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Qualstar Continues To Look At Strategic Options

socalTECH

Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. for the quarter ended December 31, 2016. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M

Layoffs 113
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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform. Founder and CEO Kevin Czinger didn’t provide specific numbers.

Startup 251
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Machinima Lays Off Most Employees, Ceases Operations, Say Reports

socalTECH

in 2016, in a deal then reported as worth less than $100M. Machinima first started developing its gaming-related content back around 2008, and helped usher in a healthy investment market for multi-channel-networks, companies which aggregated multiple YouTube creators and channels into a single media company.

Report 127
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OneRoof Energy Cuts Staff, Starts Winding Down Operations

socalTECH

San Diego-based residential solar power installer OneRoof Energy said late Friday that it has "significantlyr educed" its work force, and has begun winding down its operations, after it said it was unable to secure financing necessary to continue sales, marketing, and development. READ MORE>>.

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Xconomy’s Top Innovation Stories of the Half Year

Xconomy

Here we are at the midpoint of 2016 already. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. The Xconversation: Vaccine Developer Meets Energy Innovator. Time to look back on the past six months—and some of the top stories of the year so far. Amid Leadership Changes, NY Biotech Braces for Its Pivotal Moment.

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

—The 2016 Nobel Prize for Physiology or Medicine went to Yoshinori Ohsumi of the Tokyo Institute of Technology. —Sarepta Pharmaceuticals (NASDAQ: SRPT ) struck a second deal in as many weeks to develop combination therapies for Duchenne muscular dystrophy. . —The U.S. THE ENVELOPE, PLEASE.