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Ventura County Community College District chancellor to retire next year

By   /  Tuesday, August 17th, 2021  /  East Ventura County, Education, Latest news, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County Community College District chancellor to retire next year

Greg Gillespie, the chancellor of the Ventura County Community College District, will retire at the end of the 2021-22 school year, the district announced Aug. 17. Gillespie has been with the district for eight years, first as campus president at Ventura College and the last four as district chancellor. In that position, he is the Read More →

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Dignity, Anthem settle health coverage dispute

By   /  Tuesday, August 17th, 2021  /  Central Coast, Central Coast Health Watch, East Ventura County, Latest news, right, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Dignity, Anthem settle health coverage dispute

Dignity Health and Anthem Blue Cross have reached a new multi-year contract agreement that allows Anthem-insured customers to maintain in-network access to Dignity Health providers and facilities. On Aug. 16, the two organizations announced the agreement, which returns Dignity Health providers in the Tri-Counties to Anthem health plans, with no gap in coverage. The contract Read More →

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Revenue and losses both growing at MannKind

By   /  Tuesday, August 17th, 2021  /  Banking & Finance, Biotech, Central Coast Health Watch, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Revenue and losses both growing at MannKind

MannKind saw a significant rise in revenue thanks to its product Afrezza, but its net loss in the second quarter of fiscal year 2021 also rose significantly as the company tried to pay down its debt. The Westlake Village biotech company released its earnings after the markets closed on Aug. 11. It opened the next Read More →

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Transphorm reports loss, closes $5M in new financing

By   /  Monday, August 16th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Transphorm reports loss, closes $5M in new financing

Goleta-based Transphorm saw net losses continue to mount in its most recent quarter, according to financial results released Aug. 16. Transphorm, a supplier of gallium nitride power conversion products, reported a loss of $7.1 million, or 17 cents per share, in the first quarter of 2021-22, bigger than its net loss of $6.6 million, or Read More →

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Sonos wins patent dispute with Google

By   /  Monday, August 16th, 2021  /  Banking & Finance, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos wins patent dispute with Google

A judge from the U.S. International Trade Commission ruled in favor of Santa Barbara based Sonos on Aug. 13, finding that Alphabet Inc’s Google infringed upon five of Sonos’ patents for wireless speakers and related technology. Judge Charles E. Bullock did not give a reason for the decision but the ruling did find that Google Read More →

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Rent-a-robot: inVia finds its niche with robotics-as-a-service model

By   /  Friday, August 13th, 2021  /  East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Rent-a-robot: inVia finds its niche with robotics-as-a-service model

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Sonos delivers surprise profit, raises revenue guidance

By   /  Wednesday, August 11th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos delivers surprise profit, raises revenue guidance

Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30.  Read More →

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