LA Tech Updates: Peacock Hits 10 Million Users; TikTok's $2 Billion Creator Fund Goes After Instagram, Youtube

Francesca Billington

Francesca Billington is a freelance reporter. Prior to that, she was a general assignment reporter for dot.LA and has also reported for KCRW, the Santa Monica Daily Press and local publications in New Jersey. She graduated from Princeton in 2019 with a degree in anthropology.

LA Tech Updates: Peacock Hits 10 Million Users; TikTok's $2 Billion Creator Fund Goes After Instagram, Youtube

Here are the latest updates on news affecting Los Angeles' startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for more.

Today:

  • Peacock Hits 10 Million Users
  • TikTok Promises $2 Billion for Creators Over 3 Years as Rivalry with Facebook Heats Up

        Peacock hits 10 million users 

        Peacock Will Be Available on Google and Android Devices in JulyNBCUniversal

        NBCUniversal's new streaming service Peacock has hit 10 million users three months after its debut. The figure represents both new members who joined since July 15 when it launched for the general public and users who signed up in April when the platform opened exclusively to Comcast play TV customers.

        NBCUniversal is the latest to join the so-called streaming wars. Unlike some competitors, Peacock offers a free tier subscription for members to watch most content with ads. Last week, it rolled out a "Roll to Tokyo" channel dedicated to the 2021 Summer Olympics as one way to attract subscribers.

        Comcast Corp. reported the figures on Thursday during their second quarter earnings and it was a bright spot for the company.

        "Across the board, we're better than expectations," NBCUniversal CEO Jeff Shell told investors during their call. "We didn't expect this many sign-ups, we didn't expect people to come back as frequently as they're coming back and we didn't expect people to watch as long as they're watching once they come back."

        Executives have said their goal is to gain 30 million to 35 million users and $2.5 billion in revenue by 2024.

        TikTok Promises $2 Billion for Creators Over 3 Years as Rivalry with Facebook Heats Up

        TikTok announced it'll pay creators almost $2 billion over the next three years to support their careers online, a move that marks territory as rival Instagram's prepares to join the space with its service Reels.

        The Culver City-based company launched the TikTok Creator Fund last week to "encourage those who dream of using their voices and creativity to spark inspiration careers," TikTok General Manager Vanessa Pappas wrote in a blog post.

        The fund, which was originally set at $200 million before Thursday's update, will start accepting applications from U.S. creators in August.

        It's a signal that CEO Kevin Mayer has ratcheted up their efforts to take on competitors like YouTube and Instagram. On Wednesday he called Reels by Instagram, a Facebook owned company, a "copycat product."


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        LA Tech Week 2025: Sunday’s Event Lineup

        Here's the Sunday, October 19th lineup for LA Tech Week 2025, organized by location so you can easily explore events that fit your goals and schedule. Dive in and see what’s happening near you!

        ARTS DISTRICT

        3:00 PM

        BEL AIR

        3:00 PM – 7:00 PM

        BURBANK

        6:30 PM – 9:30 PM

        CULVER CITY

        9:00 AM – 5:00 PM

        4:30 PM – 7:30 PM

        INGLEWOOD

        10:00 AM – 2:00 PM

        • Spinovation: The Future Is Femme, The Future is Frequency: See Details Here
          Sonder Impact, Black Women Spin, Sip & Sonder

        KOREATOWN

        12:00 PM – 3:00 PM

        MARINA DEL REY

        12:00 PM

        • Sunday Tech Brunch
          Sawubona

        MID CITY

        9:00 AM – 11:00 AM

        • Women in Cleantech Hike and Network: See Details Here
          Women in Cleantech and Sustainability

        SANTA MONICA

        9:00 AM

        10:00 AM

        3:45 PM

        4:00 PM – 7:30 PM

        • OFF THE HOOK Santa Monica Seafood Festival: See Details Here
          Spin PR Group, City of Santa Monica, Tech St.

        6:00 PM

        7:00 PM

        • Pritam: A Musical Legend - Live in Concert: See Details Here
          American South Asian Network

        7:00 PM

        • Building AI workflow editor in React with Workflow Builder SDK: See Details Here
          Workflow Builder

        7:00 PM

        8:00 PM

        • Unlock Apple's Corporate Advantage for your Startup!: See Details Here
          iStore by St. Moritz

        TOPANGA CANYON

        3:00 PM

        • Dreamore Hike and Picnic: LA Tech Week: *Invite Only*
          Dreamore

        VENICE

        10:00 AM – 12:00 PM

        • Coffee, Walk, and Schmooze: See Details Here
          JFE (Jews For Entrepreneurship) Network

        VIRTUAL (LA)

        10:00 AM

        • Level Up with LinkedIn: A Student’s Guide to Networking & Opportunities (Virtual Event): See Details Here
          FIMAC

        10:00 AM

        WEST ADAMS

        1:00 PM – 3:00 PM

        For updates or more event information, visit the official Tech Week calendar.

        Enjoy LA Tech Week 2025!

        Download the dot.LA App


        LA Tech Week 2025: Saturday’s Event Lineup

        Here's the Saturday, October 18th lineup for LA Tech Week 2025, organized by location so you can easily explore events that fit your goals and schedule. Dive in and see what’s happening near you!

        BEVERLY HILLS

        2:00 PM

        CENTURY CITY

        7:00 PM – 10:00 PM

        CULVER CITY

        9:00 AM – 5:00 PM

        10:00 AM – 11:30 AM

        1:00 PM

        DTLA

        7:00 PM

        • {MiniMax x Nakid x SkyPortalx}: TECH/MOTION/MUSIC/ART: See Details Here
          MiniMax (Hailuo AI)

        10:00 PM – 2:00 AM

        EL SEGUNDO

        10:00 AM

        • Venture on the Green: *Invite Only*
          BLCK VC

        4:00 PM

        INGLEWOOD

        7:00 PM

        • Valar Atomics, Durin and Discipulus Ventures - Night With A Nuclear Reactor: See Details Here
          Valar Atomics, Durin, Discipulus Ventures

        MARINA DEL REY

        8:30 AM

        12:00 PM – 3:00 PM

        5:00 PM

        • LOST iN Sunset Sail: Navigating the Tides of the Creator Economy & Media: See Details Here
          LOST iN

        PASADENA

        9:00 AM

        PLAYA VISTA

        2:00 PM – 4:00 PM

        SANTA MONICA

        7:00 AM

        9:00 AM

        • Pedal & Network: Tech Cyclists @ LA Tech Week 🚵: See Details Here
          Instafill.ai

        9:30 AM

        • Getty Center Guided Tour & (Optional) Photography Scavenger Hunt: See Details Here
          NEW MOON Impact Productions

        10:30 AM – 11:30 AM

        11:00 AM – 2:15 PM

        12:00 PM – 5:00 PM

        1:00 PM – 5:00 PM

        1:30 PM

        • Self-Defense in Court and the Streets: See Details Here
          Santa Monica Striking, Luri Inc.

        2:00 PM

        • SMARTUP 500: THE FIRST AT TECH WEEK LA - Launching the world’s first Startup Ranking: See Details Here
          Smart Times

        2:00 PM

        • NLPs (No Lame Panels) The Creator X Founder Rooftop Party: See Details Here
          Startup Village, Sanctuary

        3:00 PM – 4:00 PM

        4:00 PM – 6:30 PM

        • Just Do It?: Helping Founders Perform Like Olympians: See Details Here
          Elite Psychology Group

        5:00 PM

        6:00 PM

        6:00 PM – 9:00 PM

        6:00 PM

        6:00 PM – 9:00 PM

        • The Future of Hospitality: Poetry, Provenance & Passports: See Details Here
          Villa Kitchen, Airble, We Speak Dance, Techstars San Francisco

        7:00 PM

        • 🚀 Investor x Founder Open Mic Pitches: See Details Here
          Feathr, Los Angeles Fun Events

        7:00 PM

        • Life is a Pitch - LA Edition: *Invite Only*
          DeepMyst

        TOPANGA CANYON

        5:00 PM – 8:30 PM

        • Walk&Jam: Use AI to make art while hiking Topanga Canyon: See Details Here
          Formhaus llc, Wonderland Immersive Design

        TORRANCE

        1:00 PM – 4:00 PM

        • Crunches & Conversations Presented by The Differentials and KIS Training Studios: See Details Here
          The Differentials, KIS Training Studios

        VENICE

        1:00 PM – 4:30 PM

        • Beyond the Language Barrier: Exploring AI's Next Frontier: See Details Here
          Medusa AI

        VENICE BEACH

        8:00 AM – 12:00 PM

        • SŨRFED Club @ Venice Beach: Founders, Creators, Investors share the waves: See Details Here
          SŨRFED Club, Go Vitamins

        WEST ADAMS

        9:30 AM – 10:45 AM

        • Funders Shaping Democracy, AI & Media: See Details Here
          New Media Ventures, New Rising Ventures

        WEST HOLLYWOOD

        4:00 PM

        6:00 PM – 8:00 PM

        9:30 PM

        • Vibe Check Comedy Show, Tech Week Edition! @ Hollywood Improv: See Details Here
          Vibe Check Comedy

        For updates or more event information, visit the official Tech Week calendar.

        Enjoy LA Tech Week 2025!

        Download the dot.LA App


        LA Tech Week 2025: Friday’s Event Lineup

        Here's the Friday, October 17th lineup for LA Tech Week 2025, organized by location so you can easily explore events that fit your goals and schedule. Dive in and see what’s happening near you!

        ARTS DISTRICT

        8:30 AM – 12:00 PM

        • Power Day: Ideas, Pitches, Connections: See Details Here
          Los Angeles Cleantech Incubator (LACI)

        6:00 PM

        • WEB3 GAMING IS DEAD - Happy Hour: See Details Here
          Plassa Capital, Yee-Haw Monster Trucks

        BEVERLY HILLS

        10:00 AM – 11:00 AM

        1:00 PM – 2:00 PM

        2:00 PM – 3:00 PM

        3:00 PM – 4:00 PM

        4:00 PM

        6:00 PM – 9:00 PM

        • So you went viral, Now what? (pt II): See Details Here
          Verci, Study Fetch, TechSpace

        8:00 PM

        • Private Pool: GP x LP x FO: *Invite Only*
          Visionlist Commons , Bay Area Innovest

        BRENTWOOD

        8:00 AM

        • Founders & Investors Hike: See Details Here
          Salehpour Legal, Technology Founders of America

        CARSON

        11:45 AM

        • Lightspeed x SVB Porsche Experience: *Invite Only*
          Lightspeed Venture Partners, SVB

        CULVER CITY

        8:00 AM – 6:00 PM

        11:00 AM

        1:00 PM

        • Surf Parks & Wave Pools: From Doja Cat to Mark Zuckerberg: See Details Here
          Surflytics

        8:00 PM – 12:00 AM

        EL SEGUNDO

        11:30 AM – 2:00 PM

        5:00 PM – 8:00 PM

        HOLLYWOOD

        10:00 AM

        • AI, Revenue, and Reality: How Fortune 500s Work With Startups That Ship: See Details Here
          Sunrise AI, OpenTable

        12:00 PM – 2:00 PM

        • Unplugged: LA Tech Week Recharge Experience with TAY × Checked Out: See Details Here
          TAY Fitness, Checked Out

        9:00 PM

        INGLEWOOD

        8:00 AM

        • TCSI Presents: Caffeine & Connections: See Details Here
          The Cyber Security Intellects Nonprofit

        LONG BEACH

        7:00 AM

        MALIBU

        10:00 AM

        • Great Leaders Podcast & Profiles: See Details Here
          NEW MOON Impact Productions, Origin Studios

        12:30 PM

        MARINA DEL REY

        9:00 AM

        • Keeping Your Freedom as a Founder: Real Talk on Funding: See Details Here
          Lighter Capital

        10:00 AM – 1:00 PM

        • D-Wave Research Day & Hackathon!: See Details Here
          USC Information Sciences Institute, D-Wave

        4:00 PM – 6:00 PM

        • The Sky is Not the Limit: All About Aerospace: See Details Here
          Sunstone Management, USC Viterbi Startup Garage

        PASADENA

        10:00 AM – 1:00 PM

        11:30 AM – 1:30 PM

        • Deep Tech Entrepreneurship Pillars of Pasadena Tech: See Details Here
          Innovate Pasadena, Pasadena SBDC, City of Pasadena

        PLAYA VISTA

        9:00 AM

        12:00 PM – 2:00 PM

        • Vision to Venture - AI Media Showcase powered by Google AI: See Details Here
          Google

        SANTA MONICA

        7:00 AM – 8:30 AM

        • Signal Run : RTC x Wildwood VC: See Details Here
          Run Tech Club, Wildwood Ventures

        7:30 AM

        8:45 AM – 10:45 AM

        9:00 AM – 11:00 AM

        • Slash Burn Rates & Scale Your Startup: See Details Here
          Arizona Commerce Authority (ACA)

        9:00 AM

        • Driving a Digital Ecology Relay: What is at Stake: See Details Here
          The PORT GLOBAL, GLOBAL PORTAL INSTITUTE

        9:30 AM – 11:30 AM

        10:00 AM – 1:00 PM

        • The Enduring Value of Inclusive Capital: See Details Here
          Founders Registry. Nervana

        10:00 AM – 12:00 PM

        10:30 AM

        11:30 AM – 1:00 PM

        • Advisors to Investors Lunch: Venture Capital for enterprise leaders: See Details Here
          Collinear Capital, Worlds

        12:00 PM

        • Powerhouse Capital & a16z speedrun Investor Lunch Mixer: See Details Here
          Powerhouse Capital, a16z, speedrun

        2:00 PM

        • Where Robotics Meets Heart - Embedding Family Values in a Future with AI: See Details Here
          Trove, Puerto Rico Blockchain Association, MindfulBytes

        2:00 PM

        3:00 PM

        3:00 PM

        3:00 PM

        • Workshop: Create An Enterprise Chatbot and Unlock the 70% of Data Data You’re Not Using: See Details Here
          Aparavi

        4:00 PM

        5:00 PM – 10:00 PM

        5:30 PM

        5:30 PM – 9:30 PM

        6:00 PM – 8:30 PM

        • USC Alumni Founders & Investors: See Details Here
          USC Alumni Entrepreneurship Network, Techstars

        6:00 PM

        • Social Currency Series/Greenlit presents PitchPop: See Details Here
          Social Currency Series, Greenlit

        6:00 PM – 9:00 PM

        6:30 PM

        6:30 PM – 10:00 PM

        6:30 PM

        • Lets get the LA Bioeconomy brewing: See Details Here
          Founders, Friends & Fermentation, Saku Biosciences

        7:00 PM – 11:30 PM

        7:00 PM – 10:00 PM

        7:00 PM – 10:00 PM

        7:00 PM

        7:00 PM

        • Liquid Equity 2: The Premiere Gathering for Founders, Creator
          Coeus Collective

        7:00 PM

        7:00 PM

        • For the Love of Tech | Speed Dating for Tech Professionals: See Details Here
          Feathr, Los Angeles Fun Events

        7:00 PM

        SOUTH LA

        3:00 PM

        TORRANCE

        9:00 AM – 11:00 AM

        • The Future of Space & Security Panel: See Details Here
          Northwood Space, Anduril Industries, Impulse Space, Astranis

        VENICE

        9:00 AM – 10:45 AM

        9:00 AM – 11:30 AM

        11:00 AM

        11:30 AM – 2:30 PM

        12:30 PM

        • Creative Partners: Human + AI Storytelling: See Details Here
          Othelia, Primordial Soup

        2:00 PM – 3:45 PM

        5:00 PM

        • EarthHouse: Critical Minerals, Mobility & Modern Power: See Details Here
          The Strategye Group, Alpha Sierra One

        6:00 PM – 9:00 PM

        6:00 PM

        • Pizza+Soda: *Invite Only*
          Schmoozd , The KINN

        7:00 PM

        VENICE BEACH

        2:00 PM – 6:30 PM

        5:00 PM

        8:30 PM – 2:00 AM

        VIRTUAL (LA)

        2:30 PM – 4:00 PM

        3:00 PM

        • Government of Alberta: ProcurementAsCode // Done in 60 Seconds: See Details Here
          Government of Alberta

        4:00 PM

        • Stop Hitting Yourself 🥊: See Details Here
          Stop Hitting Yourself, HOWDY, Company Policy, Snowbird Global

        WEST HOLLYWOOD

        3:00 PM – 6:00 PM

        6:00 PM

        WESTSIDE

        5:00 PM

        5:30 PM – 8:30 PM


        For updates or more event information, visit the official Tech Week calendar.

        Enjoy LA Tech Week 2025!

        Download the dot.LA App


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