Silicon Beach Report March 15: Snapchat Plans Gaming Platform

Bird lays off 5 percent of workforce; LA attracting talent with commerce; Snap considers in-app gaming Source: Business

B. Riley Financial May be Partially on Hook for $126.5M Merger Breakup Fee

Delaware Chancery Court ruled Thursday that Rent-A-Center Inc., a rent-to-own retail products company in Plano, Texas, could terminate its $1.4 billion agreement to merge with a Florida private equity...

Silicon Beach Report March 14: Faraday Selling Manufacturing Plant for $40 Million

Activision Blizzard seeks e-Sports franchise owners; Backstage Capital accelerator launches; Faraday asks $40 million for Vegas site Source: Business

Silicon Beach Report March 13: Musk's Vegas People Mover Project Approved

Jam City finds “Harry Potter” game lucrative; Cluster gains $1.9 million; Boring Co. approved for Vegas people mover Source: Business

Long Beach Approves Tentative Deal to Reopen Community Hospital for $90M

The City of Long Beach has agreed to a deal for at least $90 million to reopen Community Hospital Long Beach after its former operator pulled out because of...

UCLA, USC Remove Three High-Ranking Athletics Officials Indicted in Nationwide University Admissions Fraud Scheme

UCLA and USC on March 12 removed three high-ranking athletics officials who were charged by federal authorities in a nationwide university admissions fraud scheme. Source: Business

Cedars-Sinai, Providence Form Joint Venture for Tarzana Hospital

Providence St. Joseph Health and Cedars-Sinai have agreed to create a joint venture to own and operate Providence Tarzana Medical Center, Cedars-Sinai announced Tuesday. Source: Business

Silicon Beach Report March 11: Stamps.com Announces $60 Million Stock Repurchase Plan

Disney plans to seal vault; Brooks hired at QuiBi; Stamps.com reveals stock repurchase agreement Source: Business

WeWork to Open First Location in Beverly Hills

WeWork Companies Inc. has signed a lease for 70,000 square feet in Beverly Hills. Terms of the lease were not disclosed. Source: Business

Virtual Influencer Maker Raises Nearly $20M

Artificial intelligence and robotics outfit Brud Inc. has raised nearly $20 million from investors, according to a March 7 filing with the U.S. Securities and Exchange Commission. Source: Business

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