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APPAREL: The paper-preferring clothing industry may prove a tough fit for NuOrder’s digital ordering and inventory system
It’s hard to find a pen or paper at NuOrder Inc.’s West Hollywood offices. Its co-founders don’t want its biggest competitor hanging around.
INTERNET: United Online completes FTD spinoff, says ISP cancellations slow.
Internet: United Online shares bloom with the completion of its spinoff of flower business FTD.
ADVERTISING: Newly named TrueX makes play for YouTube content.
Newly rechristened TrueX wades into streaming video with its interactive ads.
INTERNET: Viddy’s now Supernova as it works to regain firm’s early heat.
Internet: Maker of video app Viddy looks to change its focus and image with new name and products.
Mar Vista's Just Scan It, an app maker specializing in mobile scanning, has rolled out a self-named iOS app that aims to loop valet services and drivers into a single network.
Myspace, acquired by Irvine’s Specific Media in 2011 for $35 million, has laid off 5 percent of its staff, according to a source familiar with the company.
The e-commerce startup filed a notice with the State of California that it planned to eliminate 52 mostly customer service positions, roughly 10 percent of its overall staff, by the end of the year.
The company lowered its guidance for the full year, estimating a net loss of up to 6 cents per share and revenue between $106 million and $108 million.
The Santa Monica media company announced Thursday a third-quarter net loss of $10.4 million (-12 cents per share), compared with a net income of $3.2 million (4 cents) in the same period last year.
After coming close to a deal for 300,000 square feet in Playa Vista earlier this year, the growing tech company switched gears and has signed a 15-year lease for 284,000 square feet at Element LA, a project by West L.A. real estate company Hudson Pacific Properties Inc. at Olympic Boulevard and Bundy Drive.
The "Call of Duty" publisher reported third quarter net income of $56 million (5 cents per share), down from $226 million (20 cents) during the same period last year.
SocialVibe has been renamed TrueX Media and the company's interactive advertisement service is now called TrueAttention.
Beats also announced Wednesday that President Luke Wood has been appointed to the board, which includes co-founders Dr. Dre and Jimmy Iovine and three unnamed independent directors.
Revenue for the quarter was up 37 percent to $128 million.
Jacobs Engineering Group Inc. on Tuesday announced two acquisition-related deals in China and Brazil to build its overseas operations.