Last Build Date: Wed, 1 Mar 2017 06:22:15 -0800Copyright: ©2017 Los Angeles Times
Wed, 1 Mar 2017 03:00:00 PST
The head of a security team Evan Spiegel hired to police his high school house parties imparted on him an important lesson: Your true friends are those who stay behind to help you clean up afterward.
The advice stayed with him at Stanford University, where frat mate Bobby Murphy stuck around late...(image)
Tue, 28 Feb 2017 17:36:00 PSTSnap Inc.'s IPO updates: Ahead of IPO, protestors demonstrate outside Snapchat company's Venice headquarters Feb. 28, 2017, 5:36 p.m. Snapchat app maker Snap Inc. is expected to move forward with what's expected to be the biggest initial public offering ever for a Los Angeles company on Wednesday....(image)
Tue, 28 Feb 2017 12:25:00 PST
Amazon’s S3 Web service was down Tuesday morning, wreaking havoc on the Internet — and on social media.
Amazon Simple Storage Service, or Amazon S3, provides Web hosting, image and file storage and backup storage services for a wide variety of companies, including Netflix, Airbnb and Slack. Its...(image)
Tue, 28 Feb 2017 04:30:00 PST
South Korean special prosecutors indicted Samsung's de facto chief Tuesday on bribery, embezzlement and other charges linked to a political scandal that has toppled President Park Geun-hye.
The indictment of Samsung Electronics Vice Chairman Lee Jae-yong is a huge hit for the largest and most successful...(image)
Sat, 25 Feb 2017 03:05:00 PST
A tech start-up based in Los Angeles rather than Silicon Valley. A mobile app that built its appeal by deleting photos and messages. Vertical video in a widescreen world.
Snapchat, the popular photo and video messaging app, has broken the mold in many ways. Now, with parent company Snap Inc.’s...(image)
Fri, 24 Feb 2017 16:25:00 PST
Nobody wants to be Uber right now.
In the past month, the San Francisco ride-hailing firm faced a customer boycott and sexual harassment allegations, which have devastated employee morale and steered users away from the service. Then it was slapped with a lawsuit Thursday, in which Waymo — Google’s...(image)
Fri, 24 Feb 2017 06:00:00 PST
Five years ago when Facebook went public, employees of the social network were glued to office televisions airing CNBC, waiting for the company’s trading price.
“Everyone was hoping for a pop,” said Dan Fletcher, a former Facebook employee, referring to the spike in stock price that some companies...(image)
Thu, 23 Feb 2017 18:30:00 PST
Waymo, a self-driving car company founded by Google, is colliding with ride-hailing service Uber in a court battle revolving around allegations of betrayal, high-tech espionage and greed.
The brewing showdown emerged late Thursday in a lawsuit filed in a San Francisco federal court by Waymo, a...(image)
Thu, 23 Feb 2017 11:50:00 PST
The venture capital arms of Qualcomm Inc., Microsoft Corp. and Airbus have led a $26-million investment in AirMap, the builder of drone air traffic management software announced Thursday.
The Santa Monica start-up, which opened its first office in 2015, builds technology that tracks air traffic,...(image)
Tue, 21 Feb 2017 18:10:00 PST
A former Uber employee sent ripples through the tech industry on Sunday when she alleged on her personal blog that she’d been sexually harassed while working for the ride-hailing giant, and that the company’s human resources department tried to cover it up.
Uber Chief Executive Travis Kalanick...(image)
Tue, 21 Feb 2017 16:05:00 PST
Yahoo Inc. is taking a $350-million hit on its previously announced $4.8-billion sale to Verizon Communications Inc. in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.
The revised agreement announced Tuesday eases investor worries...(image)
Tue, 21 Feb 2017 15:15:00 PST
Sending money to a friend or relative abroad just got a little easier for users of Facebook Messenger.
On Tuesday, London-based money transfer company TransferWise introduced a bot to facilitate money transfers via the social media giant’s messaging platform. For now, the service is available only...(image)
Tue, 21 Feb 2017 08:15:00 PST
Uber has hired former U.S. Atty. Gen. Eric H. Holder Jr. to help lead an investigation into claims of sexual harassment and discrimination that a former female employee made public over the weekend in a highly circulated blog post.
Chief Executive Travis Kalanick told employees in a memo Monday...(image)
Tue, 21 Feb 2017 06:00:00 PST
Investing in start-ups trying to make video games has fallen out of favor in much of the venture capital community.
They’re difficult-to-predict businesses, driven more by characters and animation than by novel technology and often have limited potential buyers if they don’t work out as well as...(image)
Mon, 20 Feb 2017 05:00:00 PST
If you didn’t race out to Venice to get them, or stand in an endless line in Santa Monica, or catch a helicopter ride to the middle of the Grand Canyon, or speed down Pacific Coast Highway or brave the Manhattan cold, or pay a premium on EBay, well, you finally can just go online to buy Spectacles....(image)
Fri, 17 Feb 2017 06:00:00 PST
As Katy Franco waited for her morning coffee, passersby pulled out their phones and snapped photos and video of her barista.
A man in his 20s did a double take, recorded the scene on his iPhone and posted it to Instagram. Another woman drifted toward the barista and asked no one in particular:...(image)
Thu, 16 Feb 2017 06:00:00 PST
Snap Inc. set a starting price range of $14 to $16 per share for its initial public offering, which at the top end could value the Los Angeles technology company at more than $22 billion.
The IPO of the Snapchat mobile app developer is expected to be the largest ever for a Los Angeles firm and...(image)
Wed, 15 Feb 2017 13:40:00 PST
Yahoo Inc. is warning users of potentially malicious activity on their accounts between 2015 and 2016. It's the latest development in the Internet company's investigation of a mega-breach that exposed more than 1 billion users' data a few years ago.
Yahoo confirmed Wednesday that it was notifying...(image)
Wed, 15 Feb 2017 12:10:00 PST
Snapchat is on track to hold the biggest initial public offering of stock for a Los Angeles company, yet none of the region’s major start-up investors stand to profit.
Of the nearly $3 billion that Snap Inc. has raised from investors for technology and hiring ahead of next month’s expected IPO,...(image)
Mon, 13 Feb 2017 17:50:00 PST
8i Corp. has robust software. After 42 cameras collect images of a person on a stage, the Culver City start-up’s program renders a realistic 3-D replica of the individual on a computer.
The question now is why would anyone want to pay for a hologram of themselves?
8i thought that people would like...(image)
Thu, 9 Feb 2017 13:55:00 PST
President Trump wasn’t Twitter’s savior. He was only a distraction.
Despite the social network being the president’s broadcast tool of choice, the San Francisco company failed to add a substantial number of new users during its fourth financial quarter, missed Wall Street’s earnings targets and...(image)
Thu, 9 Feb 2017 13:15:00 PST
If anyone could transform hyperloops from a science experiment into a viable form of transportation, it would be Brogan BamBrogan.
That was the thinking among investors and engineers when BamBrogan co-founded Hyperloop Technologies Inc. in his Los Angeles garage in 2014. BamBrogan was an experienced...(image)
Wed, 8 Feb 2017 14:05:00 PST
Privacy and security experts are buzzing about this week’s decision by the Federal Trade Commission to fine Vizio $2.2 million because, regulators said, the Irvine-based company installed software on its “smart” TVs so it could secretly gather data about the viewing habits of millions of viewers....(image)
Tue, 7 Feb 2017 09:50:00 PST
Twitter Inc. knows it has a problem with online abuse, and on Tuesday it announced three changes it's making to help users deal with it.
The social network said in a blog post that it's cracking down even more on repeat abusers who make new accounts to continue trolling people who have blocked...(image)
Tue, 7 Feb 2017 09:40:00 PST
Ahmed Elgoni felt like he’d struck gold. The 24-year-old video game developer from South Africa had in November secured a ticket to the Game Developers Conference in San Francisco — a cultural mecca for anyone who wants to make video games.
A sponsor would cover the cost of his round-trip flight...(image)