Raven Software—an Activision subsidiary that works primarily on the hugely popular “Call of Duty” series—is the first business unit within the Santa Monica gaming giant to form a labor union. The move comes one month after independent developer Vodeo Games voluntarily recognized a union formed by its workers, making it the first certified labor union at a North American video game studio.
Here’s what else we're reading in the news:
- Anduril gets a $1 billion contract to work on an anti-drone system for the Department of Defense.
- A Santa Ana-based nonprofit gets $100K from Boeing to train L.A. students in STEM.
releases its list of the 15 most-streamed shows of 2021.
- Congress approves a bill that would ban platforms from favoring their own services.
- Singer John Legend partners on a new skin care startup for people of color.
Workers at Activision Blizzard subsidiary Raven Software have formed a new labor union and are seeking voluntary recognition by the Santa Monica-based video game publisher, just days after it announced plans to sell itself to Microsoft for nearly $70 billion.
Eyedaptic co-founder Jay Cormier was thinking about retiring and working on an AR side project when macular degeneration forced his grandmother into assisted living. He wondered: Could augmented reality help improve sight for people suffering from glaucoma and other maladies?
The Santa Monica-based firm is aiming to raise $165 million for the new fund, according to a regulatory filing with the SEC. Bonfire has carved a niche for itself by focusing its investments on B2B startups that sell software to other businesses.
Ecommerce shipment tracking startup Route—which is based in the “Silicon Slopes” hotbed surrounding Salt Lake City but has a growing presence in Los Angeles—is claiming unicorn status after raising $200 million in new funding at a $1.25 billion valuation.