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Trade Desk Chief Strategy Officer Steps Down

socalTECH

Los Angeles-based advertising technology developer The Trade Desk says that its Chief Strategy Officer, Brian Stempeck, will step down from the firm on September 1st. e originally founded and ran the company's New York office, before moving to Los Angeles in 2018. READ MORE>>.

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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. For example, Bird had gross margins that were negative in 2018, 2019 and 2020. This year, the company expects — looking at predictions that included results through Q2 2021 — to post positive gross margins.

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Riot Games Buys Hypixel Studios

socalTECH

Los Angeles-based Riot Games , which publishes League of Legends, said on Thursday that it has acquired Hypixel Studios , the developer of Hytale , a block-based game which combines a Minecraft-like environment with roleplaying elements. Hypixel Studios was founded in 2018, and was angel backed, including investors from Riot Games.

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Honey Acquired By PayPal For $4 Billion

socalTECH

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

In 2018, co-founders Schuyler Deerman and James Chan started selling healthy meals at WeWork offices around Los Angeles out of giant Yeti coolers, standing around the kitchens during lunch time. “At At the time, Positive Food had its meals in 70 coffee shops around Los Angeles. Positive Food Co., Then the COVID pandemic hit.

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Human Capital: Moving away from ‘master/slave’ terminology

TechCrunch LA

Then, in 2018, programming language Python ditched the racist terminology. Meanwhile, Twitter began taking steps to replace those terms earlier this year and hopes to finish replacing that terminology by the end of 2021, according to CNET. . So perhaps it’s no wonder why some tech companies struggle to retain Black employees.

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EV subscription startup Canoo, co-founder sued for alleged harassment

TechCrunch LA

Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday. The first cars are slated to appear on the road by 2021.

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