Co-Working Firm Spaces Grows L.A. County Presence with 61,000-Square-Foot Lease in Hollywood

Co-working firm Spaces is taking space in Hollywood – its first lease in the famed Los Angeles neighborhood – as the Dutch company continues to expand in the Los Angeles and Southern California market, according to CBRE Group Inc., the Business Journal reports. Spaces has signed a lease for a recently-renovated 61,000-square-foot, creative Class A office building at 1800 N. Vine St. in Hollywood.

CaliBurger Launches Facial Recognition at Restaurant

Cali Group and NEC Corp. on Tuesday unveiled new artificially-intelligent digital kiosks at a CaliBurger restaurant in Pasadena, according to a press release. The kiosks use NEC’s NeoFace facial recognition software to identify registered customers and pull up their loyalty accounts and order preferences.

Virgin Hyperloop One Rebuffs a Sale and Instead Took $50 Million Lifeline

Ziyavudin Magomedov, a Russian billionaire who controls Caspian Venture Capital, made an offer to buy Virgin Hyperloop One in recent weeks, Bloomberg reports. The transportation company’s board decided against the sale and instead took a $50 million investment from Caspian and Dubai’s DP World.

Technology reporter Garrett Reim can be reached at greim@labusinessjournal.com. Follow him on Twitter @garrettreim for the latest in L.A. tech news.