"The numbers look crazy recently."
TikTok competitor Triller has been booming lately, adding 120 million total downloads and 60 million monthly active users. The company is using the momentum to seek $250 million more, which would put its valuation over $1 billion. Entertainment reporter Sam Blake talks with executives about their future plans.
Facebook launches music videos in the U.S.
HBCUvc and PledgeLA offer $5,000 grants to founders from historically Black colleges and universities.
Spotify's CEO has some choice words for musicians who complain about streaming revenue.
TikTok is hosting a virtual concert on Wave's augment reality streaming platform.
We'll be talking to the president of the new L.A. women's soccer team, Angel City, as well as the L.A. Rams' COO for our next strategy session on the future of sports. Join us!
The Case for Triller
The short-form, user-generated video sharing is gaining ground lately thanks to increased usage during the pandemic and TikTok's troubles. Read more >>
Today in Bizarre TikTok News
President Trump reportedly plans to sign an order requiring Chinese internet company ByteDance to sell TikTok. Meanwhile, Microsoft is rumored to be considering acquiring the popular U.S.-based app. Read more updates >>
Sexual Wellness Startup Loom Raises $3 Million
Loom started off in a Los Angeles storefront along Pico Boulevard offering education and events around women's health issues. It soon plans to launch an education platform. Read more >>
Watch Our Video Recap on This Week's Startup News
The L.A. tech and startup community was active as ever this week. dot.LA chief host and correspondent Kelly O'Grady takes you through the key stories. Watch here >>
* You Can Now Order Dodger Stadium Food Straight to Your Couch
* Vehicle Maker Karma Seeks to Go Public Amidst Electric Car Frenzy
* Can Niche Streaming Services Survive?
* TikTok Announces Creator Fund & Increased Transparency
* Density Raises $51M to Aid Social Distancing
Our Next Strategy Session is on the Future of Sports
Angel City's Julie Uhrman and the Los Angeles Rams' Kevin Demoff will join senior finance reporter Ben Bergman to talk about the future of sports during and after the coronavirus pandemic. Read more and register here!