• Friday, August 28, 2015

    Netflix Expands In Hollywood

    Internet video streaming and rental service Netflix is in a major expansion in Hollywood, and has signed a lease fo 200,052 square feet on the Sunset Corridor, the company said Thursday. According to Netflix and Hudson Pacific Properties, Netflix will lease a significant portion of the ICON office tower at Sunset Bronson Studios, as part of a growth and content creation expansion here. Netflix already has major operations in the Los Angeles area....More →

     
  • Friday, August 28, 2015

    Amgen Gets Approval On New Cholesterol Drug

    Thousand Oaks-based biopharmaceuticals developer Amgen said Thursday that the U.S. Food and Drug Administration has approved its new, cholesterol lowering drug, Repatha. The medication is being aimed at patients with high LDL-C "bad" cholesterol. The medication works by inhibiting the production of a protein, convertase subtilisin/kexin type 9 (PCSK9), which reduces the ability of the liver to remove bad LDL cholesterol from the blood. Amgen said the new medication will cost $542....More →

     
  • Friday, August 28, 2015

    NantKwest Gets $1M Grant For Cancer Research Effort

    Los Angeles-based cancer treatment developer NantKwest said this week that it has received $1M n an award, from the Prostate Cancer Foundation, to study the company's therapy as a novel therapeutic approach in advanced prostate cancer. NantKwest said the $1 Million Challenge award was given to NantKwest, in conjunction with Dr. Ganesh Palapattu at the University of Michigan and Dr. Karen Knudsen at Thomas Jefferson University. NantKwest is the newly public, cancer treatment company led by Dr....More →

     
  • Thursday, August 27, 2015

    Scopely Launches Mobile Game For The Walking Dead

    Los Angeles-based mobile game developer Scopely is launching a new mobile game based on The Walking Dead. According to Scopely, it has partnered with Robert Kirkman and Skybound, the creators of The Walking Dead series, on a new mobile game, The Walking Dead: Road to Survival. The free-to-play game is available for both iOS and Android. Scopely said it worked with game studio IUGO Mobile Entertainment, the creator of Knights & Dragons, on the new title....More →

     
  • Thursday, August 27, 2015

    Cornerstone OnDemand Invests In Four Companies

    Santa Monica-based Cornerstone OnDemand, the developer of cloud-based, talent management software, said this morning that it has made investments in four companies, from the Cornerstone Innovation Fund. The investments went to One Month, which offers online entrepreneurship classes; Rallyteam, an employee talent networking platform; Strive, which is developing tools to help source qualified software developers; and Workpop, a developer of software to help match employers and job candidates....More →

     
  • Thursday, August 27, 2015

    TeleSign Links With Telefonica To Reduce Payment Fraud

    Los Angeles-based two-factor authentication and mobile identity services provider TeleSign said today that it has inked an agreement with Telefonica, which will help address account security and fraud prevention for enterprises and service providers in financial services, e-commerce, cloud and social media. Financial details of the deal were not disclosed....More →

     
  • Thursday, August 27, 2015

    GumGum Launches New Social Media Analysis Tool

    Santa Monica-based GumGum, the developer of digital advertising and marketing tools which tie advertising into online photographs and visual content, has rolled out a new social media analysis tool. The new tool, Mantii, uses image recognition to help marketers gain insight into how images are being shared which relate to their brands across such social media services as Twitter, Facebook, and Instagram....More →

     
  • Thursday, August 27, 2015

    MB TRADING Acquired By TradeKing

    El Segundo-based MB TRADING, a provider of stocks, futures, options, and other trading tools and services, has been acquired in an asset deal by Florida-based TradeKing. Financial terms of the buy were not disclosed. According to TradeKing Group, it will acquire all of MB Trading's assets, as part of an effort to build a diversified financial services firm. The company said that it will continue to operate an office in El Segundo....More →

     
  • Thursday, August 27, 2015

    Snapchat Names SVP Finance

    Los Angeles-based Snapchat has hired Drew Vollero as SVP of Finance, and acting Chief Financial Officer, the company said this week. Vollero was former at Mattell, and also has served at Taco Bell, Yum! Brands, and ZS Associates. Vollero was most recently SVP Corporate Strategy, Development, and Investor Relations at Mattel, where he had been for 15 years; he lives in Orange County.More →

     
  • Wednesday, August 26, 2015

    Tinder Ranks Hottest College Campuses Via Right Swipe

    Wonder where the most right-swiped men and women are on campus? Los Angeles-based Tinder said Wednesday that it has tallied up the number of swipes for college campuses around the U.S., ranking the top 50 campuses based on the number of right swipes. The mobile app developer--which has radically changed the way people find a hot date--uses "right swipe" to indicate people on the app that users would like to go out with....More →

     
  • Wednesday, August 26, 2015

    BCG Digital Ventures Sets Up Shop In Manhattan Beach

    BCG Digital Ventures, a venture investment and incubation company, said today that it has opened up a new headquarters in Manhattan Beach, which it also hopes to share with startups it is incubating. The company says its global Innovatoin and Investment Center in Manhattan Beach is housed in The Manhattan Towers on the PCH. BCG Digital Ventures is led by Jeff Schumacher; the company says it already has 300 employees worldwide, with the majority of those, around 160, already in Manhattan Beach....More →

     
  • Wednesday, August 26, 2015

    WiSilica Aims At Internet Of Things

    A new, Aliso Viejo-based startup, WiSilica, said today that it has launched the company out of stealth mode, to take advantage of the Internet of Things. WiSilica said it is developing technology which will allow users to configure smart homes, buildings, lighting, sensors and wearables, creating intelligent devices that can be managed both by mobile apps and through the cloud....More →

     
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