Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share).

Demand Media Gets Second $100M+ Quarter

socalTECH

The firm reported its latest quarterly results Tuesday, reporting $100.6M The company also reported net income of $0.7M for its quarter, which ended March 31, 2013. Santa Monica-based online digital media publisher Demand Media keeps on getting bigger and bigger. in total revenues, its second $100M plus quarter.

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Amgen Completes Onyx Pharmaceuticals Tender Offer

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Thousand Oaks-based Amgen reported this morning that it has completed its tender offer for Onyx Pharmaceuticals , and now expects its acquisition to complete today. billion net of estimated cash at Onyx. Amgen said the deal is worth $9.7 Amgen is paying $125 per share in cash for publicly held Onyx Pharmaceuticals, a developer of biopharmaceuticals for treating cancer. The deal had originally been announced in August. READ MORE>>.

ACTIVE Network Seeks Buyer

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Active Network reported a net loss of $2.7M for the three months ended June 30, 2013. San Diego-based sports and activity registration provider Active Network appears to be looking for a buyer, or maybe an outside investment, saying yesterday that it has created a committee to evaluate "strategic transactions". The company said it has received interest from outside parties in both investment in ACTIVE Network to acquisition of the company.

CapLinked Goes Mobile | Announces New Features For iPad To Put Virtual Data Rooms on Notice

Tech Zulu Event

CapLinked, Cloud-based enterprise platform for deal management and investor reporting, Wednesday announced a new suite of enterprise features in a move to take transactions mobile. The firms Enhanced Reports which can be viewed and downloaded will establish a thorough audit trail.

Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

—Colorado-based Webroot said in September it had acquired CyberFlow Analytics , the 2013 startup developing analytic software and machine learning technology to monitor the data flowing in and out of networks for anything that looks out of the ordinary. I widened my net this year. View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016.

Activision Blizzard Sees Higher Than Expected Sales In Q1

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The company reported net revenues of $1.111 billion, compared with an earlier expectation of only $885M in sales. Despite the better than expected results, the sales were still down from the first quarter of 2013, when the company reported $1.32 Santa Monica-based videogame publisher Activision Blizzard said late Tuesday that it saw better than expected financial results for the first quarter of 2014.

Demand Media Loses CFO As Revenues Decline

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The announcement was made as Demand Media reported its third quarter 2014 results. Demand Media reported $41.3 ‌in revenues for the third quarter, down from $50.7M in revenues in the third quarter of 2013, or a decline of 19 percent. The company also reported a net loss of $223.8M, compared with a loss a year ago of $10.4M.

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Broadcom Wins Permanent Injunction Against Emulex

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Irvine-based Broadcom has been granted a permanent injunction against Costa Mesa-based Emulex , in a patent infringement suit, covering a number of Emulex's Fibre Channel switch products, the two firms separately reported this morning.

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How to Kick Start Your Community’s Startup Scene

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The problem that I’ve seen historically in cities like Los Angeles, San Diego or Seattle is that their historic high-net-worth individuals didn’t come from the tech startup world. It’s worth having a quick read of the first few paragraphs of their annual report.

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

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billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. But our best Internet software engineers have historically been exported on a net basis to the Bay Area.

LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. LabCorp reported $8.5 In 2013, when Sequenom reported a $107.4

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What Should You Do with Your Crappy Little Services Business?

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It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. This post originally appeared on TechCrunch. There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses.

The Five Major Tech Trends of 2016

Xconomy

Back in 2013, Google reported that 90 percent of multiple device owners switch between screens to complete tasks, using an average of three different combinations every day.