Cognixion’s flagship product receives FDA breakthrough designation
Latest news, Subscriber content, Technology, Top Stories, Top StorySanta Barbara-based Cognixion has received a Breakthrough Device designation from the U.S. Food and Drug Administration, the company announced on May 4, paving the way to get its artificial intelligence-powered neural interface to the market faster. Cognixion was founded in 2014 by Andreas Forsland, under the name Smartstone at the time. With the designation, Cognixion Read More →
First Republic Bank is operational after seizure and sale to JPMorgan Chase
Banking & Finance, Banking Industry, Economy, Latest news, middle, Tri-County EconomyFirst Republic Bank branches across the country, including the only one in the tri-county region located on Santa Barbara’s State Street, were fully open and operational on May 1 after regulators seized and promptly sold the bank to JPMorgan Chase the same day to avoid any further fallout. The First Republic Bank failure is the Read More →
Amgen’s revenue dips in the first quarter, still beats earnings estimates
Earnings, Latest news, middle, Technology, Tri-County Public CompaniesThousand Oaks-based Amgen delivered a sound earnings beat in the first quarter of 2023, the company announced after the markets closed on April 27. Amgen, one of the largest biotechnology companies in the world, generated net income worth $2.8 billion in the first quarter or $5.28 earnings per share. This nearly doubled last year’s first-quarter Read More →
Aptitude receives $54 million for diagnostic platform
Latest news, Technology, Top Stories, Top StoryCOVID is transitioning from a pandemic state to an endemic one and as a result, life is returning more and more back to normal. Businesses are open, gatherings are no longer discouraged and people can enjoy many of the activities they enjoyed before 2020. But while it may not be a pandemic anymore, tracking COVID Read More →
Teledyne starts the new year strong with earnings beat
Earnings, Latest news, left, Technology, Tri-County Public Companies, Ventura CountyThousand Oaks-based Teledyne Technologies kicked off the earnings season right here on the Central Coast, delivering an earnings and revenue beat for the first quarter of 2023, the company announced on April 26 before the markets opened. Teledyne, a technology and defense conglomerate, delivered record revenue results in the first quarter, generating $1.38 billion in Read More →
Sonos blasts into the software game
Latest news, Regions, Santa Barbara County, Subscriber content, Technology, Top Stories, Top StoryThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
AppFolio extends contract with large property manager
Latest news, Regions, Santa Barbara County, Subscriber content, Technology, Top Stories, Top Story, Tri-County Public CompaniesThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
