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By Stephen Nellis / Tuesday, September 2nd, 2014 / Latest news, South Coast, Top Stories / Comments Off on Google taps UCSB for quantum computing
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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By Marlize van Romburgh / Tuesday, August 26th, 2014 / East Ventura County, Latest news, Law & Goverment, Top Stories / Comments Off on Crunchies moves to block takeover bid with Chapter 11 filing
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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By Elijah Brumback / Tuesday, August 26th, 2014 / Central Coast, Latest news, Real Estate, Tourism / Comments Off on $10M Pismo Beach tract to be preserved
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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By Stephen Nellis / Thursday, August 21st, 2014 / Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County / Comments Off on Semtech earnings on track after layoffs
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 Read More →
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By Stephen Nellis / Tuesday, August 19th, 2014 / Banking & Finance, Latest news, Technology, Top Stories / Comments Off on IQMS taps venture heavyweights for capital infusion
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 Read More →