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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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Sony Slashes Jobs In San Diego

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Sony''s massively multiplayer online game division, Sony Online Entertainment , is cutting jobs in San Diego, as part of a cost reduction move, Sony disclosed Wednesday. Size of the layoffs have not been announced. The layoffs, which were first reported by GameSpot, also affected Sony Online Entertainment''s Austin operations.

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Report: ManiaTV Axes Staff

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Los Angeles-based ManiaTV has reportedly laid off 15 of the firm's 33 employees, according to a report in The Deal, as the firm prepares to sell the company. Tags: employment merger layoff hollywood content acquisition entertainment maniatv. The Deal said Revision3 is rumored to be a possible buyer for the firm.

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BUZZMEDIA Trims Spin Magazine

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Billboard magazine reports that BUZZMEDIA has already begun layoffs at the magazine, which is expected to halt print publication with its September/October issue. BUZZMEDIA runs Stereogum, Idolator, XLR8R, and many other popular music and entertainment properties. READ MORE>>.

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60Frames Shuts Down

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Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. Tags: 60frames online entertainment content hollywood studio layoff shutdown. 60Frames had raised $3.5M 60Frames had raised $3.5M READ MORE>>.

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Report: Break.com Cuts Staff

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Beverly Hills-based online entertainment site Break.com has reportedly laid off 11 staffers, according to a report by CNET.

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Friday roundup: More layoffs, venture roundup, growth at firms, and more

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TheWrap --focused on Hollywood and entertainment news-- announced funding from Maveron on Monday. Turning to venture capital, it looks like Southern California venture capitalists are mostly missing from the Forbes Midas List this year.