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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. Blade’s next stop is India, the Financial Times reports , where it will conduct a pilot connecting travelers in downtown Mumbai and Pune.

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Report: Bird Received PPP Loan, Laid Off Employees; Bird Disagrees

socalTECH

Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to The Verge, the loan came in late April, when Bird said the loan would help it retain 341 jobs.

Report 113
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Report: Bird Received PPP Loan, Laid Of Employees; Bird Disagrees

socalTECH

Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to The Verge, the loan came in late April, when Bird said the loan would help it retain 341 jobs.

Report 113
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Demand Media Sweetens Executive Pot

socalTECH

Ahead of its IPO, Santa Monica-based Demand Media , the online domain name and media publishing business run by Richard Rosenblatt, updated its IPO filings Thursday, saying that it has granted $30.8M Tags: demand media domain domainer content merger acquisition legitscript. READ MORE>>.

Demand 194
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Report: Uber Considering Deal to Buy Either Bird or Lime

socalTECH

Ridesharing giant Uber is considering a major deal to buy either Santa Monica-based on-demand scooter rental service Bird , or possibly, Bird's key rival, Lime , according to a report. READ MORE>>.

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Demand Media Revenues Up In Q1

socalTECH

Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 in revenues the firm reported in Q1 of 2010. Demand Media said the revenues numbers were driven by continued momentum from its owned and operated sites. million on revenues of $79.5M. READ MORE>>.

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Using Generative AI to Drive Corporate Impact

TechEmpower

By processing and analyzing large datasets, AI can identify emerging trends, enabling companies to align their product strategies with future market demands. Moreover, it automates routine tasks such as transaction processing and report generation, freeing finance professionals to focus on higher-level strategy and analysis.