Tag: Augmented reality

This Long Beach Production Studio’s Bet on the Metaverse Just Paid Off

Thunder Studios bet big on the metaverse—and it’s now paying off.The Long Beach-based production studio and Infinite Reality, the metaverse platform in which it was the lead investor, were acquired this week by Display Social, a social media network t…

January 14, 2022
Snap Stock Plummets More Than 25% After Missing Q3 Earnings Expectations

Snap Inc. shares plunged in after hours trading as much as 27% on Thursday after missing Wall Street revenue expectations. CEO Evan Spiegel blamed the miss on Apple’s new privacy policies that disrupted the company’s targeted digital advertising. Snap…

October 21, 2021
Meet the LA Startup Houses Building Companies Through Co-Living and Creative Energy

Taking their lead from social media entrepreneurs who are creating content from mansions, a new breed of startup incubators and collectives are cropping up across Los Angeles. Their programs were built largely by young entrepreneurs trying to bridge t…

October 7, 2021
Moonshots Capital Raises a New Fund Aimed at Founders Who’ve ‘Been Through the Ringer’

There aren’t many venture capitalists that can say they have spent time talking leadership with a U.S. president, but Kelly Perdew can.Perdew — who runs seed-stage firm Moonshots Capital with partner and fellow military veteran Craig Cummings — won th…

July 21, 2021
Red 6’s AR Military Training System Has Pilots Evaluating ‘Synthetic’ Aerial Threats

Santa Monica-based Red 6 pitches its technology as the new way to train military pilots through augmented reality. “Real pilots in real airplanes can go up in the sky and look through the helmet visor system we’ve created,” said founder and CEO Daniel…

June 1, 2021