California

US social games maker Zynga lays off 314 employees

San Francisco, California-based social games services provider Zynga Inc is laying off around 314 employees, or 15% of its workforce, as part of a cost reduction strategy to generate between $33 million to $35 million in savings for 2014.

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Center for Health Program Management, funding partners awards $1.6M in grant funding to four counties for juvenile justice reform implementation

The Center for Health Program Management and its funding partners which include Sierra Health Foundation, The California Endowment and The California Wellness Foundation gave a grant of $1.6 million to four counties to support the Positive Youth Justice Initiative.

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American finance app Mint integrates with Coinbase for faster bitcoin and finance tracking

Mountain View, California-based personal finance app Mint is integrating with San Francisco-based bitcoin wallet service Coinbase to help clients track their bitcoins along with their other financial accounts.

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Regulator seeks to close down coding bootcamps in California

Several coding bootcamps in California are facing an imminent shutdown after receiving a warning from the Bureau for Private Postsecondary Education (BPPE) to start complying with licensing regulations within two weeks.

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New York's Viggle snaps up rival social TV startup Dijit Media

New York, US-based social TV startup Viggle snapped up San Francisco, California-based rival Dijit Media for an undisclosed sum to acquire and incorporate the latter's NextGuide and reminder button features into its own offerings.

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HomeHero launches caregiver marketplace for aging adults in California

Los Angeles, California-based caregiver marketplace HomeHero launched its website that aims to connect aging adults with pre-screened caregivers and provide families with an easier way to communicate with and monitor hired caregivers.

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Yahoo closes Tomfoolery acquisition, will shut down Anchor app

Yahoo has closed the acquisition of San Francisco, California-based enterprise app studio Tomfoolery, and will be shutting down the latter's Anchor app, according to a source familiar with the deal.

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US advertising company Federated Media sells content marketing arm to LIN Media

San Francisco, US-based advertising firm Federated Media sold its content marketing arm to Rhode Island-based multimedia company LIN Media for an undisclosed amount to focus on programmatic advertising.

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Yahoo in talks to acquire San Francisco enterprise app studio Tomfoolery for $16M -sources

Internet giant Yahoo is reportedly in advanced talks to purchase San Francisco, California-based enterprise app studio Tomfoolery in a deal valued at $16 million, according to different sources.

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Kennedy-Wilson purchases retail assets and land in L.A. for $30M

New York, US-based real estate services and investment firm Kennedy-Wilson Holdings Inc purchased Victory Plaza retail center and its neighboring 2.4-acre land in Los Angeles, California for a total of $30 million in debt.

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California-based virtual gaming startup Cloud Party to close down after being acquired by Yahoo

After two years of operation, California, US-based virtual gaming startup Cloud Party has been acquired by Yahoo for an undisclosed amount and will shut down on February 21, 2014.

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Danville Materials receives $8.5M investment from North Carolina's Triangle Capital

San Ramon, California-based dental equipment designer and manufacturer Danville Materials LLC received an $8.5 million investment from North Carolina-based investment firm Triangle Capital Corp LLC.

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US-based accelerator Singularity University to launch $50M venture fund to tackle world problems

California, US-based education center and accelerator Singularity Universtity (SU) will launch a $50-million venture fund later this year for robotics, biotech, and nanotech firms formedy by SU students and faculty.

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California's Frontleaf raises $450K to find out what keeps software customers happy

Oakland, California-based customer intelligence pipeline raised $450,000 in a funding round last month from Alchemist Accelerator and angel investors to spy on software customers and find out what keeps them happy.

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California' ServiceSource acquires Scout Analytics in $32M deal

San Francisco, California-based recurring revenue management software provider ServiceSource acquired Seattle-based predictive analytics firm Scout Analytics in a deal valued at $32 million in cash.

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