"Snapchat has given drug dealers an organic ecommerce platform."
Dozens of parents marched Friday to the front of Snap's headquarters in Santa Monica to protest the role they feel Snapchat played in the deaths of their children. Reporter Sam Blake was there to talk with them about their frustration with the app, and where they see solutions.
Disney Chairman Bob Iger sells shares worth nearly $100 million.
Facebook suspends Donald Trump for two years.
Paramount Plus gets exclusive streaming rights to the Asian Football Confederation's games.
L.A.-based Boingo Wireless gets acquired by Digital Colony.
William Ackman SPAC reportedly nears a $40 billion deal with Universal Music.
SoftBank-backed construction startup Katerra will shut down.
Warner Music Group strikes a partnership with music tech company Songclip.
Scientists develop a method to recycle plastic bottles into aviation fuel.
Tinder will let users block people based on their phone number.
An Ecommerce Platform for Fentanyl?
At a protest at Snap's headquarters Friday, parents shared a similar, sad story: Their kids used the social media app to connect with drug dealers, from whom they sought to purchase prescription pills like Oxycontin and Percocet. Instead, they received fentanyl, a highly potent synthetic opioid that killed them.
Songtradr CEO Hints at New Products After a Big Acquisition
Songtradr's acquisition of creative music agency MassiveMusic — its fifth acquisition in two years — marks the latest step in the Santa Monica startup's quest to become the leading B2B music licensing marketplace.
Ready, Set, Food! Raises a New Round
The Encino-based startup, which makes meals it says can help prevent food allergies in infants, closed a $3.5 million seed round this week, on the heels of newly released guidance on when children should be introduced to potentially allergenic foods.
A Dating App Born on LA Campuses Moves Into Audio
L.A.-based dating app Matter is revamping its platform to capture the happy hour experience with audio. The app will soon include a speed-dating feature, allowing users to connect over a two-minute call to determine if they want to match.
LA Venture: Meet Watertower Ventures' Jeremy Milken
Jeremy Milken sits down with the L.A. Venture podcast to talk about his entrepreneurial journey, the ups and downs he's faced as a founder on the road to Watertower and why he feels it's best for him to not work with the Milken Institute.