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THQ Raises Q4 Outlook

socalTECH

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million.

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THQ To Lay Off 600

socalTECH

Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. THQ said the move was a response to the continuing uncertainty in the market. READ MORE>>.

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CommNexus Military SIG presents: Capt. Kohlheim

SoCal Tech Calendar

See [link] (more).

.Net 100
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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

Demand Media / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp. com, and was CEO of Vivendi Universal Net USA. Getting lots of notice--and controversy--at Demand Media for its use of writers to create content specifically to attract web traffic.

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ORA Smart Glass | Augmented Reality Glasses

Tech Zulu Event

Optinvent offers two different models: ORA-1, for the developers and ORA-X, for the consumers. It runs on a generic Android OS to let developers easily create new apps for the ORA. We have a very generic version of Android, which is very developer-friendly.

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Bio Roundup: FDA Says No, PCSK9 Value Fight, CRISPR Intrigue & More

Xconomy

And once in a while, a defender uses his or her face, inadvertently, to block a ball spiked over the net. The CRISPR news this week doesn’t need a metaphor; the drama that MIT Technology Review reported can stand alone. Here’s more on Radius’s drug and osteoporosis care from the New York Times. Talk about sacrifice.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. The point is, this stuff is hard, and the people who have been building in public are hurting even as they spend billions to develop the tech.

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