L.A. County Employer Payrolls Plunged in December
Employers in Los Angeles County shed 24,000 payroll jobs in December, according to figures released Jan. 22.
Charging Company EVgo Strikes SPAC Deal
Sawelle-based electric vehicle charging company EVgo Services has announced plans to go public via a SPAC merger.
The Standard Closes In West Hollywood
The Standard Hotel, a West Hollywood staple for more than 20 years, has closed.
OpenDrives Raises $20 Million to Grow Data Storage Business
Culver City-based company OpenDrives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.
SpaceX Launches New Batch of Starlink Satellites
Space Exploration Technologies Corp. deployed another 60 satellites into space on Jan. 20 in support of the company’s ambitious Starlink global broadband project.
Versus Systems Closes $11 Million IPO
Video game and interactive media prize company Versus Systems Inc. has closed an $11 million initial public offering.