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Can a Former 'Wolf of Wall Street' Make the Next Big Social Network?

Can a Former 'Wolf of Wall Street' Make the Next Big Social Network?

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"I wish I could have some good excuse, the only thing I have to say is that I was stupid and greedy."

A one-time partner in the New York brokerage firm made famous by "The Wolf of Wall Street" film has launched a social media site for people like him — the formerly incarcerated. Reporter Sarah Favot talks with him about his vision for the site and the hurdles people with records face.

L.A. unveils plans for a transportation tech innovation zone.

Netflix commits $1B to a massive new New Mexico studio.

Rent is falling in L.A., growing in the Inland Empire.

U.S. states reportedly set to file second antitrust suit against Google.

What it's like to be an Amazon warehouse worker.

Apple security head charged with bribery for gun licenses.

Muslims reel over a prayer app that sold user data.

PayPal CEO sees more work from home post-pandemic.

Hollywood's new streaming paradigm.

Retailers succumb to the dominance of ecommerce.

SpaceX again delays Starlink launch over weather.

Richard Bronson debuted Los Angeles-based Commissary Club in beta just three weeks ago and already has thousands of people on its wait list. Read more >>

The four-year-old salon booking and payment service is now used by some of Los Angeles' best-known hairdressers. Boulevard's pitch to owners: More bookings and more revenue. Read more >>

An arms race is growing among a number of social media companies that depend on short-form, user-generated videos. Snap's new feature, called Spotlight, rolled out on Monday. The company is paying out $1 million a day to top creators. Read more >>

The "Just Go Grind" podcast talks with Myles Hunter, co-founder and CEO of TutorMe, about how his quest to find a co-founder took him to Russia and how he raised funds. Read more and listen here >>