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"The demand for leading women has grown, we want to provide opportunity for connection, action and elevation among black women and our allies."
Reporter Rachel Uranga gives us a little insight into Debra Lee's "Leading Women Defined" initiative to fund projects by more women of color. Meanwhile, we have a look at what's happening at Irvine boutique electric car-maker Karma Automotive, which has laid off 25% of its staff since October. Soylent is parting ways with its CEO, and NASA introduces us to some of their findings from a "space snowman" named Arrokoth.
Luxury electric carmaker Karma Automotive laid off 60 people, mostly from its Irvine headquarters as it pivots from a retail auto seller to a designer for larger vehicle makers and technology companies. That's on top of another 200 workers cut three months ago, shrinking its workforce by about 25% since October. Read more
Former BET Networks chief Debra Lee found it lonely at the top as one of the only women of color in the C-suite, so more than a decade ago she created Leading Women Defined.
Lee's looking to expand the invite-only gathering of powerful women that draws players such as Michelle Obama and Hillary to a larger pool of founders, funders and others. On Tuesday, Lee hosted the first fireside chat at Blackbird, a new co-working space for women of color in Culver City. Read more
Soylent, the Los Angeles-based meal replacement startup, has shaken up its top ranks with Chief Executive Bryan Crowley stepping down.
The company's chairman and co-founder said in a blog post that the leadership change comes as Soylent looks to change its strategy and product line to "re-focus" on its core products and bring new "innovative ideas" to the market. "We still have a lot of work to do to fulfill Soylent's mission," he wrote. Read More
Arrokoth, the space snowman that was the focus of a close encounter with NASA's New Horizons probe last year, is helping scientists answer a cosmic question: How did the building blocks of the solar system get their start? Scientists say several new clues have led them to the conclusion that Arrokoth's two constituent pieces formed in the same neighborhood of the primordial solar system and came together. "This is a game-changer," says one planetary scientist. See Images and Read More