Silicon Beach Report Oct. 22: iHeartMedia Plans Podcast Awards

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Boring Co. test tunnel nears completion; Lime decides on physical outpost; iHeartMedia to honor podcasts in 2019

iHeartMedia Announces Podcast Awards

The first iHeartRadio Podcast Awards will be held by iHeartMedia Inc. for a live audience at the iHeartRadio Theater in Burbank Jan. 18. The Hollywood Reporter notes the podcasts nominated for awards included Chicago Public Media’s “Serial” and “The Daily” from the New York Times. One of iHeart’s most recent podcast acquisitions, “Stuff You Should Know” is also up for an award.

Dockless Lime Decides on Physical Hub

Neutron Holdings Inc.’s Lime scooters will soon have a store-front location to call home. Though Lime rose to over a $450 million valuation as part of the dockless e-scooter trend, it now plans to open a Santa Monica store focused on the “lifestyle brand experience.” Riders can rent scooters from the storefront, which will also host events, according to TechCrunch, which reported a job listing for a Lime store manager advertised on Glassdoor.

Boring Co. Tunnel Nears Completion

Elon Musk’s Hawthorne-based Boring Co. plans to unveil a prototype tunnel to the public on Dec. 10, Socaltech reports. Musk’s proposed tunneling system underneath Los Angeles would theoretically reduce traffic and increase transportation speeds, and the prototype tunnel running underneath Hawthorne streets is designed to test that feasibility. Currently, the test tunnel starts under the Space Exploration Technologies Corp. headquarters and ends at a garage roughly two miles away.

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