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THQ Reports Loss

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Agoura Hills-based video game maker THQ reported its yearly results Wednesday afternoon, reporting that it saw a net loss of $431.1M The firm reported that it now has 1,200 people in its product development organization, after it cut 600 people during its fourth quarter. on sales of $830.0M. a year ago. a year ago.

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THQ Ties With Random House Publishing

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Agoura-based THQ , the videogame maker, reported today that it has linked with publisher Random House Publishing Group , where the two will co-develop intellectual property. Random House and THQ said the two will develop a collection of games and books, as well as other media.

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THQ Taps Joyent For Infrastructure

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Agoura Hills-based THQ reports today that it has selected Joyent , a provider of cloud infrastructure services, to provide it with support in the social games space. THQ said that it will use Joyent to support its turn-key development and publishing for its social gaming development teams. READ MORE>>.

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Nomadix Settles With AT&T

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Agoura Hills-based wireless gateway developer Nomadix reported Tuesday that it has reached a settlement with Wayport, Inc., Superclick, Inc., and Superclick Networks, Inc., affiliates of AT&T Corp., over a patent infringement case.

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THQ Taps Naughty Dog's Rubin In Restructuring Effort

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Agoura Hills-based THQ said Monday afternoon that it is in a "major" leadership restructuring, and has set Jason Rubin as President of the firm. Ribin is the co-founder of game developer Naughty Dog, and co-created that firm's popular Crash Bandicoot and Jak and Daxter titles.

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Rumors Swirl Around THQ

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Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business.

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THQ Raises Q4 Outlook

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Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million. READ MORE>>.

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