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  • Tuesday, July 22, 2014

    Factual Ties WIth StrikeAd

    Los Angeles-based geolocation data provider Factual has tied with programmatic advertising firm StrikeAd, the two recently announced, to use Factual's data on a global basis. StrikeAd--which had already been using Factual's data in the US--said the move will help European and Asian clients use the location-based targeting capabilities Factual provides via its Geopulse Audience and Geopulse Proximity products....Continue →

     
  • Tuesday, July 22, 2014

    PK4 Media Buys Prosperio

    El Segundo-based Pk4 Media, which develops adveriting technology, said this morning that it has acquired Santa Monica-based Prosperio, a developer of a programmatic direct platform for the display and video ad market. Financial terms of the merger were not disclosed. Pk4 Media said it has acquired Prosperio's programmatic direct platform, and will make that platform available later this year....Continue →

     
  • Tuesday, July 22, 2014

    OneRoof Energy Ties With Cloud, Digital Services Company

    San Diego-based OneRoof Energy, the solar energy services financing and solar installation company led by David Field, said today that it has tied with "digital services" company Elevate. Accor ding to OneRoof Energy, the move will help extend OneRoof to a "substantial" customer base. Elevate provides home services, ranging from smart home, digital phone, broadband, and in-home technology support services. Financial details of the relationship were not disclosed....Continue →

     
  • Tuesday, July 22, 2014

    Newegg Hails Patent Win Over Acacia Research

    Los Angeles-based online e-commerce retailer Newegg is trumpeting a new patent victory, saying that a "notorious troll" has been ordered to pay the company's cost in a patent ruling. Newegg said that the Federal Circuit Court of Appeals invalidated U.S. Patent No. 6,128,415, a patent which covered the idea of tagging information about an image. NewEgg said that Digitech Image Technologies LLC--a subsidiary of Acacia Research--had sued Xerox, Toshiba, Fujifilm, Ricoh, Overstock....Continue →

     
  • Tuesday, July 22, 2014

    Edmunds.com Claims Electric Vehicle Travel Record

    Santa Monica-based car shopping site Edmunds.com says that it has set a new, electric vehicle travel record using a 2013 Tesla Model S, driven by two of it staffers. According to Edmunds.com, its Director of Vehicle Testing Dan Edmunds and Photo Editor Kurt Niebuhr drove the Tesla from Redondo Beach to New York City, in 67 hours and 21 minutes, which beats the previous record of 76 hours and 5 minutes. The previous record was set by a team of Tesla staffers. Edmunds....Continue →

     
  • Tuesday, July 22, 2014

    TYLT Rolls Out Travel Charger

    Los Angeles-based TYLT, the consumer electronics company related to TYLT Labs, announced today that it has started shipping a new, travel charger which combines a USB wall charger with portable battery. The company said its Energi 2K Travel Charger provides a rechargeable 2,200 mAh battery combined with ability to charge any device using USB from the wall. TYLT had initially launched the product on Kickstarter....Continue →

     
  • Tuesday, July 22, 2014

    United Online Names New Board Member

    Woodland Hills-based United Online said late Monday that it has added a new member to its board of directors. The company said it named Andrew Miller, current Executive Vice President and Chief Financial Officer of molecular diagnostics company Cepheid, to its board. Miller has been at Cepheid since 2008, and also had served at Autodesk, MarketFirst Software, Cadence Design Systems, Adaptive Broadband, and Silicon Graphics. United Online said Miller is the eighth member of its board....Continue →

     
  • Tuesday, July 22, 2014

    Iteris Gets Market Warning

    Santa Ana-based Iteris, a developer of technology for the traffic management and transportation industry, reported late Monday that it has received a notice of noncompliance from the NYSE. According to Iteris, the NYSE indicated that the company is not in compliance with several requirements of the exchange, due to the company's inability to file its annual 10-K report. Iteris said it now must submit a plan by July 31st, to regain compliance with those exchange listing standards....Continue →

     
  • Monday, July 21, 2014

    CheckAlt Wins Another Credit Union

    Los Angeles-based payment processing technology provider CheckAlt has signed up another customer, Energy Capital Credit Union, according to the company. Financial impact of the win was not announced. CheckAlt--which is led by Shai Stern--develops Check 21 payment processing products, used for capture of paper checks and other payment transactions by financial institutions.Continue →

     
  • Monday, July 21, 2014

    Dealflicks Raises $1.7M

    Los Angeles- and San Francisco-based Dealflicks, an online service which offers up discounted movie tickets to help theater chains fill empty seats, has raised $1.7M in a seed funding. The company disclosed Monday that the funding came from 500 Startups, Siemer Ventures, Archer Gray, Rubicon VC, Wefunder, Be Great Partners, Rosepaul Investments, Mogility Capital, Sierra Maya Ventures, and Warner Brothers, along with angels....Continue →

     
  • Monday, July 21, 2014

    Allergan To Cut 1500 Jobs

    Allergan said this morning that it is cutting 1,500 jobs, or approximately 13 percent of its headcount, as part of a restructuring effort. The cuts come as part it battles an unsolicited takeover bid by Valeant Pharmaceuticals. Allergan has around 2,300 employees in Irvine, where it is headquartered. According to Allergan, the cuts will save the company approximately $475M in calendar year 2014....Continue →

     
  • Monday, July 21, 2014

    TrueCar's Scott Painter On Entrepreneurship And IPOs

    Very few Southern California startups make it from seed funding all the way up through an IPO, and rarely do they do so with their original founder. One of Southern California's big success stories -- from startup, to venture funding, and a recent IPO--is Los Angeles-based TrueCar, which had its IPO in May....Continue →

     
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