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Riot Games Commits $10M To Minority Owned Game Studio Investments

socalTECH

Los Angeles-based Riot Games is looking to help patch up rocky race relationships in the United States, saying over the weekend that it will invest $10M in minority-owned game studios, in addition to providing $1M to the Innocence Project and the ACLU (American Civil Liberties Union), via is Social Impact Fund.

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Former Guns N' Roses Drummer Creates Cryptocurrency Startup, Artbit

socalTECH

The former drummer of Guns N' Roses, Matt Sorum, has create a brand new, Los Angeles cryptocurrenc startup-- Artbit , which says it will offer up compensation to up-and-coming artists from their fans. The startup said it will help creaters fund their passions through a "crypto-economy powered by hashgraph". READ MORE>>.

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How the myth of the ‘girlboss’ harms emerging women in tech

TechCrunch LA

allocate 98% of their funding to startups helmed by men. million for her app, placing Squad in the mere 0.34% of companies funded last year with a Black woman founder. billion valuation to open up permanent retail stores in Seattle, Los Angeles and London, capitalizing on the dewy fairytale of its Manhattan flagship store.

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