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CityGrid Media Buys BuzzLabs

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West Hollywood-based CityGrid Media , the unit of IAC formerly known as CitySearch, said today that it has acquired BuzzLabs , a social media monitoring and sentiment analysis software developer. The company explained that it would be integrating BuzzLabs' technology into its platform over the next three to six months.

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Yammer Bails On Los Angeles, Heading To Silicon Valley

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West Hollywood-based Yammer , the corporate microblogging site inspired by Twitter, is moving from the Los Angeles area to Silicon Valley, according to founder David Sacks. Sacks said that Geni, which spun out Yammer, remains in West Hollywood. Sacks said that Geni, which spun out Yammer, remains in West Hollywood.

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StartEngine Powers $250M ICO For Overstock.com's tZERO

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West Hollywood-based equity crowdfunding site StartEngine says it is powering a $250M, "initial coin offering" (ICO) for Overstock.com and its t0.com, StartEngine said the ICO is the first regulated ICO on its platform. tZERO) subsidiary. According to StartEngine, tZERO is raising $250M in its ICO. READ MORE>>.