Metaverse: Open for business? | MIT Technology Review

Already the metaverse is increasingly part of companies’ merger and acquisitions (M&A) strategies. In December 2021, Nike announced its acquisition of digital design studio RTFKT, which the sportswear company says it hopes will help it explore the possibilities presented by the metaverse. In January 2022, Microsoft announced its plans to acquire game developer and interactive … Read more

Ray-Ban’s billionaire owner Leonardo Del Vecchio passes away at 87

Leonardo Del Vecchio, the Italian entrepreneur who started with a tiny optics workshop in the Dolomite mountains and ended up as the undisputed world leader in eyewear, has died. He was 87. His death was reported by Italian daily Corriere della Sera on Monday. A spokesman for Del Vecchio was not immediately available for comment. … Read more

Hess Industries: Faith, family and innovation keeps the company moving forward | Business News

MANSFIELD – What started as an idea in Mark Hess’ garage in 1999 has turned into a company that leads the pack in In-Die Clinching. It’s a process only five companies across the world handle at an expertise level. As the only US who completes the process, Hess Industries has shown the endless potential for … Read more

Hess Industries: Faith, family and innovation keeps the company moving forward | Business News

MANSFIELD – What started as an idea in Mark Hess’ garage in 1999 has turned into a company that leads the pack in In-Die Clinching. It’s a process only five companies across the world handle at an expertise level. As the only US who completes the process, Hess Industries has shown the endless potential for … Read more

More Outlets to Come – Los Angeles Business Journal

Mall operators Simon Property Group Inc. and Santa Monica-based Macerich Co. have resumed work on an outlet mall project in the city of Carson.The movement forward comes after years of litigation with the city over environmental-remediation work. Simon has since reached an agreement with the city of Carson and the Carson Reclamation Authority to restart … Read more

Metropolis Raises 7 167M Series B Funding

The team at Metropolis Technologies is going to grow by the end of the year thanks to a 7 167 million Series B funding round. The company is working to make parking easier through the use of its app. Corey Owens, chief communications officer for the Santa Monica mobility technology company, said Metropolis had 200 … Read more

Czinger Vehicles Establishes Dealer Network

Torrance-based performance car company Czinger Vehicles recently announced the formation of its global dealer network, a milestone that brings the young company closer to competing with renowned car manufacturers on the retail front. Czinger’s 21C, a 3D-printed tandem-seat hypercar boasting approximately 1,250 horsepower, will lead the pack of the company’s vehicles to be sold within … Read more

Female Energy marketplace celebrates local women-owned businesses | Positive Local News

ROCKFORD (WREX) – Summer is full in swing and setups like the one today brought out hundreds to browse and buy. The Female Energy market and vendor fair Sunday gave an opportunity to dozens of local business owners, while celebrating women’s empowerment. Evangelina Jimenez, Owner of Indigo Beauty Boutique, organized Female Energy as a marketplace … Read more