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Silicon Beach Report Jan. 8: GoPro layoffs, Grindr founder leaving, new lights for Ring’s smart doorbells

L.A. Business Journal

GoPro announced layoffs and cost-cutting as the camera and software company exits the drone business; video doorbell maker Ring has acquired light maker Mr. Beams; and the founder of dating app Grindr is stepping down following the company’s acquisition by a Hong Kong-based mobile gaming company.

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Google Confirms Motorola Mobility 4000 Layoffs

Tech Zulu Event

Google has confirmed the firing of 20 percent of Motorola Mobility employees. Google will also simplify Motorola’s mobile product portfolio to profitability. Motorola Mobility will drop the manufacture of feature phones to profitable devices. Motorola annual financial report is here. Google will however feel the layoffs.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S.