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"The same way TikTok made Instagram boring, we would like to make Tinder boring."

A Gen-Z dating app based on short-form videos closed its first round of funding last month with backing from the California Crescent Fund, a new student-run venture capital firm focused on Southern California. Reporter Francesca Billington explains how Lolly is taking on Tinder.

Jeff Bezos will step down as Amazon C.E.O., Andy Jassy is elevated.

Uber to buy Drizly for $1.1 billion in stock and cash.

Tesla recalls roughly 135,000 vehicles over touch-screen failures.

A Wakanda series is coming to Disney Plus.

Rocket startup Astra is going public via SPAC.

Bumble IPO could raise more than $1 billion for the dating service.

Amazon will pay $61.7 million to delivery drivers after withholding tips.

New Flyer Xcelsior AV is America's first autonomous bus.

Google settles federal gender and race discrimination charges for $3.8 million.

Cannabis marketing platform springbig adds BudTender to its stash.

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Gen-Z Dating App Lolly Scores $1M

Short-form video dating app Lolly closed its first round of funding last month with backing from the California Crescent Fund, a new student-run venture capital firm focused on Southern California. Read more>>

Watch: SpaceX's Starship Rocket Crash Lands Again

SpaceX's Starship, the latest prototype of the rocket the company hopes will one day carry humans to Mars, exploded as it attempted to land on Tuesday. Read more and watch here>>

Cheetos Rival PeaTos Scores $12.5M Investment

PeaTos, the L.A.-based snack foods brand, wants to give Frito Lay a run for its money. The company has said since launching it's seen major growth from its subscription services and loyalty program. Read more>>

How Supergoop! Became the Go-To Sunscreen

Founder Holly Thaggard talks to Behind Her Empire about how a friend's cancer diagnosis changed her life and career path. Read more and listen here>>

Strategy Session: The Future of Content Moderation Online

Join us Wednesday, February 10th at 11:00 a.m. PT for a conversation about the future of content moderation online, in partnership with Fenwick. dot.L.A. Managing Editor Rachel Uranga will have a one-on-one conversation with a leading social media company (to be announced). Afterward, dot.LA CEO Sam Adams will speak with Fenwick Partners Tyler Newby and Andrew Klungness for a legal perspective. Register here - space is limited!

Startup Pitch Showcase - Companies Just Announced

Hosted in collaboration with Bank of America, we are excited to announce the L.A. companies selected to pitch: Unarmed, StartupStarter, GLEAM Network and Kilo. The pitches will be judged by Ajay Relan, partner at Slauson & Co, Camden McRae, investor at Industrious Ventures and Redonna Carpenter Woods, senior vice president at Bank of America. Join us Thursday, February 4th at 11:00 a.m. PT.

Register for the event here >>

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