Elizabeth Olsen, left, Chris Evans and Sebastian Stan in a scene from “Captain America: Civil War,” …
Jul 5, 2016, 11:25 PMIn context
Steven Zeitchik / Los Angeles Times:
VR startup Vrse rebrands as “Within”, raises $12.56M led by Andreesen Horowitz, with Fox, WME, Vice participating   —  A shot from Chris Milk's ‘Evolution of Verse’ (Within)  —  For virtual-reality entertainment, the money keeps coming.  —  Vrse, the VR firm launched by video …
Jun 16, 2016, 7:10 PMIn context
Mike Freeman / Los Angeles Times:
American Airlines signs contract with ViaSat for in-flight Wi-Fi on some of its planes, ending Gogo's exclusivity   —  An American Airlines jet sits at the gate at Ronald Reagan Washington National Airport.  (Susan Walsh / Associated Press)  —  ViaSat Inc. will provide satellite-powered Wi-Fi …
Jun 5, 2016, 5:55 PMIn context

Sponsor Posts

Microsoft:
AI-controlled soaring machine takes flight  —  Microsoft researchers test an autonomous sailplane able to identify, predict and act on complex variables.
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