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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

According to the company, it was founded by Matt Sorum, Pablo Martins, Renan Monjon, Saulo Monjon, and Jean-Philippe Innocent, and it aims to allow unsigned and unrepresented artists--ranging form musicians,magicians, dancers, street artists, and street performers--to get "real compensation" for their work.

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LA Man Arrested After Man Killed In Kansas From Call of Duty 'Swatting' Incident

socalTECH

A South Central Los Angeles man has been arrested on suspicion of triggering a "swatting" hoax in Kansas, which resulted in the death of an innocent bystander , killed by police who responded to a hoax 911 call. The call was apparently the result of a spat between two Call of Duty videogamers.

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Accruent Acquired By Genstar Capital

socalTECH

Accruent was venture backed by Constellation Ventures, FirstMark Capital, GGV Capital, Innocal, Marcus & Millichap, Peninsula Equity Partners, Red Rock Ventures, Sierra Ventures, and Stanford University. Financial terms of the acquisition were not disclosed.

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DreamHost Gets Win In Anti-Trump Website Fight

socalTECH

According to Dreamhost, the final order from Chief Judge Morin will "protect the constitutional rights of innocent internet users" and allow Dreamhost to redact all identifying information and protect identities of users who interacted with the website. org out of the hands of the Department of Justice.

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Nexiant Names New CEO

socalTECH

Nexiant is venture backed by InnoCal Venture Capital, Argentum Group, Forrest Binkley & Brown, Inverness Capital Partners, and Mission Ventures, among others. Sickler has previously served as Network Computing, Gadzoox Networks, Arzoon, Arcwave, and Ungermann-Bass.

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Can your employees recruit from a customer or supplier?

Berkonomics

The CEO of my company checked into a hotel that was a customer for its enterprise management system, and through a few innocent questions found that the owner of that hotel and other hotels was about to purchase several new systems for his new projects. My story of an employee over the line.

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