CRE: Luxury apartments see more demand after mortgage rate hikes
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Street smarts: Eloise Cohen, a major arts supporter in Thousand Oaks, dies at 73
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Portfolio watch
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AppFolio lays off 9% of workforce in second round of 2023 cuts
AppFolio CEO Shane Trigg announced that the company would be firing 9% of its workforce, or 149 employees, effectively immediately, he wrote in a letter sent out to employees on Aug. 17. The letter, filed with the U.S. Securities and Exchanges Commission, said the company’s lack of profitability hurt “our ability to achieve our potential.” Read More →
Connected TV, retail media bolster Trade Desk’s solid quarter
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24 tri-county companies earn a spot on national fastest-growing companies list
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Transphorm reports slightly higher revenue in first quarter
Goleta-based Transphorm reported its first-quarter earnings after the markets closed on Aug. 14, noting a slight raise in revenue. Transphorm, a supplier of gallium nitride power conversion products, generated $5.9 million in revenue in the first quarter up from $5.2 million in the same quarter a year ago. Moreover, the company’s net loss was $7.4 Read More →
