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Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

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San Diego-based Qualcomm confirmed Tuesday evening that it is considering shutting down its FLO TV, mobile television service, after reports that the firm is planning to shut off the service. Qualcomm said that--if it shuts down the service--it will make "appropriate refunds" and would order some layoffs related to the shutdown.

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BUZZMEDIA Trims Spin Magazine

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Los Angeles-based digital media publisher BUZZMEDIA is wasting no time reshaping SPIN Magazine , the venerable music and culture publication it acquired earlier this month, and is reportedly already cleaning house. BUZZMEDIA runs Stereogum, Idolator, XLR8R, and many other popular music and entertainment properties. READ MORE>>.

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