Rachel Uranga covers the intersection of business, technology and culture. She is a former Mexico-based market correspondent at Reuters and has worked for several Southern California news outlets, including the Los Angeles Business Journal and the Los Angeles Daily News. She has covered everything from IPOs to immigration. Uranga is a graduate of the Columbia School of Journalism and California State University Northridge. A Los Angeles native, she lives with her husband, son and their felines.
Billboard advertiser AdQuick raised $6 million in a Series A round as the company looks to expand its market and develop better analytics.
The round was led by Reddit co-founder Alexis Kerry Ohanian's Initialized Capital with WndrCo, Shrug Capital, The Todd & Rahul Angel Fund and Michael Kassan's MediaLink brings total funding to $9.49 million.
Former BET Networks chief Debra Lee found it lonely at the top as one of the only women of color in the C-suite, so more than a decade ago she created Leading Women Defined.
After leaving the Viacom-run network in 2018, the executive leaned into her project. And she's looking to expand the invite-only gathering of powerful women that draws players like Michelle Obama and Hillary to a larger pool of founders, funders and others.
Luxury electric carmaker Karma Automotive laid off 60 people mostly from its Irvine headquarters as its repositions itself from a retail auto seller to a designer for larger vehicle makers and technology companies. That's on top of another 200 workers cut three months ago, shrinking their workforce by about 25% since October.
Many of those pink slipped are engineers, according to filings with the California Employment Development Department earlier this month.