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Silicon Beach Report Aug. 16: Tronc and Investor’s Business Daily to Launch Paid Newsletter on Mutual Funds

Tronc and Investor’s Business Daily to launch paid newsletter on mutual funds, Apple co-founder Steve Wozniak joins Mojiit as advisor and retail inventory software company NuOrder raises $8 million.

Tronc and Investor’s Business Daily to Launch Paid Newsletter on Mutual Funds

Tronc and Investor’s Business Daily are launching Trophy Funds, a paid newsletter product designed to give its readers advice on investing in mutual funds, reports DigiDay. IBD staffers, with some input from Tronc, will create the content, while Tronc’s consumer marketing and audience teams will handle marketing and build an audience for it. Subscriptions cost $7.99 per month, and the publishers will split the revenue.

Apple Co-founder Steve Wozniak Joins Mojiit as Advisor

Hologram emoji startup Mojiit announced on Wednesday that Apple co-founder Steve Wozniak joined the company as an advisor, according to a press release. In his role as advisor to Mojiit, Woz will help assemble an engineering team as well as recruit investors and partners.

Retail Inventory Software Company NuOrder Raises $8 Million

Retail inventory management company NuOrder announced on Wednesday that it raised an $8 million round led by Argentum, reports VentureBeat. Brands subscribe to NuOrder’s software as a service on an annual basis to create a digital catalog of their merchandise.

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

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