In what may be a real estate industry first, bitcoin will now be accepted for retail and apartment rent at the Grove shopping center and other properties owned by developer Rick Caruso.

@rogervincent reports:…
Caruso announced today that his company has invested in bitcoin as part of a partnership with Gemini, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss.…
Rick Caruso, the operator of nine outdoor malls, acknowledges that there hadn’t been a clamor from tenants to pay rent in bitcoin.

But Caruso says he wants to be prepared as cryptocurrency grows more widely accepted.…
One of Caruso's first tenants to pay in bitcoin may be Elon Musk, who operates a store selling Tesla cars at the Americana in Glendale.

“I haven’t talked to Elon about it,” Caruso said. “He may be the first, as a pioneer, to pay his rent in bitcoin.”…

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More from @latimes

9 Apr
🛑 When California shut down in March 2020, it halted businesses and required people to stay home. 🛑

Tens of thousands of businesses were ordered to close immediately, and most Californians were asked not to go out.… Image
What unfolded over the following year was a dizzying path of openings and closures.

@sandhya__k and @maloym tracked it all ✍️ and found a typical business owner faced seven rule changes over the course of the year.…
📈 📉 Over the year, Californians experienced a complex set of guidelines that frequently changed, varied from county to county and created a whipsaw effect where businesses were open one week and sometimes closed within days. 📉📈… Image
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8 Apr
UC students do not have access to equal resources and services across its 10 campuses.

UC Riverside students fall far behind their peers when it comes to receiving essential services — transfer student support, counseling, academic advising.

Thread 👇…
Many Riverside facilities are in deep disrepair. Students have endured falling ceiling tiles, leaking roofs, antiquated air systems that emit mold and lab equipment breakdowns. Staff morale has been low and turnover high.… Image
Yet the Inland Empire campus educates a larger share of needy students — about half are low-income, underrepresented minorities or the first in their families to attend college — than all other campuses except for UC Merced.…
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8 Apr
Even when state restrictions lift, experts say it may be a year or more before California convention centers host the kind of mega-crowds that flocked to Comic-Con, NAMM and E3 in past years.

@hugomartin reports:…
Among the reasons for the smaller events: State officials say COVID-19 protocols for large-scale indoor events will require testing or vaccination verifications, which could exclude some would-be attendees.…
Surveys show that many business travelers still don’t feel safe meeting face-to-face indoors with thousands of strangers.…
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8 Apr
As supplies of the vaccine have increased recently some parts of California now have periodic excess.

And that is leading officials to make doses available to all adults, even those not eligible under current rules.…
That occurred this week in several places, including Riverside County, Bakersfield, the Bay Area and even parts of Los Angeles. But those extra slots have been filled quickly, leading some to be turned away.…
Vaccines remain hard to get for some. But in some parts of the state, access is being thrown open.…
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By Thursday morning, the site had so many walk-ins that staff started turning people away, said Brian Ferguson, a spokesman with the Office of Emergency Services.

“They weren’t turned away because of eligibility, just because of availability,” he said.…
Ferguson said the decision to cut off walk-up access was based on the rate that people with appointments were filling up at the site.…
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8 Apr
A group of parents — who say their children have been illegally shortchanged by Los Angeles Unified School District’s return-to-school plan — is seeking a court order to force the district to reopen “to the greatest extent possible” within seven days.…
The lawsuit, filed late Wednesday, asks the court to prohibit L.A. Unified from using a six-foot distancing standard in classrooms because it effectively prevents the school district “from providing in-person instruction to the greatest extent possible.”…
It also seeks to prohibit the district from requiring students to take regular coronavirus tests as a condition for returning to campus.…
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