L.A. Tech Scandal, Transit Breakthrough, VC Surge, and Fire Victims Fight Back

Headlines From The Times

L.A. Times Studios

News, Daily News, Society & Culture, The Times, California

4.1 • 544 Ratings

🗓️ 9 June 2025

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

A legal battle between a startup founder and a venture capitalist is rocking L.A.’s tech scene. Metro finally opens a long-awaited transit hub to connect travelers to LAX. Venture capital is pouring into Southern California startups, expanding far beyond AI. And wildfire victims are suing major insurers, claiming they were sold policies that left them without enough to rebuild.

Transcript

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0:00.0	This is an LA Times Studios podcast.
0:10.0	Hi, I'm Cairo Jondu at LA Times Studios.
0:13.0	Here are some of today's top headlines from the Los Angeles Times.
0:18.0	A bitter tech world legal battle is unfolding in LA and is getting ugly fast.
0:23.6	Sonia Sharp reports Maway founder Jessica Ma, an investor Justin Caldbeck, are suing
0:29.6	each other launching a storm of allegations.
0:32.6	Ma says Caldbeck sexually harassed her and tried to extort her after she said no.
0:38.7	Callback claims Ma misled investors and spent company money on a private jet and luxury lifestyle.
0:45.7	Three former Marway executives have now filed suits with allegations ranging from sexual harassment to fraud.
0:52.7	Each side claims the other is lying and trying to destroy their career.
0:56.9	For more details on the high-stakes LA Tech Showdown, head to the full article.
1:02.7	After decades of waiting, LA is finally one step closer to having a transit link to LAX.
1:09.1	Colleen Shelby reports, the new LAX Metro Transit Center is now open, with shuttles running
1:14.9	every 10 minutes to the airport.
1:16.7	Next year, the connection will get even easier when the long-awaited automated people
1:21.6	mover debuts.
1:22.6	The $900 million transit hub features electric bus bays, a bike hub, short-term parking, and easy
1:30.2	access to both the K and the C metro lines.
1:33.6	The project marks a major win for LA ahead of the World Cup and 2020 Olympics.
1:39.0	Officials say it closes a big gap in this system and will make life easier for travelers
1:43.3	and airport workers alike.
1:45.2	The station is now open on Aviation Boulevard and 96th Street.
	...

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