CRE: Ventura County manufacturer purchases new headquarters
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One Ryde at a time: AngelCon winners look to reshape college traveling
June 12 update: A previous version of the article incorrectly stated Josh Wong’s last name in the photo caption. Additionally, corrections have been made to update the arrival of Emily Gavrilenko and Wong to the Ryde team as well as the make-up of the team. Ride-sharing applications are nothing new in the world of Uber Read More →
Portfolio watch
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Navigating artificial intelligence in higher education
By Gerhard Apfelthaler I would like to begin this article by emphasizing that it was written entirely by a human, but improved by ChatGPT! In a world where artificial intelligence (AI) is capable of generating greeting cards, thank you letters, job applications, rejection letters, project briefs, blog posts, and even scholarly articles, it has become Read More →
Technical debt and airplanes are a rough combination
By Paul Witman By Scott Mackelprang In late 2022, winter storms and technical problems caused Southwest Airlines to cancel thousands of flights, disrupting travel for 2 million passengers and complicating life for their flight crews and other staff. In early April 2023, Southwest released an action plan to guide public perception of the updates and Read More →
Semtech shares rise in after-hours trading following earnings beat
Camarillo-based Semtech saw its shares rise nearly 15% in after-hours trading on June 7, hours following the company’s first-quarter earnings announcement in which it beat analyst expectations in both revenue and net income. Semtech, which specializes in the Internet of Things applications, generated revenue worth $236.5 million, an increase of 41.2% sequentially, which means from Read More →
Santa Barbara cannabis company sees higher revenue to start 2023
Bloomios, a Santa Barbara-based cannabis products company, on June 1 reported first-quarter revenue of $2.75 million, up 84% from $1.5 million in first quarter 2022. The company’s gross profit was $675,000 or 25% of revenue as compared to $640,000 or 43% of revenue a year ago, the company said in its first-quarter earnings report. The decrease in gross Read More →
