February 18, 1999 |
Santa Monica-based Stamps.com Inc., developer of a system that will allow clients to have a "mini-post office" inside their computer, is expected to announce today that it has raised $30 million from a group of investors that includes Microsoft Corp. co-founder and billionaire Paul Allen. In a $30-million private placement, Allen's investment fund, Vulcan Ventures, along with Chase Capital Partners, will invest in Stamps.
March 12, 2001 |
Ifilm, a heavily hyped online Hollywood venture, is hanging on by its fingernails these days. A survivor amid the dot-com wreckage, the one-stop shop for aspiring filmmakers and film connoisseurs has thin revenue, wary investors and a sketchy business model. But rather than give up and follow Pop.com and Icebox into the digital dustbin, the 2-year-old company has a dogged determination that maintaining a Hollywood address on the Internet will eventually pay huge dividends.
October 27, 1999 |
At a meeting last week of 150 high-tech entrepreneurs of the Digital Coast Roundtable and again at last weekend's giant Global Cities conference at UCLA--with 400 delegates from 35 nations in attendance--Mayor Richard Riordan declared Los Angeles to be "the capital of the 21st century." Reactions were revealing. The entrepreneurs, with some qualifications, accepted the rallying cry.
June 21, 1999 |
Plenty of Internet companies have staged successful initial public offerings despite a glaring lack of profits. This month, Internet postage retailer Stamps.com plans to go public despite a complete lack of revenue. The Santa Monica firm has not taken in a cent since it was founded by three UCLA business school students in 1996--and won't at least until the U.S. Postal Service approves its system. To get there, Stamps.
September 21, 2012 |
Two national Latino organizations say that the Kennedy Center Honors awards exclude Latinos, and they have begun a public campaign to reform the program, which celebrates lifetime achievement in the performing arts and culminates in an annual telecast of ceremonies at the John F. Kennedy Center for the Performing Arts in Washington, D.C. Felix Sanchez, who chairs the National Hispanic Foundation for the Arts, said Friday that George Stevens Jr.,...
July 1, 2009 |
No matter how much President Obama has changed over the years, the one thing he's never lost is his feel for community organizing, though these days he's working a slightly better neighborhood. Whether you're working Chicago's South Side or Beverly Hills, a good organizer knows that a pat on the back will coax another mile -- or maybe another few thousand -- out of the troops.
February 24, 2006 |
"It's time to act like we know each other," Ben Affleck whispered to South African writer-director Gavin Hood and "Desperate Housewives" star Alfre Woodard as the trio posed for photos at the "Tsotsi" premiere Wednesday night. Affleck's name had been on then off the media tip sheet for the low-key Pacific Design Center event for the Oscar-nominated best foreign language film. So folks were surprised when the suited-up stud arrived.
CALIFORNIA | LOCAL
June 15, 1999 |
Never underestimate the power of free. That's the gospel the folks at NetZero Inc. are preaching, after the company rocketed to prominence as an Internet access provider just months after its founding last October. The company hit 500,000 subscribers March 17--putting it into the top 10 of Internet service providers. Now, just three months later, NetZero boasts 1.2 million subscribers--and is moving to larger office space. How big can it get?
October 17, 2004 |
James Spader, who costars with William Shatner in David E. Kelley's new ABC series "Boston Legal," has purchased a Mediterranean-style home in the Hancock Park area for nearly $2.7 million. Spader, whose character -- attorney Alan Shore -- breathed new life into the eighth and final season of "The Practice" and earned the actor an Emmy, purchased a restored 1920s villa with four bedrooms, an updated kitchen and a guest house.
February 22, 1999 |
Although venture capital investments in Southern California firms rose dramatically last year, a new survey finds the region's growing businesses still facing a so-called capital gap, in part because of a lack of veteran entrepreneurs and insufficient networking. The survey of venture capitalists here found the region needs more experienced entrepreneurs who can deftly move from company to company, as they do in the Bay Area.