
Obituary: Bill Powell, president of the Casa Pacifica board
Latest news, NonprofitsWilliam “Bill” Powell, the board president of Casa Pacifica Centers for Children & Families, passed away earlier this month after nine years of service with the nonprofit. Powell joined Casa Pacifica’s board in 2012 after receiving a tour of its Camarillo-area facility two years earlier. He contributed heavily to Casa Pacifica’s leadership, chairing the executive Read More →
Street Smarts: SBA marks Black History Month with webinar series
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Facebook to give UCSB $1.5M to study data centers
Energy, Green Coast, Higher Education, Latest news, South Coast, Technology, Tri-County EconomyFacebook will give $1.5 million to UC Santa Barbara’s Institute for Energy Efficiency to fund research into energy-efficient data centers and artificial intelligence, UCSB announced Feb. 4. The institute will use the three-year grant to “investigate advanced energy-efficient data center infrastructure, including low-power optical interconnects for computer networks and machine learning with reduced carbon footprint,” Read More →

Inphi reports record revenue, declining losses in 2020
Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public CompaniesInphi, a Santa Clara semiconductor company with sizable operations in Thousand Oaks, reported record revenue for the fourth quarter of 2020 and a smaller net loss than the same quarter a year earlier. Inphi, which reported its earnings on Feb. 2, is in the midst of being acquired by Marvell Technology Group, a larger competitor Read More →

Arcutis stock soars on drug trial news; company announces $150M capital raise
Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Tri-County Economy, Tri-County Public CompaniesStock of Arcutis Biotherapeutics, a Westlake Village-based company developing dermatological treatments, shot up more than 30% on Feb. 1 after the company released positive results from a recent clinical trial. Later in the day, Arcutis said it plans to sell $150 million worth of its common stock. Before stock trading opened, the company announced positive Read More →

Street Smarts: Santa Barbara Zoo returns, but without its oldest resident
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