Guy Pearce said Kevin Spacey ‘targeted’ him during ‘LA Confidential,’ and he ‘broke down’ after hearing he was accused of sexual assault

Guy Pearce and Kevin Spacey. Guy Pearce said that Kevin Spacey sexually harassed him in 1996 on the set of the neo-noir thriller, “L.A. Confidential.” Pearce said he ignored his advances, but “broke down” when Spacey was accused of sexual assault in 2017. “L.A. Confidential” tells the story of three police officers, played by Pearce,…

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Southwest Airlines is cutting 15% of its workforce in its first-ever mass layoff. Read the CEO’s full memo to employees.

Southwest Airlines said it would lay off 15% of its corporate workforce. Southwest Airlines said on Monday that it would slash 15% of its corporate workforce, or about 1,750 employees. The cuts are the first major layoffs in Southwest’s 53-year history and the airline’s latest response to its financial woes as its profits plunge. The…

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Customer data startup Hightouch raises new funding at $1.2 billion valuation in round led by Sapphire Ventures

Hightouch cofounders Tejas Manohar, Josh Curl, and Kashish Gupta. Hightouch, a data activation platform for sales and marketing teams, has raised $80 million in Series C funding. Sapphire Ventures led the round, which values Hightouch at $1.2 billion. Iconiq Growth, Bain Capital Ventures, Amplify Ventures, and NVC also participated in the financing. The San Francisco-based…

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Why Slow Ventures raised $60 million to invest in creator businesses — and how it’s structuring deals

Slow Ventures partners Sam Lessin and Megan Lightcap. YouTubers are the new Stanford dropouts. Slow Ventures, an early-stage VC firm, launched a new $60 million fund focused on investing in content creators. It’s looking for creators with the “DNA of a YC founder,” Megan Lightcap, a partner leading Slow’s creator fund, told B-17, referring to…

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