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Google taps UCSB for quantum computing

By   /  Tuesday, September 2nd, 2014  /  Latest news, South Coast, Top Stories  /  No Comments

Google has selected a UC Santa Barbara lab for a new quantum computing initiative just a short distance from where Microsoft has an outpost, setting up a battle among tech giants on the South Coast.

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Crunchies moves to block takeover bid with Chapter 11 filing

By   /  Tuesday, August 26th, 2014  /  East Ventura County, Latest news, Law, Top Stories  /  No Comments

CEO, President and Founder Jim Lacey at Crunchies Food Co.'s Westlake Village headquarters. (Business Times file photo)

Westlake Village-based Crunchies Food Co. has filed for Chapter 11 bankruptcy protection, alleging that one of its largest vendors has attempted a hostile takeover of the fast-growing freeze-dried snacks maker.

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$10M Pismo Beach tract to be preserved

By   /  Tuesday, August 26th, 2014  /  Central Coast, Latest news, Real Estate, Tourism  /  No Comments

The Land Conservancy of San Luis Obispo now has the funds to complete the purchase of the 900-acre Pismo Preserve thanks to an additional contribution from the County Board of Supervisors.

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50 Fastest-Growing Companies 2014 announced

By   /  Monday, August 25th, 2014  /  Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Mindbody, ranked No. 11 on the Business Times' 50 Fastest-Growing Companies

Learn more about this year’s featured companies and the Sept. 18 awards event.

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Venoco to sell Oxnard oil field for $200M

By   /  Friday, August 22nd, 2014  /  Latest news, Top Stories, West Ventura County  /  1 Comment

With revenue sagging and pressure mounting to reduce its debt load, Venoco has agreed to sell an oil field near Oxnard for $200 million.

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Semtech earnings on track after layoffs

By   /  Thursday, August 21st, 2014  /  Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County  /  No Comments

Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the […]

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IQMS taps venture heavyweights for capital infusion

By   /  Tuesday, August 19th, 2014  /  Banking & Finance, Latest news, Technology, Top Stories  /  No Comments

Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Faceook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal […]

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