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Thursday, Aug 11, 2022

Silicon Beach Report May 23: Boring Co. Contracted for Las Vegas Tunnel

Riot Games creates gaming association; Simran Sethi vacates Netflix post; Boring Co. to build Las Vegas tunnel

Boring Co. Secures Las Vegas Tunnel Contract

Elon Musk’s Hawthorne-based tunneling firm, Boring Co., secured a $48.7 million contract to construct a high-speed transit tunnel underneath Las Vegas. The Las Vegas Convention and Visitors Authority agreed to the contract on May 22, Business Insider reports. The project marks the Boring Co.’s first tunnel project with a paying customer.

Riot Games Creates High School, College Esports Association

Riot Games created an organization to govern college esports called the Riot Scholastic Association of America. The association will govern all Riot Games’ high school and collegiate esports competitions and work to “align with the goals of schools,” and create an inclusive student gamer community, Socaltech reports. Sawtelle-based Riot Games will help the new organization scale its operations competitively.

Local Netflix Executive Quits

Simran Sethi, Netflix’s Los Angeles-based director of original programming in India, quit yesterday. Sethi resigned because Netflix reportedly prefers its Indian executives be located in India, according to Variety,. which said Sethi chose to remain in the United States where she grew up. Sethi, who has been with Netflix since 2017, will step down after a transition period.

Tech reporter Samson Amore can be reached at samore@labusinessjournal.com or (323) 556-8335. Follow him on Twitter @samsonamore.


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