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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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Privacy, Net Neutrality, The Social Network, Angelgate and More on TechZulu Law

Tech Zulu Event

TechCrunch Sale to AOL: [link] news/ci_16195749?source=rss& Net Neutrality Dies. Facebook Private Groups. Social Media User's Bill of Rights. source=rss& nclick_check=1. link] com/aol-techcrunch-price-25- million-2010-9. TechCrunch Disrupt Startup Battlefield Gripe Pitch. Wiretapping the Internet.

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THQ To Lay Off 600

socalTECH

THQ also said it would chop sales, marketing, and corporate expenses--including headcount--to try to save an additional $30M annualy. The bad news came in conjunction with its quarterly results, where THQ said it had net sales in the quarter of $357.3M, down significantly from last year when it had net sales of $509.6M.

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Instacart Drops Its Valuation by Almost 40%

Tech.Co

Another reason could be a steep drop in sales growth rate since the start of the pandemic, when many people suddenly became interested in getting groceries dropped off at their door. By ensuring their value isn't bloated, the company will net its employees better equity over time.

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Interview with Tony Farwell, GovX

socalTECH

Tony was the principal investor in STATS, which he sold to News Corp., We have a very sophisticated, online verification system that allows us, and those who license our software-as-a-service, to create a sales channel and marketplace for a specfic, qualified group. Tony told us a bit about GovX: Explain what GovX is about?

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Privacy Advocate Richard Holober on the Tech Backlash of 2017 

Xconomy

We’ve just passed a year full of news about the role of technology companies in U.S. Speculation is rampant about a possible sea change in consumer attitudes toward the tech industry and its products—a shift that might affect sales, the regulatory environment, and other factors important to companies.

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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.