Silicon Beach Report Aug. 24: Net Neutrality Bill Near Passage
L.A. Business Journal
AUGUST 23, 2018
Appetize joins Sidearm Sports; net neutrality bill sent to California assembly; Overwatch League matches broadcast on Twitter
Report: Snap's New Chief Business Officer Turning Around Ad Business
socalTECH
AUGUST 5, 2019
According to a report from CNBC , a new Chief Business Officer--Jeremi Gorman--has completely changed Snap's advertising business. billion in net worldwide ad revenue this year, a 30% increase over 2018, according to the CNBC report. What's behind the turnaround in the online ad business of Venice-based Snap ? READ MORE>>.
Report 
113
113 Join 5,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Snap Inc. Reports Slow User Growth, Shares Drop More Than 25 Percent
L.A. Business Journal
MAY 10, 2017
parent company of Snapchat, reported a net loss of $2.2 billion (-$2.31 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March.
Report 145
145 
Silicon Beach Report Aug. 15: AuditBoard Nets $40 Million
L.A. Business Journal
AUGUST 15, 2018
Risk and compliance software company AuditBoard raises $40 million; Bird, Lime lead e-scooter protest in Santa Monica; Tinder sues parent company
.Net 113
113 
Stamps.com Profit Plunges After Ending Postal Service Partnership
L.A. Business Journal
AUGUST 7, 2019
In its first quarterly earnings report since terminating the agreement, Stamps.com posted a net income of $14 million, down 69% from $45.5 million this time last year.
.Net 187
187 
Report: Amazon's Centers In San Bernardino Means More Jobs, But Not Much Benefit
socalTECH
FEBRUARY 5, 2018
A report, published this weekend by The Atlantic, says that despite offering lots of jobs to workers in San Bernardino, the net result has been less pay and a lot less stability--and even an increase in the poverty rate in the city. READ MORE>>.
Report 113
113 
Startups Should Focus On Their Net Profit Score Not Potential Promoters
InfoChachkie
MARCH 23, 2015
As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. A company''s Net Promoter Score (NPS) is a beloved metric slavishly tracked and reported by product marketing and customer support executives of both established and nascent enterprises.
.Net 100
100 
Snap Revenues Rise as User Growth Slows
L.A. Business Journal
JULY 21, 2020
the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30. While the company has beaten revenue expectations, it continues to see an increase in net loss.
Santa Monica 130
130 
Activision Blizzard Beats Earnings Outlook in Third Quarter
L.A. Business Journal
OCTOBER 30, 2020
outperformed earnings projections in the third quarter, reporting $1.95 billion in net revenue. Activision Blizzard Inc.
Activision 130
130 
Tinder Boosts Earnings for Parent Match Group
L.A. Business Journal
FEBRUARY 14, 2020
Dating app owner Match Group reported an estimated 16% annual increase in net income in fiscal 2019, due largely to Tinder, its highest-performing subsidiary.
.Net 130
130 
Silicon Beach Report Aug. 22: Trivia App Nets $250,000
L.A. Business Journal
AUGUST 22, 2018
$250,000 for Totally Bored; Malloy joins the party at Evite; Activision targets PC gamers
Evite 113
113 
Demand Media Reports Profit
socalTECH
FEBRUARY 22, 2011
Santa Monica-based Demand Media , the internet publishing firm headed by Richard Rosenblatt, reported its fourth quarter and fiscal 2010 results today, the first as a public company. The firm also reported net income of $1.0M, versus $3.9M The firm reported net loss of $5.3M in revenues from Q4 of 2009.
Demand 145
145 Napster Going To Rhapsody, Says Report
socalTECH
OCTOBER 3, 2011
A report today says that Napster , the online music service now owned by Best Buy, is being sold to Rhapsody. Los Angeles-based Napster was acquired by Best Buy in September of 2008 in a deal which was worth net value of approximately $54M. READ MORE>>.
Report 203
203 VIZIO Files For IPO
socalTECH
MARCH 2, 2021
The company reported 102M in net income on just over 2.0 billion in net revenues for the year 2020. .; V-TW Holdings, LLC; Innolux Corporation; and Foxconn Assembly Holding Corporation. VIZIO CEO William Wang owns 100% of the company's Class B shares.
.Net 113
113 
Western Digital Reports Record Results
socalTECH
JULY 26, 2012
Irvine-based disk drive maker Western Digital reported its annual results last night, saying that it had record revenues of $12.5 billion, and net income of $1.6 billion and $726 million in net income. billion for its fiscal 2012. The publicly held company said that compares to a fiscal 2011 revenue of $9.5
Report 124
124 
Silicon Beach Report Aug. 7: Katzenberg’s NewTV Raises $1 Billion
L.A. Business Journal
AUGUST 7, 2018
Katzenberg’s short-form video project raises $1 billion; SpaceX hosting mars landing conference; Nexus Technologies acquires Cal Net
.Net 133
133 
Boingo Wireless Reports Quarterly Results
socalTECH
JUNE 8, 2011
Los Angeles-based Boingo Wireless , the operator of a network of Wi-Fi access points, has reported its first quarterly results as a public company. The firm reported a net loss of $329,000, versus a net loss of $127,000 for Q1 last year. Boingo said it had revenues of $21.0M, up from $18.5M for the first quarter of 2010.
Report 124
124 
Silicon Beach Report Oct. 1: Justice Department Sues California
L.A. Business Journal
OCTOBER 1, 2018
California’s net neutrality legislation brings challenges from the feds; Rapaport promoted at Amazon Studios; more flights From Surf Air
.Net 113
113 
Sonos Launches Google Assistant Support, Reports Q2 Results
socalTECH
MAY 10, 2019
Sonos announced the launch along with its Q2 results, where it said it saw Q2 revenues of $210M, up 13 percent, year over year; the company had a net loss of $23M on those revenues. According to Sonos, it will begin rolling out the feature next week in the U.S., with more markets to come over the next few months. READ MORE>>.
Google 113
113 
ZipRecruiter Files For IPO
socalTECH
APRIL 26, 2021
The company reported net income of 86.0M Los Angeles-based ZipRecruiter, a provider of recruiting tools for companies, has filed for an IPO, saying it is looking to raise as much as $100M in a public offering. The company, led by founder and CEO Ian Siegel, plans to list on the New York Stock Exchange under the symbol ZIP.
.Net 113
113 
Evofem Biosciences Raises $50M In Offering
socalTECH
MAY 21, 2021
San Diego-based Evofem Biosciences, a developer of biopharmaceuticals for female reproductive health, reported it raised $50M in its previously announced public offering. It said it will net approximately $46.6M after underwriting discounts, commissions, and expenses.
San Diego 113
113 
WD Reports Progress On Flood Recovery
socalTECH
JANUARY 24, 2012
The update came as WD reported revenues of $2.0 billion and net income of $145M for its Q2, down from $2.5 billion and net income of $225M fro the similar quarter a year ago. WD was one of many manufacturers with operations in Thailand whose factories were inundated by historic flooding in that country. READ MORE>>.
Report 124
124 Veritone Picks Up $6.5M In PPP Loans
socalTECH
APRIL 20, 2020
Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M Veritone has over 300 employees and had 2019 net revenues of $49.6M. in loans under the Paycheck Protection Program (PPP).
Snap Revenues Up, But Company Still Posting Big Losses
socalTECH
FEBRUARY 6, 2019
Santa Monica-based Snap , the parent firm of Snapchat, reported its results on Tuesday afternoon, saying that its fourth quarter revenues were up 36 percent to a record, $390M. However, the company is still posting big losses, saying it had a net loss of $191.7M Snap reported revenues of $1.18 billion.
Company 113
113 Profits Slide at Activision as Competitors Gain Ground
L.A. Business Journal
AUGUST 8, 2019
The Santa Monica-based video game publisher behind popular games such as “Call of Duty” and “Overwatch” saw its profits decline more than 18% from this time last year, reporting a net income of $328 million.
Slides 113
113 
Silicon Beach Report Dec. 20: Popdog Launches With $9 Million Funding
L.A. Business Journal
DECEMBER 20, 2018
Jet propulsion lab hacked; NASA InSight lander listens for ‘Marsquakes’; $500 million for Musk’s net; Popdog launches, gains $9 million.
.Net 100
100 Snap Sees Increase In Active Users, Revenue Increase
socalTECH
APRIL 22, 2020
Santa Monica-based Snap , the parent company of Snapchat , reported its first quarter 2020 financials on Tuesday afternoon, saying that it has seen an increase in both its daily active users and revenues. Despite the increase in usage and revenues, Snap still reported a net loss of $306M in Q1 2020. READ MORE>>.
Activity 113
113 
Silicon Beach Report Nov. 9: Activision Blizzard Announces Third Quarter Earnings
L.A. Business Journal
NOVEMBER 9, 2018
SpaceX requests lower launch threshold; Activision nets $1.7 billion third quarter revenues; Tastemade to release a book
Activision 113
113 
ZipRecruiter Files For Direct NYSE Listing
socalTECH
APRIL 26, 2021
The company reported net income of 86.0M Los Angeles-based ZipRecruiter, a provider of recruiting tools for companies, has filed for a direct listing on the NYSE, saying it is looking to raise as much as $100M in a public offering. on revenues of 418.14M for the year ended December 31, 2020.
.Net 100
100 THQ Reports Loss
socalTECH
MAY 6, 2009
Agoura Hills-based video game maker THQ reported its yearly results Wednesday afternoon, reporting that it saw a net loss of $431.1M For the quarter, the firm said it had a net loss of $96.9M on net sales of $170.3M, compared with a net loss of $34.5M on sales of $830.0M. the firm lost on sales of $1,030.5M
THQ 100
100 RA Medical Systems Files For $86.25M IPO
socalTECH
JULY 17, 2018
The reported a net loss of $17.765M on net revenues of $5.87M for its year ended December 31, 2017. RA Medical Systems said it filed to trade under the symbol RMED. The IPO is being underwritten by Piper Jaffray, Cantor, SunTrust Robinson Humphrey, and Nomura. READ MORE>>.
.Net 100
100 
Former CEO Of Startup Pleads Guilty To Defrauding Tech Bank
socalTECH
MAY 10, 2021
Lewis reportedly prepared false balance sheets and income statements, which falsely overstated, among other things, Blue Wave Media's net worth, liquidity, and revenue, according to prosecuters. Attorney's Office, Lewis schemed to defraud Silicon Valley Bank, a Santa Clara-based commercial bank that funds start-up technology companies.
Startup 113
113 
Southern California Leads In Green Businesses, Says Report
socalTECH
OCTOBER 7, 2010
A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. The report was compiled by research firm Colaborative Economics.
WD Reports Surge In Revenues
socalTECH
JANUARY 22, 2010
Lake Forest-based Western Digital joined a chorus of Orange County firms reporting strong results for the most recent quarter, saying Thursday afternoon that it had revenues of $2.6 in revenues and net income of $429M, up significantly from its results a year ago, when it had revenues of $1.8 million units, and net income of $14M.
Orange County 124
124 Inhibrx Files For IPO
socalTECH
JUNE 4, 2019
The company reported a net loss of $31.02M in 2018 on revenues of $8.5M; the company's current revenue stream includes both license fees and grants. Inhibrx has applied to trade as INBX. The IPO is being underwritten by Evercore ISI, Barclays, Nomura, and Raymond James.
.Net 124
124 
Snap Misses On Revenues, As UI Changes Hit Bottom Line
socalTECH
MAY 2, 2018
Venice-based Snap , the parent company of Snapchat, missed its estimated revenue targets in Q1, reporting revenues of $230.7M consensus estimate by analysts, as the company reported issues due to the controversial user interface changes at the company during the quarter. The company reported a net loss of $385.8M
Snapchat 100
100 Report: Using E-scooters Not So Green, Especially If You'd Be Walking Instead
socalTECH
AUGUST 5, 2019
That said, according to those researchers, if an e-scooter is being used to replace a personal automobile--as opposed to transportation modes like walking or riding a bicycle--then there is a net reduction in environmental impact of using those devices. Image: Bird's scooters in Paris READ MORE>>.
Study 113
113 j2 Global's Q1 Revenues Rise To $299.9M
socalTECH
MAY 8, 2019
Los Angeles-based J2 Global , the owner of such Internet publishing brands as IGN, Mashable, PCMag, Everyday Health, and also cloud services such as eFax, eVoice, KeepItSafe, and Livedrive, reported its quarterly results on Tuesday evening, saying that its quarterly revenues rose to a record of $299.9M.
Special Report 2069: Predicting the Internet’s Next 50 Years
Xconomy
JULY 2, 2019
Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. [ Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century.
.Net 87
87 Report: The Bay Area Isn’t Bleeding Tech Workers After All
Tech.Co
APRIL 11, 2018
You’d be forgiven, then, for assuming the city is seeing a net loss of tech workers. But, you’d be wrong, according to a new report out from LinkedIn. LinkedIn’s April report on the state of the U.S. And, as it turns out, reports of Silicon Valley’s destination demise have been greatly exaggerated.
Report 70
70 
Super League Gaming Sees IPO, But Drops In Debut
socalTECH
FEBRUARY 26, 2019
The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. Super League Gaming's IPO was underwritten by Northland Capital Markets, Lake Street, and National Securities Corporation. Super League Gaming is led by President and CEO Ann Hand. READ MORE>>.
Santa Monica 113
113 
ACTIVE Network Wins Three Cities
socalTECH
FEBRUARY 12, 2014
San Diego-based ACTIVE Network is expanding its footprint in the parks and recreation management market, reporting this morning that it has signed up the cities of Phoenix, Portland, and Denver as customers of its ACTIVE Net software. Financial impact of the wins were not announced.
Activity 147
147 
Snap Sees Active User Increase, But Still Seeing Steep Losses
socalTECH
APRIL 24, 2019
the parent firm of Snapchat , reported its quarterly results on Tuesday afternoon, saying that its daily active users (DAU) increased by 2 percent quarter-to-quarter, to 190 million. However, Snap continues to post steep losses, saying it had a net loss of $310M in Q1 of 2019, on revenues of $320M. Santa Monica-based Snap Inc. ,
Activity 113
113 
Let's personalize your content