Thu.Jan 05, 2023

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Looking to be acquired? Think the 10/40 or 20/20 rules.

Berkonomics

Public companies looking to acquire your growing enterprise usually have a few financial measures that help them weed out those candidates that will be too expensive in terms of effort or of too little financial attractiveness. The first rule: 10/40: One of my company CEOs recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises.

.Net 156
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Insights: Tony Greenberg: Three Predictions for 2023

socalTECH

For our Insights and Opinions section today, we have Three Predictions for 2023: Decentralization Now, Post-Speculation, and Surviving Irrational Markets (from Tony Greenberg) The death of decentralization-washing is key to the great decoupling Net cash inflows into the market shift from speculation to revenue -- and determine winners Markets continue to stay irrational longer than you can stay solvent -- so everyone needs help.

.Net 100
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Report: Autonomy Running Out Of Money

socalTECH

A report from Business Insider says that Los Angeles-based electric vehicle subscription company Autonomyis running out of money and in "dire straits". According to the report, the company--which offers up Tesla vehicles on a subscription basis--is in the midst of attempting to find emergency funding. The company appears to have been hit by the same winds that have caused Tesla's stock price to plunge in recent weeks.

Report 100
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Amazon To Cut 18,000, Unclear On Hollywood Impact

socalTECH

Amazon.com said on Wednesday that it is cutting 18,000 people from its work force, including roles in its Devices and Books business, plus People, Experience, and Technology (PXT) organization -- the latest cuts in the technology industry. It's unclear how those cuts might affect the company's efforts in Hollywood, where Amazon has a significant presence.

Hollywood 100
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Ring Opens Preorders For Car Cam

socalTECH

Los Angeles-based Ring, now part of Amazon, has opened up pre-orders for its Car Cam, the company's version of a dashboard camera. The product includes two cameras, one for both the exterior and interior, and also includes a microphone and speaker which allows owners to communicate through the device. The product--first announced in 2020--was supposed to ship in 2021.