Technology

TECHNOLOGY NEWS

Vice Media lays off about 60 staffers as it refocuses on video

Vice Media laid off about 60 employees Friday in what the edgy news outlet described as a way to place a greater emphasis on video. The layoffs — which affect multiple departments and represent a 2% cut of Vice’s roughly 3,000 employees — come a month after Vice announced it had secured $450 million...

L.A. TECH

MORE FROM TECHNOLOGY

  • Trump administration delays program that lets immigrant entrepreneurs into the U.S.

    Trump administration delays program that lets immigrant entrepreneurs into the U.S.

    The United States is pulling back the welcome mat for foreign entrepreneurs. In a move that drew criticism from the technology industry, the Trump administration delayed the rollout of the International Entrepreneur Rule, a piece of immigration policy set to take effect July 17 that would have...

  • Snap shares fall below IPO price for the first time

    Snap shares fall below IPO price for the first time

    Shares of Los Angeles technology company Snap Inc. on Monday dipped below the original price at which they were sold when the company went public in March. Snap shares traded as low as $16.95 before closing at $16.99, down about 1.1%. The company went public at $17. Falling below an IPO price for...

  • Tesla wants to develop its own music service

    Tesla wants to develop its own music service

    It may not be enough for the electric car company Tesla to take on the giants of Detroit, like General Motors and Ford. The Palo Alto-based automaker is said to be exploring its very own music streaming service too, a move that would pit the company against market leader Spotify, and the aggressive...

  • This year's hot graduation gift: Snapchat geofilters

    This year's hot graduation gift: Snapchat geofilters

    In the year since Snapchat began welcoming geofilters, paid submissions have increased to tens of thousands per day. Last month, graduations made up 15% of such sales.

  • Uber employees petition for former CEO Travis Kalanick's return

    Uber employees petition for former CEO Travis Kalanick's return

    The majority of Uber’s investors may have wanted its co-founder and chief executive, Travis Kalanick, out, but some employees of the ride-hailing company are already calling for his return. In a petition that began circulating within Uber on Wednesday, employees called for Uber’s board of directors...

  • Tesla explores setting up a factory in China

    Tesla explores setting up a factory in China

    Tesla Inc. is working with the city of Shanghai to “explore the possibility” of opening a factory in the area, the maker of electric cars confirmed Thursday. Sales in China generate a hefty chunk of Tesla’s revenue, and moving some manufacturing near those buyers would slash some costs. “While...

  • Snap acquires French start-up Zenly for location-sharing app

    Snap acquires French start-up Zenly for location-sharing app

    A pricey acquisition last month appears to have helped Snapchat maker Snap Inc. bolster its newest feature just before launch. The Los Angeles tech company committed around $300 million in cash and stock to a French start-up that had developed a mapping app that shows people the precise locations...

EDITION: California | U.S. & World
68°