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Demand Media Names Domain Spinoff, Appoints Execs

socalTECH

Santa Monica-based Demand Media said this morning that it has come up with a name for its domain name services group, which it is in the midst of spinning off into an independent company. Demand Media said the new company will be named Rightside Group, Ltd. , Naidu has been head of Demand Media''s domain business since 2011.

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Demand Media Sweetens Executive Pot

socalTECH

Ahead of its IPO, Santa Monica-based Demand Media , the online domain name and media publishing business run by Richard Rosenblatt, updated its IPO filings Thursday, saying that it has granted $30.8M million of its shares, upon the completion of an IPO before March 31, 2011. READ MORE>>.

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Schlep & Fetch: Delivering Anything and Everything, On Demand

socalTECH

On-demand, delivery startup Schlep and Fetch (www.schlepandfetch.com) wants to be the place you contact first to get practically anything delivered for you, whether that's a food order or something you forgot to pick up from home. Bryson Strauss: We are an on-demand delivery service. How does Schlep and Fetch work?

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Evercar: Making EVs The Vehicles Of Choice For On-Demand Drivers

socalTECH

In the world of on-demand driving�such as driving for Uber and Lyft--one of the biggest costs for drivers it the cost of owning, maintaning, fueling, and cleaning their vehicles. By doing this, and also by using primarily electric vehicles, we can provide this service at a price which is cheaper than using your own car.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? Why Build a Services Business in the First Place?

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Los Angeles To Get Restaurant Deliveries Via Uber

socalTECH

The move comes after the shutdown of Sidecar Technologies, the onetime Uber competitor which had recast itself as an on-demand restaurant delivery app; Sidecar just sold its assets to General Motors this week. The move is part of a rush to offer restaurant delivery services nationwide by on-demand companies. READ MORE>>.

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Hulu Sells Off Japanese Business

socalTECH

Los Angeles-based streaming television service Hulu announced late Thursday that it is selling its Japanese business to Nippon Television Network Corporation (Nippon TV). Nippon TV said it would use the acuqisition to enter into the subscription, video-on-demand business. Financial terms of the deal were not disclosed. READ MORE>>.

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