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AOL stock rises with $400 million tender offer for company shares
Shares of AOL rose 2 percent early Thursday after the company launched a $400 million tender offer to repurchase its shares. Under the "Dutch auction" tender offer, AOL will buy back shares for $27-$30 each.
Blue Jeans Network raises $25m for video conferencing
New Enterprise Associates (NEA) said it has led a new $25 million round of funding for Blue Jeans Network, a Silicon Valley-based provider of interoperable video conferencing services.
Aviary closes $6m from Amazon's Bezos, Spark and others
Photo editing platform Aviary revealed it has closed a $6 million round of funding from Spark Capital, Jeff Bezos’ Bezos Expeditions, and strategic investors the company said it didn’t want to announce just yet.
Bricault: "passionate about trying to shine a spotlight on L.A."
Paul Bricault, who among many other things is managing director of accelerator Amplify.la, gives his perspective a member of the Los Angeles Mayor’s Council on Innovation and Industry.
Chill closes $8m for social to personalize video discovery
Social video discovery platform Chill has secured $8 million in a round led by KPCB and William Morris Endeavor, which will help it develop and to grow beyond its 18 million registered users.
L.A.'s "innovation economy" spotlighted by Mayor's new council
Mayor Antonio Villaraigosa today formally launched the Los Angeles Mayor’s Council on Innovation and Industry (LAMCII), a new initiative designed to spotlight what he called the city's "innovation economy."
Eligible for an NEA Media Arts grant? Submission period opens
The National Endowment for the Arts is accepting applications for Media Arts grants, an opportunity that ends August 9.
Mobile Posse lands $5 million for home screen messaging
Mobile Posse, a provider of mobile home screen messaging services, has raised $5 million in its third round of funding, led by new investor Harbert Venture Partners.
Taboola closes $10m for video recommendations
Video recommendation provider Taboola today announced it has completed a $10 million Series C round of funding led by Marker LLC.
Visual IQ raises $12 million for marketing intelligence
Visual IQ, a provider of marketing intelligence software, has raised $12 million in a round of venture capital, which was led by Volition Capital and Fog City Capital.
