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Global Economic Outlook for 2013

SoCal Tech Calendar

Wednesday, January 9, 2013 -- Global Economic Outlook for 2013. The global economy faces serious headwinds, including the lingering effects of the American recession, slowing demand among our European and Asian trading partners, apparent gridlock in Washington over the 'fiscal cliff', and a long list of other issues.

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Demand Media Loses CFO As Revenues Decline

socalTECH

Santa Monica-based Demand Media said Monday afternoon that it has lost its CFO, Mel Tang, who the company said will depart at the end of the year. 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 READ MORE>>.

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Demand Media Gets Second $100M+ Quarter

socalTECH

Santa Monica-based online digital media publisher Demand Media keeps on getting bigger and bigger. for its quarter, which ended March 31, 2013. demand media earnings domain content publishing creativebug' The firm reported its latest quarterly results Tuesday, reporting $100.6M in total revenues, its second $100M plus quarter.

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Demand Media Sees Steep Drop In Content Revenues

socalTECH

Santa Monica-based Demand Media reported a steep drop in revenues for the last quarter, saying that it had $89.8M in revenues for the similar quarter in 2013. According to Demand Media, the drops were the result of a 24 percent decline in content and media revenue, which came despite a slight increase in traffic. READ MORE>>.

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Los Angeles To See Clearwire LTE In 2013

socalTECH

Clearwire--which currently offers up 4G wireless in Los Angeles using the WiMAX wireless protocol--said that it will roll out its TDD-LTE network to New York City, San Francisco, Los Angeles, Chicago and Seattle, in early 2013, among 31 cities it plans to launch overall in 2013.

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Homejoy Shuts Doors To On-Demand Home Services

socalTECH

Homejoy , one of the many, on-demand startups serving the Los Angeles area, said today that it will be shutting down its services, and will be closing on July 31st. READ MORE>>.

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LA Startup Report 2013 | A Rising Forecast

Tech Zulu Event

94 new startups have launched since January 2013 to June 2013 and the startup ecosystem has raised $500 million in funding in 2013 so far. Google, Hulu, Riot Games, Demand Media, and many other big name players residing in Silicon Beach, it is no small wonder why many tech startups flock towards the sunny beach-side view.

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