Thu.Aug 08, 2019

Does your board give you good advice?

Berkonomics

This may be news, but boards of directors can offer bad advice. Having served on more than forty boards, I’ve seen such a variety of good and bad advice that my stories could fill a book. (oh, oh, wait.

Profits Slide at Activision as Competitors Gain Ground

L.A. Business Journal

The Santa Monica-based video game publisher behind popular games such as “Call of Duty” and “Overwatch” saw its profits decline more than 18% from this time last year, reporting a net income of $328 million

Slides 141

Virgin Hyperloop One Goes On Tour

socalTECH

Los Angeles-based Virgin Hyperloop One is looking to drum up interest from local governments for its technology, and interest of the public, through a road show of its pods across the country, the company said this week. According to Virgin Hyperloop One, it visited Columbus, Ohio, and is stopping in Arlington, Texas; and Kansas City, Kansas, as part of a tour which it says will "showcase the unique technology to elected, local officials and the general public."

SUN Plans New Scooter For Crowded On Demand Scooter Market

socalTECH

Is there room on your curb for (yet another) on-demand scooter company? Los Angeles-based SUN thinks there is, and said on Wednesday that it is getting set to launch a new, shared scooter model in California. The company says that so far, it is offering up its scooter service in Los Angeles and San Diego.

Demand 116

Bitcoin ATMs Used In Utility Scam In LA

socalTECH

In a rather nefarious use for Bitcoin, the Los Angeles Police Department (LAPD) issued a warning on Thursday that scammers have been using "Bitcoin ATMs" to scam LADWP customers out of money. The scammers are contacting customers, and tell them that owe money to the utility and can only pay it using the ATMs.

Tripalink Takes $10M More

socalTECH

Los Angeles-based co-living community developer Tripalink , which develops themed co-living communities aimed at both young students and young professionals, has raised $10M more in a Series B funding, the company said this week. According to the company, the new round came from Calin SJG Fund, L.P, K2VC, Tekton Ventures, plus Oriza Venture. The company said the funding will go towards market expansion. Tripalink said the new round values the company at $100M.

More Trending

Graduway Gets Investment From Manhattan Beach's K1

socalTECH

Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. Size and terms of the investment were not announced. K1 Investment Management says it invests in high growth, enterprise software companies. Graduway is based in the UK, and offers up its software to educational institutions and non-profit organizations.

Experian Acquires MyHealthDirect

socalTECH

Costa Mesa-based Experian announced this morning that it has acquired MyHealthDirect , a developer of a "digital care coordination platform" used for healthcare administration. Financial details of the acquisition were not announced. MyHealthDirect's software is used for patient self-scheduling, check-in, management of referrals, patient outreach, and other similar tasks. MyHealthDirect is based in Nashville, TN.

Los Angeles Dodgers, Postmates Link On Dodger Stadium Orders

socalTECH

The Los Angeles Dodgers and delivery service Postmates said today that the two are in a new partnership, which will let users order items from Dodgers concession from their seats, and then pick up those orders at special "Postmates Pickup" locations. Financial details of the deal were not announced.