Fox exec to launch harassment reporting app, Arrivo proposes maglev system for the inner city, and Fullscreen shutting down subscription VOD service and will lay off 25 employees.
Spurred by the current storm of sexual harassment charges in the entertainment industry, politics and elsewhere, Claire Schmidt, vice president of technology and innovation at 20th Century Fox, today announced plans to launch AllVoices, a tool that enables employees to anonymously report harassment or related issues directly to their company chief executive and board, the Business Journal reports. The company is in the process of closing a $2 million funding round led by Zillow Group Chief Executive Spencer Rascoff, Tinder co-founder and Chairman Sean Rad, and Silicon Valley-based law firm Wilson Sonsini Goodrich & Rosati, which recently opened offices in downtown Los Angeles.
Arrivo, the startup founded by former Hyperloop One engineer Brogan BamBrogan, announced on Tuesday that it had formed a partnership with Colorado’s Department of Transportation to build a magnetic-levitation system through Denver, Wired reports. Arrivo was founded with the intent of building a vacuum-tube hyperloop system, but now aims for a more modest magnetized track that parallels preexisting freeways and transports people, cars and cargo at 200 miles per hour.
Fullscreen Media is pulling the plug on its subscription-video service — less than two years after launching it — and is laying off about 25 employees, Variety reports. Fullscreen SVOD, a $6-a-month, Netflix-style service, was aimed at younger audiences weaned on YouTube and social media. It will be shuttered in January 2018.
Technology reporter Garrett Reim can be reached at firstname.lastname@example.org. Follow him on Twitter @garrettreim for the latest in L.A. tech news.
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