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How L.A. can rebuild after the wildfires without leaving vulnerable residents behind

Fast Company Tech

The dramatic images of wealthy neighborhoods burning during the January 2025 Los Angeles wildfires captured global attention, but the damage was much more widespread. In the Los Angeles area, those risks are now impossible to ignore. Many working-class families lost their homes , businesses, and jobs.

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Citizen CEO offered to personally fund LA arson manhunt — for the wrong person

The Verge

The man pictured had no connection to the fires, and once he was located by law enforcement, he was quickly released for lack of evidence. “We More recently, the company raised alarm for operating an SUV labeled as “private patrol” in downtown Los Angeles , although company representatives insist the vehicle is not engaged in security work.

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. With the latest funding, Clio claims that it’s the “first legal practice management unicorn” globally. Rowe Price Associates Inc. and OMERS Growth Equity.

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Abodu raises $20M to build prefabricated backyard homes

TechCrunch

One such startup, Abodu , has raised $20 million in a Series A funding round led by Norwest Venture Partners. The California legislature changed laws in 2017 to make it easier to build Accessory Dwelling Units (ADUs). So far, it’s operating in the Bay Area, Los Angeles and Seattle.

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Two men arrested for $1.1 million NFT ‘rug pull’ scam

The Verge

After selling the NFTs, they shut down the project and transferred its funds to a series of separate crypto wallets, leaving Frosties owners bereft of promised rewards. Now, the two men behind Frosties have been arrested in Los Angeles, California. Ethan Nguyen and Andre Llacuna allegedly earned around $1.1

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Tencent backs digital rights startup Pex in $57M round

TechCrunch

Pex , a startup aiming to giving rightsholders more control over how their content is used and reused online, has raised $57 million in new funding. Pex says the new funding will allow it to continue scaling the Attribution Engine. Pex CEO Rasty Turek. We are social animals.”

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Ready, Set, Raise, an accelerator for women built by women, announces third class

TechCrunch

This year, as funding for female founders drops to 2017 levels , Feinzaig realized why accelerators, hers included, might not work for women as well as they work for men: demo day. FixFake: Founded by Kathryn Harrison and Jason Law, FixFake offers decision support tools to reduce fraud in e-commerce. It is based in Los Angeles, CA. ?

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