"We're providing that flexibility and affordability and access to ownership for underrepresented communities."
Two South L.A. natives and lifelong friends are behind a startup that allows local food entrepreneurs to rent a food truck in a few clicks. On The Go LA just celebrated its first anniversary.
Endeavor's Ari Emanuel leaves Live Nation board after antitrust concerns.
Activision holders affirm their pay plan after a controversial delay.
TikTok launches Jump, a third-party integration tool.
Netflix strikes deal with filmmaker Steven Spielberg.
Big games are coming with "Avatar" and "Pirates of the Caribbean."
DoorDash and Albertsons partner on same-day grocery delivery.
Bumble employees are given a week of vacation to de-stress.
Facebook's Clubhouse competitor starts rolling out in the U.S.
Uber is buying the rest of grocery delivery start-up Cornershop.
Twitch bans two top creators in struggle with sexually suggestive streams.
Boosting Local Food Truck Vendors
On The Go LA's founders hope to appeal to immigrant communities, whose members make up much of the back-of-house work force in L.A.'s restaurants. The goal is to give would-be food entrepreneurs a relatively inexpensive access to a roving kitchen to try out new concepts.
Sweetgreen Files For an IPO
The Culver City salad chain announced Monday it has confidentially filed for an IPO. Earlier this year, it raised $156 million at a $1.8 billion valuation.
Bill Ackman's SPAC Buys Into Universal Music Group
Ackman launched the largest SPAC ever last summer with the goal of acquiring a "mature unicorn" to take public. Instead, Pershing Square Tontine Holdings Ltd. will acquire a piece of Universal Music Group.
Songtradr Secures An Additional $50 Million
The Santa Monica-based music rights and licensing startup has been gobbling up smaller competitors. To date, the company has raised more than $100 million in funding, and this round brings its valuation to over $300 million.
PrendeTV to Offer Free Spanish-Language Streaming Tier
Univision's PrendeTV will offer free ad-supported content as well as a premium service. The free version will include originals, more recent major studio films as well as new features including live sports and a 24/7 news service.