Silicon Beach Report Aug. 24: Net Neutrality Bill Near Passage

L.A. Business Journal

Appetize joins Sidearm Sports; net neutrality bill sent to California assembly; Overwatch League matches broadcast on Twitter

.Net 109

Silicon Beach Report Dec. 18: TicketGuardian Nets $8 Million

L.A. Business Journal

SpaceX plans Air Force satellite launch; Maple Media publishes “Skate Jam;” $8 million raised by TicketGuardian

.Net 100

Silicon Beach Report Aug. 22: Trivia App Nets $250,000

L.A. Business Journal

$250,000 for Totally Bored; Malloy joins the party at Evite; Activision targets PC gamers

Evite 109

Silicon Beach Report Aug. 15: AuditBoard Nets $40 Million

L.A. Business Journal

Risk and compliance software company AuditBoard raises $40 million; Bird, Lime lead e-scooter protest in Santa Monica; Tinder sues parent company

.Net 109

Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. However, rather than obsessing on a single metric, entrepreneurs should focus on improving their Net Profit Score.

.Net 240

Report: Snap's New Chief Business Officer Turning Around Ad Business

socalTECH

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 ? Gorman previously was an executive at Amazon, and was appointed to the position in October. Snapchat is expectedf to generate $1.36

Venice 109

Silicon Beach Report Oct. 1: Justice Department Sues California

L.A. Business Journal

California’s net neutrality legislation brings challenges from the feds; Rapaport promoted at Amazon Studios; more flights From Surf Air

.Net 109

Silicon Beach Report Aug. 7: Katzenberg’s NewTV Raises $1 Billion

L.A. Business Journal

Katzenberg’s short-form video project raises $1 billion; SpaceX hosting mars landing conference; Nexus Technologies acquires Cal Net

.Net 122

Silicon Beach Report Nov. 9: Activision Blizzard Announces Third Quarter Earnings

L.A. Business Journal

SpaceX requests lower launch threshold; Activision nets $1.7 billion third quarter revenues; Tastemade to release a book

.Net 109

Silicon Beach Report Dec. 20: Popdog Launches With $9 Million Funding

L.A. Business Journal

Jet propulsion lab hacked; NASA InSight lander listens for ‘Marsquakes’; $500 million for Musk’s net; Popdog launches, gains $9 million

.Net 100

Snap Inc. Reports Slow User Growth, Shares Drop More Than 25 Percent

L.A. Business Journal

parent company of Snapchat, reported a net loss of $2.2 Snap Inc., 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

Profits Slide at Activision as Competitors Gain Ground

L.A. Business Journal

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 141

Sonos Launches Google Assistant Support, Reports Q2 Results

socalTECH

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. Goleta-based whole home speaker manufacturer Sonos said on Thursday that it has launched Google Assistant on Sonos, allowing Google's voice assistant to run on Sonos "smart" speakers through a software upgrade. According to Sonos, it will begin rolling out the feature next week in the U.S.,

Google 109

Report: Using E-scooters Not So Green, Especially If You'd Be Walking Instead

socalTECH

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. The rise in on-demand, e-scooter companies--such as those from Bird , Wheels , Lime , and many others--has been heralded by companies as being good for the planet and cleaner than other options.

.Net 109

Special Report 2069: Predicting the Internet’s Next 50 Years

Xconomy

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.

Demand Media Reports Profit

socalTECH

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 Demand Media said it had revenues of $73.6M for Q4 of 2010, up 33 percent from the $55.5M in revenues from Q4 of 2009. in a loss in Q4 of 2009.

Demand 130

THQ Reports Loss

socalTECH

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

THQ 130

Boingo Wireless Reports Quarterly Results

socalTECH

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.

.Net 151

Report: The Bay Area Isn’t Bleeding Tech Workers After All

Tech.Co

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.

Western Digital Reports Record Results

socalTECH

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 The company now has now amassed a huge, $3.2 billion in cash and cash equivalents, after generating $1.1 billion in cash from operations in its June quarter. READ MORE>>.

.Net 116

Napster Going To Rhapsody, Says Report

socalTECH

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. Citing "sources familiar with the deal", CNET said that Rhapsody is interested in acquiring Napster from Best Buy, but did not disclose if the deal was in discussions, in progress, or has closed.

.Net 168

Inphi Reports Q3 Results

socalTECH

the maker of high-speed analog semiconductors, has updated its S-1, to reflect the firm's Q3 financials, saying that it had had net income of $3.58M on total revenues of $21.8M That compared with net income of $3.85M on revenues of $18.37M for the same quarter last year. Inphi Corp. , for its quarter ended September 30, 2010.

Report: Amazon's Centers In San Bernardino Means More Jobs, But Not Much Benefit

socalTECH

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. The Atlantic report quotes the former Mayor San Bernardino, Pat Morris, as Amazon's presence "a step back from where we were" as a city.

.Net 100

WD Reports Progress On Flood Recovery

socalTECH

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. Irvine-based Western Digital Corp. , the maker of disk drives, has given an update on its operations, saying last night that it now believes it will restore its manufacturing capacity to pre-flood capability by the quarter ending September 2012.

.Net 116

WD Reports Surge In Revenues

socalTECH

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.

Southern California Leads In Green Businesses, Says Report

socalTECH

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. According to the report , both Los Angeles and the Bay Are were identified as green manufacturing job leaders, with nearly 10,000 jobs in the sector in each region. The report was compiled by research firm Colaborative Economics.

Vitesse Reports Steep Loss, Decline In Revenues For Year

socalTECH

Camarillo-based Vitesse Semiconductor , a developer of communications ICs for the networking industry, reported its yearly results today, saying that it had a net loss of $194.0M in fiscal year 2009, and revenues of $168.2M for the year. The firm's revenues dropped from $228.5M in its fiscal 2008 year. The big loss was primarily due to non-cash expenses of $191.4M for goodwill impairment. According to Vitesse, 2009 was "a challenging year" for the firm.

.Net 116

Snap Revenues Up, But Company Still Posting Big Losses

socalTECH

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 for the year, and a net loss of $1.25

.Net 109

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

Xconomy

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. The results were so encouraging, we’re doing it again. The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital.

Inhibrx Files For IPO

socalTECH

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. La Jolla-based biopharmaceuticals startup Inhibrx has just filed for an IPO, saying in an S-1 filing that it is looking to raise up to $74.75M in an IPO on the Nasdaq Global Market. Inhibrx has applied to trade as INBX. The IPO is being underwritten by Evercore ISI, Barclays, Nomura, and Raymond James.

.Net 116

RA Medical Systems Files For $86.25M IPO

socalTECH

The reported a net loss of $17.765M on net revenues of $5.87M for its year ended December 31, 2017. Carlsbad-based RA Medical Systems , which develops cardiovascular and dermatology catheters and excimer lasers, has filed for an IPO, saying that it is looking to raise up to $86.25M in an IPO on the New York Stock Exchange. RA Medical Systems said it filed to trade under the symbol RMED.

.Net 100

Could you have created a “dirty cap table?”

Berkonomics

Currently that standard requires a minimum of $200,000 in annual income or over one million in net assets, including the value of the investor’s principal residence. Oh, I know.

Invest 184

Crowdfunding: a roar from a young lion

Berkonomics

No single investor invests more than a specified amount in the offering: The greater of $2,000 or 5% of the annual income or net worth of the investor, as applicable, if the investor has annual income or net worth of less than $100,000; or. With help from JJ Richa.

.Net 233

Snap Misses On Revenues, As UI Changes Hit Bottom Line

socalTECH

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 versus and expected $244.5M

Venice 100

ACTIVE Network Wins Three Cities

socalTECH

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. ACTIVE Net is ACTIVE Network''s software that help cities manage reservations at facilities, classes, community programs, and memberships.