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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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Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

socalTECH

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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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. Google will however feel the layoffs. A company it bought in May.

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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

Moovit, an Israeli-based Mobility as a Service startup, launched an Emergency Mobilization On-Demand service. ” Layoffs in a time of COVID-19. If so, go check out Layoffs.fyi, the site doesn’t just list layoffs. Via isn’t the only company shifting its attention to emergency services. The company said T.

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Zynga's Loss, SGN's Gain

socalTECH

Although the layoff at Zynga does put a lot of talent on the market, Dewolfe said that it won''t be accelerating its rate of hiring. zynga layoff jobs employment hiring videogame content game social mobile' SGN also said that it plans to acquire a number of shops that have spun off from Zynga. READ MORE>>.

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Fisker Automotive Burnt Through $1.4 Billion

socalTECH

The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007. READ MORE>>.

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Report: Fisker Sued Over Unpaid Bills

socalTECH

According to a report this morning, multiple lawsuits are now in motion from Fisker''s vendors, over unpaid bills, including one by its web site and mobile designer. fisker automotive cleantech auto hybrid automobile legal lawsuit employment jobs layoff' READ MORE>>.

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