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Machinima Lays Off 42

socalTECH

Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

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Snap Cuts 120 Engineers, Citing Job Performance

socalTECH

Venice, California-based social networking app developer Snap Inc. The layoffs represent around 10 percent of Snap's engineering team. has laid off more than 120 engineers, according to reports based on internal emails being circulated from the company, saying it had cut its "lowest performing" engineers in recent job reviews.

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QLogic Completes Ethernet Asset Buy From Broadcom, Chops Staff

socalTECH

Aliso Viejo-based network hardware developer QLogic said late Thursday that it has completed its acquisition of the 10/40/100Gb Ethernet controller assets from Broadcom , as well as cut staff as part of a restructuring effort related to the move. The acquisition deal had been announced in February. READ MORE>>.

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LSI Cuts Jobs In Southern California

socalTECH

LSI Corporation , a developer of data storage products, has cut a product line it had been developing in Southern California, resulting in the layoffs of employees in Irvine and Westlake Village, as well as Israel and Silicon Valley. Sources close to LSI confirmed the layoffs.

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Websense To Move 470 Jobs To Texas

socalTECH

San Diego-based cybersecurity developer Websense announced Friday that it is officially moving its headquarters to Austin, Texas, and moving 470 jobs to the city. websense jobs employment texas layoff' Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. READ MORE>>.

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Latest Post-COVID Trends in the Telecom Sector

Southern California Edison Blog

Although the bulk of the COVID-19 pandemic has passed, lingering effects in the form of ongoing remote work and network usage will continue to influence how telecom operators operate. Other top factors for carriers include fast network speed, reliability, and cost. . Post-Pandemic Consumer Trends In The Telecom Industry.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

.” MediaLab is a holding company that owns several other mobile properties , including anonymous social network Whisper and mixtape app DatPiff. MediaLab said it has “some ideas” for developing Kik going forwards, including making the app faster and reducing the amount of unwanted messages and spam bots.