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New Orleans technology company TurboSquid bought by Shutterstock for $ 75 million | Business news

Shutterstock, a publicly traded company with a current market value of approximately $ 2.7 billion, is an online marketplace for digital assets such as photos, film and other visual images. General Electric Co. said it will close its technology center in New Orleans and lay off all 100 employees in its Place St. Charles office, deali … The acquisition of TurboSquid, which has approximately 40 employees in New Orleans and a similar number in other locations worldwide, gives Shutterstock a gre...
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New Orleans tech company TurboSquid bought by Shutterstock for $75M [The Times-Picayune

New Orleans tech company TurboSquid bought by Shutterstock for $75M [The Times-Picayune | The New Orleans Advocate] Jan. 26—TurboSquid, an online marketplace for 3D digital models and one of New Orleans’ most prominent homegrown technology firms, was sold Tuesday to New York-based Shutterstock for $75 million. Started by New Orleans natives Matt and Andy Wisdom in 2000, TurboSquid grew out of a separate digital imaging company that designed trees, cars, and other digital creations used by v...
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The Debt We Owe

The Debt We Owe Executive Director, MHV It is now January and the Mennonite Heritage Village is hosting our auditor, preparing to send out our donations receipts and making our plans for the months ahead. The staff are also busy preparing their budgets for 2021. Fortunately, 2020 was a good year financially for MHV, but more about that in a future article. What follows is a bit of a rant, but please read to the end for the positive ending. We all have a lot of debts these days. We owe our gover...
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St. Rose project to provide hydrocarbon fuel blend for power, maritime industries

St. Rose project to provide hydrocarbon fuel blend for power, maritime industries 1/15/2021 Gov. John Bel Edwards and Arq CEO Julian McIntyre announced the company will develop an industrial facility in St. Rose, Louisiana, to produce Arq’s proprietary Arq Fuel™ product. The site will receive an intermediate wet-cake material produced from discarded mined materials, and will transform it into a cleaner and valuable blending component for oil products entering the power-generation and marine...
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Another round of payroll loans targeted to help struggling businesses

Another round of payroll loans targeted to help struggling businesses (Source: WSFA 12 News) By Amanda Roberts | January 12, 2021 at 10:40 PM CST - Updated January 13 at 5:51 PM NEW ORLEANS (WVUE) - The federal government launched another round of the paycheck protection program, or PPP this week. Throughout the pandemic, Chef Frank Brigtsen has kept safety top of mind for his staff at his flagship restaurant which meant a good dose of creativity. “In the last 10 months, I wrote coo...
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Source: wafb.com

Opinion | The Second Impeachment: 'President Trump Betrayed His Country'

I thought it was impossible for Mitch McConnell to get more opportunistic and craven, but I was wrong. Now he thinks impeachment is a good idea because it will help the G.O.P. sever all ties with President Trump? Now that he has gotten his judges and his tax cuts and cuts to regulation, and done his Big Business masters’ bidding, Mr. Trump is expendable. Not to mention Mr. Trump’s radioactive effect on fund-raising after the disaster at the Capitol. It has a certain karma to it. This ...
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