Silicon Beach Report July 22: Blizzard Co-Founder Departs Company

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Hulu CFO leaves for Amazon; Frank Pearce retires from Blizzard; SpaceX picks hyperloop competition winner

SpaceX Selects Hyperloop Pod Competition Winner

A student group from the Technical University of Munich set a new speed record at Hawthorne-based SpaceX’s Hyperloop Pod Competition, sending their pod through an above-ground vacuum tunnel at 288 miles per hour. TUM beat the previous record by 4 miles per hour though it had initially hoped to average 373 miles per hour. The competition is overseen by SpaceX Chief Executive Elon Musk and designed to uncover new innovations in hyperloop technology, The Verge reports.

Blizzard Co-Founder Frank Pearce Retires

Frank Pearce, one of Blizzard Entertainment Inc.’s original founders, has left the company. Blizzard was founded in 1991 in Irvine, and was acquired by Activision in 2008, becoming a subsidiary of the Santa Monica-based video game studio. Following Pearce’s departure, only one of Blizzard’s original founders (Allen Adham) remains, according to ArsTechnica.

Hulu Chief Financial Officer Leaves for Amazon

Hulu’s chief financial officer is departing after six years for a post at Amazon.com Inc., TubeFilter reports. Elaine Paul, the former CFO, will join Amazon as its CFO and vice president of finance. Paul’s appointment comes shortly after the announcement that Amazon’s current finance lead, Doug Hott, will leave the company after a four-year tenure.

Tech reporter Samson Amore can be reached at [email protected] or (323) 556-8335. Follow him on Twitter @samsonamore.

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