December 11, 2011 |
The Los Angeles tech scene has buzz, glitzy backers and even a catchy nickname: Silicon Beach. Tech boosters are stumping for a Silicon Valley contender down south, and conference halls and bars are brimming with entrepreneurs looking to join a growing community that includes a huge new Google campus in Venice and a wave of Internet start-ups. "We've been investing in this area since 1999, and we've never seen a level of activity higher than it is today," said venture capitalist Nate Redmond of Rustic Canyon Partners in Santa Monica.
July 8, 2012 |
Calabasas technology company Ixia will expand its headquarters after signing a new lease worth about $26 million. Ixia, which provides wireless network tests, agreed to expand its offices to 110,000 square feet from 83,000 square feet in a 10-year deal at Corporate Center Calabasas, said David Binswanger, executive vice president of landlord Lincoln Property Co. The lease renewal and expansion were welcome because the economic downturn hit...
April 11, 2012 |
SAN FRANCISCO — How does a 28-year-old make $400 million in 18 months? With the right idea at the right time in mobile apps for smartphones. Kevin Systrom won the start-up sweepstakes this week when Facebook Inc. said it would pay $1 billion in cash and stock for his photo-sharing app maker, which has a loyal following of 30 million users but never made a dime. Facebook Chief Executive Mark Zuckerberg called Systrom to personally negotiate the deal for the social media giant, which is expected to fetch a valuation of $100 billion as soon as next month when it begins selling shares to the public.
December 14, 2011 |
California Atty. Gen. Kamala D. Harris has created a unit within the state Department of Justice that will fight technology crimes and identity theft. The eCrimes Unit will "make sure that vulnerable populations are safe, that consumers are safe and that we allow good behavior to occur," Harris said at a news conference Tuesday in San Jose, chosen because of its location in the tech hub of Silicon Valley. "Where there are predators and predatory practices, we want to ensure we have the skills and technology to go after them and that there is accountability and consequences," Harris said.
June 5, 2012 |
Tech start-ups and accelerator programs have been popping up all over Los Angeles and Santa Monica recently, and now there's a map for that. On the newly launched Represent.LA map, more than 300 technology-related companies have been plotted online, including 257 start-ups, 22 accelerators and incubators, and 34 investors. Click on the icons and a short description of each firm appears. Viewers can submit the names of companies they think should be added to the map. The map was created by three techies, including Alex Benzer, founder of SocialEngine, who said their hope is to connect and promote the local tech start-up community.
March 23, 2012 |
Can you go for a day without your tech tools and toys? The third annual National Day of Unplugging starts at dusk today, so get in all your iPad gazing, mouse clicks, text taps and screen pinches before dusk. Organizers call the National Day of Unplugging "a respite from the relentless deluge of technology and information. " The intentional digital blackout goes from sundown Friday to sunset Saturday. Sound familiar? It's in line with the Jewish Sabbath . That's by design.