Thu.Oct 21, 2021

The four rules for motivating your employees with money.

Berkonomics

We’ve debated this one forever it seems. Should be overwhelm prospective employees with stock options and perks? Or concentrate our available resources on just plain money as an attraction?

Design 156

Netflix employees stage a trans solidarity walkout, pose list of demands

TechCrunch LA

Netflix employees staged a walkout yesterday in response to the company’s handling of a Dave Chappelle special that premiered on October 5. At the same time, Los Angeles-based trans activist Ashlee Marie Preston hosted a rally in solidarity with Netflix workers participating in the walkout.

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The Boring Company Gets Nod On Las Vegas Transportation System

socalTECH

Los Angeles-based The Boring Company has just received approval from Clark County, Nevada, for its plans to create an underground transportation system that will connect the Las Vegas Strip, Allegiant Stadium, and the University of Nevada, Las Vegas. The project is expected to stretch 29 miles and will have 51 stations. vegas boring company underground transportation tesla elon musk tunnel

Embrace Raises $45 Million in Series B for Mobile Data Platform

L.A. Business Journal

The round gives the company a total of $57 million in funding

Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Miso Robotics Tests New Product For Buffalo Wild Wings

socalTECH

Los Angeles-based food service robot developer Miso Robotics announced this morning that it has rolled out a new product line, called Flippy Wings, which automatically fries chicken wings. The company said the new "robotic chicken wing frying solution" was specifically designed for partner Inspire Brands, which owns Buffalo Wild Wings. According to Miso Robotics, Buffalo Wild Wings began testing its new products this fall; it's unclear if or when the wing chain will roll out the product, however.

Embrace Gets $45M For Mobile Data Tracking

socalTECH

Culver City-based Embrace, a new startup focused on helping companies manage the mobile data they are collecting, has raised $45M in a funding round. According to the company, the Series B funding was led by New Enterprise Associates (NEA), and also included Greycroft, AV8, and Eniac. The company says its founders previously had been involved with PagerDuty, Sendbird, LogDNA, Scopely, and TestFlight. The company's co-founder and CEO is Eric Futoran.

Navitas Semiconductor Hits Nasdaq

socalTECH

El Segundo-based semiconductor developer Navitas Semiconductor has debuted on the Nasdaq Global Market, after its acquisition by a Special Purpose Acquisition Company (SPAC), the company said on Wednesday afternoon. The developer of gallium nitride (GaN) power semiconductors says it is now trading under the ticker NVTS. The company's move to the Nasdaq comes thanks to the deal with "blank check" acquisition company Live Oak Acquisition Corp.