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Can Fisker Make a Cheaper, Better Electric Car? He Thinks So.

Can Fisker Make a Cheaper, Better Electric Car? He Thinks So.

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"What if we do something iconic, something feel-good, that doesn't show how much money you have?"

Henrik Fisker doesn't want to be like Tesla or any of the other startup automakers trying to corner the electric car market, largely by manufacturing luxury vehicles. His company, Fisker Inc., is plotting out a new electric car for under $30,000 that could change the format of the car as we know it. Contributor Zac Estrada talked to Fisker about his plans.

TikTok launches a new Q&A feature for creators to engage with viewers' questions.

Square Inc. buys a majority stake in Jay-Z's streaming service Tidal.

GoodRx launches a $40M charitable initiative.

Universal Studios Hollywood plans to reopen on weekends.

Santa Monica-based Abacus Wealth Partners merges with SF social justice investment firm.

LiveXLive names a new executive vice president of its L.A.-based StudioOne division.

Universal Music Group's revenues grew by 3.8% in 2020.

Plex's free streaming service is now available in the Apple TV app.

SpaceX is planning a Starlink factory in Texas to speed production of its of dishes and routers.

Fisker founder and CEO Henrik Fisker calls it is the right time to rethink not only who might be willing to buy new electric cars, but also the kind of car city-dwellers will want to own. Read more>>

How many streaming services is the average customer willing to pay for? It's a question that's top of mind today, as Paramount Plus debuts. The new service from parent company ViacomCBS is the latest entrant into the streaming wars. Read more>>

The livestream shopping craze continues as the Los Angeles-based ecommerce app for collectibles and card games raised a $20 million Series A round led by Andreessen Horowitz's Connie Chan. Read more>>

Snap is going to be giving the owner of USA Today a lesson in how to advertise to Gen Z. The company partnered with Gannett in a move that could help it rake in advertising dollars from local businesses. Read more>>

This year's virtual Montgomery Summit wrapped up on Thursday with incoming Qualcomm CEO Cristiano Amon and others making predictions, dishing about deals and laying out plans. Here are some of the takeaways.

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Yesterday:

Co-founder and co-CEO of Brex Henrique Dubugras launched his first company, Pagar.me at age 16. After he sold it, he was accepted and enrolled at Stanford, but dropped out early to follow his entrepreneurial instincts. Read more and listen here>>

The line between tech and entertainment companies has never been thinner; the top Hollywood players are becoming software behemoths, the major tech firms are tripling down on their content investments and a number of startups are finding new ways to blend the two worlds. From the very heart of this convergence between tech, media and entertainment in Los Angeles,  dot.LA is pleased to announce "Intersect," a first-of-its-kind summit convening this new super-sector, held live virtually on Wednesday April 28.

Our next startup pitch showcase on Thursday, March 11, 2020 at 11:00 a.m. PT will celebrate female founders. We're looking for female-founded SoCal startups in any sector. Submissions will be evaluated on a rolling basis. Two angel investors will be judging the showcase hosted by dot.LA's Chief Correspondent & Host and Head of Video Kelly O'Grady.