Los Angeles

Tim Draper’s Los Angeles-based blockchain-focused venture studio adds a venture partner

The Los Angeles-based venture capital studio focused on blockchain and fintech startups, which longtime venture investor Tim Draper now calls home, has added a new venture partner to its team. Draper

Los Angeles-based Ficto launches its Quibi competitor — with Niantic as a content partner

Consumers now have their first chance to sample the wares of a short-form streaming service — and it’s not Quibi. Ficto, a streaming service (without a paywall) offering interactive dramas

Social Bluebook was hacked, exposing 217,000 influencers’ accounts

A social media platform used to match advertisers with thousands of influencers has been hacked. Social Bluebook, a Los Angeles-based company, allows advertisers to pay social media “influencers

Private tech companies mobilize to address shortages for medical supplies, masks and sanitizer

Startups across the nation and around the world are looking for ways to relieve shortages of much-needed personal protective equipment and sanitizers used to halt the spread of COVID-19. While some of

500 Startups moves to rolling admissions instead of cohorts

500 Startups is scrapping its cohort model for accelerating companies and moving to a rolling admissions process, the accelerator said during its latest demo day. One of the progenitors of the acceler

News-reading app Flipboard expands local coverage, including coronavirus updates, to 12 more US metros

Earlier this year, personalized news aggregation app Flipboard expanded into local news. The feature brought local news, sports, real estate, weather, transportation news and more to 23 cities across

Rocket Lab postpones next mission due to coronavirus pandemic

Rocket Lab is the latest new space company to feel the impact of the global coronavirus pandemic: The small satellite launcher announced on Tuesday that it would be suspending its next launch, a missi

Volvo’s Polestar begins production of the all-electric Polestar 2 in China

Polestar has started production of its all-electric Polestar 2 vehicle at a plant in China amid the COVID-19 pandemic that has upended the automotive industry and triggered a wave of factory closures

TikTok donates $3M to Arnold Schwarzenegger’s charity feeding kids affected by school closures

The social media giant TikTok said that it would donate $3 million to After-School All-Stars, a charity founded by actor and former California Governor Arnold Schwarzenegger, to feed families whose fo

Wheels pauses shared bikes service to try to limit spread of COVID-19

In light of growing concerns around COVID-19, Wheels has decided to pause its pedal-less e-bike operations until the end of March, the company announced today. “After weighing the pros and cons,

Wondering if venture capital is open for business? A new initiative has investors saying yes

A new initiative from a Los Angeles investor is taking stock of venture firms and their ability to commit capital in an effort to match firms that are still open for business and cutting checks to sta

Uber Eats waives delivery fees for independent restaurants during COVID-19 pandemic

Uber Eats said Monday it will waive delivery fees for all orders from independently owned restaurants on the app as the COVID-19 pandemic continues to spread and causes cities to shutter all non-essen

White House and House Democrats agree to funding package for paid sick leave, funding for tests

Late Friday night, after nearly two full days of negotiations, the House of Representatives is finally set to pass a bipartisan plan to provide sweeping new benefits to workers and businesses affected

Airlines start canceling more flights from Europe as new restrictions go into effect

With the White House’s surprise decision to bar foreign nationals from Europe from entering the United States, the already battered airline industry is facing yet another challenge. Unsurprising

Pragma is a back-end toolkit for gaming companies, so game developers can focus on games

These days, most of the games developed need to be social, multi-platform and extensible, but there are only a few developers with the expertise to bring those toolsets to the profusion of new games t

New York Auto Show delayed until August over coronavirus concerns

Organizers of the 2020 New York International Auto Show have postponed the event until August due to concerns about the COVID-19 outbreak. The New York Auto Show, which is organized by the Greater New

Cadillac cancels debut of all-electric Lyriq over COVID-19 concerns

Cadillac has cancelled the upcoming debut of the Lyriq, an all-electric mid-sized SUV designed to be an entry point into luxury brand’s new EV lineup, over concerns about the COVID-19 outbreak.

Grindr sold by Chinese owner after US raised national security concerns

Chinese gaming giant Beijing Kunlun has agreed to sell popular gay dating app Grindr for about $608 million, ending a tumultuous four years under Chinese ownership. Reuters reports that the Chinese co

Bird launches Scoot Mopeds in Austin

The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. The new moped is the latest

Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools

It turns out the virtual and augmented reality companies aren’t dead — as long as they focus on the enterprise. That’s what the Los Angeles-based extended reality technology develope
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