If you're even casually into air-cooled Porsches, then you probably have heard the name Rod Emory.His shop Emory Motorsports in LA is the home of some of the world's most beautiful restored and hot-rodded Porsche 356s.His latest car is arguably one of his craziest yet.The 356 RSR is an exercise in exactly how far you can take a car from its original form if you have the right skills and equipment.The 356 RSR takes the familiar shape of Herr Dr. Porsche's little bathtub on wheels and slathers it in race car touches from models like the 935 and the original RSRs.This car started life as a 1960 356B, and like most of the vehicles that come to Rod's shop, it was a rusted out, unloved barn find.
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Las Vegas has tapped Elon Musk's Boring Company to build a one-mile tunnel underneath its downtown convention center.The tunnel will connect one end of the building to the other, at a cost of $48 million, the city's convention and visitor's authority said in a press release.Transit experts have criticized the Boring Company's plans for traffic mitigation as less-than-innovative.Details for the contract include three underground passenger stations, a pedestrian tunnel and two vehicular tubes, which will all be outfitted with escalator access, lighting, WiFi coverage, cell phone data, and video surveillance systems."Las Vegas will continue to elevate the experience of our visitors with innovation, such as with this project, and by focusing on the current and future needs of our guests," Steve Hill, LVCVA CEO and president, said in a press release.Boring Co Eventually, the Boring Company proposes, the tunnels could stretch beyond the convention center, to connect the Casino-lined Strip and to the airport at speeds of 155 miles per hour.
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Elon Musk’s Boring Company will soon be tunneling its way beneath Las Vegas.The Las Vegas Convention and Visitors Authority voted on Wednesday to award the Boring Company a $48.6 million contract to build the LVCC Loop, a high-speed subterranean transportation system designed to whisk people around the giant Las Vegas Convention Center — one of the largest such centers in the world.Used year-round for a multitude of trade shows and conventions that include tech-focused CES, the system will connect the eastern edge of the convention complex’s South Hall with the LVCC New Exhibit Hall, according to Bloomberg.The mile-long route will include three stations, one of which will serve the center’s central and north exhibit halls.Up to 16 passengers at a time will be transported inside large electric vehicles with a chassis based on the Model X design built by Tesla, another Musk-owned company.Construction is due to begin as early as this September with a completion date slated for December 2020, in time for the CES bash in January 2021.
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The Los Angeles ecosystem is $76 million stronger today as Fika Ventures, a seed-stage venture capital firm, announces its sophomore investment fund.Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.The firm was launched in 2017 by general partners Eva Ho and TX Zhuo, formerly of Susa Ventures and Karlin Ventures, respectively.The pair raised $41 million for the debut effort, opting to nearly double that number the second time around as a means to participate in more follow-on fundings.News of Fika’s second effort comes as investment in LA tech continues to reach record highs.In total, more than $60 billion was invested in LA startups in 2018.
A millennial with his finger on the pulse of a generation of young adults carving out their own paths, in careers and in life.As owner of ET Enterprises, Taylor has started and developed several companies, including the marketing and software firms MilliSense and GrowthHackers, the data-driven social-media platform PopSocial, the drug-addiction recovery app Hayver, and the charitable foundation, Southside Fund.And now he is set on applying those skills in an entirely new arena: the world of fine art.Visit Business Insider's homepage for more stories.As the chief executive of ET Enterprises, Taylor oversees several businesses, including the marketing and software firms MilliSense and GrowthHackers, the data-driven social-media platform PopSocial, the drug-addiction recovery app Hayver, and the Richmond, Virginia-based charitable foundation, Southside Fund.As a successful entrepreneur looking for tangible ways to invest his money, he decided to start collecting artwork.
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Since Tesla and SpaceX CEO Elon Musk joke-tweeted the Boring Company into existence two and a half years ago, the fledgling tunneling tech company has dug one (test) hole, in the parking lot of SpaceX’s suburban LA headquarters; participated in at least one high-profile press conference with the mayor of Chicago; promised Dodgers fans it would make it easier to get to their seats; been sued by at least two neighborhood groups in Los Angeles (they did not want tunnels near their homes); and completed at least two very lengthy and official environmental review for projects in Maryland and LA.Late Wednesday, the board of directors of the Las Vegas Convention and Visitors Authority voted to grant a $48,675,000 contract to the Boring Company to build a 0.83-mile, three-station version of the company's Loop mass-transit system inside of Vegas' sprawling, revamped convention center, which is currently under construction.As previously outlined by BoCo, the Loop system is made up of 8- to 16-passenger battery-powered autonomous electric vehicles, built to shoot people from station to station at speeds of up to 150 mph.This Las Vegas system is slated to transport at least 4,400 passengers per hour between the center’s new exhibit and south halls, about a 20-minute walk by foot.The Boring Company has also pledged to build an escalator or elevator system for each of the three stations, pedestrian entrances and exits, tunnel lighting, power and video surveillance systems, a control room, and cell phone, Wi-Fi, intercom, and ventilation systems.Las Vegas Mayor Carolyn Goodman was the only board member to vote against granting the Boring Company its bid.
In July 2018, Lyft announced that it was buying Motivate, the largest bike-share operator in the US, including Citi Bike in New York City.At the time, it was seen as a major move by the ride-hailing company to expand beyond cars.Now, bikes and cars are on equal footing as Lyft announces that Citi Bike has been completely integrated into its smartphone app.Lyft previously announced the beta-testing of Citi Bike in its app for about 20 percent of its users.Customers can rent a bike as easily as they hail a car.(Citi Bike still requires the input of five-digit code to unlock a bike.)
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Space junk is just what it sounds like -- abandoned gear and shards of shattered equipment in orbit around Earth, adding up to more than 500,000 pieces of debris.And it's a problem: It can damage satellites orbiting the Earth and interfere with spacecraft launches.A system designed to to track it all has passed its first test.The US Air Force Space Fence, an elaborate ground-based radar network, detected debris from a Microsat-R destroyed by India as part of anti-satellite test in March, defense contractor Lockheed Martin said Wednesday.It then was able to determine the orbit of the remnants and predict when the space junk would pass through the fence again."The Indian test showcased Space Fence's capabilities in a real-world event," Col. Stephen Purdy, director of the Space Superiority System Directorate at Los Angeles Air Force Base, said in a release.
More than a third of U.S. workers — about 57 million people — are part of the so-called gig workforce, according to a recent Gallup poll.In fact, it’s estimated that on-demand jobs add $715 billion to the economy annually and that the contractor market exceeded $3.7 trillion globally in 2017.Business is booming for intermediaries who connect gig workers with employers, including a relatively new entrant, Instawork.The San Francisco-based Y Combinator alum, which targets the hospitality sector, has been quietly expanding in the Bay Area, Los Angeles, and San Diego for the better part of four years.Instawork told VentureBeat that it secured $18 million in a funding round led by Spark Capital, GV (formerly Google Ventures), and Burst Capital, with participation from existing investors Benchmark, Y Combinator, Tuesday Capital, and SV Angel.This brings the startup’s total raised to nearly $30 million and will result in Spark Capital general partner Nabeel Hyatt joining its board of directors.
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For over 100 years entrepreneurs have come to Hollywood to try their luck in the dream factory and build an empire in the business of storytelling.Over the past five years, virtual reality was the latest new thing to make or break fortunes, and the founding team behind the Korean company AmazeVR are the latest would-be dream-makers to take their turn spinning the wheel for Hollywood fortunes.Despite billions of dollars in investment, and a sustained marketing push from some of the biggest names in the technology industry, virtual reality still doesn’t register with most regular consumers.Sales of headsets in the fourth quarter of 2018 topped 1 million for the first time and new, low cost all-in-one models may further move the needle on adoption.Hardware makers have invested billions to improve the technology, and they’d like that money to not go to waste.At the same time, networking companies are spending billions to roll out new, high speed data networks and they need new data-hungry features (like virtual reality) to make a compelling case for consumers to upgrade to the newer, more expensive networking plans.
Then the 30-second video ended, and a producer for the game gestured to a series of Oculus Quest demo stations while talking at length about this "military kayak" system and how it enabled "free and comfortable exploration" within the confines of VR.This is how Oculus Studios kicked off its major pre-E3 presentation last week just outside Los Angeles, and the event revolved around a hole in the company's existing portfolio: lengthy, quality single-player campaigns.Oculus will arrive at next month's E3 with four major solo VR adventures in tow, and we got a world-premiere hands-on look at two of them last week: the surprisingly solid Phantom: Covert Ops and the impressive sci-fi sequel Lost Echo 2.Stroke in reverse to go backward; dig deeply into the water to slow down; push off of nearby walls to move through tight corridors.The act of virtual kayaking felt so good in action that I was shocked I hadn't seen it in a VR adventure game before.All of these options were at my disposal in an "early" level from the game's campaign.
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A top Fortnite player is suing his gaming organization for allegedly restricting his business opportunities with an "oppressive, onerous, and one-sided" contract.Turner Tenney, a 21-year-old professional gamer known as Tfue, has filed a lawsuit against esports team Faze Clan for allegedly limiting his ability to pursue his profession in violation of California law and the Talent Agency Act.The lawsuit also alleges that Faze Clan has failed to pay him his share of his sponsorship earnings and taken up to 80% of his earnings as a "finder's fee.""In no uncertain terms, these gamers are artists, entertainers and content creators — they perform, they act, they direct, they edit and they stream," Turner's lawyers wrote in the complaint, filed Monday in Los Angeles Superior Court."Because the industry is so new, there is little to no oversight," according to the complaint, a copy of which was obtained by The Hollywood Reporter."As a result, these young content creator/streamers are susceptible to being taken advantage of and exploited -- often by those that are supposed to be looking out for their best interests."
Artist, fashion designer, and DJ Virgil Abloh has collaborated with Pioneer DJ to create custom off-white and transparent CDJs and a mixer that will be displayed at Chicago’s Museum of Contemporary Art in an exhibition called “FIGURES OF SPEECH.”Abloh first teased the equipment on his Instagram in April, then DJed with it shortly after at Coachella.The CDJ-2000NXS2 and DJM-900NXS2 are Pioneer DJ’s flagship pieces of gear for professional DJs, and Abloh calls his version the “skeleton” models.They’re devoid of branding (outside of the screens), and quite literally give an inside look at all the mechanisms, cables, and housings that live underneath the hood.“I aimed to design a see thru and non-labeled rendition of the classic models,” said Abloh, “to inspire a different sound while DJing.And perhaps a new way for music technology and human interaction to equal a different result.”
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Electric vehicle owners may end up taking them to gas stations after all, with one of the big names in gasoline finally waking up to the idea that its locations might be a good place for an EV charger.Chevron has teamed up with charging network EVgo to upgrade a number of gas stations with electric car charging facilities, as part of a test deployment.It’s fair to say that big oil hasn’t been especially open to electrification of transportation – and the implications for its business.Availability of refueling options remains one of the big advantages of traditional internal combustion vehicles – or hybrids – over their electric counterparts, and gas stations haven’t wanted to do anything that might jeopardize that audience.Even so, they’ve been limited deployments.EVgo and Chevron’s partnership has the potential to be something far more interesting.
GM is scaling back its Maven car-sharing company and will stop service in nearly half of the 17 North American cities it operates in.A spokesperson who confirmed Maven was shutting down in some cities, without identifying the location or number that will remain, said the company plans to focus on markets that have the strongest demand and growth potential.The WSJ, which was the first to report the impending shutdown, said Maven will continue to operate in Detroit, Los Angeles, Washington, DC, and Toronto.Maven’s car-sharing service is available in Ann Arbor, Michigan, Baltimore, Boston, Chicago, Detroit, Denver, Los Angeles, New York, Orlando, San Francisco and Washington D.C. as well as Toronto, according to its website.Maven Gig, a service it launched in 2017 that rents out vehicles to rideshare and delivery drivers who use apps like Uber, Lyft and UberEATS, operates in Austin, Baltimore, Boston, Detroit, San Diego, San Francisco, Los Angeles, Phoenix, NYC and Washington D.C.GM conducted a market-by-market analysis to determine which cities it would exit, according to the spokesperson.
Azure, Azure and more AzureThe week was filled with Azure news as Microsoft reminded us that Azure Dev Spaces was generally available, added some additional hosted macOS versions to Azure Pipelines and hit go on High Performance Computing in the South Central US and Western Europe regions.At Build, Microsoft announced the tech was good to go and we can confirm that things are indeed a good deal more stable.Devs then deploy to isolated spaces so end-to-end testing can be done in the context of the entire application without breaking stuff for other coders.The gang, "having spoken with a number of teams about their customers' adoption of the latest macOS updates", has opted to keep that old High Sierra image maintained and available.Forgetful Windows Insiders reminded what disks lurk within their PC
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