Community Bank of Santa Maria continues anniversary charity giveaway
The Community Bank of Santa Maria drew two more winners on July 8 for its $20,000 charity giveaway. The bank, which is celebrating 20 years this year, is drawing the names of two charities every month as part of a pledge to donate $20,000 to local non-profits. The bank’s customers submit the charities that go Read More →
Trade Desk unveils new ad platform it calls ‘biggest release ever’
Shares of The Trade Desk rose by as much as 5% on July 7, as the Ventura-based advertising technology company unveiled its new trading platform, Solimar. The Trade Desk closed at $76.56 on July 6 and traded as high as $81.59 on July 7 before closing at $77.65, up 1.5% from the previous closing date. Read More →
Procore expands into Middle East and North Africa
Procore Technologies, a Carpinteria-based company that provides software to the construction industry, announced an expansion into the Middle East and North Africa on July 6. The effort will be undertaken in partnership with Mubadala Investment Company, a sovereign investor for the government of Abu Dhabi that owns shares in Procore. “The construction sector in the Read More →
Arcutis ends phase 2 trials on potential skin treatment
Shares of Westlake Village-based Arcutis Biotherapeutics dropped by as much as 5% during the trading day July 1, after the biotech company terminated phase 2 trials for a potential treatment. Arcutis, a biotech company focused on creating dermatology treatments, has announced July that it had terminated phase 2a and 2b trials for evaluating ARQ-252, a Read More →
Trade Desk profits from Google’s delay on cookie phaseout
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Dubroff: QAD deal marks another win for region’s software entrepreneurs
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Opinion: Why investors fell in love with SPACs — and how the bubble burst
By Daniele D’Alvia, Queen Mary University of London What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent deal-making fad: special purpose acquisition companies (SPACs). SPACs are shell companies that are floated on the stock market with one purpose: to buy another company. This Read More →
