Weekly Roundup: Snap to Launch Gaming Platform, Tinder Bolsters its Security, Honey sued by RetailMeNot

Weekly Roundup: Snap to Launch Gaming Platform, Tinder Bolsters its Security, Honey sued

Los Angeles Weekly Roundup …

Top Headlines

  • Comcast suffers outage of video, broadband services across parts of U.S. … read on
  • Amazon Buys Online Pharmacy PillPack for $1 Billion … read on
  • Apple rebuilding Maps in massive overhaul, first results appearing in next iOS 12 beta … read on
  • Rebranded Chinese scooters are taking over San Francisco … read on
  • Farting Unicorn Sparks Legal Battle Between Local Artist And Elon Musk … read on

LA’s Tech & Startups

  • Cordial, a San Diego startup building what CEO Jeremy Swift described as a “truly next-generation platform” for email marketing, has raised $15 million in Series B funding … read on
  • Tinder’s parent company Match Group publicly announced …, that it is now encrypting photos sent between Tinder’s servers and its app. The changes were implemented in February, following the public disclosure of an attack that could have let hackers view people’s profile pictures and swipe actions … read on
  • Tesla opens orders to all US and Canadian Model 3 reservation holders … For people who put down a $1,000 deposit for a Tesla Model 3 as long as two years ago, the big day has arrived. Specifically, the day has arrived when they can give Tesla another $2,500 and then wait a few more months for their car to arrive … read on
  • Snap is reportedly about to launch its own gaming platform … The news makes a lot of sense, given the efforts Snap has increasingly been pouring into its own Lens Studio software for developers to create its specialized AR filters. Snap reportedly bought a web-based 3D game engine last year, called PlayCanvas, which would serve as a good backbone for even more robust developer tools … read on
  • Bird CEO Explains Why His Scooter Startup Needed $300 Million … As word spread that an electric scooter rental company called Bird Rides Inc. was amassing $300 million from investors just months after its first birthday, one question has plagued onlookers in and outside Silicon Valley: Why? read on
  • RetailMeNot sues rival Honey over patent infringement … According to RetailMeNot’s suit, Honey infringes on U.S. Patents 9,626,688; 9,639,853; 9,953,335; and 9,965,769, which detail technologies related to things like facilitating access to promotional offers, merchant offers and coupon codes … read on

Cultural Shouts

  • Breaking Down Every World Cup 2018 Last-16 Matchup … Two weeks, 48 games and a whopping 122 goals have led us here: the World Cup 2018 knockout stages. The round of 16 begins on Saturday with France vs. Argentina and will be followed by seven more cracking games … read on
  • Kroger Just Made a Stunning Announcement That Could Change Everything You Think of When You Think About Supermarkets … In short, Kroger announced Thursday it’s working with an electric car startup called Nuro “to redefine the grocery customer experience for Americans by piloting an on-road, fully autonomous delivery experience.” … read on
  • Joe Jackson, a musical family patriarch, dead at 89 … Jackson was the father of and at times manager to pop stars Michael and Janet Jackson, along with the sibling singing group, The Jackson 5 … read on
  • Cat Rescuer Shawn Simons’ Ultimate Aim: No More Feral Cats … Simons, 49, a former reality TV producer, realized that she could no longer bear the rigors and inertia of that job shortly after she began rescuing cats … read on
  • 98 Percent of VC Funding Goes to Men. Can Women Entrepreneurs Change a Sexist System? … read on
  • What’s Leaving Netflix in July 2018 … When a new crop of movies and TV shows hits Netflix each month, it’s inevitable that another must head toward the exit … read on 

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This Weekend

  • The 7 Best Things to Do in L.A. This Weekend … read on
  • 20 Vegetarian Meal-Prep Recipes to Make Once and Eat All Week … read on

 

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
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LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

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Weekly Roundup: Tesla lays off 9%, Bird to hit $2 Billion valuation

Weekly Roundup: Tesla lays off 9%, Bird to hit $2 Billion valuation

Los Angeles Weekly Roundup …

Top Headlines

  • A federal judge Tuesday cleared the way for AT&T Inc.’s $85.4-billion purchase of Time Warner Inc., creating an entertainment colossus that promises to reshape the media business … read on
  • Donald Trump and Kim Jong Un met Tuesday in front of the world’s cameras, against the backdrop of flags of the United States and North Korea … read on
  • CNN’s Anthony Bourdain dead at 61 – R.I.P. Tony … read on
  • New York files suit against President Trump, alleging his charity engaged in ‘illegal conduct’ … read on
  • Santa Monica hits electric scooter companies with new rules … read on
  • Google’s diversity stats are still very dismal … read on

LA’s Tech & Startups

  • The 10 biggest stories of E3 2018 … read on
  • Bird, a Santa Monica based scooter rental startup, set to pump the company with MORE financing boosting its value to $2 Billion …another LA unicorn in the making ..read on
  • Tesla has laid off about nine percent of its 30,000+ employees, … This is part of the reorganization Musk talked about in May on the company’s quarterly earnings call. The layoffs reportedly started on Monday … read on
  • Santa Monica based technology-enabled commercial real estate brokerage firm, TenantBase, Inc., announced that it has raised an oversubscribed $10.7 million funding round to simplify the process of finding and leasing office space for small to mid-size businesses … read on
  • SnapChat announced that it is launching four new APIs, including a Snap login API that will let people use their Snapchat username to create accounts on other apps, and what amounts to a Snap camera API, which will let people share things from other apps directly to their Snapchat Story. … read on
  • Elon Musk’s Boring Company is getting the go-ahead to build a multibillion-dollar express transit system between downtown Chicago and O’Hare International Airport, city officials said. … read on
  • AI Influential raises $12 million for AI-based influencer matchmaking platform … read on
  • ZipRecruiter announces AI tool that matches businesses with ideal job candidates … read on

Cultural Shouts

  • I Live in Los Angeles and Everything You Assume About Me Is True … read on
  • The Best Pride Week Parties and Events in L.A. … read on
  • How to Watch the 2018 World Cup Online … read on
  • The Best Vegan-Friendly Bars in Los Angeles … read on
  • How to start a smart home for $200 … read on
  • Is the crypto world sexist? That might be the wrong question … read on

This Weekend

  • Happy Father’s Day!
    43 Last-minute Gifts That Will Arrive by Father’s Day … read on
    27 Luxury Father’s Day Gifts for the Dad Who Has Everything … read on
    45 Awesome Things To Do in L.A. This Father’s Day Weekend … read on
  • DTLA Donut Fest … read on

 

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
×
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

2018 Internet Trends Report From Mary Meeker of Kleiner Perkins

LA Startups Internet Trends Report From Mary Meeker of Kleiner Perkins

Every year Mary Meeker of VC firm Kleiner Perkins Caufield & Byers partner release a report on the internet trends, sharing everything from innovations, commerce, workforce, to enterprise software and international competition. Well, it’s that time of the year again when Mary Meeker released her new 294 slides 2018 trends report covering trends in Internet Usages, Innovation + Competition, E-Commerce, Advertising, Consumer Spending, Work, Immigration matters to tech company competition in China.  Here’s a look at the most highly anticipated slide deck in Silicon Valley, Silicon Beach, and beyond.

Key Takeaways

  • Internet Usage
    • Daily Hours Spent with Digital Media per Adult User is on the rise to a whopping 5.9 hours per day in 2017, up from 5.6 hours the year before
  • Innovation + Competition
    • Continue push for product quality and usefulness on devices, access, simplicity, payments, local, messaging, video, voice, and personalization
    • Continue push for better, faster, and cheaper devices
    • Fortnite Battle Royale is the most watched game on Twitch
    • Google Machine Learning Word Accuracy is up to 95% …impressive!
    • Voice-controlled products like Amazon Echo and Google Home are taking off
    • A big push for a better experience for consumers through ‘personalization’
  • E-Commerce
    • E-commerce sales grew 16 percent in the U.S. in 2017, up from 14 percent in 2016
    • Tech companies are becoming a larger part of U.S. business; accounted for 25% of U.S. market capitalization
    • Mobile payments are becoming easier to complete
    • Subscription service continued to climb driven by access, selection, price, experience, and personalization; services like Netflix, Amazon, Spotify, Dropbox, Stitch Fix, LegalZoom, etc.
    • People are spending more on health care, seeking more on value; demand modern retail experience, digital engagements, on-demand access, transparent pricing, and simple payments.
  • Workforce
    • Expect technology to also disrupt the way we work = more job automation
    • Unemployment at 3.9%, well below 5.8% seventy-year average, stronger in Urban areas where 86% of Americans live
    • People demand more ‘flexible’ schedule
    • Freelance workforce = 3x faster growth vs. the total workforce
    • On-Demand Jobs are rising, filling needs for workers who want ‘extra income’ and control their own schedule
Internet Trends 2018 - Mary Meekers slide on On-Demand Work Basics and Benefits
Internet Trends 2018 – Mary Meeker’s slide on On-Demand Work Basics and Benefits

  • Data Gathering + Optimization
    • Internet companies are making consumer privacy tools more accessible
    • More consumers are taking action to address ‘data privacy’ concerns, enabling them to be able to easily delete their own data, disable cookies, and ability to adjust privacy settings on mobile devices
  • China
    • China is catching up as a hub to the world’s biggest internet companies
    • China is home to nine (Alibaba, Tencent, Ant Financial, Baidu, Xiaomi, Didi, JD.com, Meituan-Dianping, Toutiao) of the world’s 20 biggest internet companies by market cap while the U.S. has 11
  • Enterprise Software
    • Most useful Enterprise software to date:
      • Slack for communication organizing information by channel, resulting in a 32% decline in Email usage; 24% reduction in Employee Onboarding time; and 23% decline in meetings (woot!)
      • Dropbox for file management and organizing data by file/version, resulting in a 6x rise in employees on Multi-Department Teams; and 31% decline in IT time spent supporting collaboration
      • Zoom for visual communication, resulting in an 85% collaboration improvement, 71% productivity improvements, and a 58% reduction in meeting times
      • Intercom for customer support, resulting in an 82% rise in conversion for customer chatting, and a 36% rise in conversion for customers assisted by ‘Operator’ chatbot
  • USA Inc. + Immigration
    • More than half of the highly valued technology companies in the U.S. are founded by 1st and/or 2nd generation immigrants


Check out these 9 biggest tech trends at this moment.

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
×
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

Improvements to our Privacy Policy and Terms of Use

Improvements to our Privacy Policy and Terms of Use

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  • General Terms: Our updated terms reflect our commitment to protecting your data. We value your privacy and want you to understand how we use and share your personal information. This includes what information we share about you.
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Thank you for your attention, and for being a valued user.

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LAStartups.com is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.
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LA Startups Crew
Santa Monica, Culver City, Venice, Hollywood, and beyond
LAStartups.com is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.

Los Angeles Times Set to Move by Silicon Beach

Los Angeles Times Set to Move By Silicon Beach 01

After 83 years of being located in Downtown Los Angeles, the Los Angeles Times Newspaper is set to move to El Segundo, the border of Silicon Beach. The new campus will be located at 2300 E. Imperial Highway in El Segundo, across the street from ATT DIRECTV building and conveniently next to the 105 FWY. (source)

The news of the impending change was released by Dr. Patrick Soon-Shiong, the new owner of the LA Times. This update was made during the first town hall meeting with the LA Times staff, whose members were noticeably stunned upon hearing the news. Some of them felt that the move was like leaving home, as they have worked in the same historic building for decades. Others were concerned about longer commutes to the new headquarters, although some of the plans involve retaining downtown offices for those who may be needed in the area.

Why the Move?

The previous owners of the LA Times had sold the historic building to the Canadian developer Onni Group. The newspaper had been based here since 1935, but their lease expires on June 30.

The move was precipitated by Onni Group’s rent increase demand of an extra $1 million a month, according to Soon-Shiong. The new owners decided that the extra $12 million annual expenses would be better spent on creating a more modern workplace instead. The new campus on El Segundo would serve as a home where they can stay for another century, instead of staying in a building which they have to lease.

The money that would have been spent on the lease will also be used in other ways to benefit the newspaper. More journalists will be hired. The technology in the newsroom will be greatly enhanced. The new home of the Times will be more contemporary, with modern amenities and free parking.

The New Campus

The LA Time’s new home is on a property measuring about 4.5 acres and will include an 8-floor building offering 120,000 square feet of space. The first floor of the building will also accommodate the museum gallery featuring the long 136-year history of the publication. The first floor will also contain space for retail stores and events.

Construction of the new campus is currently ongoing at a frenetic pace in order to meet the looming deadline. According to Soon-Shiong, the work is 24/7 constant and it includes work during the night.

The design of the space will be decided by a team led by Soon-Shiong’s wife Michele. A couple of local architecture firms, CO Architects and Tichenor & Thorp, have been hired to do the buildout.

Soon-Shiong bought the publication for half a billion dollars, and the final steps of the process had just concluded at the end of April 2018. After 18 years of ownership by residents of Chicago, the LA Times will once again be owned by local LA residents.

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
×
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.